European shares closed lower on Tuesday, due to weak economic data and new tax rules in the U.S. hitting the pharmaceutical sector.» Read More
LONDON, Sept 23- Tesco Plc's disclosure of huge accounting mistakes over contracts with its suppliers shocked industry analysts and executives, but not because they didn't realise the potential for disaster.
European shares opened sharply higher Friday, after the vote count in a historic referendum showed Scotland said no to independence.
A host of business figures in the UK has come out against Scottish independence on economic grounds - but is this just “scaremongering” as some claim?
Britain's fourth-largest grocer WM Morrison saw its underlying pre-tax profit for the first six months of this year plunge 51 percent.
European shares closed flat to lower on Monday as investors weighed worse-than-expected manufacturing data against tensions in Ukraine.
Tesco has long been the risk averse investor's friend, but now a rise in revenue and expansion is looking less certain.
European closed mostly flat on Friday after the U.K. raised the odds of a terrorist attack on its soil to "severe" from "substantial"
Shares in Tesco closed nearly 7 percent lower, after the supermarket slashed profit expectations for the year and cut its dividend.
Price wars among the U.K.'s biggest supermarkets have driven down the cost of food, pushing the growth of the grocery market to a 10-year record low.
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.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
European shares closed lower on Monday as sentiment remained subdued due to the ongoing tensions in Gaza and Ukraine.
Tesco said its CEO Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after it issued a profit warning.
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.
Every single one of us, individual or corporate, who wishes to engage in any form of commerce, needs banks, writes Moorad Choudhry.
Here's a quick look at how London, Hong Kong and Singapore have changed over the last 25 years.
Financial services in the U.K. are the country's biggest exportable service and are now likely to help plug the current account deficit.
European markets finished slightly up on Friday afternoon, after wobbling around the flat line throughout the day.
Tesco management pleaded with shareholders to remain patient at a heated annual meeting on Friday.
A major Tesco shareholder has admitted the supermarket “has issues”, but called for patience as the retailer attempts to turn around.