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Wal-Mart in shares buybackWal-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 More… |
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India launches reforms in bid to revive growthAfter 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 More… |
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Dubai World buys Wal-Mart property firm GazeleyDubai 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). More… |
