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Amazon’s losses widen, shares drop

SAN FRANCISCO: Amazon.com Inc posted a much larger-than-expected loss in the second quarter as its rapid pace of investment in businesses such as digital content and consumer electronics offset a 23 percent jump in revenue.

Iran’s supreme leader calls for end to…

DUBAI:  Iran's supreme leader Ayatollah Ali Khamenei on Wednesday called for a referendum canvassing the Arabs and Jews that live in Israel in order to end the "Zionist state", but said until such a vote could be held, armed resistance was…