LONDON (AP) - British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain.
BERLIN (AP) - Britain's top diplomat has urged Germany to relax its ban on arms sales to Saudi Arabia because they are affecting U.K. sales of weapons to - and by extension its influence with - the oil-rich kingdom.
TOKYO (AP) - The newly appointed star defender for former Nissan chairman Carlos Ghosn said Wednesday that he believes the case against his client does "not meet international standards" and could scare international businesses away from Japan. Junichiro Hironaka, who was appointed part of Ghosn's defense team last week, also said he believes his trial might not get underway until after the summer.
TOKYO (AP) - Japan reports its exports tumbled 8.4 percent in January from a year earlier, as slowing Chinese growth pushed its monthly trade deficit to the highest level in nearly five years. Exports to all of Asia dropped 13 percent year-on-year, largely due to the 17 percent plunge in shipments to China, where growth recently has fallen to its slowest pace in three decades.
Minutes show Fed officials noted number of rising threats Southwest grapples with new labor and revenue problems Samsung folding phone is different - but also almost $2,000 Trump says trade deal will determine outcome on auto tariffs French court hits Swiss bank UBS with $5.
Federal officials have told Southwest Airlines to fix the way it calculates the weight of luggage loaded on flights after finding frequent mistakes during a yearlong investigation. Southwest said Tuesday that it has made improvements in its methods for calculating the weight and balance of loads, and that it isn't facing enforcement action. The airline said that it voluntarily reported the issue to the Federal Aviation Administration last year.
Stocks shook off an early wobble on Wall Street Tuesday, finishing modestly higher and extending the market's gains into a fourth week. Solid earnings from Walmart encouraged investors to bid up other retailers and consumer goods companies. Communication services stocks and banks also contributed to the broad gains. Homebuilders also notched gains following an industry survey showing improved confidence among builders heading into the key spring homebuying season.
NEW YORK (AP) - Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations. The world's largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it expanded its online assortment and services. Shares moved higher in afternoon trading Tuesday.