Amazon is clearly entering its Prime. Meaning, of course, its $100 annual membership program, now a decade old, which has accomplished the remarkable feat of convincing millions of people to pay an annual fee for the privilege of, well, shopping.
FILE - In this Thursday, March 13, 2014, file photo, Ken Lo, CEO of ANXBTC Bitcoin Exchange, points to the screen of his Bitcoin ATM during a demonstration in Hong Kong.
HONG KONG Asian stocks erased earlier gains and the Japanese yen rallied to a fresh eighteen-month high on Tuesday as investors grew doubtful about global central banks' ability to boost growth through aggressive policy easing.
... * Q1 pretax profit $6.1 bln vs $4.3 bln avg expected by analysts. * Revenue from commercial banking unit rises 2 pct in Q1. * CEO Gulliver confident of hitting cost target by end-2017 (Adds details of results, share price).
Royal Philips NV is planning to list its historic lighting division after the Dutch manufacturer of medical scanners and shavers failed to find a buyer after searching for at least half a year.