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E-comm stocks soar with long-lasting pandemic gains

Bloomberg E-commerce companies have emerged as a favourite play on Wall Street during the coronavirus pandemic, amid a growing consensus that upcoming results will reveal a potentially permanent shift in consumer behaviour towards online shopping. While online sales have long been growing their market share as a percentage of overall retail spending, the trend has been accelerated as shutdowns force ...

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Colorado shuts Walmart store after 3 virus deaths

Bloomberg A Walmart Inc store near Denver has been shuttered by local authorities after three people with ties to the location died from coronavirus. The closing came after a series of complaints from employees and shoppers about a lack of social distancing, according to the Tri-County Health Department. This included workers not wearing face masks and too many people in ...

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UAE provides 171 tonnes of food aid to Yemen’s Al Shihr residents

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) provided 4,000 food parcels weighing 171 tonnes to the residents of Al Shihr district in the Yemeni Governorate of Hadramaut on the occasion of the Holy Month of Ramadan. The aid package was administered in line with the directives of His Highness Sheikh Mohamed bin Zayed ...

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