The Federal Trade Commission sued to block Kroger’s bid for rival Albertsons, throwing into uncertainty the fate of one of the largest supermarket deals in history.
Nearly 75,000 customers reported problems texting and making calls on Downdetector.
Nestlé reported full-year earnings and sales that were just shy of expectations, and cautioned that sales growth will moderate this year as higher prices force shoppers to ease spending.
The world’s largest PC maker said it expects the global PC sector to recover to a level structurally higher than in the prepandemic period.
China’s reported ban on the net sales of equities during market opens and closes theoretically makes it easier to prop up reeling stocks, in part by hamstringing quantitative traders at critical parts of the trading day.
WPP’s full-year core profit slightly missed expectations and the advertising group guided for like-for-like revenue growth in 2024 of 0% to 1%, adding that it was confident of delivering accelerated and increasingly profitable growth over the medium term.