All of that bodes well for walmart which is forecast to report a 4 rise in sales. Results from the Worlds Largest retailer should also offer a glimpse into demand for back to school items. Traders are hoping that, despite higher borrowing costs, it will show that us shoppers are still willing to spend on essentials. Staying with retail, jd. Com beat analysts forecast for Second Quarter revenue which rose more than 7 to nearly 40 billion. The chinese e commerce giants Focus On Lower priced products paid off in the fight for customers amid an economic slowdown. The company said it attracted more vendors to its platform and its users shopped more frequently as It Product Range expanded. It was a different story however for tencent where Earning Results came in below estimates in the Second Quarter. Revenue grew 11 to just over 20 billion. Tencent s core Gaming Business experienced weaker than expected growth. Domestic Gaming Revenue was little changed, a sign that the economic slowdown in
Has killed at least one civilian and wounded five. Officials said the missile hit an education centre. Earlier on President Putin spoke at the annual Navy Day Parade in st petersburg, the same city he was meeting african leaders. There was a flotilla of ships present and the russian president gave a speech in which he said the russian navy baguette that 30 new battleships and thanking naval trips for their services and the love of the motherland. Lets take a listen to some of putins speech. Translation patriotism is at the core of the particular Neighbour Culture which helps them fulfil the tasks and evokes pride among our people in the strong fleet. This pride proves that the people of russia can hold the power on the seas. Today, the Russian Fleet is solving the tasks of National Policy and increasing its strength. This year alone, 30 new battleships are joining the navy one of which has been named after a glorious seafarer and it is great that we have this tradition to give the name
Unit, general abdourahmane tchiani, declared himself nigers new leader, saying insecurity, economic woes and corruption prompted him to seize power. The us, the eu, and france nigers former colonial ruler say they wont recognise the coup leaders, with some suspending Security Cooperation and budgetary aid. There are concerns among many countries over which states nigers new leader will align with potentially moving closer to russia as happened after coups in neighbouring burkina faso and mali. Later, leaders from the 15 countries that make up ecowas, the Economic Community of west african states, and the eight leaders from the west African Economic and monetary union, will meet to discuss their response. Earlier, chris ewokor, who is following the story from neighbouring nigeria gave me an update on what can come out of this meeting. Well, right now in niger, things are happening quite fast. Earlier today, one of the members of the Military Coup came out on State Television to denounce
Security cooperation and budgetary aid. There are concerns among many countries over which states nigers new leader will align with potentially moving closer to russia as happened after coups in neighbouring burkina faso and mali. Later, leaders from the 15 countries that make up ecowas, the Economic Community of west african states, and the eight leaders from the west African Economic and Monetary Union will meet to discuss their response. Live now to chris ewokor in nigeria with the latest on this. Good to see. Tell us more about the statement about possible Military Intervention. Well, right now in niger, things are happening quite fast. Earliertoday, one of niger, things are happening quite fast. Earlier today, one of the members of the Military Coup came out on State Television to denounce the ecowas meeting and alleged that the ecowas meeting and alleged that the meeting was intended to take action on carrying out Military Intervention of that country and now they have also calle