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Philippines’ richest man set to see his supermarket IPO sizzle

Bloomberg AllDay Marts Inc, a supermarket chain founded by the richest person in the Philippines, is poised to jump in its trading debut thanks to heavy retail investor interest. AllDay’s offer was about four times oversubscribed, with the company and billionaire Manuel Villar raising a combined 4.52 billion pesos ($89 million) by selling 7.52 billion shares at 60 centavos each. ...

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Aldi warns of holiday grocery delays in US

Bloomberg Aldi warned that the impact of global supply-chain bottlenecks will soon hit the shelves of its US grocery stores. “When you shop our aisles in the coming weeks and months, you may notice certain items arriving later than intended or after our advertised on-sale dates,” the German discounter said. Aldi’s warning underscores the intermittent shortages and delays that are ...

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Johnson set for collision with Macron during climate talks

Bloomberg Prime Minister Boris Johnson and his French counterpart Emmanuel Macron are heading for a full frontal collision in the next 48 hours that threatens to disrupt the United Nations’ climate summit. Macron’s government is on Tuesday set to introduce additional controls on goods moving across its border with the UK and block British fishing boats from unloading their catches ...

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