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the-mechanics

Exclusive: Albertsons in advanced talks to buy Price Chopper – sources

November 30, 2016 by · Leave a Comment 

U.S. supermarket chain Albertsons Companies Inc is in advanced talks to acquire closely held grocery store operator Price Chopper for around $1 billion, people familiar with the matter said on Tuesday. A deal would underscore the wave of consolidation sweeping the U.S. grocery industry, as regional chains struggle to compete against online retailers such as Amazon.com Inc , big box stores such as Wal-Mart Stores Inc , and discount chains such …

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Exclusive: Albertsons in advanced talks to buy Price Chopper – sources

the-mechanics

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

November 30, 2016 by · Leave a Comment 

By Ahmad Ghaddar and Vladimir Soldatkin VIENNA (Reuters) – Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a deal to limit output and boost the price of crude when it meets on Wednesday. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers over the mechanics of output …

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Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting