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With Whole Foods, Amazon on collision course with Wal-Mart
Sun, Jun 18, 2017
When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment - the world`s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete.
Hurun Global Billionaire Rich list: Only 152 women billionaires out of 7 billion people
Wed, Mar 08, 2017
Hurun Report on Tuesday released the sixth edition of its 'Hurun Global Rich List 2017' survey report, which showed that out of 2,257 billionaires in the world, only 15% or 152 were women.
Wal-Mart to create 10,000 US jobs in 2017
Tue, Jan 17, 2017
Wal-Mart Stores Inc said it would create about 10,000 jobs in the United States (US) this year, adding to its near 1.5 million workforce in the country, by opening or remodeling stores and investing in its e-commerce business.
Flipkart plans to move into groceries space; renewed push in furniture
Sun, Nov 20, 2016
Bank of America Merrill Lynch sees the value of goods sold online in India jumping tenfold to $188 billion by 2025.
Amazon to expand grocery business with quick pickup stores
Wed, Oct 12, 2016
Online retail giant Amazon plans to expand its grocery business with shops that let people quickly pick up milk, vegetables or other perishable foods, the Wall Street Journal reported on Tuesday.
Wal-Mart to buy into Flipkart’s ‘big billion’ sale
Wed, Sep 28, 2016
Wal-Mart would invest in Flipkart in exchange for a minority stake in it.
Wal-Mart to stop selling Egyptian cotton sheets made by Welspun India
Sat, Sep 10, 2016
Wal-Mart said it will not cut ties with Welspun but will work with them to implement strong controls and better label the products.
Warren Buffett's Berkshire Hathaway raises stake in Apple by 55%
Tue, Aug 16, 2016
Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its stake in Apple Inc by 55%, boosting its bet on the iPhone and iPod maker even as prominent investors like Carl Icahn and George Soros have reduced theirs.