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Walmart warns of higher prices due to tariffs
Walmart warns of higher prices due to tariffs
Business and Economy
by  AFP

Walmart on Thursday reported another solid quarter behind sales gains in the United States, but warned of higher prices and continued uncertainty over President Donald Trump's tariffs. Besides China, Walmart imports heavily to the United States from Mexico, Vietnam, India and Canada.

Struggling steel giant Thyssenkrupp's shares slump after profit hit
Struggling steel giant Thyssenkrupp's shares slump after profit hit
Business and Economy
by  AFP

Thyssenkrupp's shares slumped Thursday after it reported worse-than-expected earnings and its steel business took a fresh hit, in more bad news for the struggling German industrial titan. Once a symbol of German industrial might, Thyssenkrupp has suffered as high costs at home, falling prices for its products and fierce competition from Asian rivals hammered its traditional steel business.