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Bezos unfazed by antitrust concerns on Amazon

WASHINGTON, USA – Amazon founder and chief executive Jeff Bezos said Thursday, September 13, US time, he was not worried about the potential for anti-trust scrutiny of the company as it becomes an important economic force. Speaking at a Washington business gathering, Bezos said it was normal to draw scrutiny ........»»

Category: newsSource: rappler rapplerSep 14th, 2018

PCC tags competition issues in airline sector

The airline industry in the Philippines has benefited from liberalization and deregulation, a study conducted by the country’s antitrust body found, but competition concerns remain and growth is being hampered by infrastructure and other constraints. The Philippine Competition Commission (PCC), in a study released on Monday, noted that travel options had expanded markedly since the [...] The post PCC tags competition issues in airline sector appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 24th, 2018

Amazon s Jeff Bezos unveils $2B philanthropic fund

  WASHINGTON, USA – Amazon founder Jeff Bezos, the richest person on the planet, announced Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial $2 billion. Bezos made the announcement on Twitter a year after asking for ideas on how ........»»

Category: newsSource:  rapplerRelated NewsSep 14th, 2018

Antitrust body OKs Grab-Uber deal, sets conditions

By Aika Rey/rappler.com – The Philippine Competition Commission (PCC) has bound ride-hailing company Grab Philippines to fair pricing conditions and service quality commitments for acquiring Uber. The PCC released its decision on Friday, August 10 – 70 days after Grab first submitted commitments to address concerns of “virtual monopoly” Read more ».....»»

Category: newsSource:  thepinoyRelated NewsAug 10th, 2018

PCC grants extension to Grab Philippines

The Philippine Competition Commission has granted Grab Philippines a 10-day extension to finalize its voluntary commitments to address the anti-competition concerns raised by the antitrust authority regarding Grab’s acquisition of rival Uber......»»

Category: financeSource:  philstarRelated NewsAug 1st, 2018

Grab commits to improve service

Grab Philippines has committed to address the concerns flagged by the government, stopping for now the review of Grab's takeover deal until the antitrust watchdog says whether or not the commi.....»»

Category: newsSource:  philippinetimesRelated NewsJun 11th, 2018

Central bank unfazed by pace of price pickup

THERE IS STILL NO NEED to raise policy rates in the Philippines despite rising inflation pressures, a senior central bank official said, noting that calls for a rate hike bare a “myopic” view of the economy. In a four-page commentary, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Diwa C. Guinigundo sought to allay concerns that […] The post Central bank unfazed by pace of price pickup appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 1st, 2018

Trump assails Amazon on taxes, retail competition

WASHINGTON D.C, USA – US President Donald Trump took aim Thursday, March 29, at Amazon.com, claiming the US online giant pays too little in taxes and hurts other retailers. "I have stated my concerns with Amazon long before the Election," Trump tweeted. "Unlike others, they pay little or no taxes to state ........»»

Category: newsSource:  rapplerRelated NewsMar 29th, 2018

Twelve Filipinos make it to Forbes billionaires club

By Krista A. M. Montealegre National Correspondent HENRY SY, Sr., the founder of the SM Group of Companies, was named the Philippines’ richest man for the 10th straight year, leading 11 other Filipinos in the world’s billionaires’ club, according to an annual ranking published by Forbes magazine. Amazon Chief Executive Officer Jeff Bezos claimed the […] The post Twelve Filipinos make it to Forbes billionaires club appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 8th, 2018

Bezos tops Forbes world’s rich list as Trump wealth drops

PARIS: Amazon chief Jeff Bezos is now the world’s richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine’s annual billionaires list published Tuesday. US President Donald Trump’s ranking on the list fell to 766th place from 544th in the last edition, his wealth [...] The post Bezos tops Forbes world’s rich list as Trump wealth drops appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 7th, 2018

Bezos tops Forbes world s rich list as Trump wealth drops

PARIS, France — Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second.....»»

Category: newsSource:  philstarRelated NewsMar 7th, 2018

Bezos a $100 billion man as Amazon rises on cyber shopping

Amazon founder Jeff Bezos was a $100-billion man on Monday as the online retail colossus raked in cash from the holiday weekend's cyber shopping spree. Forbes magazine's real-time ranking of the richest people had Bezos on top, with a personal net worth of $100.3 billion. Microsoft co-founder Bill Gates saw his net worth climb to a dizzying $89.4 billion but was relegated to being the second most affluent person on the planet. Bezos owns almost 17 percent of Amazon, which he founded in a Seattle garage in 1994 after quitting a hedge fund job to sell books online. Amazon shares finished the official trading day up just shy of a percent, and inched up a bit more i...Keep on reading: Bezos a $100 billion man as Amazon rises on cyber shopping.....»»

Category: newsSource:  inquirerRelated NewsNov 28th, 2017

‘Lord of the Rings’ TV series may rival ‘Game of Thrones’

A "Lord of the Rings" TV series may be produced by Amazon, and could rival current top fantasy series "Game of Thrones". According to Variety, Warner Bros. Television and the J.R.R. Tolkien estate are keen on having a TV adaptation of the late author's "Lord of the Rings" novels. Amazon currently stands as the top contender to pick up the show and produce it. This goes in line with CEO Jeff Bezos' previous announcement about Amazon's mandate to create something to match "Game of Thrones". On the other hand, Deadline reports that Netflix may also gun for LOTR. So far, no deal has been solidified and negotiations are still in the early stages. However, the price for the LOTR rights ha...Keep on reading: ‘Lord of the Rings’ TV series may rival ‘Game of Thrones’.....»»

Category: newsSource:  inquirerRelated NewsNov 5th, 2017

Amazon's Jeff Bezos becomes world's richest person

Amazon's Jeff Bezos becomes world's richest person.....»»

Category: newsSource:  rapplerRelated NewsJul 28th, 2017

Amazon’s Jeff Bezos becomes world’s richest person – briefly

NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 28th, 2017

Amazon s Jeff Bezos was briefly the world s richest man

NEW YORK — Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company.....»»

Category: financeSource:  philstarRelated NewsJul 28th, 2017

Amazon's chief Jeff Bezos unveils new rocket design

Amazon's chief Jeff Bezos unveils new rocket design.....»»

Category: newsSource:  rapplerRelated NewsSep 14th, 2016

Forget beanbag chairs

Redmond, Wash. — Just off a remote stretch of road here, near wineries, horse stables and farms, Amazon is secretly growing something, but it’s not what Jeff Bezos, Amazon’s chief executive, calls the “tiny seeds” that cou.....»»

Category: newsSource:  mb.com.phRelated NewsSep 13th, 2016

Bezos passes Buffett, becomes third-richest person — Forbes

Jeff Bezos, the founder and chief executive of Amazon.com Inc (AMZN.O), has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hath.....»»

Category: newsSource:  mb.com.phRelated NewsJul 29th, 2016

Switzerland seeks more clarity on gold trade amid rights concerns

GENEVA --- Switzerland's executive is calling for greater transparency and information about imports of gold into the rich Alpine country, warning that the industry has been linked to human rights violations and other wrongs like environmental damage. The Federal Council issued a report on Wednesday about the implications of the gold market on human rights violations in a country that prides itself on respecting human rights and whose refineries can churn up to 40 percent of the world gold-smelting capacity. Switzerland has imported 65 billion-109 billion Swiss francs (dollars) of gold per year over the last five years from 92 different countries, it said. The report warned of the i...Keep on reading: Switzerland seeks more clarity on gold trade amid rights concerns.....»»

Category: newsSource:  inquirerRelated News14 hr. 48 min. ago

Herrera Assures Stricter Policies to Be Imposed at Larsian

In line with the official reopening of the Larsian food strip on Friday, Nov. 16, stricter policies and guidelines will be implemented to address some concerns on food handling and customer service. Joey Herrera, administrator of Larsian, said to avoid the practice of overpricing or bill padding, owners are now required to place a price […].....»»

Category: newsSource:  metrocebuRelated News16 hr. 22 min. ago