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France 24

Amazon and Apple post downbeat results as inflation, supply issues bite

Apple International Monetary Fund China Covid-19 Ukraine

BUSINESS DAILY © FRANCE 24

Amazon records its first quarterly loss since 2015 as online sales drop, while Apple warns of an $8 billion hit from the war in Ukraine and Covid-19 lockdowns in China. Also, French growth hits zero as consumer spending falls, and the IMF warns of dangers for the economies of sub-Saharan Africa.

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