Thursday 3 September 2015
 
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Walmart

Walmart to spend $1bn to raise wages this year

Walmart Stores, long criticised for its low wages and employee benefits, said it would spend more than $1 billion to increase pay for half a million US employees this year. The increase announced by the largest private sector empl

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Woman shot dead at Walmart by 2-year-old son

A woman was accidentally shot and killed at a Walmart store in northern Idaho, US, on Tuesday when her two-year-old son pulled a loaded handgun from her purse that then went off, a county sheriff said. The 29-year-old woman was sh

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Walmart push exposes strains of US manufacturing rebirth

When Walmart pledged last year to buy an extra $250 billion in US-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. But

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Wal-Mart in shares buyback

Wal-Mart Stores has announced a $15 billion share buyback programme at its annual meeting as the world's largest retailer faces increasing scrutiny from investors over how it has handled allegations of bribery in its Mexican operations that

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India launches reforms in bid to revive growth

After months of dithering on the economy, India's beleaguered government roared back to life in dramatic fashion yesterday, announcing big bang reforms as part of package of measures aimed at reviving growth and staving off a ratings downgra

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Dubai World buys Wal-Mart property firm Gazeley

Dubai World said on Tuesday it had bought property developer Gazeley Limited from Wal-Mart, and a source familiar with the matter said the Dubai government investment firm had paid between 300 million and 400 million pounds ($588-$784 million).

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