More of their essentials at walmart, according to the companys results for the three months to the end ofjuly. The worlds biggest retailer is using its reputation for lower prices to attract consumers looking to buy anything from food to school shoes. Walmart s net income for the quarter jumped by about 33 to nearly 8 billion. Lets get more now with Michelle Fleury in new york. Great results then for walmart others rivals havent fared so well. Whats the secret . Imean, i mean, they are known as a low cost grocer, the worlds biggest retailer proving once again their ability to attract shoppers at a time when they are facing a great deal of pressure financially in terms of higher prices, but in terms of higher Interest Rates which have made Lending Conditions tougher. I think that really has helped walmart through this. They are not onlyjust appealing to their traditional customer base, but they are also appealing to those more affluent customers who are being more cautious and turning t
There will be a Repeat Election in a few months. Nothing is clear yet. We know that markets dont like uncertainty. We will see how it changes in the next few weeks. In principle, there is a deal between the socialists and the catalan party. If that extends to government, we do not know yet. We will find out pretty soon. This has all weighed quite heavily on spain in general, hasnt it . Talk us through some of the issues the country has been facing. Well, yes, at an economy level, spain is really struggling with unemployment, it is a structural problem, for the past few decades. It is the highest in all of the european union, between 11 and 12 . Especially Youth Unemployment is very high, around 20 . Is very high, around 28 . Also the highest in the eu. So the main struggle for any. The main challenge for any government is reducing unemployment. There has been progress in the past few years under the socialist led government. It has been reduced. But it still has a long way to go. Now,
High street chain wilko says it has appointed Administrators after failing to secure a rescue deal. You will remember this chain has been in the news for the last couple of weeks with concerns over whether it will be rescued. It looks like the rescue deal has fallen through and they have appointed Administrators. 12,000 people, it looks like, at risk potentially, following the news that wilko has appointed Administrators. We will bring you any more detail when we get the story but the Breaking News, wilko, the high street chain, has appointed Administrators. Here in the uk, police and the West Midlands say they are treating a fire at a Well Known18th century pub near dudley as arson. The cricket house, described as britains One Ovest Pub was largely destroyed by the blaze, it was then bulldozed with the local council said was unauthorised, unacceptable and possibly unlawful. Here is louisa pilbeam. Whats left of the 250 year old pub has now been searched by a Specialist Fire Service do
Worth over £85 million. Its now down to kane to decide whether to leave. Hello and welcome to the bbc news at one. At least 36 people are known to have been killed by wildfires sweeping across hawaii. Large parts of the Tourist Town Of Lahaina on the Island Of Maui have been burned to the ground. This was the scene overnight, when flames spread rapidly, forcing some people to jump into the sea to escape. Daylight revealed devastation, with multiple areas burnt to the ground and the western side of the island almost cut off. Officials say the Hospital System is overwhelmed, with many people suffering burns and smoke inhalation. 0ur correspondent Richard Galpin has this report. Is anybody still out here . If anybody is still out here, its time to go. Anybody is still out here, its time to no. ,. ,. , anybody is still out here, its time toao. ,. ,. , to go. These are the desperate calls for eole to go. These are the desperate calls for peeple still to go. These are the desperate calls fo
And current Un Special Envoy for Global Education gordon brown tells us he believes they can. Well speak to the lawyer who prosecuted slobodan milosevic. Also on the programme. Joe biden issues an Order Banning Private Equity and Venture Capital investments in some Chinese Technology companies, escalating washingtons efforts to Prevent Beijing from developing Cutting Edge Technology for its military. But what effect will it have on the American Economy . And will the uk follow suit . First the latest in a series of extreme weather events around the world that experts say have been intensified by Climate Change. Firefighters continue to battle wildfires in hawaii. At least 36 people have been killed. The popular tourist town of lahaina, on the island of maui, has been largely burnt to the ground. Us President Biden has approved a Disaster Declaration for the state of hawaii. That makes federal funding available for people in maui county. Us soldiers have joined search and Recovery Effor