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Amazon hikes Prime subscription in five European countries
Amazon hikes Prime subscription in five European countries
by  AFP

Amazon Prime customers in five European countries learned Tuesday that they face double-digit price increases for the platform's expedited delivery service. The rises take the price of Prime, which in addition to rapid delivery includes access to its Prime Video service, to 49.90 euros in Italy and Spain.

VW's new CEO faces twin challenges of Porsche, software problems
VW's new CEO faces twin challenges of Porsche, software problems
by  AFP

When Oliver Blume ascends to the top job at German automaker Volkswagen in September, he will be faced with taming the challenges that led to the fall of his predecessor, Herbert Diess, last week. The new chief, who has spent his entire career at Volkswagen, is more "cooperative" than Diess, who was hired from rival German carmaker BMW, Dudenhoeffer said.

McDonald's tracking inflation impact as Russia exit hits profits
McDonald's tracking inflation impact as Russia exit hits profits
by  AFP

McDonald's reported lower profits Tuesday following the hit from its Russia withdrawal, as it keeps a close eye on restaurant traffic amid rising consumer inflation. As a more affordable restaurant chain, McDonald's is potentially positioned to pick up sales from lower-income consumers.

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