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Dassualt Systemes to acquire Dutch firm Quintiq for $337 million

Last Updated: Thursday, July 24, 2014, 22:10

French software company Dassault Systemes today said it will acquire Netherlands-based firm Quintiq for around 250 million euros (about USD 337 million).

Walmart to roll out B2B e-com; studying FDI in multi-brand

Last Updated: Friday, June 13, 2014, 20:09

US retail giant Walmart will roll out business-to-business (B2B) e-commerce operations in select locations in India next month and will continue to 'study the environment' for FDI in multi-brand retail.

Walmart.Com names new US chief

Last Updated: Tuesday, June 10, 2014, 23:54

Walmart.Com US CEO and President Joel Anderson is leaving at the end of the month to take a job as president of discount-store chain Five Below Inc.

Five people, including 2 police, dead in Las Vegas ambush shooting

Last Updated: Monday, June 09, 2014, 08:55

An armed man and woman shouting about a "revolution" opened fire and killed two Las Vegas policemen who were eating lunch in a pizza parlor on Sunday, then fatally shot a civilian in a nearby Walmart store before killing themselves, police said.

Speed up pace of change: Wal-Mart CEO

Last Updated: Saturday, June 07, 2014, 09:14

Wal-Mart has more than tripled the number of items it sells online to more than 7 million from 2 million just 18 months ago.

Walmart's 'iMade in USA' push exposes strains of manufacturing rebirth

Last Updated: Wednesday, June 04, 2014, 13:01

When Walmart pledged last year to buy an extra USD 250 billion in U.S.-made goods over the next decade, it appeared to be just what was needed to help move America`s putative manufacturing renaissance from rhetoric to reality.

Walmart announces 30 new outlets in China

Last Updated: Tuesday, May 20, 2014, 16:52

The world's largest retailer Walmart, which has over 400 outlets in China, plans to invest $94 million and open 30 new stores.

Asia shares slip after Wall Street losses, weak Europe data

Last Updated: Friday, May 16, 2014, 13:35

Asian markets were mixed Friday following another sell-off on Wall Street and worse-than-expected eurozone data while Mumbai hit a record high on expectations pro-business candidate Narendra Modi will become India`s next prime minister.

WalMmart earnings suffer post-winter chill

Last Updated: Thursday, May 15, 2014, 18:19

Walmart Stores on Thursday reported lower earnings that missed expectations as sales at flagship US stores edged lower due to cold winter weather.

Walmart spent over $109 mn in FY14 on anti-corruption drive

Last Updated: Monday, May 05, 2014, 19:11

US retail giant Walmart spent more than USD 109 million in fiscal 2014 to enhance its global anti-corruption compliance programme and added personnel for the same in many countries, including India.

Walmart spent $334 mn in severing ties with Bharti Enterprises

Last Updated: Monday, April 28, 2014, 11:42

US retail giant Wal-Mart, which ended 6-year-old joint venture with Bharti Enterprises last year, spent USD 334 million to break ties with the Indian firm.

Amazon steps up US lobbying for Indian FDI; Walmart on halt

Last Updated: Sunday, April 27, 2014, 14:15

After supermarket giant Walmart, it is online retail major Amazon which appears to be lobbying hard with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".