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Asda, Iceland bonds climb out of doldrums on bill aid

  Bloomberg British supermarket chains Asda Group Ltd and Iceland Foods Ltd have seen their bonds move out of the distressed zone after British Prime Minister Liz Truss’s promised help on energy bills. With Britons expected to have more money in their pockets to spend on essential groceries, the sweeping package of measures to contain spiraling energy bills announced last ...

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Aldi becomes fourth biggest grocer in UK 

  Bloomberg Aldi has become Britain’s fourth largest supermarket for the first time, overtaking Wm Morrison Supermarkets Plc to gain 9.3% of the country’s grocery market. The German discounter’s market share climbed 1.2 percentage points in the 12 weeks to September 4, retail data company Kantar said. Brits have been turning to cheaper outlets and own-brand labels amid the country’s ...

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China’s C919 to rival Airbus, Boeing set to be certified

  Bloomberg China’s homebuilt single-aisle passenger jet, the C919, aimed at rivaling planes made by Airbus SE and Boeing Co, could be certified by Chinese regulators as early as September 19, local media reported, in a nod to the aircraft’s model type. The long-awaited granting of an airworthiness certificate for the jet built by Commercial Aircraft Corp of China, or ...

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