Amazon sales soar

Online giant Amazon.com posted a 26 per cent rise in second quarter net sales to US$1.39 billion (£755.2 million). Net income was US$76 million (£41.3 million) compared with a net loss of US$43 million (£23.4 million). International sales, which include the UK contribution, rose 50 per cent to US$595 million (£323.3 million).