Mike Coupe has been instrumental in making life difficult for Britain’s supermarket leader Tesco Plc. In his new position as chief executive officer of J Sainsbury Plc, he may have the tables turned on him.
Michaela Angle has a taste for refined things. The London estate agent drives a silver BMW and is planning a Christmas dinner full of luxury fare. This year, however, she’s buying more than ever at Lidl, the German grocer better known for cut-throat pricing than holiday treats.
The U.S. Securities and Exchange Commission approved a rule barring financial advisers to state and local governments from engaging in deceptive practices, one of the first steps to regulate the business.
German bratwurst and Hugo Boss suits are set to vie with croissants, camembert and other French staples in shops at London’s Channel Tunnel terminus as the station prepares for direct trains from Cologne and Frankfurt.