"The only way an international airline can fly from one country to another is if there's a bilateral agreement between the two countries -- and that agreement will invariably express that each airline has to be substantially owned and effectively controlled by nationals of their country, " he said.

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American Express Financial Advisors also requires every financial planner to sign an agreement that he or she will not solicit his or her American Express clients for one year after leaving.

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Mr Leckey said the Commission, which was established last year under the terms of the Good Friday Agreement, did not have express statutory power to step into proceedings.

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American Express would not disclose terms of the economic agreement with Walmart.

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However, BBC transport correspondent Tom Symonds said it was generally accepted that the franchise would return to the government at some point after National Express failed to alter the terms of its agreement.

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This type of agreement is implemented in countries where American Express has a propriety card business.

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Five more locations will open as a result of an agreement between NASCAR Car Wash Company and Spotless Express and Sparkles, which already owns car washes in the Chicago area.

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"Regulatory officials in Wales continued to express strong reservations about the methodology, but at this late stage, recognising the need to reach agreement, as this option produced the least damaging impact on outcomes for Wales, Welsh Government officials reluctantly agreed to accept this amendment to the outcomes which resulted in an overall 3.9 percentage point fall in outcomes for Wales".

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