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Amazon delivers record quarterly profit

Amazon has reported record quarterly profits helped by a rise in online sales and demand for its cloud services.

 

Trade tensions pose a risk to global growth - G20 ministers

The G20 group of finance ministers have said trade tensions could undermine the global economy.

   

IMF warns Ireland faces economic hit from 'no deal' Brexit

IMF warns Ireland faces economic hit from 'no deal' Brexit

Ireland's economy could suffer a 4% hit if the UK and the EU fail to reach a deal following Brexit, the International Monetary Fund has said.

   

Harley-Davidson to make more motorcycles outside the US

Harley-Davidson plans to shift some motorcycle production away from the US to avoid the 'substantial' burden of European Union tariffs.

   

Airbus warns no-deal Brexit could see it leave UK

Airbus has warned it could leave the UK if the country exits the European Union single market and customs union without a transition deal.

   

EU to launch counter-tariffs against US on Friday

EU, launch counter-tariffs against US

The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said.

   

IMF: US tariffs could undermine global trade

IMF, US tariffs, undermine global trade

The Trump administration's trade policies are likely to hurt the US economy and undermine the world's trade system, the IMF has warned.

   

Rolls-Royce announces 4,600 job cuts

Rolls-Royce, job cuts

Engineering firm Rolls-Royce is to cut 4,600 jobs over the next two years as part of a major reorganisation.

   

M&S profits slump on store closure costs

Marks and Spencer, big fall in annual profits, store closure plan

Marks and Spencer has suffered a big fall in annual profits following a costly store closure plan.

   

Sony buys controlling stake in EMI Music Publishing

Sony says it has agreed to buy a controlling stake in EMI Music Publishing for $2.3bn (£1.71bn) as it looks to boost its music portfolio.

   

Bank of Japan inflation target recedes as consumers resist price rises

'We expect GDP growth to slow this year which suggests that capacity shortages won’t intensify any further'

   

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