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Walmart to expand Sam’s Clubs in China after virus-led boom

Bloomberg Walmart Inc plans to expand its members-only warehouse chain, Sam’s Club, in China to 100 stores in the next eight years as it embarks on an ambitious growth plan after the coronavirus pandemic. The local unit of the Bentonville, Arkansas-based company told employees about the goal in a townhall meeting, according to people familiar with the matter, who asked ...

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China plans to order Hong Kong to enact security law

Bloomberg Chinese authorities are planning to write the country’s national security law into Hong Kong’s charter, the news site HK01 reported, in what would be a dramatic escalation of Beijing’s efforts to rein in dissent in the city. China’s lawmakers were preparing to pass a measure in their upcoming session that would require the former British colony to enact a ...

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South Asia storm Amphan kills 84

Bloomberg The biggest cyclonic storm over the Bay of Bengal in two decades wrecked havoc along India’s east coast and in Bangladesh, killing dozens of people, flooding low-lying areas and affecting power supply. Amphan was likely to continue to move north-northeastward and weaken further into a depression on Thursday, according to the India Meteorological Department. The storm, which started as ...

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