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Bidding war speculation gives UK’s Morrisons shares a boost

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LONDON — Shares in British supermarket chain Morrisons spiked by 11% on Monday as investors priced in the possibility of a bidding war for...

Fortress-led group to buy UK’s Morrisons for $8.7 billion

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LONDON — Morrisons, the U.K.’s fourth-largest supermarket chain, has accepted a 6.3 billion-pound ($8.7 billion) takeover bid from a group of buyers led by...

Ransomware attack before holiday leaves companies scrambling

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Businesses scrambled Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed...

France probes claims that retailers used forced Uyghur labor

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PARIS — French prosecutors have opened an investigation into alleged involvement in crimes against humanity based on claims that global retailers, including Uniqlo and...

Gap to close all UK, Ireland stores; shifts business online

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LONDON — In another blow to Britain's retail sector, American clothing company Gap said that it will close all of its stores in the...

Walgreens tops fiscal 3Q forecasts as recovery continues

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Walgreens earnings surged past Wall Street expectations for the fiscal third quarter, as the drugstore chain continued to rebuild sales hurt by the COVID-19...

Gas prices rise again, no sign of letting up this summer

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After a brief dip, gas prices in the U.S. are on the rise again. ...

South Africa tightens restrictions to fight resurgent virus

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JOHANNESBURG — Battling a fast-increasing surge of COVID-19 cases, South Africa has reintroduced tough restrictions including a ban on alcohol sales and an extended...

As infections soar, Siberian region imposes 2-week lockdown

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MOSCOW — Buryatia, a republic in Siberia, on Wednesday became the first Russian region to announce a lockdown because of a surge in coronavirus...

Connecticut governor signs recreational marijuana into law

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HARTFORD, Conn. — Gov. Ned Lamont on Tuesday signed a bill making Connecticut the 19th state to legalize recreational use of marijuana, which remains...