Walmart to try again to sell Asda stake

July 21, 2020

Walmart is in talks with potential buyers in an effort to sell a stake in its Asda business. Talks with interested parties were put on hold when the novel coronavirus pandemic hit the UK earlier this year.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.