Amazon sparks fears with sales forecast

Amazon has forecast lower-than-expected sales for the first three months of the year sparking investor fears over slowing growth. Shares in the online giant fell almost 5% in after-hours trading despite it reporting record sales and profit for the Christmas holiday period. Amazon expects sales to grow between 10% and 18% in the first quarter, […]

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Italy in recession amid sluggish eurozone

Italy’s economy tipped into recession at the end of last year, according to latest figures. In the final three months of 2018, the economy shrank by 0.2%, following a 0.1% decline in the third quarter, the Istat statistics office said. Italian Prime Minister Giuseppe Conte said the contraction was likely to continue into 2019. Meanwhile, […]

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UK weather: Travel warnings after night of snowfall

Commuters across the UK are being advised to check their routes before travelling after a night of heavy snowfall affected roads and railways. Great Western Railway said services could be disrupted until 13:00 GMT while Transport for Wales expects some routes to be affected until 14:00. In Cornwall, more than 100 people spent the night at […]

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