Bloomberg Tesco Plc is leading calls for an online sales tax to be imposed on digital retailers such as Amazon, as UK Chancellor of the Exchequer Rishi Sunak weighs up reforms to business levies ahead of next month’s budget. The bosses of supermarkets, retail property owners and other store chains are pushing for action to ease their tax burden with ...

Bloomberg Boohoo Group Plc snapped up remaining brands from Philip Green’s failed Arcadia Group Ltd after the UK online retailer’s rival Asos Plc acquired the flagship Topshop and other labels. In a fresh sign of the growing dominance of online fashion retailers amid the pandemic, Boohoo agreed to buy the Dorothy Perkins, Burton and Wallis brands for just over 25 ...

Bloomberg The UK will require travellers arriving from coronavirus hot spots to quarantine in hotels starting February 15, almost three weeks after the plan was announced by Prime Minister Boris Johnson. Arrivals from countries on the UK’s travel ban list will be required to isolate for 10 days in government-approved accommodation, the Department for Health and Social Care said in ...

Bloomberg Countries could relax border controls and allow more travel if there’s a set of standards for vaccine certification that immigration authorities can use to help determine entry policies, Singapore Transport Minister Ong Ye Kung said. “That is really the light at the end of the long tunnel,” Ong said in an interview with Bloomberg Television on Monday. “With vaccination ...

Bloomberg Kohl’s Corp’s sales fell in the past quarter as the pandemic continues to roil the retail world, but Chief Executive Officer Michelle Gass sees plenty of reason for optimism. The retail chain’s digital revenue remains elevated and profitability is improving, Gass said in an interview. And while the company’s preliminary fourth-quarter results showed an 11% decline in same-store sales ...

Bloomberg Rolls-Royce Holdings Plc plans to shutter civil aerospace production for two weeks over the summer, cutting pay for 19,000 workers as the coronavirus crisis stunts demand for airliner engines. The measures relate to negotiations with unions announced last summer and will affect 12,500 people in the UK, where Rolls-Royce is based, a spokesman said. The salary reduction will be ...

Bloomberg The military coup in Myanmar has gone past the point of no return, according to a confidential UK foreign office assessment, in a sign that major democracies expect to have limited ability to influence the events unfolding inside the country. The bleak view from a senior British diplomat concludes the coup is irreversible, and that army chief Min Aung ...

Bloomberg China has formally arrested an Australian citizen who was formerly a news anchor for Chinese state television, escalating a case that has contributed to tensions between Beijing and Canberra. Cheng Lei, a Chinese-born Australian who most recently worked for state broadcaster CGTN, was formally arrested in China on February 5 following six months of detention, the office of Australian ...

Bloomberg India’s Prime Minister Narendra Modi appealed to protesting farmers to call off their agitation and rejoin talks while reiterating his government’s commitment to continue purchasing crops at an administered price. Tens of thousands of farmers have been camping at Delhi’s borders since November in protest against three agriculture laws that they say will hurt farm incomes and leave them ...

Bloomberg A socialist economist who rejects fiscal austerity demanded by the IMF won the first round of Ecuador’s presidential election, and may face an indigenous anti-mining candidate in a runoff after an unexpectedly close fight for second place. Andres Arauz, the candidate most feared by bond investors, led with 32.2% of votes, with 79% of ballots counted, the electoral authority ...