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Walmart Inc

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 to raise minimum wage for US hourly workers to $14

NEW YORK: Walmart Inc on Tuesday said it will raise average hourly wages for its US store workers starting next...

Published 30 Jan, 2023 05:56am

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

Opinion

High energy prices could sink US stocks during earnings season

Sky-high oil prices pose yet another obstacle to US corporate earnings, and some on Wall Street are worried this...

Published 24 Jun, 2022 06:15am

Business & Finance

India's textile industry revs up, giving hope on jobs for PM Modi

HINDUPUR: At Texport Industries' factories in India's south, thousands of mostly women workers are busy converting...

Published 11 Feb, 2022 11:55am

Opinion

Visa’s CFO expects to resolve fee row with Amazon

Visa expects to resolve its credit card fee dispute with Amazon.com Inc in Britain and hopes to continue its...

Published 21 Nov, 2021 04:19am

Markets

U.S. dollar raises vs most currencies as Fed taper talk gathers pace

NEW YORK: The dollar climbed to a two-week peak against a basket of currencies on Monday, bolstered by expectations...

Published 14 Sep, 2021 01:04am

Markets

Back-to-school may lift US retail shares after recent lull

NEW YORK: Strong late-summer back-to-school sales could provide US retailers some needed momentum after many sector...

Published 06 Sep, 2021 06:14am

Business & Finance

Walmart's Flipkart raises fresh funds for $38 billion valuation as IPO looms

The Bengaluru-based company is aiming for a $50 billion valuation for its public listing as early as this year and was in talks in the United States for a deal with a blank-check firm, Reuters reported in March.

Published 13 Jul, 2021 12:05am

Opinion

Amazon, Tata say Indian govt e-commerce rules will hit businesses

Amazon.com Inc and India's Tata Group warned government officials on Saturday that plans for tougher rules for ...

Published 04 Jul, 2021 03:41am

Business & Finance

Amazon, Tata say Indian govt e-commerce rules will hit businesses

NEW DELHI: Amazon.com Inc and India's Tata Group warned government officials on Saturday that plans for tougher ...

Published 04 Jul, 2021 03:41am

Opinion

India to expedite Amazon, Flipkart antitrust probe as tech focus intensifies

India's antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at...

Published 16 Jun, 2021 03:39am

Business & Finance

Silicon Valley self-driving startup Gatik works with Isuzu to build delivery trucks

Gatik, which has raised nearly $30 million so far, said its trucks are owned by a major fleet operator which it isn't yet disclosing. So far it has been using the Ford Transit chassis for its existing fleet of autonomous delivery trucks.
Ford Motor Co Executive Chairman Bill Ford's venture capital fund Fontinalis Partners is an early investor in Gatik, according to Narang.

Published 06 Apr, 2021 10:14am

Business & Finance

Walmart's Flipkart in early talks for US listing via SPAC deal

The talks for a deal with a special purpose acquisition company (SPAC) are at a very early stage and could fall apart as no plans have been finalized yet, said the people, who declined to be named as the information is confidential.
India's largest renewable energy firm ReNew Power last month struck a deal with a blank-check company to go public in the United States, while SoftBank-backed online grocery startup Grofers has also held talks with SPACs.

Updated 04 Mar, 2021 09:51pm

Business & Finance

Walmart rides soaring holiday demand to beat same-store sales estimates

Walmart, which employs 1.5 million people in the United States, also said it was raising wages for its workers in the country to more than $15 per hour on average.
Online sales rose 69% in the quarter, blowing past a 35% increase in the year-earlier period, but slower than a 79% surge in the third quarter.

Published 18 Feb, 2021 07:17pm

World

Walmart expands vaccinations in boost to US COVID-19 program

The move from the world's largest retailer comes as US President Joe Biden races to accelerate a frustratingly slow vaccination campaign.
Walmart is already vaccinating healthcare workers in New Mexico and its home state of Arkansas.

Published 22 Jan, 2021 06:47pm

Business & Finance

Walmart, Disney suspend contributions to US lawmakers who opposed Biden certification

Before the assault on the seat of Congress, Trump urged supporters to march to the Capitol to protest the Nov. 3 election results, which he has falsely claimed were "rigged."

Published 13 Jan, 2021 10:26am

Markets

Wall St to open flat as stimulus rally cools; Weekly gains on tap

U.S. S&P 500 E-minis were up 1 point, or 0.03pc at 8:06 a.m. ET, Dow E-minis were up 6 points, or 0.02pc, while Nasdaq 100 E-minis were up 2.25 points, or 0.02pc.

Published 18 Dec, 2020 06:50pm

Business & Finance

Walmart partners with TikTok to sell merchandise while livestreaming

The livestream will feature national brands like Champion, Jordache, Kendall + Kylie and some private brands including Free Assembly, Scoop and Sofia Jeans, Walmart said.

Published 17 Dec, 2020 08:31pm

Business & Finance

Walmart readies pharmacies for COVID-19 vaccine roll out

The retailer said it was preparing over 5,000 Walmart and Sam's Club pharmacies with freezers and dry ice to handle vaccine storage requirements.
It said it was educating its employees about COVID-19 vaccine, and they can choose to receive it once they are eligible.

Updated 11 Dec, 2020 01:49am

Business & Finance

Walmart beats same-store sales estimates on buoyant online demand

Sales at US stores open at least a year rose 6.4%, excluding fuel, in the third quarter ended Oct. 31.
We think these new customer behaviors will largely persist and we're well positioned to serve customers with the value and experience they're looking for.

Published 17 Nov, 2020 05:23pm

Business & Finance

Walmart partners with GM's Cruise on self-driving delivery pilot in AZ

Walmart previously has partnered with tech startups Flytrex, Nuro and Gatik on pilot delivery programs with self-driving vehicles in several US locations.
Backed by Honda Motor Co, SoftBank Group and T. Rowe Price Cruise told Reuters in an email it is "laser-focused on making this first pilot successful with Walmart.

Updated 10 Nov, 2020 09:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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