Walmart Reports Strong Sales Growth, Raises Outlook

The South African Reserve Bank has lowered its main repo rate to 6.75%, responding to expectations of a decrease in inflation amid anticipated economic growth. This decision reflects the bank's strategy to support the economy while managing inflationary pressures.

Walmart has reported better-than-expected earnings and raised its guidance, indicating that the impact of tariffs has been less severe than anticipated. The company's performance reflects a positive sentiment among consumers, who are increasingly seeking value amid economic uncertainties.

Job growth in the U.S. accelerated in September, defying expectations as the economy approached a government shutdown. This positive trend indicates resilience in the labor market despite ongoing economic challenges.

BNP Paribas has raised its capital buffer target and announced a €1.15 billion buyback program to be launched by the end of the month. This move is aimed at reassuring investors about the bank's financial stability and growth prospects.

BNP Paribas has increased its capital buffer target and announced a €1.15 billion buyback program to be initiated by the end of the month. This decision aims to bolster investor confidence in the bank's financial stability and growth prospects.

Walmart has announced its decision to move its stock listing from the New York Stock Exchange (NYSE) to Nasdaq after 55 years. The company cited Nasdaq's 'technology-forward' approach as a key reason for the transition, indicating a strategic shift in its market presence.

GE Appliances has announced a $150 million investment in U.S. suppliers as part of its reshoring initiative. The company aims to engage vendors earlier in the design process to enhance collaboration and efficiency.

Walmart has reported a rise in sales as consumers increasingly seek savings amid economic uncertainties. The company's performance reflects a positive sentiment among shoppers who are willing to spend when they perceive good value. This trend has led Walmart to raise its sales outlook, indicating confidence in its market position.