Recent Posts

Trump exit from Iran pact halts $40 billion Boeing, Airbus deals

Bloomberg The US withdrawal from a nuclear accord with Iran slams shut what had been a brief opening for historic aircraft sales by Boeing Co. and Airbus SE to the Islamic Republic. President Donald Trump’s announcement that the US would seek to reimpose sanctions left little hope that the planemaking duopolists will be able to consummate $40 billion in aircraft ...

Read More »

Uniqlo owner targets 1.2 billion people with its first India store

Bloomberg Fast Retailing Co., owner of the Uniqlo casual-wear brand, will open its first store in India next year as Asia’s largest retailer looks to tap consumers in a country with more than 1.2 billion people. The Japanese company’s opening of a New Delhi store in the autumn of 2019 has been long in the making. Tadashi Yanai, Fast Retailing’s ...

Read More »

Walmart to buy 77 percent of India’s Flipkart for $16 billion

Bloomberg Walmart Inc. agreed to buy a controlling stake in India’s biggest online retailer, striking a blow against rival Amazon.com Inc. as the battle for e-commerce supremacy goes global. The world’s largest retailer will acquire a 77 percent holding in Flipkart Group for $16 billion, the companies said in a statement. Flipkart co-founder Binny Bansal and other shareholders will hold ...

Read More »
Send this to a friend