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RIYADH (Reuters) - Saudi Arabia has detained 10 more people in a spying case it announced in March that it said was linked to Iran, state television reported on Tuesday. `Initial investigation carried out by the authorities led to the detention of 10 others for involvement in spying activities,` state television news channel al-Ekhbariya reported, citing the Interior Ministry. It said the new group includes eight Saudis, a Lebanese and a Turk. In March Turki said Saudi security forces had arrested 18 people, including 16 Saudis, an Iranian and a Lebanese. ...
Tuesday, May 21, 2013 14:00 |
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KABUL, Afghanistan (AP) — An international rights group says the number of Afghan women and girls jailed for `moral crimes` has risen dramatically in the past 18 months.
Tuesday, May 21, 2013 12:53 |
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ATLANTA (AP) — Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Tuesday, May 21, 2013 11:59 |
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ATLANTA (AP) — Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Tuesday, May 21, 2013 11:36 |
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The owners of the 18 Mexican first-division soccer clubs have voted to bar one person or one company from owning more than one team.
Tuesday, May 21, 2013 05:45 |
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(Reuters) - Wal-Mart Stores Inc`s quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year. The world`s largest retailer said U.S. sales suffered from a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll tax increase. Shares of Wal-Mart fell 2.3 percent in premarket trading to $78. The stock had hit a new high of $79.96 on Wednesday. Wal-Mart earned $3.78 billion, or $1.14 per share, in the first quarter ended on April 30, up from $3.74 billion, or $1. ...
Thursday, May 16, 2013 12:43 |
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(Reuters) - Wal-Mart Stores Inc said on Tuesday that it would conduct in-depth safety inspections at all 279 Bangladesh factories with which it works and publicly release the names and inspection information, as pressure mounts on retailers to ensure worker safety after April`s deadly building collapse. Wal-Mart said it would also have Bureau Veritas provide fire safety training for every worker in every factory in Bangladesh that produces its goods. Bureau Veritas is a European testing and inspection company that, on behalf of Wal-Mart, assesses factories and trains workers in Bangladesh. ...
Tuesday, May 14, 2013 23:08 |
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By Jessica Wohl (Reuters) - An accord designed to prevent another deadly disaster in Bangladesh`s garment industry drew sharp criticism from a major U.S. retail trade group on Wednesday, which said it would constrain legal rights of U.S. companies, even as more European retailers signed on to the pact. Wednesday is the deadline for retailers to decide whether to sign onto a fire-and-building safety agreement for Bangladesh, led by labor groups such as Europe`s IndustriALL. ...
Wednesday, May 15, 2013 19:58 |
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By Phil Wahba and Jessica Wohl NEW YORK/CHICAGO (Reuters) - Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy`s Inc to Wal-Mart Stores Inc . Wal-Mart reported a 1.4 percent drop in sales at Walmart U.S. stores open at least a year, and gave a profit forecast for the second quarter that missed Wall Street estimates. The world`s largest retailer expects same-store sales at its namesake U.S. discount chain to be up 2 percent at best in the current quarter. ...
Thursday, May 16, 2013 23:00 |
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By Jessica Wohl (Reuters) - Wal-Mart Stores Inc posted weaker-than-expected quarterly earnings on Thursday due to poor U.S. sales and said its profit for this quarter might also miss Wall Street`s forecast as it spends more on its foreign bribery probe, e-commerce and international operations. Everything from tax pressures on shoppers to a cool start to spring led to an unexpected 1.4 percent drop in sales at Walmart U.S. stores open at least a year. (Graphic on Wal-Mart earnings http://link.reuters.com/qan28t) Shares of the world`s largest retailer were down 2.1 percent at $78. ...
Thursday, May 16, 2013 17:13 |
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