Bloomberg Love the currency, hate the stocks. Thanks to a strong exchange rate, clouds are once again gathering over European equities. That’s because the euro’s appreciation to an almost three-year high could mean overseas earnings lose some of their shine after conversion. Each 10 percent gain in the euro trims about 6 percent off earnings per share, Credit Suisse Group ...

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 ...

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 ...