Bloomberg J Sainsbury Plc said it’s cutting costs in an effort to avoid raising prices in response to the drop in the pound, after sales fell in its core grocery business. British supermarket chains have begun raising prices for the first time in more than two years as the slide in sterling since the U.K. voted to leave the …

  Bloomberg Samsung Electronics Co.’s new Galaxy S8 will employ facial-recognition technology for mobile payments within months of release, adding cutting-edge security to help the marquee device stand out from rivals such as Apple Inc.’s iPhone, people familiar with the matter said. The Galaxy S8 to be unveiled later this month will blend fingerprint, iris and facial detection to verify …

  Bloomberg Swatch Group AG said it’s developing an alternative to the iOS and Android operating systems for smartwatches as Switzerland’s largest maker of timepieces vies with Silicon Valley for control of consumers’ wrists. The first product using the Swiss-made system will be a Tissot smartwatch to be introduced at the end of 2018, Swatch Chief Executive Officer Nick Hayek …