Tuesday , August 3 2021

Bezos loses $13.5bn after Amazon disappointment

Bloomberg Amazon.com Inc’s weaker-than-expected second-quarter results has sent its founder’s fortune tumbling. The net worth of Jeff Bezos fell $13.5 billion after the after-market results missed Wall Street’s expectations and foreshadowed an end to the retailer’s pandemic-fueled sales surge. The drop erased 80% of his wealth gains for the year. ...

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Biden’s Afghan evacuations begin with first flight to US

Bloomberg The Biden administration’s first evacuation flight for Afghans who aided American and other coalition forces has arrived in the US, as the administration steps up efforts to relocate interpreters, other military assistants and their families ahead of a final troop withdrawal. The plane, carrying more than 200 people, landed ...

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Peru’s Castillo names Francke as finance minister after delay

Bloomberg Peru President Pedro Castillo named former World Bank economist Pedro Francke as his finance minister and swore him in following a delay that unnerved investors. Francke advised Castillo on economic policy during the campaign and vowed to largely maintain the country’s macro-economic policies while putting more focus on social ...

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Jair Bolsonaro offers raft of conspiracies, internet videos as ‘proof’ of voter fraud

Bloomberg President Jair Bolsonaro doubled down on his criticism of Brazil’s electronic voting system, presenting a series of conspiracy theories and debunked Internet videos as evidence that elections are vulnerable to cheating. During a nearly two-hour address late on Thursday, the far-right president attacked the electoral authority, which has requested ...

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Trump’s tax returns can be released to Congress: DOJ

Bloomberg The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public. “We conclude that the Secretary must comply with the Ways and Means Committee’s June 16, ...

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