Walmart store, online sales soar on higher demand

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Source: Dukascopy Bank SA
Walmart's stores and online sales surged to their record in Q1, driven by higher demand for cleaning supplies and food that grew during the lockdowns, sending the company's shares up 3.4%.
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Wed, 20 May 2020 13:54:14 GMT

Nestle plans footprint expansion in China

On Wednesday, the food giant Nestle announced about its plans to invest $103.58M into building a plant-based food facility located in China, as the Swiss group seeks to expand its footprint in the Asian country.

Wed, 20 May 2020 12:36:49 GMT

Rolls-Royce to cut 9K jobs in air travel drop

Britain's Rolls-Royce is planning to slash at least 9K jobs, which is over a sixth of the company's workforce, in the air travel slump caused by the coronavirus pandemic.

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