Joe Rundle, head of trading at ETX Capital, talks about the U.K.'s supermarket business, and advises going long on Tesco, due to its restructuring program.» Read More
Joe Rundle, head of trading at ETX Capital, talks about the U.K.'s supermarket business, and advises going long on Tesco, due to its restructuring program.
A Hong-Kong entrepreneur spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.
The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.
Thailand's richest man bid $6.6 billion to buy cash-and-carry wholesaler Siam Makro from Dutch firm SHV Holdings, the biggest Asia-Pacific M&A deal this year.
Tesco wrote down the value of its global operations by $3.5 billion and announced plans to exit the U.S., after a year in which profit fell for the first time in two decades.
Laurie McIlwee, CFO of Tesco, talks to CNBC about why the company failed in the US and what their growth strategy is in Europe.
Stewart Richardson, partner at RMG Wealth Management, tells CNBC that the UK consumer is in a difficult place and the government must do more to help the private sector.
Jim McCaughan, CEO of Principal Global Investors, tells CNBC that Tesco was unlucky in the US as they came into competition with Wholefoods which dominated that market.