Bloomberg News that J Sainsbury Plc Chief Executive Officer Mike Coupe is leaving in May marks the end of an unrewarding chapter for the UK grocer’s shareholders. Competition from German discounters Aldi and Lidl and a shift to online shopping have put British supermarkets including Tesco Plc and Wm Morrison Supermarkets Plc under pressure, but Sainsbury shares have suffered the ...

Bloomberg More than two decades after a war split them apart and created one of the biggest national rivalries in Europe, Serbia and Kosovo took a step towards renewing flights between their capitals. In a US-brokered deal, Serbia, Kosovo and carrier Deutsche Lufthansa AG signed a letter of intent that puts in place conditions for the flights to resume. “It ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB), published its 2020 Global Investment Outlook Report, ‘Shaping tomorrow, today’. The report, written by the bank’s industry experts, examines the current global economic and investment environment, providing insights into key macro-economic trends. According to the report, FAB is expecting growth in 2020 for the UAE. The International Monetary Fund (IMF), forecasts that the ...