Popular in Europe, Vinted is disproving the conventional wisdom about the resale market. Can it eventually crack the U.S.?

The Wall Street Journal reported Sunday that the companies were in advanced merger talks.

Find insight on the impact of planned U.S. tariffs, Singapore Post and more in the latest Market Talks covering the Auto and Transport sector.

The Competition and Markets Authority said the deal will likely boost competition in the U.K. mobile sector, but would only proceed if both companies implement certain conditions.

The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.

Read about Rio Tinto, China’s lithium supply and more in the latest Market Talks covering Basic Materials.