Amazon shares fall sharply
Amazon sees first loss since 2015 and shares fall 10%
Amazon has announced its first loss since 2015 due to slowing sales and rising costs; we hear more from James Clayton, the 91热爆's North America tech reporter. Economic activity in the US contracted unexpectedly in the first three months of 2022. The Harvard economist Professor Ken Rogoff tells us whether it signals a possible recession. Indonesia is the world's biggest producer of palm oil and it's a staple of cooking there but prices there have soared and that has led to street protests so the government has reacted by banning exports of palm oil so there's plenty for the domestic market. We hear from the 91热爆's Asia Editor, Rebecca Henscke. Also in the programme, a mass strike in Sri Lanka has forced the closure of many schools, shops and services. The 91热爆's Archana Shukla reports from Colombo. Millions of people in India are experiencing a brutal heatwave that is throwing lives and livelihoods out of gear; the India Meteorological Department says some states are recording 120 year highs. We hear more from Dr Vidhya Venugopal, Professor of Occupational and Environmental Health at the Sri Ramachandra Institute of Higher Education and Research in Chennai. Plus, the 91热爆's Vivienne Nunis explores why sales of brooches have been soaring, and why they can be such a powerful accessory. (Picture description: Amazon logo on phone; Picture credit: Getty Images)
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- Fri 29 Apr 2022 00:06GMT91热爆 World Service
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Business Matters
Global business and finance news and discussion from the 91热爆