Bloomberg Industries' Allen on Tesco Sales Decline

June 5 (Bloomberg) -- Charles Allen, a European Union retail analyst at Bloomberg Industries, talks about Tesco Plc's revenue decline reported today. U.K. same-store sales fell 1 percent, excluding gasoline and value-added-tax, in the 13 weeks ended May 25. He speaks with Francine Lacqua on Bloomberg Television's "On the Move." (Source: Bloomberg)
Ace to Buy Chubb for $28.3B
16:19 - It’s the biggest acquisition in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. The deal is just the latest move in a recent acquisition spree for Ace. Bloomberg’s Nejra Cehic reports on “Countdown.” (Source: Bloomberg)
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