China's vice commerce ministry meets Walmart CEO McLay
China's Vice Minister of Commerce Wang Shouwen met the chief executive officer of Walmart Inc, Kathryn McLay, on Friday, the commerce ministry said in a statement.
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China's Vice Minister of Commerce Wang Shouwen met the chief executive officer of Walmart Inc, Kathryn McLay, on Friday, the commerce ministry said in a statement.
Hyundai Motor and a union representing its South Korean workforce on Saturday sealed a wage deal that will boost annual pay by about 4.65%, the union said, avoiding a strike in the
Executives from top U.S. banks remained divided over the U.S.
The International Monetary Fund will provide Papua New Guinea with immediate access to about $125 million, the IMF said in a statement on Friday following its executive board's
Arbor Realty Trust is being probed by federal prosecutors and the Federal Bureau of Investigation in New York months after short sellers attacked the lender's practices and disclosures,
Wall Street banks reported a healthier pipeline for deals and a jump in investment banking activity in quarterly earnings on Friday, but also cited some headwinds and reasons for caution.
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion
China's central bank is determined to maintain a normal upward-sloping yield curve and correct bond-market risks, the bank-backed Financial News reported late on Friday, citing
The Dow Jones Industrial Average scaled an intraday record high on Friday, playing catch-up with two other main U.S. indexes in recent broad-based market gains.
U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.
The yen jumped briefly against the dollar on Friday, putting traders on alert for signs of fresh intervention by Japanese authorities, who likely stepped in the previous day to prop
U.S. equity funds faced their first weekly outflow in three weeks in the seven days to July 10 as caution and profit-taking took hold ahead of the new earnings season.
Airbus has launched a programme of cost cuts and a freeze on overall headcount to shore up performance at its core planemaking business in 2024 and beyond, weeks after
Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to revive growth at the consumer goods
BNY beat Wall Street's expectations for second-quarter profit on Friday, as strong investment service fees more than offset lower interest income, sending the world's largest custodian
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
Wells Fargo's second-quarter profit declined and the lender missed analysts' estimates for interest income on higher deposit costs amid
Ireland's domestic economy last year grew much faster than initially estimated, with growth revised sharply higher to 2.6% from 0.5% and momentum continuing into the first quarter
A look at the day ahead in U.S. and global markets from Mike Dolan A violent rotation from Big Tech into small cap stocks followed the surprisingly benign June U.S. inflation report, while
China's yuan-denominated exports to Russia grew 4.76% in June from a year earlier, faster than the 0.92% pace in May, but still much slower than double-digit export growth at the
China's yuan-denominated exports to Russia grew 4.76% in June from a year earlier, faster than the 0.92% pace in May, but still much slower than double-digit export growth at the
Consumer prices in France rose 2.5% year-on-year in June, statistics office INSEE said on Friday, confirming its preliminary reading published in late June.
Momentum to raise wages has been spreading among small and medium firms in Japan this year, reflecting labour shortages and efforts to help employees tackle an inflationary squeeze,
China's central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing loans
HSBC Bank on Friday raised its forecast for Vietnam's gross domestic product growth for this year to 6.5% from its previous forecast of 6.0%, after second-quarter growth beats