Wednesday , 17 December 2025

Recent Posts

Wal-Mart expands NY delivery, acquires parcel

Bloomberg In a sign of the intensifying battle for New York’s online shoppers, Wal-Mart Stores Inc. acquired Parcel, a company specialising in same-day deliveries of groceries and meal kits. The world’s largest retailer plans to use the business to offer free, same-day delivery in New York City—the most populous city in the US—as it continues to push into e-commerce to …

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High-income shoppers to boost holiday spending 6% this year

Bloomberg High-income shoppers will fuel holiday spending in the US this year, even as less affluent consumers keep their purse strings tight. That’s the finding of a survey released by PricewaterhouseCoopers LLP. The firm expects Americans overall to increase spending by 6 percent this season, but those with household incomes under $60,000 will cut their outlays for both gifts and …

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Abu Dhabi launches $10bn triple-tranche dollar bond

DUBAI / Reuters Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand. The sale followed a $12.5 billion bond issue by Saudi Arabia last week – the largest emerging market bond sale in 2017 – and was the latest jumbo sovereign offering from Gulf states …

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