Japanese e-commerce giant Rakuten struggles to retake the lead from Amazon

Japanese e-commerce giant Rakuten struggles to retake the lead from Amazon

RAKUTEN is a jack-of-all-trades. Since pioneering e-commerce in Japan in 1997, it has been a rare example of a highly entrepreneurial Japanese firm. Today it spans more than 70 businesses providing credit cards, a travel agency, a golf-reservation system, matchmaking, wedding planning and insurance. It owns Viber, a calling and messaging app and has invested […]

Trump attacks Amazon, again, over U.S. postal rates

Trump attacks Amazon, again, over U.S. postal rates

(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax. Trump’s comments on Twitter reiterated criticisms he made on Thursday about the company. He may have […]

Lost villages from centuries ago found in the Amazon rainforest

Lost villages from centuries ago found in the Amazon rainforest

Site Mt05, a circular enclosure on a hilltop in the AmazonJosé Iriarte By Michael Le Page The remains of dozens of fortified villages, built before the arrival of Europeans, have been found in a relatively remote region of the Amazon. It seems the southern periphery of the Amazon was home to a million people before […]

“This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution in the Amazon

“This Is Not A Symbolic Action” — Indigenous Protesters Occupy Oil Platforms in Radicalized Fight Against Pollution in the Amazon

The skiffs arrived a few hours after sundown on September 18, a dark and moonless night in the Peruvian Amazon. They landed at several points along the broad Corrientes River, which flows south over the country’s densely forested border with Ecuador. Hundreds of indigenous Achuar men, women, and children, many carrying ceremonial spears, organized into […]

The beast of Bentonville battles Amazon, the king of the e-commerce jungle

The beast of Bentonville battles Amazon, the king of the e-commerce jungle

A BOA constrictor swallowing capitalism. A cyclone dragging the economy into its vortex. If you look back at how people described Walmart a decade ago, it is eerily similar to how Amazon is viewed now. The supermarket chain has “a scale of economic power we haven’t encountered before”, warned “The Walmart Effect”, a best selling […]

Energy slumps, Amazon shines as Wall Street ends flat

(Reuters) – Wall Street’s major indexes ended little changed on Monday, retreating modestly from record highs set during the session, as gains for Amazon countered losses in shares of energy companies. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 20, 2017. REUTERS/Brendan McDermid Investors also digested […]

New Amazon Threat? Deforestation From Mining

New Amazon Threat? Deforestation From Mining

Newswise — Sprawling mining operations in Brazil are destroying much more of the iconic Amazon forest than previously thought, says the first comprehensive study of mining deforestation in the world’s largest tropical rainforest. The research, published in Nature Communications, finds that mining-related forest loss caused roughly 10 percent of all Amazon deforestation between 2005 and 2015, […]