On a December earnings call, FedEx CEO Fred Smith called Amazon a “good customer of ours.” He went on to say that “we don’t see them as a peer competitor,” referring to Amazon.
On a conference call with reporters, Amazon chief financial officer Brian Olsavsky said the shift to one-day shipping accelerated the increase in memberships “a bit,” but he said the growth is primarily the result of the company’s longstanding efforts to add benefits beyond free shipping.
On the evening of March 23, the Chinese student named Lu Wanzhen was kidnapped by masked and armed suspects in an underground parking garage of a condo building in the Greater Toronto Area city of Markham when he and his friend got out of their vehicle.
On Tuesday, the Federal Reserve cut interest rates by half a percentage point to boost the economy amid uncertainty about the coronavirus, also called Covid-19.
On the earnings front, JP Morgan Chase topped analysts' expectations for third-quarter earnings and revenue on Friday as better-than-expected retail banking results offset the weakness in bond trading.
On the other hand, as the Belt and Road Initiative has brought profound opportunities for both contractors and also product and service providers, ABB wishes to get more involved in the initiative and help Chinese EPC companies go abroad based on its solutions, said Jiang Haibo, head of the industrial automation division of ABB China.
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On Tuesday midday this week, CSRC released a statement, saying it will "improve the quality of listed companies, optimize transaction supervision and encourage value investment", which will "give concrete policy expectations and confidence to the market", Economic Daily reported.
On receiving a call from a deliveryman in her neighborhood, Yu Shasha, a 27-year-old office clerk in Beijing, went out to fetch her delivery. Inside the box were six packages of masks she bought-but not the kind of masks most people are talking about these days.
On economic and trade issues, solutions should be worked out through dialogue and consultation on the basis of mutual respect and balanced approach to address the concerns of each side aiming at win-win outcomes, Cui said.
On Tuesday the government plans to submit to parliament a bill to revise a 2012 law, enacted after a 2009 epidemic, so it can be applied to the coronavirus if necessary. Parliament is expected to approve the bill on Friday.