Tesco PLC


  • HONG KONG, Aug 21- Hong Kong's benchmark share index posted its biggest daily loss in two weeks on Thursday, after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, triggering broad profit-taking on recent gains.

  • As food inflation nears 10 percent, the new government of Prime Minister Narendra Modi faces accusations that it is doing no better at reining in prices than the Nehru-Gandhi dynasty's Congress party, which suffered its worst election defeat in May.

  • 25 Years of CNBC: How things have changed Sunday, 6 Jul 2014 | 6:41 PM ET

    Here's a quick look at how London, Hong Kong and Singapore have changed over the last 25 years.

  • London's bankers 'to reignite UK economy' Monday, 30 Jun 2014 | 4:13 AM ET

    Financial services in the U.K. are the country's biggest exportable service and are now likely to help plug the current account deficit.

  • Europe markets finish slightly up; Rolls Royce gains Friday, 27 Jun 2014 | 11:30 AM ET

    European markets finished slightly up on Friday afternoon, after wobbling around the flat line throughout the day.

  • Under-fire Tesco management plead for patience Friday, 27 Jun 2014 | 7:33 AM ET

    Tesco management pleaded with shareholders to remain patient at a heated annual meeting on Friday.

  • Tesco has issues; be patient: Shareholder Friday, 27 Jun 2014 | 1:06 AM ET

    A major Tesco shareholder has admitted the supermarket “has issues”, but called for patience as the retailer attempts to turn around.

  • Could Scotland become ‘Frankfurt of the North’? Monday, 23 Jun 2014 | 8:51 AM ET
    Royal Bank of Scotland headquarters, Edinburgh

    Scotland could become a financial hub to rival Frankfurt and also double its wealth over the next 25 years, a new report claimed.

  • UK inflation slides to lowest since October 2009 Tuesday, 17 Jun 2014 | 5:13 AM ET

    Falling food prices pushed U.K. inflation down once again in May as price growth remains well below the Bank of England's target.

  • Sainsbury's sales fall as King era draws to a close Wednesday, 11 Jun 2014 | 2:15 AM ET

    Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as Chief Executive Justin King prepares to step down.

  • Europe stocks close lower ahead of ECB meeting Wednesday, 4 Jun 2014 | 12:33 PM ET

    European shares closed lower on Wednesday after the release of business activity data for the euro zone showed a small downtick for last month.

  • Tesco reports steep sales fall, blames price cuts Wednesday, 4 Jun 2014 | 12:13 PM ET

    U.K. supermarket chain Tesco on Wednesday reported a sharp fall in first-quarter sales, hurt by price cuts and subdued consumer spending.

  • *Opening up of online retail to benefit Amazon, eBay. MUMBAI/ NEW DELHI, June 4- India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets.

  • Miners help Europe to close higher on China data Monday, 2 Jun 2014 | 11:47 AM ET

    European shares closed higher on Monday with investor sentiment boosted by upbeat Chinese manufacturing data.

  • *Tesco's 191 stores in Turkey see poor trading. *Turkey talks part of strategy to focus on Britain. ISTANBUL, May 27- UK- based retailer Tesco Plc has failed to reach a deal with unnamed third parties over its struggling business in Turkey, a new setback for Chief Executive Philip Clarke as he seeks to rein in global expansion to focus on reviving the business at home.

  • *Tesco's 191 stores in Turkey see poor trading. *Turkey talks part of strategy to focus on Britain.

  • Candy crush! Checkout treats banned here Thursday, 22 May 2014 | 9:28 AM ET

    UBritain's Tesco has pledged to remove checkout confectionery from all stores before the end of 2014, amid rising concern over health and well-being.

  • UK grocer Morrisons sales continue to slide Thursday, 8 May 2014 | 2:09 AM ET

    Britain's No.4 grocer Morrisons sales continue to slide, hurt by price cuts and its relative lack of exposure to online and convenience markets.

  • UK grocer Sainsbury's profit growth slows Wednesday, 7 May 2014 | 3:29 AM ET

    British grocer J Sainsbury posted a 5.3 percent rise in annual profit, its slowest growth in nearly a decade.

  • German retailer Metro to step up expansion in India Monday, 5 May 2014 | 7:00 AM ET

    *Uncertainty over India stance on foreign retailers. DUESSELDORF, May 5- German retailer Metro AG wants to step up expansion in India and is planning to have 50 wholesale stores in the country by 2020, up from 16 now, as part of a broader strategy for growth in emerging markets.