By Siyanda Mthethwa JOHANNESBURG (Reuters) -U.S. retailer Walmart ( WMT ) will launch its first branded stores in South Africa this year, it said on Tuesday. The move by Walmart ( WMT ), which already owns South African retail group Massmart, places it in direct competition with established domestic retailers including market leader Shoprite, Woolworths and Pick n Pay. Online,...

08:54 AM EDT, 09/09/2025 (MT Newswires) -- MedX Health ( MDXHF ) said overnight Monday it is extending the closing date of its $2.5 million private placement by up to 30 days. The company said it already received conditional acceptance from the TSX Venture Exchange, but closing for the full amount has been delayed. MedX first announced the offering on...

08:53 AM EDT, 09/09/2025 (MT Newswires) -- Xilio Therapeutics ( XLO ) said Tuesday it started phase 2 of an ongoing phase 1/2 clinical trial assessing efarindodekin alfa, a potential monotherapy for patients with certain advanced solid tumors. The company said that in connection with beginning of phase 2, it achieved a $17.5 million development milestone under its exclusive global...

08:53 AM EDT, 09/09/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Tuesday, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher. Designer Brands ( DBI ) shares were down more than 1% after the company reported a decline in fiscal Q2 net sales and said it...