| | Aldi still thriving in UK, despite rivals' claims, says CEO | | ATHERSTONE, England (Reuters) - Aldi is widening a price gap with rivals in Britain and is still delivering underlying sales growth there, the head of its UK business told Reuters, denying the discount supermarket was suffering the effects of a fightback by bigger chains. |
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| | Trump tax cut talk, Chinese data spur risk rally | | LONDON (Reuters) - The dollar rose and U.S. stock futures held near record highs as investors cheered upbeat Chinese trade data and hopes of business-friendly tax cuts in the United States, although lingering concerns over political risks kept gains in check. |
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| | Oil overhang points to need for extended OPEC output cuts | | LONDON (Reuters) - An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer group will fall short of achieving its objective of rebalancing the market. |
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| | Sears to cut costs, pension obligations | | (Reuters) - Struggling retailer Sears Holdings Corp reported a 10.3 percent drop in comparable store sales for the holiday quarter, and said it would cut debt and pension obligations by at least $1.5 billion this year. |
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