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California suit says ‘Amazon keeps prices artificially high’

Bloomberg California sued Amazon.com Inc, saying the company forces third-party merchants to agree to policies that lead to “artificially high prices” for consumers. State Attorney General Rob Bonta announced the antitrust suit challenging Amazon merchant agreements that bar sellers from offering lower prices on other sites and impose stiff penalties if they do. He said the agreements block competition from ...

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H&M sales miss target amid cost-of-living crisis

  Bloomberg Hennes & Mauritz AB sales declined more than expected over the summer as the Swedish retailer fell further behind rival Zara amid a growing cost-of-living crisis across Europe. Revenue dropped 4% excluding currency shifts in the three months through August, the Swedish retailer said. Analysts had expected a decline of 1.4%. That’s the first retreat in six quarters. ...

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Heathrow flights face disruption to avoid British Queen’s cortege

Bloomberg Flights from London Heathrow airport will be disrupted during the transfer of Queen Elizabeth II’s coffin for her lying-in-state, with more upheaval likely next week when her funeral takes place. Departures face delays and adjustments for almost two hours from September 14, Heathrow said. The measures are aimed at ensuring an absence of jet-engine noise as a gun carriage ...

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