U.K. supermarket Morrisons announced it is going into partnership with online delivery service Ocado on Friday.» Read More
U.K. supermarket Morrisons announced it is going into partnership with online delivery service Ocado on Friday.
LONDON, April 25- Ocado Group PLC:. *Arrangements under discussion do not involve morrison acquiring either the. whole of, or an equity stake in, Ocado.
European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.
Supermarket chain Sainsbury plans to combine cost cuts with expansion in 2013, CFO John Rogers told CNBC Wednesday, with the group determined to lure more cash-strapped consumers to its mid-range supermarkets.
European shares finished in negative territory Monday, but financials helped limit losses after global banking regulators announced a watering down of key elements of their plan for banking rules.
Britain's Tesco, the world's No. 3 retailer, has launched a strategic review of its loss-making United States chain Fresh & Easy.
LONDON, Dec 3- A committee of UK lawmakers has called on government to crack down on multinational companies that make substantial sales in Britain but pay little tax here, echoing demands from leaders across Europe for measures to tackle corporate tax avoidance.