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BLOOMBERG NEWS ON FASTMOVING

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Claire's Accessories to file for bankruptcy

Claire's Accessories to file for bankruptcy

12/03/2018 - 11:36
US-based accessory retailer Claire's is reportedly on the verge of collapse as it prepares to file for bankruptcy.  read more
Jet boosts assortment with Wal-Mart brands

Jet boosts assortment with Wal-Mart brands

02/03/2017 - 09:19
E-commerce startup Jet, now owned by Wal-Mart, is bringing in a slew of Wal-Mart brands, including “Great Value,” “Equate” and “Sam’s Choice,” to bolster its relatively thin assortment, Bloomberg reports. read more
Walmart cuts growth forecast as currency hampers sales - USA

Walmart cuts growth forecast as currency hampers sales - USA

19/02/2016 - 13:29
New York - Walmart Stores, the world’s largest retailer, lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.  read more
Richest South Africans

Richest South Africans

07/11/2014 - 11:26
Elon Musk is the richest South African in the world – and while the former PayPal executive no longer has any real business ties to the country, his roots still lie squarely on local soil. read more
South Africans pay the most for petrol

South Africans pay the most for petrol

05/11/2014 - 09:21
While South African may not have the highest petrol price in the world, it pays the biggest proportion of the average annual income at the pumps, according to Bloomberg’s Petrol Price rankings. read more
U.K. retailers seek more antitrust damages from MasterCard - U.K

U.K. retailers seek more antitrust damages from MasterCard - U.K

30/09/2014 - 09:52
London – A group of U.K. retailers led by W.M. Morrison Supermarkets plc is reportedly seeking to extend the period for which it can claim antitrust damages against MasterCard from 2006 to 1992. According to Bloomberg, this could add as much as $1.6 billion to the damages the retailers are seeking. read more
Wal-Mart spokesperson resigns - USA

Wal-Mart spokesperson resigns - USA

16/09/2014 - 13:23
Washington - Wal-Mart’s chief spokesperson David Tovar resigned after the company allegedly found that he had lied about his academic record in his resume, Bloomberg reported, citing a person familiar with the matter. read more
Consumer inflation in the spotlight

Consumer inflation in the spotlight

21/11/2011 - 09:49
A Bloomberg consensus of economists expects inflation’s consumer price index to have grown to 5,9% last month compared with the same month last year.  read more