Sainsbury and Asda say their planned £13bn merger, and combined revenues of £51bn, will cut shopper’s costs. The deal likely to face close scrutiny by competition authorities. Sainbury’s chief executive Mike Coupe said he could not dismiss the possibility that regulators could order the disposal of some sites. Asda’s owner Walmart would receive £3bn…
Advance merger talks between the second and third largest British Supermarket chains Sainsbury and Asda – the UK arm of Walmart in the UK, with a combined group of 2, 800 stores and represent 31.4 per cent of the UK grocery market and put them slightly more than that of market leader Tesco. If this…
Mariana Mazzucato, the author, a professor at University College, London, in her latest challenging book reveals who creates value, who extracts value and who destroys value and explains the need to change course in the wake of soaring inequality and declining growth. According to Mazzucato we need to re-think relationships between governments and markets, make…
Using only the purest, highest-quality ingredients with none of the harsh chemicals that can irritate skin, Bareminerals offers gorgeous colour collections and ground-breaking skincare, truly earning its reputation as a beauty pioneer. I had always been intrigued by the Bareminerals brand. My skin is quite sensitive and as a result I’ve had allergic reactions to…
Walmart’s planned acquisition would value Flipkart the Indian online marketplace e-commerce group close to $20bn. Flipkart found in 2007 by former Amazon employee Sachin and Binny Bansal and backed by New York-based fund Tiger Global management and Japanese tech and telecoms conglomerate SoftBank, although it has overtaken homegrown rivals, it faces a strong challenge from …
A Flybe Embraer 195 aircraft heading to London Gatwick from Cornwall Airport Newquay at 07:35 BST on Tuesday 24th April 2018, was forced to turn back after a crack covering the windscreen in the cockpit appeared. The plane was carrying 92 passengers and was at 12, 000 ft (3, 750m) at the time. Passenger Ray…
Lloyds Banking Group is to close 49 banks in the UK with the loss 305 jobs, between July and the October 2018. It said, “The changes in roles are in line with our plan to adapt to and meet the changing needs of our customers and as a result we will be creating 925 new…
London Double-decker buses, operating from five depots have on display he picturesque Kerala backwaters and their famous houseboats on one side and kathakali traditional Kerala dance on the other. The wrap titled # Go Kerala provides the official website link www.keralatourism.org.tourism. What to do and where to eat and stay when visiting God’s own country…
Jennifer Riordan, a mother-of-two and Well Fargo bank vice-president at Albuquerque, New Mexico, was partially sucked out of a window of a US passenger plane South West Airline Flight 1380 after a CFM56 engine exploded in mid-air had died. The Boeing 737-700 airline has been en route to New York’s La Guardia airport to Dallas,…
The Pound Sterling has climbed to its highest level since Britain’s vote to leave the European Union in June 2016. Sterling also has been boosted by expectations that the Bank of England will raise the interest rates, in the wake of Dollar weakness after uncertainty about US trade policy. The Pound, which sank to $1.2068…