Walmart’s U.S. e-commerce, comparable sales growth strong, shares jump
Walmart Inc on Thursday posted a 40 percent rise in U.S. e-commerce sales, higher than the 33 percent growth witnessed in the previous quarter, and its comparable sales grew the most in a decade, sending its shares up 9 percent in premarket trade.
Futures rebound on strong earnings, trade talk hopes
U.S. stock index futures rose on Thursday, helped by upbeat earnings, a dip in the dollar and after China said it will hold trade talks with the United States later this month.
Turkish lira firms before finance minister’s presentation
The Turkish lira strengthened more than 3 percent on Thursday before a presentation by Finance Minister Berat Albayrak to investors, shrugging off U.S. comments ruling out the removal of steel tariffs on Turkey even if it frees a U.S. pastor.
China, U.S. to hold lower-level trade talks in late August
(This version of the August 16 story corrects date of talks reported by the Wall Street Journal to Aug 22 and 23, instead of Aug 21 and 22, in paragraph 4)
Shares, emerging market currencies steady after fresh mauling
Bruised world shares and emerging market currencies fought to regain their footing on Thursday, after China said it will hold trade talks with the United States later this month and Turkey’s lira continued its recovery run.
In eye of the storm, Turkey’s new finance chief faces credibility test
Turkish Finance Minister Berat Albayrak faces a key credibility test on Thursday when he hosts a conference call with global investors to reassure them that policy makers can contain the country’s worst currency crisis since 2001.
Turkish lira firms against dollar ahead of Albayrak presentation
The Turkish lira rallied 3 percent on Thursday ahead of a presentation by Finance Minister Berat Albayrak to investors, shrugging off U.S. comments ruling out the removal of steel tariffs on Turkey even if it frees a U.S. pastor.
Trade unions unite in protest at likely new Air France KLM boss
The major trade unions representing Air France KLM staff issued a joint statement on Thursday to protest the likely choice of Air Canada executive Benjamin Smith as Air France KLM’s new chief executive.
UK regulator sticks to 14 pounds a share floor for Sky from Disney
Britain’s Takeover Panel said on Thursday it had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share to buy UK pay-television group Sky.
Exclusive: Amazon considering UK insurance comparison site – sources
Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s financial services.
