Bloomberg News that J Sainsbury Plc Chief Executive Officer Mike Coupe is leaving in May marks the end of an unrewarding chapter for the UK grocer’s shareholders. Competition from German discounters Aldi and Lidl and a shift to online shopping have put British supermarkets including Tesco Plc and Wm Morrison Supermarkets Plc under pressure, but Sainsbury shares have suffered the ...

Bloomberg More than two decades after a war split them apart and created one of the biggest national rivalries in Europe, Serbia and Kosovo took a step towards renewing flights between their capitals. In a US-brokered deal, Serbia, Kosovo and carrier Deutsche Lufthansa AG signed a letter of intent that puts in place conditions for the flights to resume. “It ...

Bloomberg China’s pledge to boost imports from the US under a recently signed trade deal could end up costing the European Union about $11 billion next year. “If trade costs and hence relative prices do not change, Chinese imports from the US must come at the expense of third countries,” according to Germany’s Kiel Institute for the World Economy, contradicting ...