Let s get started. A potential fall out between amazon and g7 finance ministers, which could leave the tech giant with a huge tax bill. According to the financial times, finance ministers plan to treat amazon s cloud computing division as a separate entity to ensure the firm falls into the 10% profit margin threshold. Amazon didn t start making big profits until 2017, and has been consistently below the 10% margin threshold set by the g7. However, revenues at its cloud business grew by 30% last year to m5 billion, which is much higher than all of amazon s other divisions. In the last hour new quarantine restrictions have come into force for passengers returning to england from portugal. Joining me now is swetha ramachandran who s an investment manager at gam investments. Good morning to you. Just explain how the g7 is trying to get its clutches on taxes from amazon. ,. ,. , amazon. The historic proposal that the g7 amazon. The historic proposal that the g7 came amazon. The historic
For now, these trips are only for the super wealthy, but experts say prices should drop. For the young people today particularly, it will become a reality that they could save up some money and choose to go to space, not every day, but it could be something that you could choose to spend a chunk of your savings on, and experience a few minutes of weightlessness. Landing gear deployed. The new shepard flight is due to take place injuly. The capsule carrying jeff bezos and his brother will descend back to earth with parachutes, marking the start of a new era in space tourism. Rebecca morelle, bbc news. That s it. Now on bbc one, time for the news where you are. Have a very good night. Hello and welcome to our look ahead to what the papers will be bringing us tomorrow. With me are harriet line, chief political correspondent at the daily mail, and george eaton, senior 0nline editor at the new statesman. Let s go through the front pages. The daily mail leads on the news that the murderer co
Hello and welcome to our look ahead to what the papers will be bringing us tomorrow. With me are harriet line, chief political correspondent at the daily mail, and george eaton, senior online editor at the new statesman. Welcome to both of you. Thanks so much forjoining us. The daily mail leads on the news that the murderer colin pitchfork has been cleared for release from prison, with a plea from his victims relatives to keep him locked up. The metro features an official report by mps that warns the future of the nhs is at risk, and that chronic understaffing means it is being held together by the goodwill of burnt out workers. The financial times reports that finance ministers are plotting a raid on amazon s lucrative cloud computing business to ensure it pays more corporate tax under a new g7 agreement on a global rate. The i writes that vaccines are winning the variant battle, with only 2% of people admitted to hospital having had two doses of a vaccine. The guardian reports that
the tech giants in the us are dominating the business agenda today. jeff bezos is stepping down as amazon s chief executive. the online retail giant s founder will move to become the compa ny s executive chairman. he will be replaced as ceo by andy jassy, the current boss of amazon s cloud computing business. and this comes as the firm reported $386 billion in sales in 2020, that s up 38% on the year before. their profits almost doubled, rising to $21.3 billion. so what s been the reaction to the news bezos is stepping to the side, and what do we know about the new boss? duncan howe is e commerce strategist at cheil uk, which is a digital marketing and advertising agency. duncan, welcome to the programme. executive chair man still means he will have a lot of control and very much involved in and is on, but it is the day to day responsibility. what do you think about this move? i responsibility. what do you think about this move? i think it is a bit of think about this move?
off the air ryanair s told to remove its irresponsible jab and go adverts, depicting misleading claims about coronavirus vaccinations. i invite members to nowjoin me for a minute s silence to commemorate sir tom s life, and to pay our respects to those who have lost their lives as a result of the covid, and their families and friends. remembering captain sir tom moore a minute s silence is observed in the house of commons. and the nation is urged to clap for him at 6pm tonight. and coming up on bbc news, manchester united have made a dent in their rivals goal difference at the top of the table after scoring nine against southampton. manchester city are top, just they play burnley later. good afternoon and welcome to the bbc news at one. the health secretary, matt hancock, says research suggesting the oxford astrazeneca vaccine may reduce the spread of coronavirus is superb and will help us all to get out of the pandemic. a study, which has yet to be peer reviewed, ha