Amazon News Live Updates: Amazon’s CEO of Worldwide Consumer to step down after 23 years – Economic Times

Read Time:21 Minute, 2 Second Inc said on Friday the chief executive officer of its worldwide consumer business, David Clark, was leaving the company after 23 years of service to pursue other opportunities.
Amazon CEO Andy Jassy said he expects to be ready with an update on Clark’s succession over the next few weeks. Clark’s last day in office would be July 1.
Clark, who joined Amazon in 1999 right after graduating from his MBA program, has led teams that designed fulfillment centers and transportation networks.
He became the CEO of Worldwide Consumer, a unit that handles Amazon’s global websites, in January last year when the company’s e-commerce sales surged during the pandemic.
Clark’s departure is the second high-profile exit this week after Meta Platforms Inc’s operations chief, Sheryl Sandberg, announced that she was leaving the company after 14 years.

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Ukraine has retaken about 20% of territory lost in Sievierodonetsk

Ukrainian forces have recaptured around 20% of the territory they lost in the city of Sievierodonetsk during fighting with Russia, the head of the eastern region of Luhansk said on Friday. “Whereas before the situation was difficult, the percentage (held by Russia) was somewhere around 70%, now we have already pushed them back by approximately 20%,” Serhiy Gaidai told national television.

Biden confirms ‘possibility’ of Saudi Arabia trip

US President Joe Biden confirmed Friday he was considering a trip to Saudi Arabia, which would be a stark reversal after he called for the kingdom to be made a pariah state. The New York Times and other US media, quoting anonymous sources, have reported that Biden would go ahead with the long-rumored Saudi stop during an upcoming overseas tour.

Harley-Davidson restarting motorcycle production

Harley-Davidson Inc will resume its motorcycle production on June 6 after a previously announced two-week halt, the Wall Street Journal reported on Friday citing a company spokesperson. The report adds the suspension would have lasted 19 days, longer than the original projection of two weeks during which assembly and shipments would have been shut down.

Marriott to suspend all of its operations in Russia

Marriott International says it’s going to suspend all of its operations in Russia amid the ongoing invasion of Ukraine. The Bethesda, Maryland-based hotel operator, which has operated in Russia for 25 years, said Friday that it has decided that newly announced U.S., U.K. and EU restrictions will make it impossible for the company to continue to run or franchise hotels in the Russian market.

Nadal back in French Open final after injured Zverev stops

Rafael Nadal was locked in a tight, compelling and lengthy French Open semifinal Friday when his opponent, third-seeded Alexander Zverev, ran to his right to chase a shot and twisted his right ankle. Zverev crumpled to the ground, wailing in agony and clutching at his lower leg.
His black outfit, arms and legs caked with rust-colored clay, Zverev was helped up by a trainer, then taken away from the court in a wheelchair. Minutes later, Zverev came back out onto Court Philippe Chatrier on crutches, his right shoe removed, and conceded the match, unable to continue.

Union Cabinet likely to approve new military recruitment scheme soon

The new Agnipath recruitment scheme for the induction of soldiers in three defence services is likely to be approved by Union Cabinet soon. A high-level meet including top government functionaries and top military leaders is scheduled to be held on Saturday to discuss the final contours of the Agnipath recruitment scheme under which soldiers in three services would be recruited for four-year tenures, government sources told ANI.

‘Poor’ air quality days increase in Delhi in 2022

Delhi, between January 1 till May 31, reported the highest number of ‘poor’ air quality days since 2018 while ‘very poor’ days were the least for the same duration, data from Central Pollution Control Board (CPCB) showed. The CPCB calculates the Air Quality Index (AQI) based on multiple inputs, including the PM2.5 and PM10 pollutants. An AQI between zero and 50 is considered ‘good’, 51 and 100 ‘satisfactory’, 101 and 200 ‘moderate’, 201 and 300 ‘poor’, 301 and 400 ‘very poor’. AQI over 401 is considered ‘severe’.

Amazon’s CEO of Worldwide Consumer to step down after 23 years Inc said on Friday the chief executive officer of its worldwide consumer business, David Clark, was leaving the company after 23 years of service to pursue other opportunities. Amazon CEO Andy Jassy said he expects to be ready with an update on Clark’s succession over the next few weeks. Clark’s last day in office would be July 1.

DGCA issues guidelines against using unfair means in examination

The Directorate General of Civil Aviation (DGCA) issued a public notice on Thursday after it has received numerous dubious applications for seeking candidature to appear in the examination conducted for various posts in the Aviation sector. The public notice read that it has been observed that a number of applications are being submitted to the Central Examination Organization of the DGCA, with fabricated/false documents, for obtaining Computer Number and also for seeking candidature to appear in the various examination conducted by the DGCA for issuance of various licenses, ratings and certificates etc.

Musk deal for Twitter dodges lengthy U.S. antitrust review

Twitter Inc said on Friday that the U.S. antitrust waiting period for Elon Musk’s $44 billion acquisition of the social media giant had expired, indicating it had dodged a lengthy review of the proposed deal. With the expiration, completion of the deal is now subject to remaining customary closing conditions, including approval by Twitter stockholders and any other regulatory approvals, Twitter said.

Why should we be afraid of the AAP? They contested 403 seats in Uttar Pradesh and lost deposits on all seats. They could not open their account in four states … we will not allow them to open their account in Himachal as well,

– I & B Minister Anurag Thakur

Goa logs 50 new COVID-19 cases; active tally at 217

Goa on Friday recorded 50 new coronavirus cases that raised the tally of infections to 2,45,946, an official from the state health department said. The coastal state has witnessed a rise in infections over the last two days after recording cases in single digit in the entire month of May.

Wrestling: Sakshi grabs first international gold in almost 5 years

Sakshi Malik’s struggles were nowhere to be seen as a fearless and aggressive Rio Olympics bronze medallist grabbed her first international gold medal in almost five years at the UWW Ranking Series event here on Friday. India’s Mansi and Divya Kakran too earned top of the podium finishes. But the day belonged to Sakshi, who has been struggling till the recent CWG trials.

Myanmar court says Suu Kyi election fraud trial can continue

A court in Myanmar ruled Friday that state prosecutors have submitted enough evidence for the trial of deposed leader Aung San Suu Kyi on an election fraud charge to continue, a legal official familiar with the case said. The army seized power from Suu Kyi’s elected government in February last year, saying there was widespread fraud in the 2020 general election. Its allegation was not corroborated by independent election observers. Suu Kyi’s National League for Democracy party won the election by a landslide, while the military-backed Union Solidarity and Development Party suffered huge losses.

Hyderabad: IT Min KTR on rape case

Kejriwal to meet Delhi L-G every Friday

Delhi Chief Minister Arvind Kejriwal said he will meet Lieutenant Governor Vinai Kumar Saxena every Friday for better coordination and to effectively address issues concerning the national capital. He made the remarks after meeting the Lieutenant Governor Friday evening.
The meeting comes in the backdrop of AAP MLAs accusing the newly-appointed L-G of impinging on work areas falling under the purview of the Delhi government.

Spain’s monkeypox case tally rises to 186, Health Ministry says

Bill to limit cryptomining passes New York Legislature

A milestone measure that would tap the brakes on the spread of cryptocurrency mining operations burning fossil fuels in New York has passed the state Legislature. The bill approved early on Friday by the state Senate would establish a two-year moratorium on new and renewed air permits for fossil fuel power plants used for energy-intensive “proof-of-work” cryptomining.

NTPC, Vedanta among 16 companies issued show cause notices for delays in mines operationalisation

The government on Friday said it has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco, for delays in operationalisation of coal blocks. Show cause notices are issued from time to time to companies which do not adhere to the timelines prescribed in their agreements for timely operationalisation of coal blocks or for non-achievement of targeted coal production.

Centre approves 8.1% rate of interest on employee provident fund deposits for 2021-22

India defends oil imports from Russia, export ban on wheat

India has said Europe must not see crude oil imports from Russia from a political lens. Speaking at Globsec 2022 Bratislava forum, External Affairs Minister S Jaishankar said, “We don’t send people to buy Russian oil, we send people to buy oil in the market, buy the best oil.” Jaishankar also highlighted Europe’s continued purchase of gas from Russia.”Buying Russian gas is not funding the war, why it’s only Indian money and fund coming from India and not gas coming to Europe which funds war, let’s be even-handed out here,” he said in response to a question.

Japan recorded record low births, biggest ever population drop in 2021

Ukraine’s eastern Donetsk region calls for more weapons

Ukraine’s embattled eastern region of Donetsk will not fall quickly to Russia’s assault, but it needs the world to supply more weapons to keep the offensive at bay, its governor told Reuters on Friday. Russian troops are poised just 15 km (nine miles) north of Sloviansk, the second biggest Ukrainian-controlled city in Donetsk region, said Governor Pavlo Kyrylenko. Seizing the regions of Donetsk and neighbouring Luhansk is a key Russian military objective.

Sri Lankan President Rajapaksa instructs officials to stockpile essentials

Sri Lankan President Gotabaya Rajapaksa has instructed officials to stockpile adequate essentials and warned against organised efforts of traders from creating an artificial scarcity amidst an impending food shortage facing the island nation in the next three months, media reports said on Friday. Sri Lanka is going through the worst economic crisis since independence in 1948.

India slams US report on religious freedom

US Secretary of State Antony Blinken claimed on Thursday that there are rising attacks on people at places of worship in India.
“We have noted the release of the US State Department 2021 Report on International Religious Freedom, and ill-informed comments by senior US officials,” External Ministry Spokesperson Arindam Bagchi said.
“It is unfortunate that vote bank politics is being practised in international relations. We would urge that assessments based on motivated inputs and biased views be avoided,” he added.
Underlining that India values religious freedom and human rights, Bagchi said India has regularly highlighted issues of concern in the US, including racially and ethnically motivated attacks.

Punjab BJP leader moves SC for CBI probe into Moosewala’s killing’

A Punjab BJP leader Friday moved the Supreme Court for a CBI investigation into the killing of singer Sidhu Moosewala, citing suspected involvement of interstate and international gangsters in the crime. The plea filed by Jagjit Singh contended the state administration had not only “miserably failed” in preventing the crime but also the gang wars that have created “a storm of fear and terror” in Punjab. “The way the cold-blooded killing was done in broad daylight is indicative of the fact that the state machinery in the state of Punjab has miserably failed in its duty not only to prevent the crime but also to effectively curb the menace of gang wars.

Visa scam: Delhi court denies anticipatory bail to Karti Chidambaram in money laundering case.

Russia’s supply ship launched to International Space Station

A Russian cargo spacecraft was launched Friday to deliver nearly three tons of supplies to the crew of the International Space Station. A Soyuz rocket carrying the unmanned Progress MS-20 ship blasted off as scheduled from the Russia-leased Baikonur Cosmodrome in Kazakhstan. The spacecraft reached preliminary orbit and deployed its solar arrays and navigational antennas in route to the space outpost.

Congress candidates Rajeev Shukla and Ranjeet Ranjan elected unopposed to Rajya Sabha from Chhattisgarh: Officials.

Zelensky says ‘victory will be ours’ on day 100 of Russian invasion. Kremlin says ‘certain results achieved’ by day 100 in Ukraine.

As no one withdrew nomination on last day of withdrawal for RS poll Punjab-2022, Returning Officer Surinder Pal declared elected AAP candidates Balbir Singh Seechewal & Vikramjit Singh Sahney as Rajya Sabha members & handed over ‘Certificates of Election’: Info & PR Dept, Punjab

Chinese banks agree to refinance cash-strapped Pakistan with USD 2.3 billion funding: Report

Chinese banks have agreed to refinance Pakistan with USD 2.3 billion worth of funds in a massive relief for the cash-starved country to help it bolster its depleting foreign exchange reserves, the finance minister has said. Miftah Ismail said on Thursday that the terms and conditions for refinancing have been agreed and the inflow is expected “shortly” after some routine approvals from both sides.

Russia may be in Ukraine to stay after 100 days of war

When Vladimir Putin sent troops into Ukraine in late February, the Russian president vowed his forces would not occupy the neighbouring country. But as the invasion reached its 100th day Friday, Russia seemed increasingly unlikely to relinquish the territory it has taken in the war. The ruble, now an official currency in the southern Kherson region, is set to replace the Ukrainian hryvnia. Residents there and in Russia-controlled parts of the Zaporizhzhia region are getting offered Russian passports. The Kremlin-installed administrations in both regions have talked about plans to become part of Russia.

Kanpur: PM Modi, President, UP CM at Public Function in Paraunkh Village

President Ram Nath Kovind and Prime Minister Narendra Modi attend a public function at Paraunkh village, Kanpur Dehat. Governor Anandiben Patel and Chief Minister Yogi Adityanath are also present at the event.

Sri Lanka PM holds discussions with FAO, UNDP representatives

Sri Lanka Prime Minister Ranil Wickremesinghe held discussions on Friday with the Country Representative of the Food and Agriculture Organisation, Vimlendra Sharan, and United Nations Development Program Deputy Country Representative, Malin Herwig, regarding the current food situation in the country, according to Prime Minister’s Media Division. In the meeting, Sri Lanka Prime Minister explained that in the view of the food shortage, a food security programme was being compiled by the agriculture department officials. This program is due to be unveiled next month, with the UNDP expressing their support for the initiative.

PM Inaugurates Inaugurates 1,406 Projects in Agriculture, IT, Electronics and MSME

Prime Minister Narendra Modi inaugurated the groundbreaking ceremony of the third Uttar Pradesh Investors Summit and laid the foundation stone of 1,406 projects worth over Rs 8,000 crore. The projects were in diverse fields, including agriculture, IT and Electronics, MSME, manufacturing, renewable energy, pharma, tourism, defence and aerospace, handloom and textile.

Eight new COVID-19 cases in Odisha

Odisha recorded eight new coronavirus cases on Friday, three less than the previous day, with the tally rising to 12,88,473, a health department bulletin said. The death toll remained at 9,126 as no new fatality due to the infection was reported in the last 24 hours, it said. Fifty-three other coronavirus patients have died due to comorbidities so far, the bulletin said.

Data puts Turkey’s annual inflation at 73.5 per cent, a 24-year high

Annual inflation in Turkey hit 73.5 per cent in May, the highest rate since 1998, according to official data released on Friday as a cost-of-living crisis in the country deepens. The Turkish Statistical Institute said the rate represented an increase of almost 70 per cent from the month before. Consumer prices were up nearly three per cent from April, the institute reported. While many countries are seeing rising consumer prices, critics blame Turkey’s problems on President Recep Tayyip Erdogan’s economic policies.

Royal family to attend service without Queen Elizabeth II

Members of Britain’s royal family plan to attend a Friday church service honouring Queen Elizabeth II’s 70 years on the throne, although the queen herself is skipping the event at St. Paul’s Cathedral in London due to difficulty getting around at age 96. The service of thanksgiving is taking place on the second of four days of festivities celebrating the queen’s Platinum Jubilee. On Thursday, thousands of royal supporters cheered wildly as the queen joined other senior royals on the balcony of Buckingham Palace to watch 70 British military aircraft fly past. The queen decided not to attend Friday’s church service after experiencing “some discomfort” during Thursday’s events. Prince Charles will stand in for her.

Security concerns leave Afghan evacuees stuck in Balkan camp

For some Afghans who were evacuated as their country fell to the Taliban last summer, the journey to the US has stalled, and perhaps ended, at a sun-baked cluster of tents and temporary housing on an American base in the Balkans. While more than 78,000 Afghans have arrived in the US for resettlement since August, the future for those who have been flagged for additional security vetting and diverted to Camp Bondsteel, in the small nation of Kosovo, remains up in the air. The US won’t force the dozens there to return to Afghanistan, where they could face reprisals.

Ukraine’s envoy says Turkey among those buying grain stolen by Russia

  • Kyiv’s ambassador to Ankara said on Friday Turkey is among the countries that is buying grain that Russia stole from Ukraine.
  • Ambassador Vasyl Bodnar also told reporters he has sought help from Turkish authorities and Interpol investigating who is involved in the shipments of grains transiting Turkish waters.

Fire engulfs Moscow business center, people feared trapped

A massive fire engulfed a business center in western Moscow and officials said Friday that several people could be trapped. Russian emergency officials engaged 180 firefighters, dozens of vehicles and three helicopters to combat the fire. They said 125 people were rescued from the building, and rescue crews searched for anyone who might still be inside. Russia’s newly appointed emergencies minister, Alexander Kurenkov, went to the site to oversee the firefighting efforts. Authorities didn’t name a possible cause of the fire. Russian news reports pointed to a short circuit as likely sparking the blaze.

PM Modi inaugurates groundbreaking ceremony of 3rd UP Investors Summit

Prime Minister Narendra Modi on Friday inaugurated the groundbreaking ceremony of the third Uttar Pradesh Investors Summit and laid the foundation stone of 1,406 projects worth over Rs 8,000 crore. The projects were in diverse fields, including agriculture, IT and Electronics, MSME, manufacturing, renewable energy, pharma, tourism, defence and aerospace, handloom and textile. Gautam Adani, Kumar Mangalam Birla and other leading industrialists are attending the mega summit organised by the Uttar Pradesh government.

UP Investors Summit: PM Modi lays foundation stone of projects worth Rs 8,000 cr in diverse fields, including agriculture, IT and defence.

Today agreements of investment of more than Rs 80,000 Cr have been done here. This record investment will create thousands of employment opportunities. I congratulate the youth of UP for it as they will be most benefitted from it: PM Modi at UP Investors Summit in Lucknow

Congress retains Thrikkakara seat with historic margin; setback for LDF

The ruling CPI(M)-led LDF in Kerala suffered a massive political setback with the opposition Congress-UDF retaining the Thrikkakara Assembly constituency here in the much-awaited bypoll as its nominee Uma Thomas won by a historic margin of over 25,000 votes against the Left candidate Jo Joseph. While the CPI(M), which had conducted an unprecedented grassroot level campaigning under Chief Minister Pinarayi Vijayan in the constituency, termed the defeat as “unexpected” and a “shock”, the jubilant Congress said their resounding victory was a slap on the face of the second Vijayan government on its first anniversary.

Prime Minister Narendra Modi inaugurates groundbreaking ceremony of third Uttar Pradesh Investors Summit.

Allianz to sell majority stake in Russian operations to Interholding

The insurer Allianz said on Friday that it would sell a majority stake in its Russian operations to Interholding. Interholding is the owner of Russian insurer Zetta Insurance, said Allianz. Allianz will retain a 49.9% stake.

IL&FS gets NCLAT approval for making Rs 16,000cr interim payout to creditors.

Delhi Police says Lawrence Bishnoi has not confessed to the murder of singer Sidhu Moose Wala. Bishnoi said during interrogation that Moose Wala was murdered for revenge and he had no hand in his murder. Teams of Delhi Police Special Cell are visiting Muzaffarnagar and Nepal. It’s suspected that a number of sharp-shooters have fled to Nepal after the murder of singer Sidhu Moose Wala. Gangster Lawrence Bishnoi has denied involvement in the singer’s murder: Sources

Norway Chess tournament: Viswanathan Anand beats China’s Wang Hao in the third round to remain on top of the standings. This is his third straight win in the Classical section.

Envoy says US, allies preparing for N Korean nuclear test

President Joe Biden’s special envoy for North Korea said Friday the United States is “preparing for all contingencies” in close coordination with its South Korean and Japanese allies as it monitors North Korean arrangements for a possible nuclear test explosion that outside officials say could be imminent. South Korean and U.S. intelligence officials have said they detected North Korean efforts to prepare its northeastern testing ground for another nuclear test, which would be its seventh since 2006 and the first since September 2017, when it claimed to have detonated a thermonuclear bomb to fit on its intercontinental ballistic missiles.

Services activity expands at strongest rate in over 11 years in May amid mounting price pressures

India’s services sector activities improved further and expanded at strongest rate in over 11 years in May, supported by a substantial pick-up in new business growth, even as input cost inflation climbed to a record high, a monthly survey said on Friday. The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 58.9 in May, up from 57.9 in April, amid better underlying demand and strong inflows of new work.

Congress general secretary Priyanka Gandhi tweet confirms she tested positive for Covid 19

Sri Lanka targets USD 5 billion this year for repayments, says PM

Sri Lanka’s newly appointed Prime Minister Ranil Wickremesinghe, during a meeting with representatives from the Joint Chambers on Thursday, explained that the Government was targeting USD 5 billion for repayments and USD 1 billion to bolster the country’s reserves. During the meeting, Wickremesinghe elaborated that discussions with the International Monetary Fund are proceeding and was hopeful that the negotiations would end this month. He further explained that the debt restructuring has already begun, following the appointment of financial and legal advisors.

SC dismisses plea alleging construction work by Odisha govt at Shree Jagannath temple in Puri

Supreme Court dismisses plea alleging illegal excavation and construction work by Odisha government at Shree Jagannath temple in Puri. Plea to stop construction at Shree Jagannath temple in Puri, said the Supreme Court deprecates practice of filing frivolous PILs, says it is abuse of law. Supreme Court dismisses pleas challenging the order of the Orissa High Court refusing to restrain the state government from carrying out excavation work around Shree Jagannath temple in Puri

Uttarakhand CM Pushkar Singh Dhami wins Champawat bypolls by over 55,000 votes, retains CM post

Rahul Gandhi summoned by ED on June 13 in National Herald case

Congress leader Rahul Gandhi has been summoned by Enforcement Directorate on June 13 in National Herald case after he sought new date according to official sources. The case to probe alleged financial irregularities in the party-promoted Young Indian that owns the National Herald newspaper was registered recently. The agency, officials said, wants to record the statements of Sonia and Rahul Gandhi under criminal sections of the Prevention of Money Laundering Act (PMLA). The National Herald is published by Associated Journals Limited (AJL) and owned by Young Indian Pvt Limited. The agency recently questioned senior Congress leaders Mallikarjun Kharge and Pawan Bansal as part of the investigation.

Mayawati urges Centre to take ‘strict action’ over recent killings in Kashmir

Amid recent targetted killings in Jammu and Kashmir, Bahujan Samaj Party (BSP) supremo Mayawati on Friday urged the central government to take strict action against the incidents and people behind such attacks. The BSP chief noted that the recent attacks have created an atmosphere of panic in the region and called it “worrisome”.

India (May) S&P global India PMI services actual: 58.9 vs 57.9 previous

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