Bloomberg Carrefour SA is buying Walmart Inc.’s former Brazil unit to cement its position as the country’s largest supermarket operator two months after being the target of a failed takeover bid. Advent International and Walmart agreed to sell Grupo BIG Brasil SA for about $1.3 billion, Carrefour said. Brazil is already the French retailer’s second-largest market, and the deal would ...

Bloomberg French Finance Minister Bruno Le Maire said the government and the European Commission are nearing a deal for the recapitalisation of Air France that could be finalised in the coming days. “The negotiation was long and difficult and isn’t entirely finished,” Le Maire said on Monday on France Info radio. The accord will be fair and protective for Air ...

Bloomberg UK retail sales posted a modest rebound in February after a brutal start to the year, when a lockdown to contain coronavirus forced non-essential stores to close. The volume of goods sold in shops and online rise 2.1% from January, the Office for National Statistics said, in line with economists’ expectations. Sales excluding auto fuel climbed 2.4%. The pickup ...