Tesco Plc, the U.K.’s largest grocery company, said it will likely leave the U.S. after announcing a review of its Fresh & Easy unit in the country and the departure of the unprofitable business’s head.
Will HMV survive in any form, and is its collapse a sign that banks are feeling more confident that they have sufficient capital to absorb losses from a rising incidence of insolvencies, which could be a precursor to stronger economic recovery?
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