Walmart International has undergone some major continental drift in recent months. On the
retail giant s Tuesday earnings call, executives discussed the company s strategic divestments in the United Kingdom, Japan, and Argentina with investors. Our international team has been busy transitioning the portfolio to higher growth markets, and it s working, Walmart CEO Doug McMillon said.
For the most part, that s meant divesting from less lucrative markets, and doubling down on more promising ventures around the world. In November 2020, Walmart Argentina was acquired by Grupo de Narváez, a corporation that runs retail companies in Argentina, Ecuador, and Uruguay. In the United Kingdom, Walmart completed the sale of its wholly owned grocery chain
Gazans are facing severe water and electricity shortages under Israeli airstrikes
Yelena DzhanovaMay 19, 2021, 02:01 IST
A man walks amid the rubble from buildings that were hit in Israeli airstrikes, on a street in Gaza City, May 16, 2021.AP Photo/Adel Hana
Gazans are facing severe water and electricity shortages as a result of the crossfire between Hamas and
Israel.
Residents in the region are now down to about five hours of electricity use a day, The New York Times reported.
They also have access to about half their normal supply of water.
Palestinians are facing severe water and electricity shortages as deadly conflict between Israel and
Published 19th May, 2021 by Nadine Bloxsome
According to reports, En+ GROUP warmly welcomes the announcement by its listed subsidiary UC RUSAL of its proposal to demerge its high carbon assets and to change its name to AL+.
UC RUSAL has confirmed in principle the demerger of its metal segment into two companies:
UC RUSAL (RUSAL’s management proposed to change the name of the Company to “AL+”. The Board of Directors included this item into the Company’s annual shareholders meeting agenda, scheduled for June, 24th), which will retain the majority of production assets and will be focused on reaching its full potential as a sustainable business, developing inert anode technology in pursuit of carbon free aluminium production; and a newly created entity (“NewCo”) (name to be confirmed), consisting of UC RUSAL’s higher carbon assets, including alumina refineries located in Russia (Achinsk, Pikalevo, Bogoslovsk and Ural) and smelters in Bratsk, Irkutsk, Novokuznetsk, Volgog