Distribute 300 million doses of the Coronavirus Vaccine in india. Says it is paired with an Indian Company to conduct phase three trials in india. A top Indian Health official calls the partnership a winwin for india and the world. In lebanon politicians have missed a deadline to form a new government. The deadline was set by Emmanuel Macron who has been pushing lebanon to an act urgently needed reforms. Lebanons struggling economy took another hit when an explosion killed nearly 200 people, injured thousands and caused losses worth billions of dollars. Global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton, this is bloomberg. It is 1 00 in new york and 1 00 a. M. In hong kong. Welcome to bloomberg markets. Here are the top stories. It is fomc decision day. Unveiling a strategy on inflation. Today they have the opportunity to back up their plan with details as they look to accelerate
A weaker u. S. Dollar as well. 105. 38 to the japanese yen. Gold back about 2000. 003. 35 an ounce right now. Walmart benefiting from online orders but store traffic was hampered by the coronavirus. The companies cfo said comp sales growth slowed last month as the government relief waned. Lets bring in Morgan Stanleys Simeon Gutman. How did the Company Managed to get margins around 42 . Comp. they had a 9 rising tides lifts all boats, but they had gross margin in the u. S. Swing from down to 200 basis points to up this quarter. The primary driver is the mix of food and consumables, which tends to be lower margin, was mother in percentage, and a big shift toward general merchandise. A nice swing in gross profit to hire to cover those higher costs of operating, but the results were better sales and gross margins, allowed them to generate that growth. Vonnie walmart was only really getting going in the last couple of quarters. Did the digital improvements help out this quarter . What does
corporation and multilateralism, as well as the central new member states. with if you live for my headquarters here in moscow, you re watching the weekly here on the international. i m peter scott. some of the top stories from the week just gone, but we start off with the latest from ukraine. the city of several, danielle is now under full control of the guns republics armed forces after ukrainian troops were ordered to withdraw. that includes the as of as all the chemical plants where key of troops had been, again, hundreds of civilians that were trucks in the area are now being evacuated, to safer zones in elsewhere comes amid reports that russian lead forces have entered. the city of lucy chanced, amid incense fighting, as you can see on the mark, blue guns forces have blocked the ukrainian army from the north while the latest advances of russian troops have taken the southern front. earlier this week, our corresponding eagerness done a visit, a strategic village, nearly
effective with the weekly r. c minus pizza scotts. and these are the stories that shapes the week. we start off with the latest on the war in ukraine. the city of several done yet is now under the full control of the guns. republics, armed forces after ukrainian forces were ordered to withdraw. that includes the as all chemical plants where cave troops had been, de, again, hundreds of civilians that were trapped in the area and now being evacuated to safety zones. announcement comes in mid report. that s russian lead forces have entered the city of this chance amid intense fighting. as you can see on this map here, look, guns forces are bought ukraine army from the north. while the places advances of russian troops have taken the southern front, as ukrainian troops withdraw are eager to don off towards the fortifications they left in the area with the special forces of the russian army. we are right now moving towards the positions quite recently captured from the ukrainian t
not despite the president biden. constantly label an increase in price hike, fund the saudi crown, prince and turkish. president announced a new era in bilateral ties. mom had been so mom has been showing the middle east added president biden s trip to be out next month with july for my headquarters in moscow. you re watching all the international monies, peter scotts, and where of each in, in, in, from welcome to the program. and we start this out with the latest developments from ukraine, according to local officials done. yet residential areas have been shared by key of troops during the day. they claim the attacks were carried out with weapons delivered by nato member states to kiev. meanwhile, the 1st foreign vessel has left the port of murder. you pull through a maritime humanitarian corridor opened by the russian navy, the turkish ship. the af concord is now heading to a russian port. new mile, an explosion has occurred as an oil firing bushes. russell region, as a cla