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Walmart reports another solid quarter as consumers focus on value
Walmart raised its full-year forecast on Thursday as it posted another quarter of solid results, grabbing market share in groceries and other staples against a backdrop of inflationary pressures. Walmart lifted full-year projections and now sees full-year earnings of between $6.36 and $6.46 a share, up 26 cents from the prior range.
Walmart raises 2024 forecast after 'strong' quarter
Walmart raised its full-year forecast on Thursday following a jump in quarterly profits, pointing to solid increases at US stores and e-commerce. Walmart lifted full-year projections and now sees full-year earnings of between $6.36 and $6.46 a share, up 26 cents from the prior range.
Ballgowns, surveillance and cloning for sale at China pet fair
A shimmering, 1.5-metre-long golden ballgown stood pride of place in a Shanghai exhibition hall Thursday -- and for the cool price of $13,700, your dog could be the lucky animal to leave Pet Fair Asia wearing it. - 'Together forever' with tech - Pet Fair Asia is taking place over several days, with organisers saying its scale this year is unprecedented.
Israel says US okays 'landmark' missile defence deal with Germany
Israel said the United States on Thursday approved the "landmark" sale of the Arrow 3 hypersonic missile defence system to Germany, in the country's biggest military deal worth $3.5 billion. "The Israeli Ministry of Defence, German Federal Ministry of Defence, and Israel Aerospace Industries will sign the landmark $3.5 billion defence agreement," it said.
China's property sector crisis fuels fears of contagion
Troubled Chinese property giant Country Garden risks defaulting on its bond payments next month, which could have disastrous consequences for the world's second-largest economy. Last week, Country Garden was unable to make two bond payments.
Israel says US okays Arrow 3 missile defence system sale to Germany
Israel said the United States on Thursday approved the sale of the Arrow 3 hypersonic missile defence system to Germany, in the country's biggest ever military deal worth $3.5 billion. The Arrow 3 system -- an interceptor designed to shoot down ballistic missiles above the Earth's atmosphere -- is jointly developed and produced by the Israel and the United States.
Ireland's fishermen fear species migration as sea temperatures soar
When he finished school Daragh McGuinness knew he wanted to join a fishing crew but now, at 23, he fears climate change may kill off the industry that has sustained his family for generations. "It could really finish the fishing, in Ireland anyway at least."
Asia extends global stocks retreat as US rate, China fears build
Asian stocks joined a global sell-off Thursday on fresh worries the Federal Reserve will hike interest rates again, while China's economic woes continued to shred traders' nerves. The selling was intensified by worries about China as authorities struggle to revive a stuttering post-Covid recovery.
'In a sauna': Hong Kong's labourers swelter as temperatures rise
Dressed in a full-body protective suit, an elderly pest control worker could last no more than 15 minutes spraying pesticide along a Hong Kong pavement before the summer heat became too much. "(Hong Kong) has been relatively slow in setting up protections," Chan said.
AFP
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