Archive for Tag: us stock market news


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...

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Business software group SAP

SAP forms financial services alliance with investor Dediq

SAP AG UP 0.09% AT 111.21 Business software group SAP said on Tuesday it was forming a joint venture with Munich-based investor Dediq to develop new digital solutions for banking and insurance. Under the deal, Dediq will invest more than 500 million euros ($595 million) in developing premium products...

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Brent Crude

Oil drops amid rising stockpiles and COVID-19 demand concerns

Brent Crude was trading 1.18% down at $68.06. Oil prices dropped on Tuesday, extending declines to three consecutive days, as rising stockpiles in the United States added to the risks to a demand recovery after countries including Germany and France halted COVID-19 vaccinations. Brent Crudewas down 69 cents, or...

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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...

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