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UK’s Amazon craze puts retailers at breaking point

Bloomberg The UK is leading the way into an online-shopping future, and that has the country’s traditional brick-and-mortar retailers fighting for their lives. With 18 percent of retail sales taking place online in Britain, the stakes are even higher than in the US, where the comparable figure is 12 percent — and where department-store owner Bon-Ton Stores Inc has just ...

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Norway’s recovery on track; inflation surprisingly slows

Bloomberg Norway’s economic recovery continued in the fourth quarter led by rising consumer spending and investments while a report showed inflation unexpectedly slowed at the start of the year. Mainland economic growth, which excludes oil and shipping, expanded by 0.6 percent in fourth quarter, down from a revised 0.7 percent in the prior period, Statistics Norway said in a statement. ...

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Eurostar to add Amsterdam in biggest network expansion

Bloomberg Eurostar International Ltd. will link London with the Netherlands by rail starting April 4 in the biggest expansion of the Channel Tunnel express operator’s network since it commenced operations in 1994. Trains from the UK capital will take slightly over three hours to reach Rotterdam and a further 40 minutes before arriving in Amsterdam, Eurostar said. The company has ...

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