Bloomberg Walmart Inc stock soared the most in two years as US shoppers flocked to its stores to find discounts amid surging inflation, spurring surprisingly robust third-quarter results and an improved annual profit outlook. The world’s largest retailer also reported progress in reining in bloated inventories and unveiled a new $20 billion program to buy back its stock. On ...

  Bloomberg Airbus SE expects Asia-Pacific airlines’ need for wide-body aircraft to drive a post-pandemic recovery in demand for the larger jets as the region starts to open up, according to a top executive. The surge in demand isn’t just to replace jets like ones from Airbus’s older A330-family, but also for fleet expansion, Anand Stanley, president of Asia Pacific ...

  Bloomberg Singapore’s retail space rentals are lagging the recovery seen in broader economic activity after the city-state ended Covid-19 curbs. Official data showed retail rents contracted 0.4% from the previous quarter — the third straight quarterly decline since 2021. That compares to an 11% average growth in retail sales during the same period, data compiled by Bloomberg show. Singapore ...