Walmart has achieved a historic milestone, becoming the first traditional retailer to reach a $1 trillion (£730 billion) market valuation. This achievement places the retail giant in an exclusive group largely dominated by technology firms.

• Walmart's market valuation is now $1 trillion, joining a club with companies like Nvidia and Alphabet.
• The company's success is attributed to its booming e-commerce business, appeal to price-conscious shoppers, and investments in artificial intelligence (AI).
• Walmart's online sales in the US jumped 28% in the three months to October 31, contributing to its emergence as a competitor to Amazon.

PepsiCo is reducing prices on some of its snack products in the US, including Doritos, Lays, and Cheetos, starting this week. This decision follows consumer backlash over recent price hikes and pressure from the increasing popularity of GLP-1 weight-loss medications which reduce appetite.

• PepsiCo, which also owns Quaker Oats and Gatorade, reported revenue of $29.34 billion (£21.14 billion) for the three months ending December 27.
• The price cuts were strategically launched ahead of the Super Bowl on February 8, a highly lucrative day for snack manufacturers.
• CEO Ramon Laguarta stated the company is "betting a lot on portion control" and also plans to launch Doritos Protein later this year.
• PepsiCo shares rose nearly 4% in early trading on Tuesday, despite a roughly 5% drop in 2025 and underperforming Coca-Cola for the past five years.
• In 2023, Carrefour, a French supermarket chain, placed "shrinkflation" warning stickers on several PepsiCo products and later stopped selling them in some European countries due to "unacceptable" price rises.

At the Singapore Airshow, China’s state-owned planemaker Comac is actively positioning itself as a rival to Airbus and Boeing, particularly in the rapidly expanding Asia-Pacific aviation market. This move comes as airlines in the region face significant delivery delays and supply chain issues from established manufacturers.

• Comac's C919 passenger jet flew to Singapore for its first trip outside Chinese territory two years ago.
• The C919 is designed to compete with the Airbus A320neo and Boeing 737 MAX.
• IATA Director General Willie Walsh predicts Comac will be a global competitor alongside Boeing and Airbus in 10 to 15 years.
• Comac has delivered over 200 C909 and C919 jets, with about 25% operated by airlines in Laos, Indonesia, and Vietnam.
• European certification for the C919 could take until 2028 or even 2031.