India raids offices of sellers using Amazon, Flipkart platforms NEW DELHI: India’s financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned... Published 08 Nov, 2024 08:23am
World Online sellers on Walmart’s Flipkart sue India watchdog NEW DELHI: Three online sellers operating on Walmart-owned Flipkart have sued the Indian antitrust watchdog over an... Published 29 Sep, 2024 02:46am
Business & Finance Walmart sells $3.74bn JD.com stake HONG KONG: Chinese e-commerce firm JD.com said on Wednesday top shareholder Walmart had sold its entire stake after... Published 22 Aug, 2024 06:58am
Business & Finance Walmart to lay off hundreds of corporate staff, relocate others NEW YORK: Walmart is cutting hundreds of corporate jobs and asking most remote workers to relocate to three main ... Published 15 May, 2024 05:47am
Business & Finance Shoppers lift Walmart earnings as it preps $2.3bn Vizio deal NEW YORK: Walmart kicked off US retailers’ reporting season on Tuesday with robust fourth quarter results after... Published 21 Feb, 2024 05:29am
World Walmart and Adidas cargo aboard, one ship’s voyage to avoid the Red Sea LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the... Published 31 Jan, 2024 05:46pm
Business & Finance Walmart unveils new GenAI search tech for shoppers at CES NEW YORK: Walmart on Tuesday unveiled two new AI-powered tools at the CES conference in Las Vegas to help shoppers... Published 10 Jan, 2024 10:36am
Life & Style Amazon, Walmart court early holiday shoppers in US with limited-time deals NEW YORK: Amazon, Walmart, Target and other large retailers launched U.S. sales on Monday and Tuesday, dangling... Published 10 Oct, 2023 04:46pm
World Water-sharing protests disrupt India’s tech hub of Bengaluru BENGALURU: Police detained protesters on Tuesday in India’s tech hub of Bengaluru after one tried to commit suicide... Published 26 Sep, 2023 04:29pm
Business & Finance Walmart raises 2024 forecast after ‘strong’ quarter NEW YORK: Walmart raised its full-year forecast on Thursday following a jump in quarterly profits, pointing to solid... Published 17 Aug, 2023 06:14pm
Business & Finance Xiaomi bets bigger on India retail stores amid Samsung rivalry NEW DELHI: China’s Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on... Published 17 Jul, 2023 03:47am
Business & Finance Walmart lifts annual sales, profit view on resilient consumer spending Walmart Inc raised its annual sales and profit targets on Thursday as shoppers sought bargains on essentials such as... Published 18 May, 2023 06:07pm
Business & Finance Walmart sees sustained pressure from inflation; to slow hiring pace NEW YORK: Walmart Inc on Wednesday said inflation would continue to pressure its business this year, and that it... Published 10 Apr, 2023 06:45am
Business & Finance Walmart laying off hundreds of US workers NEW YORK: Hundreds of workers at five US Walmart facilities that fulfill e-commerce orders are being asked to find... Published 24 Mar, 2023 05:55am
Business & Finance Walmart laying off hundreds of US workers at five e-commerce fulfillment centers NEW YORK: Hundreds of workers at five U.S. Walmart facilities that fulfill e-commerce orders are being asked to find... Published 23 Mar, 2023 08:40pm
Business & Finance Walmart gets cautious on economic outlook NEW YORK: Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as the retail bellwether... Published 27 Feb, 2023 07:40am
Business & Finance Walmart Q4 profits top estimates, but outlook disappoints NEW YORK: Walmart reported better-than-expected profits over the critical holiday-season quarter Tuesday, but... Published 21 Feb, 2023 07:18pm
Business & Finance Walmart has paid most of $1bn tax for PhonePe shifting base to India BENGALURU: Walmart Inc has already paid the Indian government most of the nearly $1 billion in tax after digital... Published 09 Jan, 2023 06:00am
Business & Finance Amazon CEO says job cuts to exceed 18,000 roles BENGALURU: Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it... Published 06 Jan, 2023 05:58am
Print Walmart employee kills six, himself in Virginia store shooting CHESAPEAKE: A Walmart employee killed six people and wounded several others before fatally shooting himself at a... Published 24 Nov, 2022 04:28am
World Seven killed, several wounded in Virginia Walmart shooting Seven people were killed and several wounded in a shooting at a Walmart in Chesapeake, Virginia, on Tuesday night,... Published 23 Nov, 2022 03:40pm
Markets Wall Street jumps on more evidence of cooling inflation NEW YORK: The tech-heavy Nasdaq led Wall Street’s main indexes higher on Tuesday as data providing further proof ... Published 16 Nov, 2022 05:50am
Business & Finance Walmart hiring fewer US holiday staff this year NEW YORK: Walmart announced Wednesday it will hire 40,000 workers for the upcoming holiday season, far fewer than... Published 26 Sep, 2022 08:17am
Business & Finance Walmart latest to tap bond market with $5bn offerings Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap... Published 07 Sep, 2022 04:26pm
World Small-plane pilot threatens to crash into Walmart: police WASHINGTON: US police said Saturday that the pilot of a small plane circling over Tupelo, Mississippi, has... Updated 03 Sep, 2022 09:22pm
Business & Finance Walmart results top estimates as inflation alters consumer behavior NEW YORK: Walmart scored a big jump in revenues partly driven by inflation but the retail giant faces increasing... Published 22 Aug, 2022 07:38am
Markets S&P 500 near unchanged; Walmart and other retailers gain NEW YORK: The S&P 500 was near flat in late trading on Tuesday as Walmart and Home Depot gained following... Published 17 Aug, 2022 07:02am
Markets S&P 500 near unchanged; Walmart and other retailers gain NEW YORK: The S&P 500 was near flat in late trading on Tuesday as Walmart and Home Depot gained following... Published 17 Aug, 2022 12:31am
Business & Finance Walmart sees smaller profit drop this year as discounts spur demand Walmart Inc nudged up its annual profit forecast on Tuesday, partly reversing a hefty cut less than a month ago, as... Published 16 Aug, 2022 05:32pm
Markets Wall Street falls as Walmart warning rattles retail stocks NEW YORK: US stock indexes fell on Tuesday after Walmart’s profit warning heightened fears in the retail sector... Published 27 Jul, 2022 05:23am