Thursday , 18 December 2025

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Walmart sales rise on stockpiling amid virus

Bloomberg Walmart Inc jumped after reporting coronavirus-related stockpiling led to a surge in quarterly sales, underscoring the company’s strong position amid widespread carnage in the US retail sector. Comparable-store sales, a key retail metric, increased 10% for US Walmart stores in the period, compared with the 8.6% estimate compiled by Consensus Metrix. That’s the fastest pace of growth in almost …

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Lufthansa warns of urgent need for bailout as talks drag on

Bloomberg Deutsche Lufthansa AG’s management said the need for a multibillion-euro coronavirus bailout was becoming urgent as talks with the government in Berlin drag on. In a letter to employees, the airline warned cash reserves continued to shrink while it negotiates the 9 billion-euro ($9.9 billion) rescue package. Lufthansa’s board said it hoped the government would find the “political will” …

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US, Europen stock futures mixed on vaccine doubts; yields, oil drop

Bloomberg US and European equity futures were mixed along with stocks in Asia as reports on Moderna Inc.’s coronavirus vaccine added to concern that a successful way to beat the pandemic remains a long way off. Treasuries held an overnight advance. Japan and India saw the bulk of gains in a mixed Asian session, with Shanghai and Hong Kong in …

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