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Allison Kirkby expects the likes of Apple and Samsung to react to chip shortages by raising handset prices
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Walmart's CFO John David Rainey said higher tax returns helped offset the effect of higher gas prices in the first quarter.
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The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods.
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Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.
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Ukraine ally Britain eases new sanctions on Russian oil as fuel prices surge over Iran war AP NewsSee more headlines & perspectives on Google News
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E.l.f. Beauty says it will cut prices on some products, following tariff-related increases last year and concerns about the rising cost of gas.
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