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It’s Tesco’s chance to turn screw on PE

It’s time for Britain’s largest retailer to start the mother of all price wars. Tesco Plc has the perfect opportunity to slash prices on everything from milk to mushrooms — and lure customers away from competitors. With one big rival, Asda Group Ltd, in private equity hands, and a second, Wm Morrison Supermarkets Plc, potentially following suit, Tesco CEO Ken ...

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How new normal will look like old normal

As the Covid-19 pandemic recedes across much of the US, the difference between the lasting and temporary changes that it wrought are starting to emerge. Hype and wishful thinking have contributed to predictions that are likely to prove wrong; just because a change was striking or desirable doesn’t mean it will stick. One way to think about the changes is ...

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America can’t just ignore Haiti’s new crisis

The assassination of Haitian President Jovenel Moise has plunged the Western Hemisphere’s poorest country even deeper into chaos. As its richest and most powerful neighbour, the US should lead outside efforts to help — while being under no illusions about the limits of what’s possible. Haiti’s dysfunction has long resisted outsiders’ efforts. The US has provided more than $5 billion ...

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