Bloomberg EG Group is exploring a merger of its petrol forecourts with Asda Group Ltd. to create a business valued at more than £10 billion ($12 billion), according to the The Times. The Issa brothers and London-based TDR Capital are considering the combination with the supermarket chain to help refinance £7 billion of debt due in 2025, the paper …

  Bloomberg The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment that economists may have predicted prior to the pandemic, according to new research from the Federal Reserve Bank of Chicago. If correct, that might improve the chances for a soft landing of the US economy as the Fed …

Bloomberg UK Prime Minister Rishi Sunak will look to begin closing a series of pay deals with trade unions, as the government enters 10 days of crunch talks ahead of coordinated strike action planned for early February. Members of the Cabinet have told Sunak he must act fast to avoid a week of strikes that threaten to bring the country …