Sainsbury Considers Buying Asda From Walmart
May 27, 2018

  • Combination of U.K. grocers would create rival to Tesco
  • British retailers seek scale amid online, discount competition

J Sainsbury Plc Chief Executive Officer Mike Coupe is fighting back against Amazon.com Inc. and discount grocers with another big takeover bid — Continue reading

BOE Raises Interest Rate for First Time in More Than Decade
November 4, 2017

Bank of England policy makers raised interest rates for the first time in a decade, yet expressed concern for Britain’s Brexit-dented economy by indicating that another increase isn’t imminent.

Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 Continue reading