Saturday , January 23 2021

Couche-Tard, Carrefour close merger talks, consider alliance

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 ...

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Uniqlo owner’s stock hits record as shoppers go casual in pandemic

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 ...

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Biden’s inauguration ceremony curtailed by security, virus risks

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 ...

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