US

Maersk Beats Q2 Revenue Expectations, Lifts 2022 Guidance

Shipping group Maersk has raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freig...

LVMH Beats Expectations Despite China Drag On Sales

Moët & Chandon owner LVMH is optimistic about high-end spending in the United States but it struck a cautious note on the pace of recovery in...

Walmart Revises Outlook, Cites 'Double Digit' Inflation

Retail giant Walmart has said that it expects comparative sales for the second quarter of its financial year to be 6% higher, however it expects its profit...

Walmart To Add Canoo Electric Vehicles To Its Delivery Fleet

Walmart Inc has struck a deal with Canoo Inc to buy 4,500 electric vehicles as part of the US retailer's goal to achieve net-zero emissions by 2040.

Costco Wholesale Corporation Acquires Minority Interest In Costco-Taiwan

US-based Costco Wholesale Corporation has purchased 45% minority interest in its joint venture Costco-Taiwan for $1.05 billion.

Walgreens Posts 76% Decline In Profit In Third Quarter

Drugstore chain Walgreens Boots Alliance Inc posted a 76% fall in quarterly profit, hurt by its opioid settlement with Florida and a decrease in US ph...

Juul E-cigarettes To Be Ordered Off US Shelves: Report

The US Food and Drug Administration is preparing to order Juul Labs Inc to take its e-cigarettes off the market in the United States, the Wall Street Journ...