Shortly after Target announced it is pulling out of Canada, Walmart says it will expand its distribution network north of the border. Walmart is planning to invest $270.1 million to buy 29 supercenters and expand its reach in Canada.
Yesterday, Apple became the first US company to close at more than $700 billion in market value.
The White House is filing a trade case against China for offering illegal export subsidies to companies in 7 industries. The Obama administration says China provided at least $1 billion in illegal subsidies to aid exporters over 3 years.
London-based payment and big data technology company Remitia Limited has formed an alliance with Boston-based Elcom International to develop new methodology and technology to enhance connectivity with buyers among the SME market.