changes because of that, like sainsbury's and asked?way, one good summer does not change the strategic outlook and the fundamental is aldi and lidl, the discount retailers, have grown very quickly, they have up to 13.1% market share, which has squeezed everybody else and is one of the driving forces behind the proposed asda and sainsbury's merger. in the retail world is awash with speculation about what tesco will announce, are they going to announce their own discount brand ? announce, are they going to announce their own discount brand? the other issueisif their own discount brand? the other issue is if we will have a very warm autumn, unusually warm, we will not buy the winter gear on sale at the moment, what is a good summer will hate in the winter? what happened over the summer camps do nothing in autumn, christmas is exceedingly important for all of the supermarkets. we need to keep an eye on the fact that prices are creeping up on the fact that prices are creeping up again, like—for—like growth three inflation has reached 2%, not

scribbles had eaten there last march and were later found slumped on a public bench outside the nearby sainsbury's supermarket and now this latest incident happened at another italian restaurant chain called pretz so and it's just a stone's throw away from the scene of this crippled case. so beer gets this all seems to be just too much of a coincidence or do you feel that this is just a case of media frenzy looking at the fact that we also had this poisoning of sergei script all and his daughter just a few months ago. well the police so that the ambulances so it's not something that's being whipped up by the media of course all the conclusions people who are on social media might draw a small thing that we can move and say it's true books obviously something that people will be worried about because it's the thought that poisoning that's happening in salisbury we had to squeeze paul's but then we had also two other people who would fall in the and one of them later died and as it seems as accidentally coming and talk with no we talk so it's the fat in salisbury. really worrying for the people in s

sainsbury in place in. two thousand and sixteen and also this time we have no time to. think and we have no time to. a friendly match. sometimes this will get to defeat then you flop into if you are a player and you happen to miss a ball night after scoring a goal in those last counting outside if you know something that like this the loss of my voice told me. today they were after i was too out to play with. my own long. since they are the teams being ever. survived and we are hoping that here we are to where it is game so safely. with ours no injuries and without know our music around wish i believe we can win these big goals and that. they will not. like the past some of us just lay off eight of them but they are humans life was going to try with some of them. yet they are human the more we can do is accept them in what they feel happy. today is my very being happy as being in my life because i'm seeing michael in survival i figured out seeing people on laugh we need to hold each badass. absolutely. and. i guess force. so we have to do what is it you know. we have as

said it was on track to grow its full-year margin >>> britain's competitional authority referred sainsbury'so an in depth review saying the stores overlap in hundreds of local area the cma said shoppers could face higher prices or worse services where both chains had shops. >>> nestle, unilever and coca-cola submitted bid for horlicks the unit is expected to be sold for around $4 billion with multiple reports saying the three consumer firms are among the bidders. a nestle spokesperson said we do not comment on market rumors i didn't watch football last night, i was on a plane, but the more things change the more they stay the same in the champions league as a lionel messi has the trick helped his team. adam will be up next when bob barnett made the first commercial wireless phone call in 1983. yes, this is bob barnett in chicago. (john) we were both working on that first network that would eventually become verizon's. back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the bill

tesco and sainsbury is on the board.ter that higher than expected inflation figure. but all of that leaving the ftse100 pretty much unchanged. a british satellite has for the first time successfully thrown a net into orbit to demonstrate how to capture a piece of space debris. there are millions of items of space junk floating around the earth which pose a risk to operational spacecraft and satellites. the experiment was a demonstration of the type of clean—up operation scientists say will have to become routine if we want to keep exploring and using space. our science reporter laura foster has more. from old bits of rocket to small tools dropped by spacewalking astronauts, there is more than 7,500 tons of space junk littering earth's orbit. there is so much, this rubbish could cause problems for our gps systems, phone and television signals, and the systems we use to predict the weather. so scientists have devised this satellite, called remove debris. launched injune, it has now successfully fired a net and captured a p

the sainsbury ceo gave an regulatorsaying that making itthe merger not profitable.res are now lower high 0.2%. richemont announced today a new ceo. they also reported stock going up by nearly 2%. thank you, very much. sweden may face weeks of political gridlock after sunday's election produced and inconclusive result. let us get the latest from onckholm and our reporter the ground, marcus forrester. talk about yesterday's results. marcus: they have a knot to solve behind me in parliament. they have two weeks to get there x in a row in order to form the next swedish government. it is looking quite difficult at the moment it needs to be said with the current ruling coalition, the left-wing coalition led by the social democrats. the opposition, the center-right opposition has 143 seats. to put that in context, to get a working majority, the -- you need 175 seats. both sides are far from that level which puts the populist party very much front and center in swedish politics. a have 62 seats after yesterday's election which makes them the kingmakers. the question now is

kingfisher, -- i want to move on to sainsbury. we do have some numbers coming through there.f the referred for an in-depth look here. it says that it raises sufficient concerns. those are headlights coming through there. a bit of breaking news there on the retail space. let's check what is happening on bonds. not a lot going on. the 10 year treasury yield is still holding above 3%. we gained six basis points yesterday. spread lin dunn yesterday. we'll see if that continues. let's get the bloomberg first word news. >> thanks. china won't devalue its currency in order to make its exports more competitive. that is the message from the after his country retaliated against the latest increase in tariffs from the trump administration. the offshore yuan rose after the comments. the u.s.-china trade were deepened as aging announced retaliatory tariffs on $60 billion of american goods. in response to donald trump and ordering is a ministration to levy 10% tariffs on $200 billion of chinese goods and to increase to 25% ifn january beijing refuses to offer trade concessions. beijing has

over 400 stores around the uk are very close to each other, 400 sainsbury's and asda stores in similarther that's good for the consumer, consumer if they merge, less competition in the area may be. huge figures, watchdog is to probe for billion—dollar loyalty rip—off of consumers —— watchdog. citizens advice have put in a super complaint to the authorities to say you need to look at the fact that people are loyal, whether it is mortgages, mobile, broadband, if you are loyal, you don't get as good a deal. it is familiar, lots of people say this, you stay with someone and you get treated worse. it can be £900 a year. older consumers tend to be more loyal. and less likely to use some be more loyal. and less likely to use some of the newfangled apps to switch and that kind of thing. we will talk about that through the morning. the ryder cup dominating the back pages and lots being made about thomas bjorn, the captain of europe, he's been called the gamble, so europe, he's been called the gamble, so many first timers in the ryder cup. four in the opening 4—balls this morning that he has sel

it's a huge business. huge business. to the likes of sainsbury is and asda, they are about 15% each. make them combined bigger than tesco. them combined bigger than tesco. marketshare, but they are quite small in comparison. aldi and lidl, 7. 5% and 5. back, by launching a new discount store, our budget store. look at this. no idea. revealing something. they've had to sign nondisclosure agreements. so as not to reveal anything. anything. know they are going to be called jack's. there we are. this is a nod to the founder of tesco. tesco. back in 1919, tesco was founded byjack coyne. founded byjack coyne. 100 years, it's grown from one store to over 2500 across the uk. to over 2500 across the uk. uk and at its peak, it was making over £2 billion. over £2 billion. it's had a bit of trouble since then. trouble since then. other supermarkets have been nipping away. away. that's why they want to bring this out. this out. we know there are going to be about 100 of these stores. be about 100 of these stores. is it going to work? going to work? seen big supermarket chains do this before. befo

disclosed but he earned more than £10 million from a previous 11—year deal with rival store chain sainsburyshe shares would have listed in stockholm. jack ma, the boss of chinese e—commerce giant alibaba, is to step down next year. mr ma, one of china‘s richest men, will hand over the reins to daniel zhang, currently chief executive. alibaba is one of the world‘s most valuable companies — its shares nearly doubled in value last year. no wonder he is smiling. at about one third, ftse100. debenhams, real concern about what happens next. the reports that it has called in the accountancy firm kpmg. that is worrying investors. a new poll says middle—aged drinkers find cutting back on alcohol far harder than eating healthily or exercising. the yougov study also says they‘re more likely than other age groups to drink more than the recommended 1a units a week. a public health england campaign is urging people between the ages of 45 and 65 to have regular "drink—free" days. the duke and duthcess of sussex are to make their first major overseas tour as couple on a visit to the pacific region in octobe