Retail

The raise comes amid US President Joe Biden’s plans to raise the national minimum wage to $15 per hour by 2025.

The verdict is a win for Amazon which says Future Group’s sale to Ambani’s Reliance Industries violates its contract.

Food trucks, bars and taverns were hit the hardest by lockdowns and restrictions, with sales dropping 48 percent.

Walmart made a hefty profit of $560bn last year as Americans stocked their pantries during the height of the pandemic.

United States retail sales surged 5.3 percent in January, surpassing analysts’ expectations.

Florists in Paris are trying to convince their customers to choose locally grown flowers over roses.

Consumer price index data show US core inflation eased in January, but analysts are debating what comes next.

Investors are scrutinising high-stakes retail-sector court case for legal precedents about validity of foreign rulings.

Regulator bans Kishore Biyani for alleged trade in shares of Future Retail ahead of the release of price-sensitive data.

EBay said it ended the fourth quarter of 2020 with 185 million active buyers, an increase of 7 percent.

Amazon’s skyrocketing profits reflect the holiday shopping season and pandemic-fueled trend of shopping online.

The confidence index remains well below pre-pandemic levels, but vaccination programmes and stimulus provide a boost.

China is likely to have been the only large economy to grow last year as it rebounded from COVID lockdowns.

The Federal Reserve warned that rising COVID-19 infections have dampened the optimism sparked by vaccines.