Business & Finance News
LOS ANGELES (Reuters) – Amazon.com’s Whole Foods Market sparked social media outrage after its newest store in its 365 grocery chain partnered with an Asian restaurant with the racially charged name of Yellow Fever.
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, a combination which would surpass Tesco’s grocery market share and be worth up to 15 billion pounds ($20.7 billion).
MOSCOW (Reuters) – Russia has given preliminary approval to a bid by U.S. oilfield services giant Schlumberger to acquire up to 49 percent of Russia’s Eurasia Drilling Co (EDC), an unexpected decision given a chilling in U.S.-Russian relations.
LONDON (Reuters) – Sainsbury’s and Walmart’s Asda are in talks to create Britain’s biggest supermarket group, overtaking Tesco by market share in a combination of their UK businesses worth up to 15 billion pounds ($20.7 billion).
BERLIN (Reuters) – German business leaders voiced disappointment on Saturday over the outcome of talks between Chancellor Angela Merkel and U.S. President Donald Trump, saying they feared he would impose tariffs on steel and aluminum imports.
LONDON (Reuters) – Sainsbury’s , Britain’s No. 2 supermarket, and Asda, the UK arm of Walmart that is the No. 3 player, are close to securing a merger deal, a source with knowledge of the situation told Reuters on Saturday.
MOSCOW (Reuters) – Russia has given preliminary approval to U.S. oilfield services giant Schlumberger bid to acquire up to 49 percent in Russia’s Eurasia Drilling Co (EDC) in a surprise move despite a chilling in U.S.-Russian relations.
LONDON (Reuters) – Sainsbury’s , Britain’s second largest supermarket, and Walmart , the world’s biggest retailer, are in advanced talks about a tie-up that would create a more powerful rival to UK market leader Tesco , Sky News reported on Saturday.
MOSCOW (Reuters) – The Russian government has given preliminary approval to the U.S. oilfield services giant Schlumberger bid to acquire up to 49 percent in Russia’s Eurasia Drilling Co (EDC), RIA news agency reported on Saturday.
SANYA, China (Reuters) – China’s Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped development will become an icon in Hainan – China’s Hawaii – and a beacon to tourists domestic and abroad.
SANYA, China (Reuters) – China’s Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped development will become an icon in Hainan – China’s Hawaii – and a beacon to tourists domestic and abroad.
NEW YORK (Reuters) – Fresh worries about rising costs and inflation face U.S. stock investors looking toward the coming week and the next leg of the first-quarter earnings period.
(Reuters) – Fujifilm Holdings Corp’s merger with U.S. firm Xerox Corp was temporarily blocked on Friday following a court ruling, handing its activist investors a win after they sued to stop the deal.
SAN FRANCISCO (Reuters) – Alphabet Inc President Sergey Brin said on Friday that technology companies must take greater responsibility for the social impact of their work, his first comments following a year of heightened global awareness about misuse of digital services.
TORONTO (Reuters) – Canada’s stock market, the world’s sixth-largest, abruptly shut down on Friday after an outage cut market participants off the main exchanges but will resume trading on Monday after resolving “internal technical issues,” the exchange operator said.
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