China-Made Fireworks Power U.S. Independence Day Celebrations Amid Trade Truce 
Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone 
US-Iran Ceasefire Under Pressure as Fresh Strait of Hormuz Clashes Shake Oil Markets 
Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping 
Continental AG Shares Jump After Q1 Profit Beats Expectations 
Wall Street Futures Edge Higher as Iran Tensions and AI Optimism Shape Markets 
China Banks Halt New Loans to Sanctioned Refineries Amid U.S.-Iran Oil Crackdown 
Orsted Q1 EBITDA Beats Expectations Despite U.S. Impairments 
China EV Truck Boom Accelerates as Iran War Drives Diesel Prices Higher 
Trump-Xi Meeting 2026: U.S.-China Trade Tensions Escalate Ahead of Beijing Summit 
UOB Q1 Profit Meets Expectations as Loan Growth Offsets Lower Interest Rates 
Arm Stock Drops Despite Strong AI Chip Demand and Earnings Beat 
Lula and Trump Talks Signal New Phase in Brazil-US Relations 
European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment 
Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand 
JD Sports Backs Nike CEO Elliott Hill Amid Brand Turnaround Efforts 
European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears 
Amazon Inc. announces the launch of its air cargo service in India as its online sales increase. The e-commerce firm started its full-time air cargo service, which it officially named Amazon Air, on Monday, Jan. 23.
Amazon Air is said to be an expansion of the company’s delivery services in India, where it was launched in four major cities across the country. It was noted that even if Jeff Bezos’ company has been trying its best to cut costs, it has invested in opening its own air cargo. Then again, the exact amount of investment for this venture was not disclosed.
One of the goals for the introduction of Amazon Air is to bolster its delivery capabilities and output in the region considered one of the largest markets in the world. This will also speed up deliveries across the country, and faster transportation could be its advantage over its rivals, such as the Walmart-woned Flipkart.
The new air cargo service will be solely operated by Quickjet Cargo Airline Private Ltd., a third-party Indian cargo carrier, as per Reuters. Amazon’s cargo fleet is expected to transport various products across four of the biggest Indian cities.
The company will use two Boeing 737-800 aircraft, which will be flown by Quikjet. The packages are set to be shipped to Delhi, Hyderabad, Mumbai, and Bengaluru. For its ground deliveries in the region, Amazon has partnered with Blue Dart Express Ltd. and Deutsche Post DHL Group.
Amazon on Monday announced it’s bringing its air cargo operations to India, marking fresh growth for the company’s logistics arm even as it looks to cut costs in other divisions.
“We are thrilled to launch Amazon Air in India to ensure we can provide our growing customer base with great selection, low prices, and faster deliveries,” Amazon Global Air’s vice president, Sarah Rhoads, said in a statement. “This announcement reaffirms Amazon’s commitment to invest in India’s logistical infrastructure, create more jobs in the local economy, and introduce newer capabilities to power our delivery network.”
