Financial News · Live Terminal

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Amazon Singapore to Pivot to International Store Model

E-commerce giant Amazon is looking to carry out a significant restructuring of its retail operations in Singapore, according to a company release on Thursday.Under the plan, the technology company will phase out its local grocery fulfilment vertical and will divert focus towards its international catalogue.The shift will reportedly result in under 10% of its workforce in Singapore losing jobs, according to a report by The Business Times.However, the company has outlined plans to provide support to employees who might not be internally relocated to other departments.

Financial News · Live Terminal

Amazon Singapore to Pivot to International Store Model

Malaysian Shares Extend Gains After Bank Negara Keeps Interest Rate Unchanged

Jagsonpal Pharmaceuticals Sets Dates for INR400 Million Buyback

Singapore Airlines Budget-Friendly Unit to Add New Aircrafts to Fleet

Jefferies Adjusts PB Fintech's Price Target to INR1,950 from INR1,800, Keeps at Buy

MRF's Consolidated Profit Climbs in Fiscal Q4

Jefferies Adjusts Bajaj Auto's Price Target to INR10,500 From INR9,100, Keeps at Hold

Jefferies Adjusts Godrej Consumer Products' Price Target to INR1,400 From INR1,500, Keeps at Buy

Jefferies Adjusts Shree Cement's Price Target to INR27,600 From INR27,530, Keeps at Hold

Jefferies Adjusts CG Power and Industrial Solutions' Price Target to INR745 from INR600, Keeps at Hold

Jefferies Adjusts Polycab India's Price Target to INR9,770 From INR8,950, Keeps at Buy

Jefferies Adjusts SRF's Price Target to INR2,450 From INR2,640, Keeps at Underperform

Truly International's Turnover Drops 16% in April

Singapore Shares Extend Gains Amid Positive US-Iran Talks

Sunview Lists 9 Million Private Placement Shares

Rossell Techsys Receives Export Order for Wire Harness Manufacturing; Shares Jump 7%

Bharat Forge's Consolidated Net Profit Declines in Fiscal Q4; Shares Up 5%

Government's Anti-Involution Efforts to Squeeze Chinese Carmakers, S&P Says

Starts Proceed Investment to Sell Tokyo Residential Asset for $8.2 Million

Kehua Director to Trim Stake

Amazon Singapore to Pivot to International Store Model

Malaysian Shares Extend Gains After Bank Negara Keeps Interest Rate Unchanged

Jagsonpal Pharmaceuticals Sets Dates for INR400 Million Buyback

Singapore Airlines Budget-Friendly Unit to Add New Aircrafts to Fleet

Jefferies Adjusts PB Fintech's Price Target to INR1,950 from INR1,800, Keeps at Buy

MRF's Consolidated Profit Climbs in Fiscal Q4

Jefferies Adjusts Bajaj Auto's Price Target to INR10,500 From INR9,100, Keeps at Hold

Jefferies Adjusts Godrej Consumer Products' Price Target to INR1,400 From INR1,500, Keeps at Buy

Jefferies Adjusts Shree Cement's Price Target to INR27,600 From INR27,530, Keeps at Hold

Jefferies Adjusts CG Power and Industrial Solutions' Price Target to INR745 from INR600, Keeps at Hold

Jefferies Adjusts Polycab India's Price Target to INR9,770 From INR8,950, Keeps at Buy

Jefferies Adjusts SRF's Price Target to INR2,450 From INR2,640, Keeps at Underperform

Truly International's Turnover Drops 16% in April

Singapore Shares Extend Gains Amid Positive US-Iran Talks

Sunview Lists 9 Million Private Placement Shares

Rossell Techsys Receives Export Order for Wire Harness Manufacturing; Shares Jump 7%

Bharat Forge's Consolidated Net Profit Declines in Fiscal Q4; Shares Up 5%

Government's Anti-Involution Efforts to Squeeze Chinese Carmakers, S&P Says

Starts Proceed Investment to Sell Tokyo Residential Asset for $8.2 Million

Kehua Director to Trim Stake