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UK grocer sees Brexit induced inflation easing

Bloomberg With Bank of England policy makers’ voting for a first interest-rate increase in a decade, Wm Morrison Supermarkets Plc is signalling that the UK’s Brexit-induced jump in food prices is already easing. “The rate of inflation fell as we went through the third quarter,” Trevor Strain, chief financial officer of the UK’s fourth-largest grocer, said. “In our business we ...

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$1,000 price fails to deter Apple iPhone X fans in long lines

Bloomberg The $1,000 price tag on Apple Inc.’s new iPhone X didn’t deter throngs of enthusiasts around the world who waited—sometimes overnight—in long lines with no guarantee they would walk out of the store with one of the coveted devices. At Apple’s flagship Fifth Avenue store in Manhattan, the line coiled up and down several times along 58th Street and ...

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Trump to extend Asia tour to attend regional summit

Bloomberg President Donald Trump said that he will add a day to the end of his five-nation tour of Asia, saying he would now stay for “the most important day” of a regional summit. The president had been scheduled to return to the US on Nov. 13, a day before the start of the East Asia Summit, the traditional venue ...

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