Stocks Tesco PLC


  • Airline founder opens store selling food at 36¢ Tuesday, 2 Feb 2016 | 11:02 AM ET
    Stelios Haji-Ioannou.

    The founder of airline EasyJet, has expanded his horizons to open a discount food store, where U.K. customers can buy food products for super cheap.

  • Markets finished sharply lower Thursday, as corporate earnings weighed on sentiment and investors struggled to find solace in the oil price pick up.

  • Europe closes up despite oil; retail outperforms Tuesday, 12 Jan 2016 | 11:30 AM ET
    Oil workers drilling

    European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.

  • Only 1 big supermarket chain gets a Christmas bonus Tuesday, 12 Jan 2016 | 3:32 AM ET
    Customers push shopping carts as they look for goods inside a Sainsbury's supermarket store.

    Only one of the U.K's biggest retailers gained market share in the ultra-competitive Christmas period, according to the latest industry figures.

  • European stocks finished in negative territory on Friday, in what has been a turbulent week for markets.

  • Europe ends higher despite China concerns; VW slips 4% Tuesday, 5 Jan 2016 | 11:53 AM ET

    European markets finished higher on Tuesday, as global sentiment regained some ground after steep falls in the previous session.

  • Europe ends mixed as oil recovers; miners jump Tuesday, 22 Dec 2015 | 11:48 AM ET

    European stocks attempted to make gains on Tuesday, but closed mixed as the volatility in oil prices kept investors on edge.

  • Europe ends 2.9% higher on oil recovery; DAX up 3.1% Tuesday, 15 Dec 2015 | 11:57 AM ET

    European equities finished sharply higher on Tuesday, as investors cheered a recovery in oil prices and positive data from the autos sector.

  • World's largest security company ejected from FTSE 100 Wednesday, 2 Dec 2015 | 10:54 PM ET
    A G4S private security guard stands at the perimeter fence of the International Convention Center ahead of the Conservative party conference in Birmingham, England.

    The world's biggest security company, G4S, has been ejected from the FTSE 100 along with supermarket group Wm Morrisons.

  • NEW YORK, Nov 25- Tesco Plc has agreed to pay $12 million to settle a U.S. shareholder lawsuit claiming that accounting irregularities inflated the share price of Britain's largest retailer. The all-cash settlement was disclosed in filings on Wednesday in the U.S. District Court in Manhattan, and requires court approval. Wednesday's settlement covers...

  • Amazon takes on UK supermarkets with 'Pantry' offer Friday, 13 Nov 2015 | 9:33 AM ET

    Online retailer Amazon has stepped up the pressure on Britain's traditional supermarkets with the nationwide launch on Friday of a packaged groceries offer.

  • Europe ends higher; Draghi disappoints; TalkTalk surges Wednesday, 11 Nov 2015 | 11:47 AM ET
    European Central Bank President Mario Draghi.

    European equities finished higher, despite a speech by the European Central Bank disappointing market watchers.

  • News flash! Events that changed big business Tuesday, 10 Nov 2015 | 1:13 AM ET
    Morgan Spurlock of the documentary 'Super Size Me', where he ate only McDonald's for 30 days, shown with a Big Mac, 26 May 2004.

    Social media has flourished to the point where it can trigger businesses to change their policies. CNBC takes a look.

  • The retailer started sounding the blue sirens used to flag the surprise, 15- minute long deals to shoppers at its 942 stores on Friday, and will kick-off a marketing campaign to highlight the move with a TV ad on "Sunday Night Football" on NBC. "It's part of our DNA," said Kmart President Alasdair James, a former executive at British retailer Tesco PLC who joined the...

  • Oct 30- Fresh& Easy filed its second bankruptcy in two years on Friday after billionaire Ron Burkle was unable to turn around the West Coast grocery chain, which is in the process of closing down. British grocer Tesco Plc launched Fresh& Easy in 2006 with many industry analysts expecting the deep-pocketed company to challenge the dominance of Wal-Mart Stores Inc.

  • SHANGHAI, Oct 16- A rare glimpse at figures for a number of Wal-Mart Stores Inc's China outlets shows sales slid 6 percent last year, casting a shadow over the firm's target for China to account for a quarter of its global retail growth over the next five years. The U.S. retail giant doesn't break out its China store sales, but a local joint venture partner submitted...

  • HONG KONG, Oct 14- Some hedging products that were used only sparsely for years are making a comeback now, driven by a surge in cross-border mergers and acquisitions to a record at a time of heightened currency volatility, bankers say. The deal frenzy, sparked by cheap financing and plentiful cash at companies, comes during unsettled times for global financial...

  • SHANGHAI, Oct 9- A unit of conglomerate China Resources Corp plans to sell minority stakes it holds in 21 Wal-Mart Stores Inc outlets around China, a spokesman for the U.S. retailer told Reuters on Friday. Wal-Mart, France's Carrefour SA and Britain's Tesco PLC have all seen sales growth slip over the last five years in China, losing market share to local rivals,...

  • European stocks close flat; autos, miners outperform Wednesday, 7 Oct 2015 | 11:30 AM ET

    European stocks pared gains to close flat on Wednesday, with auto stocks and miners outperforming after some recovery in oil prices.

  • Europe ends mixed; Tullow Oil soars; Altice sinks Thursday, 1 Oct 2015 | 11:30 AM ET

    European stocks closed mixed to lower on Thursday, as start-of-quarter enthusiasm petered out among investors and telecom stocks weighed on investor sentiment.