Recent Posts

Walmart workers rebel against firm’s robot push in Chile

Bloomberg Walmart Inc is facing a strike by thousands of workers in South America amid the retail giant’s push to increase automation at its physical stores. About 17,000 Walmart workers in Chile went on an indefinite strike after labour talks between the company and the union failed. As many as 124 of the retailer’s 375 stores across the country closed ...

Read More »

Ryanair may pare growth plans over 737 grounding

Bloomberg Ryanair Holdings Plc will need to pare back its growth plans for next summer if the grounding of the Boeing Co 737 Max drags on late into this year. Chief Executive Officer Michael O’Leary is set to meet with Boeing in the next two weeks, when the discounter will push for a specific date for the plane’s return to ...

Read More »

Steinhoff sales gain on slow road to recovery

Bloomberg Steinhoff International Holdings NV’s first-half sales gain gives the global retailer some wiggle room as it looks to finalise debt-restructuring talks. Still, there is plenty of uncertainty. Steinhoff said sales rose 3 percent in the six months through March to $7.7 billion. The owner of Poundland in the UK and Conforama in France reported its third set of earnings ...

Read More »
Send this to a friend