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Walmart close to $12bn deal for India’s top e-comm firm Flipkart

Bloomberg Walmart Inc. is close to finalising a deal to buy a majority stake in India’s leading e-commerce company for at least $12 billion and may complete the agreement in the next two weeks, according to people familiar with the matter. All the major investors in Flipkart Online Services Pvt are now on board with the Walmart purchase, after an ...

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Amazon’s US packaged food Q1 sales up 48%

Bloomberg Amazon.com Inc. shoppers are buying more packaged foods, pushing the e-commerce giant deeper into grocery sales. The world’s largest online retailer sold $650 million worth of consumer packaged food items in the first quarter, a 48 percent increase over the same period a year earlier, research firm One Click Retail said. Packaged food items include coffee, salad dressings, baby ...

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Sheer fright seen as lawsuit claim for Southwest survivors

Bloomberg After the crash come the claims. Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a Southwest Airlines Co. flight this week who could have a case. ...

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