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Walmart lifts outlook for sales, earnings despite tariffs
Walmart lifts outlook for sales, earnings despite tariffs
by  AFP

Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of goods imported to the United States rose after President Donald Trump's wide-ranging tariffs this year. In an earnings presentation released Thursday, Walmart maintained that it had "strong inventory management," but that there were also higher costs for imported goods. elm-bys/aha

Africa could become 'renewable superpower', says Guterres
Africa could become 'renewable superpower', says Guterres
by  AFP

Africa has everything it takes to become a "renewable superpower", UN head Antonio Guterres said Thursday, as he called for greater investment in green energy across the resource-rich continent. "Africa has everything it takes to become a renewable superpower, from solar and wind to the critical minerals that power new technology," he said.

Asian markets creep up as investors await key speech
Asian markets creep up as investors await key speech
by  AFP

Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer signals about future interest rate cuts in the United States. Despite the building unease, shares in Seoul were up Thursday morning, bolstered by a rise in Samsung's price.