Walmart Diversifies Supply Chain by Sourcing More Goods from India
As part of its efforts to reduce costs and diversify its supply chain, Walmart is importing more items into the United States from India and decreasing its reliance on China, according to data seen by Reuters.
Nov 29, 2023 10:10 AM EST
Australia Imposes Ban on Vapes to Safeguard Public Health: How Will It Affect Businesses?
Australia will prohibit the importation of disposable vaporizers in January, with the aim of reducing childhood nicotine addiction.
Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally
Shein has quietly registered to go public in the United States as the Chinese-founded fast-fashion giant seeks to broaden its appeal internationally with a much-discussed IPO.
Lawmakers Sound Alarm over BoE's Role in Government Policy and Call for Urgent Reforms
A damning analysis by senior U.K. officials claims that the Bank of England's present mandate puts it at danger of being entangled with larger government policy goals and compromises its ability to concentrate on bringing down inflation.
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Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings
Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger.
Feb 22, 2017 12:11 AM EST
Lenovo Third Quarter Profits Plummet
Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.
Feb 19, 2017 09:11 PM EST
Retail Spending in UK Rises Slightly in January
UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016.
Feb 19, 2017 08:12 PM EST
CBS Corp Posts 45.6 Percent Drop In Quarterly Profit
Mass media company, CBS Corporation, posts quarterly profit decrease.
Feb 15, 2017 09:11 PM EST
Toshiba chair quits hours after conglomerate reveals $3.4 billion loss
Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.
Feb 15, 2017 01:08 AM EST
Energy giants plan to help 10 million people with new loyalty program
Npower and EDF Energy told MPs they were considering reward programs to help customers who stay with them, it could even include a free boiler service.
Feb 05, 2017 07:16 PM EST
Apple Ends Losing Streak, Posts Rise In Sales After Nine Months
Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.
Feb 02, 2017 02:53 AM EST
Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline
Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.
Feb 01, 2017 09:53 PM EST
Sense of Unease Permeates Wall Street With Trump's New Policies
President Donald Trump is starting to worry Wall Street with the major changes in foreign policies. Economic isolation may result in these changes.
Feb 01, 2017 09:30 PM EST
Swedish Retailer H&M Big Gainer in 2016
The last fiscal year was good for H&M, there was a strong expansion in sales and profits, the company opened 427 new stores and it added more than 13,000 new workers.
Feb 01, 2017 02:43 PM EST
Trump Signs Executive Order to Reduce Regulations Affecting US Businesses
US President Donald Trump signs executive order designed to slash the number of regulations affecting US businesses.
Feb 01, 2017 09:10 PM EST
Top 10 U.S. sanctuary cities face roughly $2.27 billion in cuts by Trump policy
U.S. President Donald Trump's attempt to strip municipalities of federal dollars for shielding illegal immigrants threatens $2.27 billion in annual funds for the nation's 10 largest cities, a Reuters analysis of federal grants found.
Jan 26, 2017 11:09 AM EST
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