Bloomberg Here’s another reason banks should fear the likes of Amazon.com Inc.: A new survey shows consumers are eager to see technology titans take on finance. Nearly 60 percent of US bank customers are willing to try a financial product from tech firms they already use, according to a survey conducted by consult-ant Bain & Co. For younger respondents, the ...

Bloomberg Alibaba Group’s $2.9 billion deal to buy a slice of China’s largest hypermart chain pits it against Wal-Mart Stores Inc. in the world’s largest retail arena. China’s biggest e-commerce company agreed to acquire 36 percent of Sun Art Retail Group Ltd., which operates about 400 hypermarkets under the Auchan and RT-Mart banners. As part of the deal, France’s Auchan ...

Bloomberg Britain’s exit from the European Union could cost the UK aerospace industry 1.5 billion pounds ($2 billion) in extra customs expenses, the sector’s national lobby group said in a submission to lawmakers. The sum would come from “increased checks at the border” if British and EU processes do not remain harmonised, ADS Group said in evidence to Parliament’s Business, ...