Business News

Wal-Mart launches first social networking app - Shopycat

In what clearly is an attempt to benefit from the opportunities linked to the newest trends in e-commerce, mega corporation Wal-Mart Stores Inc. marked its foray into the apps arena on Wednesday, with the release of its first social
-networking app.

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France, Germany lead recovery as Ireland and Spain suffer

France, so far, has seen the strongest expansion of business activity as far as Eurozone Services PMI Purchasing Managers' Index is concerned. While Italy, Ireland and Spain saw limited growth in the month of May, France and Germany were leading in recovery. Markit Eurozone Services Business Activity Index was expected to be at 55.4.

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