Sainsbury First-Half Profit Gains 5.4%

J Sainsbury Plc, the U.K.’s third- largest supermarket company, said first-half profit increased 5.4 percent as the retailer’s Brand Match campaign helped attract cost-sensitive shoppers.

Seoul Closes Gaeseong Complex Over Rocket Launch
59:21 - South Korea has promised a tough response to the North's rocket launch last weekend taking immediate economic action. It's closed their jointly operated Gaeseong Industrial Complex which will hit Pyongyang in the pocket. Bloomberg's Peter Pae reports on "Trending Business." (Source: Bloomberg)
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