-
Stocks climb as oil prices retreat
-
'Gen Z has risen up': Tens of thousands demand better education in France
-
Vstock Transfer Names Securities Industry Veteran Erica Goodstein General Counsel and Chief Compliance Officer
-
$10 Million and Counting: Hola Prime Hits Major Trader Payout Milestone
-
Four Indonesian seamen return home after Somali pirate ordeal
-
UEFA investigate Ireland-Israel tunnel bustup after spitting claim
-
Crisis-striken Haiti postpones elections
-
Djokovic wins China Open and keeps unbeaten record after de Minaur retires
-
Germany arrests ex-spy chief on suspicion of giving secrets to foreign powers
-
Amsterdam's Rijksmuseum hosts 'homecoming' show for Willem de Kooning
-
Djokovic wins China Open after de Minaur retires
-
World Bank forecasts modest growth for Latin America, highlights climate risks
-
IMF warns cost-of-living shocks cause 'lasting deterioration' in affordability
-
'Afraid for my future': Tens of thousands demand better education in France
-
Alcaraz wins Japan Open for first title since injury return
-
Pakistan PM urges Imran Khan supporters to end protest march
-
'We're working to keep football clean', Turkish minister says
-
Alex Bodi își continuă expansiunea: planuri pentru deschiderea unui showroom ALIX LASERS la București
-
FIFA chief Infantino hit by Norwegian double complaint
-
STARTRADER Adds 20 Stock and ETF CFDs to Its 24/7 Trading Range
-
Exiled Catalan separatist leader Puigdemont cleared to return to Spain
-
Bulgaria searches for missing crew after drones hit more Black Sea ships
-
Stock markets climb as oil prices retreat
-
Alcaraz wins Japan Open for first title since return from injury
-
'No future': Thousands mass in France for high school protests
-
India, Qatar, S.Africa among nations who want to host 2036 Olympics
-
Nobel physics prize honours work on 'ghostly messengers' from outer space
-
Muchova squeaks out win over Osaka to reach China Open quarter-finals
-
Bulgaria searches for missing crew after drones hit two more ships in Black Sea
-
Kenya reports first-ever Ebola death
-
Le Pen vows drastic cost savings to prevent French 'default'
-
Tennis world No.1 Sinner's season over due to knee injury
-
'Eats through a straw': French teens wounded in high school protests
-
Yemen's Houthis claim attack on Riyadh airport, deny losing territory
-
Thousands mass in France for high school protests
-
7-Eleven exits India amid mounting competition
-
Moscow denies sanitary measures over plague reports
-
The alleged murder by US marine on Okinawa: five things to know
-
Samoa look to recreate 2022 final run at Rugby League World Cup
-
End of an era as Messi prepares to hang up Argentina boots
-
Asian stocks mostly up after tech-led Wall St record
-
Superstar duo headline strong New Zealand squad for Rugby League World Cup
-
German factory orders plunge as recovery still fragile
-
South Korea warns of possible AI use in banking hacks
-
Coco Gauff calls out online racism following China open video review
-
EU vows AI rules will protect Europeans. Will they?
-
KVB Accelerates Middle East Footprint with Strategic MENA Regional Expansion
-
Myanmar leader to visit Malaysia after migrant returns begin
-
Purple reign: Philippines seeks to keep grip on ube throne
-
Germany's AfD poised to preside over state assembly for first time
Amazon hikes Prime subscription in five European countries
Amazon Prime customers in five European countries learned Tuesday that they face double-digit price increases for the platform's expedited delivery service.
Amazon said the rises were due to increased operating costs as fuel prices have jumped higher.
Beginning in mid-September, customers in France will have to pay 43 percent more for an annual subscription. Italians face a 38.6-percent hike, Spaniards 30.3 percent, and Britons and Germans 20 percent.
The rises take the price of Prime, which in addition to rapid delivery includes access to its Prime Video service, to 49.90 euros in Italy and Spain. It will be 89.90 euros in France and Germany, and 95 pounds (around 112 euros) in Britain.
That leaves the service less costly than in the United States, where it rose by 17 percent in February to $139 per year (137 euros).
While the price hikes are much higher than inflation, analysts believe that the service costs Amazon much more than it charges and is used to lure and keep customers.
Market intelligence firm Foxintelligence estimated last year that European members of Prime bought on average twice as much on Amazon than non-members.
A handful of angry customers announced their intention to cancel the service on Twitter.
However, Amazon representatives in France were unfazed.
"What we could see in the United States was there wasn't an opt-out surge because more and more services are offered via Prime and it still allows consumers to realise very considerable savings," said the firm.
P.Anderson--BTB