Bloomberg United Overseas Bank (UOB) plans to increase portion of revenue it gets from outside its ho-me market of Singapore to about 50% by 2021, despite forecasting a challenging year ahead. “For 2019, market volatility is expected to remain,” Chief Executive Officer Wee Ee Cheong told analysts and investors in Singapore on Wednesday. “Geopolitics, rising global trade tensions and concern ...

Bloomberg Walmart Inc wants to one-up Amazon.com Inc in the fight for online shoppers. The world’s largest retailer is rolling out a next-day delivery service to counter Amazon’s recent move to speed shipment times for top customers to just one day from two. Walmart customers in Phoenix and Las Vegas who buy at least $35 worth of goods was expected ...

Bloomberg Two top executives of Jet Airways India Ltd resigned this week, further diminishing prospects for the grounded carrier that is desperately seeking $1.2 billion to fly again. Chief Executive Officer Vinay Dube and Chief Financial Officer Amit Agarwal quit the company citing personal reasons, Jet Airways said in two separate stock exchange filings. While both resignations were effective immediately, ...