Business

Amazon wants entrepreneurs to open small-scale delivery services

The company says the program is set up so successful delivery partners can make up to $300,000 in annual profit. "This program signals that Amazon would like to ramp up its last-mile logistics operation more quickly", said Colin Sebastian, an analyst at Baird.

Business

Thousands of Australians stranded after Mount Agung volcano spews ash

However, it added, several flights remained as scheduled until further notice. Jetstar says it will contact passengers with new flight details when it is safe to resume flying. An earlier flight on AirAsia was called off before the airport was shuttered early Friday morning. SIA passengers travelling to Bali between Thursday and Friday may also be able to rebook or request a refund of their tickets, it said in a Facebook post.

Business

UK euroskeptics urge PM Theresa May to prepare for 'no deal' Brexit

On Saturday, tens of thousands of anti-Brexit protesters marched in London to demand a new referendum on leaving the EU. The survey confirmed that a Free Trade Agreement with the United Kingdom is more popular within the EU27 business community than a Customs Union, with 67 per cent of respondents deeming a FTA as being important to their business, versus 45% for the Customs Union.

Business

'Stay 100% in US, we won't forget': Donald Trump warns Harley Davidson

Trump said this while defending his recent decision to impose tariffs on the import of foreign products. Taxes that the European Union has slapped on its bikes in reaction to Trump's steel and aluminum levies will cost the company as much as US$100 million (RM402 million) a year.

Business

Ways Donald Trump Made Harley-Davidson a Target

President Donald Trump's trade policies have put Harley-Davidson in the crosshairs. Trump also warned Harley that the company would be heavily taxed if it tried to import goods from its European production centers back to the US, though there is no indication that the vehicles it produces there would be sold anywhere but on the continent.

Business

Why Opec Increased Crude Oil Production - Barkindo

ICE August Brent lagged slightly, settling $2.50 higher at $75.55/b. The premium of Brent crude over US futures narrowed to around $5.21 a barrel on Monday, down from almost $10 a week ago, thanks to the steep drop in the premium of USA coastal grades over the West Texas Intermediate benchmark price.


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