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?» Read More
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.
Scotland could become a financial hub to rival Frankfurt and also double its wealth over the next 25 years, a new report claimed.
Falling food prices pushed U.K. inflation down once again in May as price growth remains well below the Bank of England's target.
Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as Chief Executive Justin King prepares to step down.
European shares closed lower on Wednesday after the release of business activity data for the euro zone showed a small downtick for last month.
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.