Walmart shifts to India from China for cheaper imports

Walmart shifts to India from China for cheaper imports

Walmart imports more from India, reducing reliance on China 60% of shipments came from China in Jan-Aug 2023 vs 80% in 2018 India is key component of Walmart’s supply chain, Walmart says LONDON/NEW YORK, Nov 29 (Reuters) – Walmart (WMT.N) is importing more goods to the United States from India and reducing its reliance upon …

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Explainer: What you need to know about Argentina’s presidential election run-off

Explainer: What you need to know about Argentina’s presidential election run-off

BUENOS AIRES, Nov 17 (Reuters) – Argentina will vote in a run-off presidential election on Sunday, with Peronist Economy Minister Sergio Massa taking on libertarian outsider Javier Milei to determine the future of the region’s second largest economy. Massa or Milei will replace outgoing center-left President Alberto Fernandez, also of the Peronist movement founded by …

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