Often tagged as Africa’s Amazon.com, Jumia Technologies has been able to grow in markets largely untapped by the U.S. heavyweight, which is hampered by a lack of distribution infrastructure on the continent.
Walmart will offer reusable shopping totes at the checkout counters of all its U.S. stores for the first time as the world’s largest retailer starts to move away from the use of plastic bags.
Deliveries to rental-car companies and other non-retail buyers accounted for more than a third of total sales last month for Ford Motor Co. and Nissan Motor Co.
Boeing’s plan to cut its 737 jetliner production this year is expected to have negative spillover effects across the aerospace industry, from parts suppliers to engine makers and even airlines.