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Johnson played a blinder on the EU vaccine spat

A blustering prime minister and a rule-breaking UK government present few problems for the European Commission. It has long experience of dealing with troublemakers on the fringes of Europe. A sweetly reasonable Boris Johnson, however, is a more formidable opponent. He should try making nice more often. Commission President Ursula von der Leyen is under fire across the continent, especially ...

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Carrefour to buy Walmart’s former business in Brazil

Bloomberg Carrefour SA is buying Walmart Inc.’s former Brazil unit to cement its position as the country’s largest supermarket operator two months after being the target of a failed takeover bid. Advent International and Walmart agreed to sell Grupo BIG Brasil SA for about $1.3 billion, Carrefour said. Brazil is already the French retailer’s second-largest market, and the deal would ...

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French government, EU close in on rescue plan for Air France

Bloomberg French Finance Minister Bruno Le Maire said the government and the European Commission are nearing a deal for the recapitalisation of Air France that could be finalised in the coming days. “The negotiation was long and difficult and isn’t entirely finished,” Le Maire said on Monday on France Info radio. The accord will be fair and protective for Air ...

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