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Walmart reports Q2 sales surge, partly due to inflation
Aug 16, 2022
NEW YORK — Walmart reported a jump in quarterly revenues on Tuesday partly driven by inflation as the retail giant signalled it expects its US sales growth to moderate over the next six months.The big-box retailer, which had cut its profit forecast three weeks ago due to shifting consumer behavior, said pricing pressures on consumers boosted sales ...
Gaming industry feels squeeze after pandemic boom
Aug 15, 2022
SAN FRANCISCO — In the height of the pandemic, video games offered people solace in i ...
Nearly 150,000 Bangladeshi tea workers on strike
Aug 13, 2022
DHAKA — Nearly 150,000 workers at more than 200 Bangladeshi tea plantations went on s ...
Saudi Aramco unveils record profits
Aug 14, 2022
RIYADH — Saudi Arabia ‘s oil company, Aramco, on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia ...
Global youth unemployment set to slip to 73 million in 2022 — UN
Aug 11, 2022
GENEVA — The total global number of unemployed youths should fall to 73 million in 2022, down by two million from the year before, the Unite ...
Elon Musk sells nearly $7 billion worth of Tesla shares
Aug 10, 2022
WASHINGTON — Elon Musk sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes legal battle with Twitte ...
In Norway, old oil platforms get a second life
Aug 10, 2022
STORD, Norway — At an industrial yard in southwestern Norway, decommissioned oil platforms are slowly being dismantled for a second life in ...
Kurdish Iraqi farmer sprouts online advice, green awareness
Aug 09, 2022
HALABJA, Iraq — Kurdish Iraqi farmer Azad Muhamad has become a social media star by sharing tips on growing fresh fruit and vegetables in th ...
Japan's SoftBank reports record quarterly net loss
Aug 08, 2022
TOKYO — Japan's SoftBank Group on Monday reported a record quarterly net loss of $23.4 billion, after interest rate hikes tanked tech shares ...
Syria more than doubles petrol prices — ministry
Aug 07, 2022
DAMASCUS — Syria's internal commerce ministry has announced a petrol price hike of around 130 per cent in the war-torn country facing fuel s ...
Record Bangladesh fuel hike triggers huge queues
Aug 06, 2022
DHAKA — Thousands of Bangladeshis besieged fuel stations across the country after the government raised prices by as much as 52 per cent, th ...
BoE delivers biggest rate hike in 27 years
Aug 04, 2022
LONDON — The Bank of England (BoE) unleashed on Thursday its biggest interest rate hike since 1995 as it forecast inflation topping 13 per c ...
Nintendo Q1 net profit jumps thanks to weak yen
Aug 03, 2022
TOKYO — Nintendo said on Wednesday its first-quarter net profit jumped 28 per cent on-year, mainly thanks to a weaker yen, but hardware and ...

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