Bloomberg A Brazilian supermarket chain controlled by L Catterton, the private equity firm backed by French billionaire Bernard Arnault, has chosen banks for a potential initial public offering that could raise as much as 800 million reais ($159 million), people familiar with the matter said. Sao Paulo-based Grupo St Marche is working with Banco Santander Brasil SA, Banco Itau BBA ...

Bloomberg China’s Xi Jinping is expected to speak this week with Germany’s Angela Merkel and France’s Emmanuel Macron, people with knowledge of the matter said, as they attempt to keep human rights disputes from scuttling efforts at cooperation. The agenda for the joint video call between the leaders isn’t yet known, according to the people, who asked not to be ...

Bloomberg A triumphant President Joe Biden all but announced an end to the pandemic in the US, celebrating what he called a “heroic” vaccination campaign on the country’s Independence Day holiday. Speaking at a party on the White House’s South Lawn with more than 1,000 people in attendance, Biden declared that the US had achieved “independence” from the coronavirus, though ...