JD.com offers concessions in EU probe of Ceconomy takeover bid
Chinese e-commerce group JD.com has proposed remedies to the European Commission (EC) as part of its in-depth investigation into the…
21 Aug 2026
Canada’s Roots Corporation to go private in Marquee Brands deal
Canadian outdoor and lifestyle brand Roots Corporation has agreed to be taken private by US brand management company Marquee Brands. Under the agreement, shareholders will receive C$4.10 (US$2.98) in cash…
21 Aug 2026
France fines Boohoo UK €2.33m over misleading discounts
France's consumer watchdog has imposed a €2.33m ($2.72m) fine on UK online fashion retailer Boohoo following an investigation into misleading commercial practices on the French version of its website. The…
21 Aug 2026
Walmart raises FY27 outlook after Q2 net sales rise 5.9%
Walmart reported second-quarter results for the period ended 31 July 2026, with net sales rising 5.9% to $186.10bn. The US retail giant has also raised its fiscal 2027 (FY27) guidance.…
20 Aug 2026
China blocks cooperation with EU probe into JD.com’s Ceconomy bid
China has ordered domestic entities not to cooperate with a EU investigation into e-commerce company JD.com, alleging that the probe constitutes “undue extraterritorial jurisdiction”. China's Ministry of Justice, together with…
20 Aug 2026
UK food inflation falls to near five-year low
UK food inflation fell to 1.3% in July, its lowest rate since September 2021, even as wider inflation rose and household energy costs increased sharply. The divergence highlights contrasting pressures…
20 Aug 2026
Target’s Q2 net earnings rose 100.8% on tariff refund boost
US retailer Target reported net earnings of $1.87bn for the second quarter (Q2) ended 1 August 2026, up 100.8% year-on-year (YoY), and raised its full-year guidance. Net sales for the…