British supermarket group J Sainsbury is in discussions with Chinese e-commerce giant JD.com about a potential sale of its Argos general merchandise business. The talks, confirmed by Sainsbury’s on Saturday, come almost a decade after the retailer acquired Argos for £1.4 billion in 2016. While no agreement has been reached,…
Despite record highs in major US indexes, signs of economic deceleration are surfacing.Yet, optimism is building around a potential…
The past week delivered a mix of market gains, corporate surprises, and political upheavals across the globe. US equities…
Brazil’s central bank will most likely keep the benchmark Selic interest rate at 15% on September 17, the second…
The Bank of Canada is expected to lower its overnight rate by 25 basis points at its upcoming policy…
The outlook for the US auto industry is improving, according to Barclays, which upgraded shares of General Motors and…
UK’s Investment Security Unit (ISU) has cleared IonQ Inc’s (NYSE: IONQ) more than $1.0 billion acquisition of Oxford Ionics.…
Friday’s news wrap covers major developments shaping global politics, technology, and security. A suspect has been arrested in the…
A stagnant UK economy, renewed urgency in India’s trade negotiations with the European Union, a delay in EU climate…