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Home > Latest

Lates News

date
18/05/2025
On Sunday, there was an explosion at the Baiji Refinery in Iraq.
Latest
3 m ago
Tariff easing releases positive signals, foreign giants strengthen the main line of diversified asset allocation.
10 m ago
Russian authorities seize an oil tanker departing from Estonia.
16 m ago
Benson blamed the debt problem on the Biden administration, emphasizing that current policies are focused on cutting expenses.
18 m ago
Beyert also revealed that he had a phone call with Walmart CEO Doug McMillon on Saturday to discuss the latest developments of the world's largest retailer's plan to raise prices due to rising import tariffs. U.S. President Donald Trump had previously stated on Saturday that Walmart should stop attributing price increases to tariffs and instead "absorb the cost of tariffs." "In fact, Walmart will, as you say, absorb some of the tariff costs, just like they did in 2018, 2019, and 2020," Beyert said. "Overall, we see that service inflation is decreasing and inflation is falling for the first time in four years." Beyert emphasized that he did not pressure Walmart: "Doug and I have a good relationship, so I just want to hear directly from him instead of through second- or third-hand information from the media. All of this comes from their financial report conference calls, and companies must make worst-case assumptions during financial reports."
18 m ago
Bessemer also revealed that he had a phone call with Doug McMillon, CEO of Walmart, on Saturday to discuss the latest developments of the world's largest retailer's plans to raise prices due to rising import taxes. U.S. President Donald Trump had previously stated on Saturday that Walmart should stop blaming price increases on tariffs and instead "absorb the tariff costs." "In fact, Walmart will, as you say, absorb some of the tariff costs, just as they did in 2018, 2019, and 2020," Bessemer said. "Overall, we see that service inflation is decreasing, and inflation is falling for the first time in four years." Bessemer emphasized that he did not pressure Walmart: "Doug and I have a good relationship, so I just want to hear directly from him, rather than second or third-hand information from the media. These all come from their financial earnings calls, where companies have to give the worst assumptions."
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