As Brexit looms, Amazon is starting the process of separating UK and EU sales from 14 November and UK shoppers buying gifts from EU sites and British traders selling to Europe face potential increased costs and confusion.
The international e-commerce giant Amazon has hastened its Brexit bail-out by confirming that traders will no longer be able to remove stock across the EU and UK border from 14 November.
Amazon has just announced record sales figures for its third quarter, with profits tripling. Its net sales increased by 37% to $96.1bn (£74.4bn) in the third quarter but its shipping costs rose by $1.4 billion and are now $5 billion higher than the same period a year earlier.
To keep rising costs in check, it is taking early action to limit the impact of Brexit on its operations by ending ‘inventory removal orders’ from its Fulfilment Centres for stock that is being
GM is recalling almost 70,000 Chevrolet Bolt EVs following reports of five of them catching fire.
The AP’s Tom Krisher reported:
General Motors is recalling nearly 69,000 Chevrolet Bolt electric cars worldwide because the batteries have caught fire in five of them.
The company said Friday that it doesn’t know yet what’s causing the fires, but engineers are working to figure it out. Two people have suffered smoke inhalation due to the fires and a house was set ablaze.
U.S. safety regulators said the cars should be parked outdoors until the recall repairs have been made.