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Amazon cut its order minimum for free shipping to $25 from $35 indefinitely in May 2017. Monday’s news will add to pressure on Walmart and Target Corp (TGT.N), which in recent years have chipped away at Amazon’s lead with their own offers of free two-day shipping. While Walmart has maintained its $35 order threshold this holiday, Target has scrapped its minimum until Dec. 22. Shares of Walmart and Target rose about 1 percent each on Monday. “They’re forcing Amazon to react,” Wedbush Securities analyst Michael Pachter said. “That’s what today’s price action tells you.” cufflinks shop near me uk sale.
Just over half of all U.S. households have a Prime subscription, analysts estimate. Prime remains the cornerstone of Amazon’s business because shoppers buy more from the retailer once they pay $119 for the year-long membership. Perks include same-day shipping and video streaming. Amazon is now courting those outside the club, hoping its brand and wider selection will set it apart. Free shipping can apply to hundreds of millions of items on Amazon, versus hundreds of thousands on Target. Target, however, promises to deliver the items more quickly cufflinks shop near me uk sale.
DUBAI (Reuters) – Iran said on Monday it has taken necessary banking measures to continue trade with its partners after the United States reimposed sanctions on Tehran’s energy and financial sectors, Iranian state TV quoted the head of the country’s Central Bank Abdolnassr Hemmati as saying cufflinks shop near me uk sale. “We have been in talks with our trade partners and all the necessary actions have been taken for Iran’s interactions to continue,” Hemmati said. “We were expecting these sanctions, so we had plans in place for them and beyond.. considering the possibility of banks being disconnected from SWIFT we have considered alternatives to replace it.”..
DUBAI (Reuters) – Sanctions have already cost Iran billions of dollars in oil revenue since May when U.S. President Donald Trump pulled out of the nuclear deal, U.S cufflinks shop near me uk sale. Special Representative for Iran Brian Hook told reporters on a call on Monday. “Our oil sanctions have taken off 1 million barrels of Iranian oil off the market, and that alone has reduced the regime’s revenues by more than $2 billion,” he said. He did not explain the figures further. At present prices, a reduction of 1 million barrels per day in Iranian exports would reduce its revenue by around $2 billion per month..
The United States imposed strict sanctions on Iran’s vital energy sector on Monday, which were lifted under Iran’s 2015 nuclear deal with major powers. Washington granted waivers to 8 countries. The measures are part of a wider effort by U.S. President Donald Trump to curb Tehran’s missile and nuclear programs and diminish the Islamic Republic’s influence in the Middle East. U.S cufflinks shop near me uk sale. allies in Europe, which backed the 2015 agreement under which Iran agreed to curb its nuclear program in return for the lifting of sanctions, oppose Trump’s move..