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UK probes Amazon over suspected late payments to food suppliers
UK probes Amazon over suspected late payments to food suppliers
by  AFP

Britain's grocery watchdog on Friday launched an investigation into whether online retail giant Amazon made late payments to food suppliers. That made it subject to industry rules that ensure Britain's largest retailers -- those with an annual grocery turnover above £1 billion ($1.3 billion) -- treat suppliers fairly.

Russian government, central bank spar over economic downturn
Russian government, central bank spar over economic downturn
by  AFP

Russian officials sparred publicly on Friday over how to boost the economy, as growth slows more than three years into its Ukraine offensive. Russia's gross domestic product (GDP) growth slowed to 1.4 percent year-on-year in the first quarter, the lowest quarterly figure in two years.

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