US grocer Albertsons scales back stock market listing

Albertsons, the private-equity owned US grocery store group, has priced its initial public offering below the previously announced range and has scaled back the listing, in a sign of weak investor demand.The group, which includes the Safeway supermarket chain, will...

EU delays reform to futures market by a year

Brussels is delaying by a year the introduction of rules to boost competition in Europe’s futures markets, postponing the measures less than two weeks before they were due to go live. The European Parliament and Croatia, which holds the EU’s rotating presidency, made...