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Tesco’s battle in the aisles goes global

It’s been a long time since the UK was the undisputed star of the show for Tesco Plc. But Britain’s biggest retailer on Wednesday announced a step-up in domestic same-store sales growth to 2.5 percent in the second quarter of its financial year. A strong showing from the recently acquired Booker Group Plc, a British wholesaler, and an increase in ...

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Japan’s automakers can’t escape US car sales woes

Automakers in the US just had a bad month. Buckle up: It’s going to get worse. Sales cratered in September. Toyota Motor Corp.’s dropped 10 percent, Honda Motor Co.’s were down 7 percent, Ford Motor Co. posted a decline of about 11 percent and Nissan Motor Co. saw deliveries fall 12 percent. A worsening US auto market should be no ...

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Nafta is dead. What comes next looks awfully familiar

On Monday President Donald Trump announced the end of Nafta, the trade agreement he’s repeatedly called a “disaster” for US workers, and hailed its successor, the United States-Mexico-Canada Agreement, as the greatest trade deal ever seen. As you might therefore expect, the new agreement is just a lightly tweaked version of the old. Despite the president’s theatrics, Nafta lives on. ...

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