
Update: Amazon will hire 75,000 more workers
The tech giant has said it has seen record demand
Amazon's share price surged after the company announced it would take on another 75,000 workers amidst increased demand, after already hiring some 100,000. Professor Scott Galloway at the New York University Stern School of Business discusses how we should interpret the move, both for Amazon's position in the economy during and after the coronavirus crisis. Meanwhile, the world's oil producers under OPEC and allies have agreed a record oil deal that will slash global output by about 10% after a slump in demand caused by coronavirus lockdown. Paul Hickin, Associate Director at Platts, explains what this means for the future of oil prices. And we'll get the view on the US markets with Peter Jankovskis of Oakbrook Investments.
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World Business Report
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