Walmart Keeps Grocery Prices Steady amid Inflation

Dataweave analyzed prices of 589 products over 14month period Walmart39;s avg. basket price rose 3 vs avg. inflation of 7.5 Walmart outpriced rivals on basket of food items where inflation was fiercest NEW YORK, May 5 Reuters A new analysis of Walmart39;s pricing strategy reveals it has consistently kept grocery prices lower than competitors while […]
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Oil Prices Climb as Recession Fears Begin to Fade

U.S. CPI, China economic indicators in focus this week Economic concerns dominate market sentiment ANZ Goldman maintains price forecast, says fears 39;overblown39; SINGAPORE, May 8 Reuters Oil prices rose on Monday as fears of a recession in the U.S., which drove prices down for three straight weeks for the first time since November, started receding. […]
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Germanys Top Union to Enter Thyssenkrupp Defence Sales Talks

Union is open to PE investment in warship division IG Metall wants to protect jobs, workers39; rights Does not see CEO issue slowing process Thyssenkrupp shares rise after comments FRANKFURTDUESSELDORF, May 5 Reuters Influential labour representatives are open to private equity players taking a stake in Thyssenkrupp39;s warship division Marine Systems TKMS and will set up […]
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Spain Gives Vivendi Approval to Raise Stake in Media Group Prisa

MADRID, May 5 Reuters Spanish media company Prisa said on Friday its secondlargest shareholder Vivendi, had obtained the Spanish government39;s goahead to raise its stake in the publisher of the El Pais newspaper. The Spanish government has given authorisation for Vivendi to exchange the Prisa convertible bonds it acquired in February into equity, Prisa said in […]
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Apples Results Send Shares Surging to NineMonth High

May 5 Reuters Apple39;s stock surged nearly almost 5 on Friday, hitting a ninemonth high and on track for its biggest oneday gain since November after the iPhone maker39;s quarterly results cheered investors worried about a potential recession. The rally in Apple39;s shares buoyed optimism across Wall Street, helping lift the SP 500 and Nasdaq over 1.5 after […]
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