Business – Page 63

Kroger-Albertsons Lawsuit Heats Up Over Claims of Intentional Divestiture Failures

Albertsons alleges Kroger tried to divest unprofitable stores during the failed merger, according to a review of recently unsealed court filings.

G7 nations agreed to accelerate diversification of energy supply routes and increase energy stocks to reduce Strait of Hormuz vulnerability.

The South Korean data protection commission levied a record fine on e-commerce giant Coupang for exposing personal data from millions of accounts.

G7 members debated how to address China’s growing dominance in high-value industries, with France framing it as a second China economic shock.

Kuwait has reopened its airspace to commercial aviation after a temporary closure triggered by Iranian attacks in the broader region.

May retail sales data exceeded forecasts, rising 0.9% month-on-month and signalling consumer resilience ahead of a critical FOMC meeting.

Saba Capital’s four independent nominees were elected to the Impax board with approximately 71% of votes cast in favour at a contested meeting.

New Federal Reserve Chairman Kevin Warsh chairs his inaugural FOMC meeting as inflation hits its highest level in more than three years.

The discount supermarket chain has introduced a rewards scheme allowing shoppers to earn points for free products and personalised coupons.

Iran will be allowed to begin selling oil immediately under the peace agreement, triggering a significant drop in global crude prices.