Walmart said that prices for shoppers would rise due to higher tariffs on goods from China as the world’s largest retailer reported its best comparable sales growth for the first quarter in nine years. Bentonville, Arkansas-based Walmart called out the impact of tariffs on consumers
China is planning to lower wholesale aviation fuel price as early as July, part of Beijing’s pledge to reduce business costs in a slowing economy, said an oil industry executive and a spokeswoman with the Chinese aviation authority. The cuts will apply to both ex-refinery prices and rates charged
UAE Banks Federation (UBF) has unveiled the results of its 2018 Trust Index Survey, which has been recently completed, revealing that 74% of respondents had high trust in the UAE banking sector, up from 68% in 2017.
A man who beat up a police lieutenant after being caught hawking alcohol in a car bearing stolen number plates has convinced a jury to commute his punishment.
With the newly opened branch on a strategic location for three emirates — Dubai, Sharjah and Ajman — the Union Coop has announced to provide them with food and non-food commodities at a comparatively lower price range of 15 to 20%.
US economic growth nudged up in the third quarter and the economy appears to have maintained the moderate pace of expansion as the year ended, supported by a strong labour market.
In an effort to lift the domestic Micro, Small and Medium Enterprises (MSMEs), keep imports down and raise revenue, the Indian government on Saturday hiked customs duty on several products,
A panel of agriculture scientists and farming community advocates, including a local government official, said no one would get hungry if fully supported were the interest of farmers to sustainably provide healthy produce for consumers who ought to be educated on their healthy food requirements.
The UAE’s only private water and power company, Utico, is offering 100 per cent deferment of utility bills to consumers who have lost their jobs because of COVID-19 crisis and would like to stay in the country to find new jobs.