Bloomberg Walmart Inc named Jamie Iannone as its chief operating officer (COO) for US e-commerce, the latest reshuffle in its senior management ranks. Iannone, who joined Walmart in 2014, was previously running the web, membership and marketing operations of the retailer’s wholesale subsidiary Sam’s Club, according to a memo obtained by Bloomberg News. At Sam’s Club, he spearheaded several initiatives …

Bloomberg The world’s biggest companies have started sounding the alarm. From Apple Inc. to Microsoft Corp., the corporate world has seen a sharp increase in profit warnings about a financial hit from the coronavirus in the past two weeks. But that may be just the tip of the iceberg, with the biggest blow to sales and supply chains mainly confined …

ABU DHABI / WAM The second phase of Marking Tobacco and Tobacco Products Scheme is set to commence on March 1, with the scheme aiming to utilise latest digital solutions to boost efficiency of tax control systems and, in turn, support UAE’s transition to a knowledge-based economy in line with the National Agenda. The Federal Tax Authority (FTA), reaffirmed its …