Archive for Tag: share market news

Walmart

How the pandemic helped Walmart battle Amazon Marketplace for sellers

Amazon (NASDAQ:AMZN) Inc UP 0.61% AT 3400.00 & Walmart (NYSE:WMT) DOWN 0.31% AT 139.37 Between 2009 and 2014, Walmart’s Marketplace business, where outside merchants hawk everything from baby blankets to power tools, counted no more than six sellers, and was described by one expert as “in limbo.” But what...

Read More
European stock markets

European Stocks Sharply Lower; Rising Bond Yields Weigh

European stock markets traded sharply lower Friday, with rising U.S. bond yields and fresh worries about the Covid-19 pandemic spooking investors. The DAXin Germany traded 0.9% lower, the CAC 40in France fell 0.7% and the U.K.’s FTSE index dropped 1.1%. Federal Reserve Chair Jerome Powell made it clear at...

Read More
Asian Stock Market News

Asian Stocks Down as Powell Keeps Mum on Rising Inflation Rates

Asia Pacific stocks were down Friday morning, continuing Thursday’s losses after U.S. Treasury yields’ moves increased investor jitters. China’s Shanghai Composwas down 0.29% by 10:25 PM ET (3:25 AM GMT) and the Shenzhen component inched down 0.07%. China’s National People’s Congress (NPS) opened on Friday, where a conservative economic...

Read More
Walmart's Flipkart

Walmart’s Flipkart expands grocery sales, WALMART INC UP 1.12% AT 131.37

Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic. Flipkart has already expanded online grocery sales to more than 50 Indian cities and intends to reach...

Read More