The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart Inc and Target Corp , said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc .
Futures linked to the S&P 500 and Dow dipped on Friday as data showed domestic retail sales growth slowed more than expected in July, adding to worries about a wobbly post-pandemic economic recovery in the absence of a new U.S. fiscal stimulus bill.
U.S. worker productivity increased at its fastest pace in 11 years in second quarter as hours plunged amid the COVID-19 pandemic, leading to an acceleration in labor costs.
Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding , has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering.
WASHINGTON: U.S. retail sales in July increased less than expected and could slow further in the months because of spiraling new COVID-19 infections and a reduction in unemployment benefit checks. Retail sales rose 1.2per cent last month after advancing 8.4per cent in June, the Commerce Department ...
E-commerce conglomerate Alibaba , handset maker Xiaomi and WuXi Biologics will enter Hong Kong's Hang Seng Index next month, the benchmark's publisher announced on Friday evening.
Walmart's e-commerce platform Flipkart has partnered with a startup backed by spirits giant Diageo to deliver alcohol in two Indian cities, according to government letters seen by Reuters, months after Amazon planned a similar foray.
SHANGHAI: Chinese shoppers on Friday (Aug 14) expressed dismay at news that traces of the coronavirus had been found on imported frozen food, with some saying they would avoid the products. Two cities in China on Thursday found the virus in frozen chicken wings imported from Brazil and shrimp...
SINGAPORE: Transport giant ComfortDelGro posted a net loss of S$6 million in the first half of the year amid "massive" destruction brought on by the COVID-19 outbreak. With governments around the world imposing lockdowns and other restrictions to stem the spead of the outbreak, demand for taxi and ......
Chinese firms like Xiaomi are facing delays getting approvals from India's quality control agency for their goods, five industry sources told Reuters, as the business environment deteriorates after a clash on their Himalayan border.
