The Business Times
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Walmart

International

Trump says Walmart will lower prices on ground beef, other items

Walmart owns about 71.8% of PhonePe and had plans to sell as many as 45.9 million shares in the offering.
International

Walmart’s PhonePe halts India IPO plan as market slump deepens

Walmart has had a strong run in recent years, attracting cost-conscious consumers with low prices and a wide product assortment.
Companies & Markets

Walmart will pay out 121% of annual bonuses to US corporate staff

Markets have cheered John Furner’s appointment, following his leadership of Walmart’s US business through the pandemic and his efforts to adapt to AI-driven changes ahead of rivals.
International

New Walmart CEO begins tenure with cautious outlook after another quarter of steady sales

Nvidia CEO Jensen Huang has lost US$8 billion since late January as mounting anxiety over the costs and potential of AI weigh on the company’s shares.
Companies & Markets

Nvidia’s Jensen Huang falls out of world’s 10 richest ranking

Indian companies are some of biggest suppliers of apparel, footwear and jewellery products to the US.
Global Enterprise

Ralph Lauren, Walmart suppliers among winners in India-US trade deal

Walmart’s addition follows its move last year to shift its stock listing from the New York Stock Exchange to Nasdaq, the largest exchange transfer on record.
Companies & Markets

Walmart to join Nasdaq 100 on Jan 20 as AstraZeneca exits

Walmart, which has been on the NYSE since 1972, said it expects its shares to begin trading on the Nasdaq Global Select Market, the highest of the exchange’s three tiers, on Dec 9.
Global Enterprise

Walmart jumps to Nasdaq in biggest exchange transfer on record

Cracking the trillion-dollar threshold would vault Walmart into a rare group of stocks, one that remains overwhelmingly dominated by technology names.
Global Enterprise

Walmart on path to trillion-dollar status after OpenAI alliance

Walmart has been leaning heavily into AI across its entire operation, rolling out tools for employees, suppliers and shoppers.
Telcos, Media & Tech

Walmart partners with OpenAI to offer shopping on ChatGPT

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