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China’s recovery from the depth of the Covid-19 slump is impressive, and the country will almost certainly be the only major economic power to end 2020 in positive territory. Another world-beating expansion is expected this year. But for all the superlatives, Beijing is years away from becoming a global economic ...

Bloomberg Canada’s Alimentation Couche-Tard Inc and France’s Carrefour SA abandoned talks on a proposed $20 billion merger following stiff opposition from the French finance minister, and will look instead at forming a looser alliance. The companies will now consider how to work together on fuel purchases, branding and distribution where ...

Bloomberg Singapore will require all inbound travellers to take a Covid test upon arrival in the city-state from January 25 amid a resurgence of cases globally, the Ministry of Health said in a statement. Citizens and permanent residents of Singapore who return from either the United Kingdom or South Africa ...

Bloomberg The new wave of lockdowns around the world is sending US jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash last April, but the headwinds the aviation market still faces before vaccines bring life to normal are increasingly ...

Bloomberg Fast Retailing Co’s lineup of functional and casual attire continued to lure value-conscious shoppers whose preferences are changing in the midst of the Covid-19 pandemic, helping to push the Uniqlo operator’s first-quarter earnings close to an all-time high. Operating profit rose 23% to 113.1 billion yen ($1.1 billion) in ...

Bloomberg With fermented foods reaching near-cult status for the health-obsessed, consumers have started hunting for the perfect bacteria. As a result, brand awareness — and the marketing that comes with it — has now made its way into the world of food cultures, according to Mauricio Graber, the chief executive ...

Bloomberg Taco Bell said it will begin testing a Beyond Meat menu item in the US, sending the faux-meat maker’s shares higher. The fast-food chain, a division of Yum! Brands Inc, said the companies are working together to create “an innovative new plant-based protein” that will be tested in the ...

Bloomberg Joe Biden will take the oath of office as president in a ceremony dramatically reshaped by the coronavirus pandemic and still-simmering threats of violence in Washington, casting a pall over the quadrennial celebration of American democracy. His swearing-in at the US Capitol on Wednesday will come amid an unprecedented ...

Bloomberg Russian police detained opposition leader Alexey Navalny, an outspoken critic of President Vladimir Putin, as he arrived in Moscow after being treated in Germany for poisoning, drawing immediate criticism from the US and Europe. Navalny, 44, was met by officers at passport control as he landed in Moscow on ...

Bloomberg South Korea’s Moon Jae-in said he would push for an early summit with US President-elect Joe Biden to revive nuclear talks stalled for much of the past two years. The South Korean president told his annual new year’s news conference Monday that he wanted to work with the incoming ...