Walmart Q1 profit dragged down as inflation takes a bite
NEW YORK (AP) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as…
LIC Shares Tumble In Market Debut After Record India IPO
By Nupur Anand and Chris Thomas MUMBAI (Reuters) – Shares in Life Insurance Corp of India (LIC) slid nearly 8%…
Shopee-owner Sea Tops Revenue Estimates On E-commerce Strength
(Reuters) -Singapore-based Sea Ltd beat first-quarter revenue estimates on Tuesday, driven by improvements in its core e-commerce business in South…
Home Depot overcomes slow start to year, rising home prices
Home Depot’s first-quarter sales improved despite a slow spring start and the home improvement chain raised its full-year guidance. Revenue…
Yellen warns Europeans about working with China, urges unity
BRUSSELS (AP) — Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet…
Home Depot Raises Annual Sales Forecast On Steady Demand
(Reuters) – Home Depot Inc increased its full-year sales forecast on Tuesday as demand for home improvement tools and building…
Censure vote vs Sri Lankan leader fails as crisis simmers
COLOMBO, Sri Lanka (AP) — Sri Lanka’s ruling party on Tuesday defeated a move in Parliament to urgently debate a…
Why Indonesia’s Palm Oil Export Ban Has Not Cooled Cooking Oil Prices
By Bernadette Christina and Fransiska Nangoy (Reuters) – Indonesia, the world’s biggest palm oil exporter, has since April 28 halted…
India To Allow Wheat Shipments Awaiting Customs Clearance
NEW DELHI (Reuters) -India will allow overseas wheat shipments awaiting customs clearance, the government said on Tuesday, introducing some relaxation…
Beijing’s Retail, Industry Upended By COVID Restrictions
BEIJING (Reuters) – The economy of China’s capital Beijing took a hit in April as authorities wrestled with a new…