Bloomberg Walmart Inc. has removed rules requiring sellers on its marketplace website to be registered in the US — an attempt to close the e-commerce gap with Amazon.com Inc. and tap into China’s vast network of manufacturers. This month, the world’s largest retailer began opening up its third-party marketplace to foreign sellers, who no longer need a US address or ...

Bloomberg Just as airlines start to emerge from their biggest slump on record, the industry is facing a new headache: a rapid rise in fuel prices. Escalating fuel costs will create a dilemma for carriers who unwound hedges that proved costly when demand suddenly disappeared when the coronavirus hit last year, said John Grant, senior analyst at OAG, which tracks ...

Bloomberg German beauty retailer Douglas GmbH is tackling its 2.1 billion-euro ($2.5 billion) debt pile after struggling through a series of pandemic-fueled lockdowns that shuttered its stores across Europe for almost a year. The 179-year-old firm, owned by CVC, is seeking to refinance its bonds and loans with new debt supported by a 220 million-euro equity injection. CVC was coming ...