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Amazon stock dives as profit doubles but misses forecasts

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Amazon shares tumbled more than 12 per cent in after hours trading as the company missed profit expectations, despite reporting income had more than doubled year-on-year in the final quarter of 2015 to $482m (£336m) from $214m, or $1.00 per share from $0.45. However, this was significantly wide of analysts' expectations of $1.56 per share.

EU could force Google to pay more UK tax

Tax

Google could be forced to pay more UK tax by the EU after officials confirmed they will look into complaints from the SNP and Labour that the tech giant’s £130m settlement amounted to special treatment.

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