THREAD: amazon bold australia move business
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AMAZON’S Bold Australia Move: Business Owners Cheer Massive $77B Shakeup
— Amazon has rolled out its Amazon Business marketplace in Australia, aiming straight at the country’s booming $77 billion B2B sector. The new platform offers business-only prices, bulk discounts, and a simple way for companies to buy office supplies and electronics.
Australian business owners now get access to exclusive perks like Business Prime. This includes fast shipping and features such as shared accounts and custom buying rules designed for companies. Amazon claims these tools will help businesses save money and run smoother during tough economic times.
Recent studies show that 92 percent of Australian small and medium businesses have faced rising costs in the last three years. Amazon hopes to fill this gap by offering savings and convenience that are hard to find elsewhere — just in time for the new financial year.
This launch is set to boost Amazon’s influence in both retail and B2B markets across Australia. Many business owners welcome the move as they struggle with low confidence, tight budgets, and pressure on profits.
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AMAZON’S Shocking Power Grab: Shopify Deal Rocks Wall Street After Bank Collapse
— Amazon just announced it will buy Shopify for $85 billion. This move could make Amazon even stronger in online shopping and cloud services. Stocks for both companies shot up after the news came out. Regulators are now expected to take a hard look at the deal because of its massive size and impact on competition.
At the same time, First National Financial, a big Wall Street bank, went bankrupt after losing money in the latest crypto crash. The bank’s failure rattled financial markets and caused banking stocks to fall fast. Investors are now worried that more trouble could be coming as crypto keeps shaking up regular banks.
These two events signal major changes for tech giants and America’s financial system. Many Americans will be watching closely as government officials decide what comes next.
How regulators handle this Amazon-Shopify deal — and the fallout from another big bank collapse — could shape our country’s economic future for years to come.
BUSINESS SHOCKER: Chorus, Saks, And Starbucks Unleash Bold Moves On Global Markets
— Chorus is rolling out faster business fibre plans in New Zealand. The company now offers a 1Gbit/s plan with equal upload and download speeds. They also promise quicker service if things go wrong. Experts say if more businesses use the cloud, it could add billions to New Zealand’s economy.
Saks Fifth Avenue is trying something new by selling luxury goods on Amazon’s UK website. With brands like Dolce&Gabbana and Balmain, Saks hopes Amazon will help them reach more shoppers across Europe.
Starbucks may sell part of its China business. The coffee giant has started talking with private equity groups and tech firms as it looks for new ways to grow in China.
These bold moves show how big companies are changing fast to stay ahead in a tough global market. Conservatives know that innovation and competition keep economies strong — these updates are proof of that belief.
UPS SHARES Plummet: Bold Move to Slash Amazon Business Stuns Investors
— UPS shares dropped sharply after the company revealed plans to cut its business with Amazon in half. This move comes as UPS faces lower-than-expected revenue projections, signaling that a rise in parcel demand isn’t likely this year. To cope, UPS has been hiking prices and adding surcharges.
In a bid for bigger profits, UPS is focusing on growing its health-care segment, aiming for $20 billion in revenue by 2026. The company predicted $89 billion in revenue for 2025, which is below analysts’ expectations of $94.9 billion. In 2024, UPS reported revenues of $91.1 billion with Amazon making up 11.8% of that total.
The sudden cutback with Amazon caught many investors and analysts off guard. Daniel Imbro from Stephens Inc., noted the swift change as surprising news within industry circles. This strategic shift shows UPS’s dedication to prioritizing higher-margin ventures over volume-driven deals like the one with Amazon.
AMAZON’S BOLD Move: New South Africa Center Shakes UP Market
— Amazon has opened a new center in Cape Town, South Africa, to support its independent sellers. This is part of Amazon’s plan to grow its market share and compete with local leader Takealot, owned by Naspers. The center aims to help sellers attract more customers and expand Amazon’s product range, potentially boosting revenue.
APPLE’s CHINA TROUBLES: iPhone Shipments PLUMMET
Apple shares fell 3.2% after research firm Canalys reported a 17% drop in iPhone shipments in China for 2024. This decline pushed Apple down to third place in China’s market share rankings. Despite the stock’s volatility, this news is significant but doesn’t drastically change the company’s business outlook.
STOCK MARKET SLUMP: Earnings Reports RATTLE Investors
The stock market took a hit following Wednesday’s rally due to retail sales data and major bank earnings reports taking the spotlight. Analysts remain hopeful about gains for the S&P 500 by year-end despite current swings. Focus is also on upcoming hearings on tariff plans before President-elect Donald Trump that could affect future economic strategies moving forward.
— Meta Cuts EU Facebook and Instagram Subscription Fees by 40% The tech giant has announced a significant reduction in subscription costs for its platforms across Europe
— Alphabet Reports Strong Earnings, Driven by Cloud Growth The tech giant exceeded expectations in both revenue and profit, thanks to a significant increase in cloud services
— UniCredit’s Andrea Orcel Eyes Commerzbank Acquisition The CEO of UniCredit is strategically targeting Commerzbank as part of a bold expansion plan
— Investigation Launched into Google-Parent Alphabet’s Partnership with AI Firm Anthropic in the UK UK authorities are scrutinizing the collaboration between Alphabet and Anthropic over potential regulatory concerns
— Argentina’s ‘Anarcho-Capitalist’ Milei Holds High-Profile Meetings to Boost Investment Argentinean economist Milei engages with tech giants Altman, Cook, and Pichai to drive investment initiatives
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UK’S CONSERVATIVE Government Unveils TAX Cuts Strategy: A Bold Move to Win Over Voters
— The Conservative government of the UK, under the leadership of Prime Minister Rishi Sunak, is strategizing a tax cut to win voter favor. This decision comes as a strategic move in anticipation of next year’s national election, where current polls hint at a possible Conservative defeat.
On Monday, Sunak declared his government’s intention to “cut tax and reward hard work”, while steering clear from any measures that might jeopardize their success in taming inflation. The UK is currently burdened with its highest tax level in seven decades due to the economic aftermath of COVID-19 and energy price surges triggered by Russia’s invasion of Ukraine.
Inflation has been reined in to 4.6% from an alarming 41-year peak of 11.1% last year, thereby paving way for these proposed tax cuts. “With inflation now halved and our growth stronger — leading to higher revenues — we can shift gears into the next phase and focus on cutting taxes,” stated Sunak.
Sunak assumed office as prime minister in October 2022 following Liz Truss’s brief stint which ended amidst financial market chaos caused by unfunded tax cuts. He pledged stability for Britain’s economy post this tumultuous period.
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