Bloomberg Sweden’s largest food retailer ICA is preparing for its largest transformation yet to cater to a growing number of customers who want to shop for groceries online and have them delivered home. The 81-year-old company is following in the footprints of other Swedish retail giants like Hennes & Mauritz AB and Ikea in shifting investments towards e-commerce, advanced analytics …

Bloomberg The world’s largest energy trader says oil prices are set to rally further as Opec output cuts and American sanctions on Iran and Venezuela cause a “shortage” of the low-quality heavy crudes refiners rely on. “From here there’s probably the potential to be a little bit higher,” said Russell Hardy, chief executive officer of Vitol Group. “Oil supply is …

Bloomberg Centrica Plc plunged to the lowest in almost two decades after tougher trading conditions in the UK energy market prompted the utility to forecast a gloomy outlook for next year. Hurt both by a government-imposed cap on consumer energy bills and by outages at nuclear plants and gas wells, a target range for average adjusted operating cash flow “is …