Advertisement
Canada markets open in 7 hours 22 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7304
    +0.0007 (+0.09%)
     
  • CRUDE OIL

    82.92
    +0.11 (+0.13%)
     
  • Bitcoin CAD

    87,933.73
    -3,337.31 (-3.66%)
     
  • CMC Crypto 200

    1,391.02
    +8.45 (+0.61%)
     
  • GOLD FUTURES

    2,331.80
    -6.60 (-0.28%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,422.50
    -242.00 (-1.37%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    37,683.84
    -776.24 (-2.02%)
     
  • CAD/EUR

    0.6816
    -0.0003 (-0.04%)
     

Amazon receives U.S. regulatory approval to start drone delivery trials

FILE PHOTO: Amazon logistics center in Lauwin-Planque

(Reuters) - Amazon.com Inc's drone service has received federal approval that will allow the company to begin testing commercial deliveries through its drone fleet, the e-commerce giant said on Monday.

Amazon Prime Air, the company's special service delivering packages in 30 minutes or less, has been approved by the U.S. Federal Aviation Administration (FAA) to test delivering orders using autonomous drones.

The company joins Alphabet Inc's unit Wing and United Parcel Service Inc to receive FAA approval for drone delivery, while other smaller companies are still seeking approval.

(Reporting by Nilanjana Basu and Neha Malara in Bengaluru; Editing by Sriraj Kalluvila)