The online shopping site "Amazon"'s net profit increased by 68% between April and June. This raised Amazon's total net profit to £194.5 million. The income from sales increased by 46% to provide a gross income of £456 billion.
Despite this raise in the companies gross and net profits the value of shares of Amazon has dropped by 6%.
An ex-paratrooper has been jailed for 10 months for selling stolen militar equipment on ebay. Allan peet stole £6500 of equipment including military boots, day sacks, hydration systems and rations. He stole the equipment from MoD stores at RAF St Athan in the Vale of Glamorgan and then sold it on to military enthusiasts via ebay. He was caught because the equipment is not legally open for the public to buy. Therefore when it appeared on ebay the police were able to track the IP address of the computer. He also has to pay a £1000 fine and do 250 hours of community service
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