Americans are rushing to Walmart and its low prices, the retailer’s profits are soaring

Americans are rushing to Walmart and its low prices, the retailer’s profits are soaring

(News Bulletin 247) – With inflation, the American supermarket chain has further benefited from its reputation as a cheap retailer.…
Alibaba: Alibaba renounces the split of its activity

Alibaba: Alibaba renounces the split of its activity

by Casey Hall and Akash Sriram (Reuters) – Alibaba on Thursday abandoned plans to spin off its cloud computing business,…
Market: Emirates orders 15 Airbus A350-900s after disagreement over engines

Market: Emirates orders 15 Airbus A350-900s after disagreement over engines

by Tim Hepher, Alexander Cornwell and Pesha Magid DUBAI (Reuters) – Airbus won an order for 15 A350-900s from Emirates…
Market: Investors do not understand that rates will remain restrictive, says Greene (BoE)

Market: Investors do not understand that rates will remain restrictive, says Greene (BoE)

LONDON (Reuters) – Megan Greene, a member of the Bank of England’s (BoE) Monetary Policy Committee, said on Thursday that…
Market: The European Commission approves the renewal of glyphosate for ten years

Market: The European Commission approves the renewal of glyphosate for ten years

BRUSSELS (Reuters) – The European Commission approved on Thursday the extension for ten years of the use of glyphosate, the…
Market: Pedro Sanchez reappointed as head of the Spanish government

Market: Pedro Sanchez reappointed as head of the Spanish government

MADRID (Reuters) – Pedro Sanchez was inaugurated by Parliament on Thursday for a new mandate as head of the Spanish…
Market: Walmart raises its annual targets as the holidays approach

Market: Walmart raises its annual targets as the holidays approach

(Reuters) – Retail giant Walmart on Thursday raised its annual sales and profit forecasts for the second straight quarter, signaling…
Market: Wall Street expected uncertain, Europe consolidates

Market: Wall Street expected uncertain, Europe consolidates

by CORENTIN CHAPRON PARIS (Reuters) – Wall Street is expected to be mixed at the opening on Thursday, while the…
Soitec: The market ignores the lowering of Soitec’s annual objectives

Soitec: The market ignores the lowering of Soitec’s annual objectives

(News Bulletin 247) – The Isère company has lowered its annual outlook and anticipates declining sales for the 2023-2024 financial…
Britain: Train drivers plan new round of strikes in December

Britain: Train drivers plan new round of strikes in December

LONDON (Reuters) – Britain’s train drivers are planning a new round of strikes in December in a protracted dispute over…
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