Amazon hands goodwill to eBay with move to shut Australians out of overseas sites

Australian home entertainment installer Paul Boon has relied for years on Amazon.com Inc’s U.S. website for cheap wall racks and other parts to keep his costs down.

Speakers, TVs, Kleenex in demand on Amazon Prime Day

Online shoppers purchased more than 100 million products worldwide during Amazon.com Inc’s annual Prime Day sale this week, despite glitches on its mobile app and websites that prevented several customers from placing orders.

Asian shares higher on U.S. earnings but trade worries rattle offshore yuan

Asian shares made early gains on Thursday as upbeat Wall Street earnings supported global investor sentiment, although trade war jitters pushed China’s offshore yuan to a fresh one-year low.

Alibaba to buy minority stake in Focus Media to tap digital marketing

Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital marketing sector.

CITGO says CEO’s U.S. visa has been revoked

Citgo Petroleum Corp [PDVSAC.UL], the U.S. subsidiary of Venezuelan state-run oil company PDVSA [PDVSA.UL], said on Wednesday that the United States had revoked the visa of its president and chief executive Asdrubal Chavez, cousin of Venezuela’s late president Hugo Chavez, but it did not say why.

FCC votes to refer Sinclair Tribune merger to administrative judge

The U.S. Federal Communications Commission said late on Wednesday it had voted unanimously to refer Sinclair Broadcast Group Inc’s $3.9 billion acquisition of Tribune Media Co to an administrative law judge, a blow to the firms’ chances of winning approval.

U.S. proposes expedited appeal in fight with AT&T over Time Warner purchase

The U.S. Justice Department has proposed an expedited schedule for an appeal of a judge’s ruling that allowed AT&T Inc to buy movie and TV show maker Time Warner, according to a court filing on Wednesday.

Fed walks careful line on trade, but downside risks emerging

Federal Reserve Chairman Jerome Powell’s official line on U.S. trade policy is one of careful deference to the Trump administration, acknowledging it is outside the Fed’s responsibility and that it might all turn out for the best.