Tesco, the largest retailer in Britain, has announced a substantial increase in hourly pay for its store workers, reflecting the rise in the government-mandated minimum wage.

Tesco leads wage hike trend in British retail sector

Brazilian retailers are grappling with a challenging landscape as they contend with mounting debt and increasing competition from online giants like Amazon. A complex combination of factors, including high debt levels for both retailers and consumers, rising yields, and a recent accounting scandal at Americanas SA, has created a challenging environment for the retail sector in Brazil, Bloomberg reported.

Brazilian retail sector faces challenges amidst rising debt and online competition 

The Cuban government will allow foreign investment in domestic wholesale and retail trade for the first time since 1959; the move aims to address commodity shortages and boost local industry.

Foreign investment to start in Cuba's wholesale and retail sectors

The report covered a range of industries, including BPO, chemicals, construction & engineering, consumer products & retail, financial services, high tech, manufacturing, media, pharmaceutical & health sciences, business and technical consulting and transportation and logistics.

India to see 10 per cent salary increase in 2018: Report

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