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Walmart Plan B for UK isn’t about Brexit

When J. Sainsbury Plc announced its 7.3 billion-pound ($9.5 billion) acquisition of rival Asda in April, it looked like the British grocer had beaten the mighty Walmart Inc. But if the takeover falls apart, it is the US retailer that will emerge from the wreckage the least damaged. The Competition and Markets Authority is expected to rule on the transaction ...

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Apple matchmakers may finally be in business

Even in the ever-changing technology industry, there are some constants. One of those is matchmakers suggesting Apple Inc. buy Netflix Inc. or (insert hot internet/media company of the moment). I have tended to dismiss these ideas, including the Netflix (and other) acquisition suggestions this week from a JPMorgan Chase & Co. stock analyst. Apple typically builds everything on its own, ...

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Stocks advance as key week for trade kicks off

Bloomberg US equity futures climbed with stocks in Europe at the start of a week that could be pivotal for the global trade outlook. The dollar strengthened for an eighth day. Contracts on the S&P 500 reversed earlier declines and the Stoxx Europe 600 Index gained as investors looked ahead to high-level trade talks this week between Chinese Vice Premier ...

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