Bloomberg Kroger Co raised its profit forecast for the third straight quarter, propelling shares back near the record heights they attained in September. Adjusted earnings in the current fiscal year will be in the range of $3.40 to $3.50 a share, Kroger said in a statement as it reported earnings. That followed increases to the grocer’s outlook in June and ...

Bloomberg India’s top defense official, who had been steering the biggest transformation of the nation’s military since its independence in 1947, was killed in an helicopter crash in the southern state of Tamil Nadu. The Russian-made Mi-17 V5 helicopter carrying Chief of Defence Staff General Bipin Rawat, 63, met with an accident on Wednesday, the Indian Air Force said in ...

Bloomberg Olaf Scholz took over as chancellor of Germany and is under immediate pressure to tackle a brutal Covid-19 outbreak and a raft of geopolitical challenges including tensions with Russia. The Social Democrat was sworn in, ending Angela Merkel’s 16-year tenure and becoming the country’s ninth chancellor since World War II. The 63-year-old, Merkel’s vice chancellor for the past four ...