TikTok to partner with TalkShopLive for US live shopping, Financial Times reports

Oct 1 (Reuters) – TikTok is due to enter a partnership with Los Angeles-based TalkShopLive to launch its live shopping platform in North America by outsourcing its operations, the Financial Times reported on Saturday citing two people familiar with the operations. The companies are still finalizing the arrangements, the FT report said, adding that no … Read more

Factbox: US companies brace for Hurricane Ian

Sept 28 (Reuters) – Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Ian has strengthened into an extremely dangerous Category 4 storm, with maximum sustained winds of 155 miles per hour (250 km per hour), the Miami-based National … Read more

Brazil’s Atlas ‘superfoods’ business bolstered by capital market incursion

Register now for FREE unlimited access to Reuters.com Register SAO PAULO, Sept 21 (Reuters) – Privately owned grain trader Atlas has raised 100 million reais ($19.39 million) in the local capital market so far this year to grow its Brazilian “superfoods” business, a market where large trading firms will not venture , an executive said. … Read more

Walmart plans cautious holiday hiring amid slowing US economy

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 21 (Reuters) – Walmart Inc (WMT.N) sounded a cautious note about holiday retail sales on Wednesday, planning to hire fewer workers than last year as it prepares for the critical season amid a slowing economy. The largest US retailer announced plans to add … Read more

Coles to sell fuel and convenience business to Viva Energy for $200 mln

Logo of refiner and fuel distributor Viva Energy, is pictured in Corio, Victoria, Australia, June 28, 2020. REUTERS/Sonali Paul Register now for FREE unlimited access to Reuters.com Register Sept 21 (Reuters) – Coles Group (COL.AX) has agreed to sell its fuel and convenience retailing unit to power producer Viva Energy (VEA.AX) for A$300 million ($200.64 … Read more

Queen’s death won’t further weaken the retail market, says John Lewis boss

People walk past a temporarily closed John Lewis department store on Oxford Street in London, Britain, March 24, 2021. REUTERS/John Sibley Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 15 (Reuters) – The boss of Britain’s John Lewis Partnership said on Thursday she did not think the death of Queen Elizabeth would … Read more

Bond issuance spree as US companies rush before more rate hikes

Register now for FREE unlimited access to Reuters.com Register Sept 8 (Reuters) – Companies with the highest credit ratings in the world are engaged in a now-or-never US dollar bond issuance spree to get ahead of a continued spike in borrowing costs and as liquidity in the market is expected to dwindle in the next … Read more

Walmart latest to tap bond market with $5 billion offerings

Shopping trolley is seen in front of Walmart logo in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 7 (Reuters) – Walmart Inc (WMT.N) will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap the debt market ahead … Read more

Standard Chartered rolls out digital bank in hot Singapore market

A view of a Standard Chartered bank branch in Singapore October 11, 2016. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 1 (Reuters) – Standard Chartered (STAN.L) and FairPrice Group on Thursday rolled out their digital bank focusing on Singapore’s retail segment, a move that comes on the heels of … Read more

China’s Luckin plans store expansion, remains committed to the US market

Women leave a store of the Chinese coffee house chain Luckin Coffee in Beijing, China, July 8, 2020. Picture taken July 8, 2020. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register HONG KONG/BEIJING, Aug 9 (Reuters) – Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, … Read more