Jeff Bezos now owns about 11 per cent of Amazon, the company he founded in 1994, and which recently exceeded a market capitalisation of $1 trillion.

Amazon founder Jeff Bezos has sold almost $3.5 billion (€3.2 billion) worth of shares in the company over the course of the past week. Beginning on J(...)

Axel Springer said decline in profits was partly due to consolidation effect.   Photograph: Krisztian Bocsi/Bloomberg

German media group Axel Springer reported lower sales and earnings in the first quarter, after a strong performance from its online classifieds busine(...)