Bloomberg Walmart Inc’s Indian e-commerce operation Flipkart invested 15 billion rupees ($204 million) in Aditya Birla Fashion and Retail Ltd as it looks to bolster its presence in one of the world’s fastest-growing retail markets. Billionaire Kumar Mangalam Birla’s retail business will issue preference shares to Flipkart, giving it a 7.8% stake, Aditya Birla Fashion said in an exchange filing. ...

Bloomberg The recovery in Canadian retail sales is fizzling Sales eked out a gain of 0.4% in August, Statistics Canada said in Ottawa. That fell short of the 1.1% median forecast in a Bloomberg survey of economists. Excluding vehicles, receipts rose 0.5%, versus a forecast gain of 0.9%. After cratering in April on mandatory lockdowns, retail sales increased for four ...

Bloomberg A coalition of airline and travel industry groups is urging top US officials to develop standards for rapid testing and other measures to sidestep the growing quarantine restrictions imposed by states. Eighteen states have some type of quarantine for people arriving from Covid-19 hot spots, but “this patchwork of rules is confusing and discourages travel,” the group of 20 ...