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U.S. stock futures are rising Monday, as Wall Street processes a mega-merger between Sprint and T-Mobile and as Walmart says it will sell its supermarket business in the U.K.
Walmart retreats from Britain's fiercely-competitive grocery market as J Sainsbury plc, the country's second-biggest grocery store chain, confirms a $10 billion deal to merge the Bentonville, Arkansas-based group's Asda business.
President Donald Trump tweeted Wednesday that Russia should "get ready" because missiles "will be coming" to Syria.
Data from Kantar Worldpanel showed food inflation was 3.4% for the 12 weeks ending Nov. 5.
Ford, Yahoo!, Verizon, Uber are among the stocks to watch on Wednesday, October 4, 2017. Plus, European stocks are set for a mixed open to Wednesday's trading session after solid gains in Asia pushed benchmarks to multi-year highs.
Tesco said it would resume an interim dividend -- of 1 pence per share -- for the first time since December 2014 when the company found itself embroiled in an accounting scandal.
Tesco will resume its interim dividend for the first time in nearly three years.
Investors show concern that Amazon will flex might in European food market
Amazon move heaps further pressure on sector
Supermarkets absorb news that Amazon will lower prices at Whole Foods Market.
Using Singapore as a starting point, tech companies are expanding rapidly in Southeast Asia, a market of 625 million people. The region is an exciting alternative to slowing Chinese growth.
European stocks closed higher Wednesday after mixed session.
Slumping U.K. consumer confidence, which fell to a one-year low Friday amid signs of a slowdown in spending, has sent domestic retail stocks into a tailspin.
Alibaba Group Wednesday said it was increasing its stake in online mall Lazada Group SA, as it looks to conquer Southeast Asia.
Aided by favorable political news-flow and an absence of adverse economic or earnings data, Europe's benchmarks posted some of the strongest gains seen in the last two months.
European stocks rebounded with a bang Friday as recent central bank actions fell by the wayside and markets took heart from the latest bailout deal between Greece and the EU.
Tesco has stepped up.
European stocks booked solid gains Friday amid a rebound in energy stocks and solid gains for automakers as investors continue to favor regional equities amid the ongoing economic recovery.
Tesco posted stronger-than-expected quarterly sales growth from its U.K. operations as the country's biggest supermarket chain attracted more shoppers despite an ongoing price war and slowing consumer spending.
Premier Foods stock gained Monday after it said it had renewed its license agreement with Mondelez
Wm Morrison stock gained in early Thursday trading as sales growth gathered pace in the first quarter, with same-store sales up 3.4%.
Stocks were mixed across Europe as investors responded to the latest raft of corporate earnings while also remaining cautious ahead of the Federal Reserve
Britain's biggest supermarkets see market share trimmed as competition from low-cost competitors heats up.
Ocado shares surged to their highest level of the year Tuesday after reports of a possible tie-up with Marks & Spencer.
Heineken NV HEINY shares posted solid early gains in Amsterdam Wednesday after the brewer said first quarter volumes increased thanks to solid activity in Asian and European markets.
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