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Sainsbury designers hit runways as grocer pushes skinny jeans

Bloomberg J Sainsbury Plc, the supermarket that’s been selling Britons their bread and baked beans for more than a century, is looking beyond the grocery aisles for a competitive edge in a tough market, seeking inspiration from the catwalks of Los Angeles and Milan. The retailer has created a team of 30 fashion spotters who scour runways around the world ...

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‘Next UK govt must sanction two more runways’

Bloomberg Britain’s next government should appoint a commission tasked with choosing the locations for two new runways serving southeast England, the Institute of Directors said. With London Heathrow airport’s third landing strip not due to be completed until 2028 and Gatwick, south of the capital, filling up fast, the commission should be given only a year to determine the best ...

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Indian govt opposes RBI’s proposal of new cash tool

Bloomberg The Indian central bank’s proposal to introduce a new liquidity tool to help manage a banking system flooded with surplus cash is facing opposition from the government, according to people with knowledge of the matter. The government is concerned that the so-called Standing Deposit Facility, or SDF, will give the Reserve Bank of India (RBI) the discretion to set ...

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