
Sainsbury’s focus is on strategy, not takeover frenzy
The boss of Sainsbury’s (SBRY.L) said on Tuesday his focus was on delivering the British supermarket group’s strategy rather than the takeover frenzy that has gripped the sector.

The boss of Sainsbury’s (SBRY.L) said on Tuesday his focus was on delivering the British supermarket group’s strategy rather than the takeover frenzy that has gripped the sector.

The New Zealand dollar rose on Tuesday after a strong business survey pulled forward rate hike expectations there to as soon November, while its Australian counterpart crept higher ahead of its own crucial central bank policy meeting later in the day.

Japan’s household spending rose at a double-digit rate in May as consumers bought cars and mobile phones, though the pace of growth slowed from the prior month as a new wave of COVID-19 infections weighed on consumer confidence.

Emerging markets saw more interest rate hikes in June as a hawkish pivot from the U.S. Federal Reserve amplified inflationary pressures in a number of developing economies.

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to intensify, several regional analysts said.

The $8.7 billion bid battle for Britain’s fourth largest supermarket group Morrisons (MRW.L) ratcheted up on Monday when a third private equity group, Apollo Global Management, entered the fray.

Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos.

WASHINGTON, July 2 (Reuters) – U.S. states halting federal unemployment

WASHINGTON, July 1 (Reuters) – Robinhood Markets Inc, the online

Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Emirates and Qatar Airways and revving up regional competition.

The boss of Sainsbury’s (SBRY.L) said on Tuesday his focus was on delivering the British supermarket group’s strategy rather than the takeover frenzy that has gripped the sector.

The New Zealand dollar rose on Tuesday after a strong business survey pulled forward rate hike expectations there to as soon November, while its Australian counterpart crept higher ahead of its own crucial central bank policy meeting later in the day.

Japan’s household spending rose at a double-digit rate in May as consumers bought cars and mobile phones, though the pace of growth slowed from the prior month as a new wave of COVID-19 infections weighed on consumer confidence.

Emerging markets saw more interest rate hikes in June as a hawkish pivot from the U.S. Federal Reserve amplified inflationary pressures in a number of developing economies.

Rare public disagreement between the United Arab Emirates and Saudi Arabia over OPEC policy points to a growing economic rivalry between the two largest Arab economies which only looks set to intensify, several regional analysts said.

The $8.7 billion bid battle for Britain’s fourth largest supermarket group Morrisons (MRW.L) ratcheted up on Monday when a third private equity group, Apollo Global Management, entered the fray.

Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos.

WASHINGTON, July 2 (Reuters) – U.S. states halting federal unemployment

WASHINGTON, July 1 (Reuters) – Robinhood Markets Inc, the online

Saudi Arabia plans to target international transit passenger traffic with its new national airline, going head-to-head with Emirates and Qatar Airways and revving up regional competition.
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