Tesco PLC


  • UK graduate hiring seen at highest since 2007 Monday, 13 Jan 2014 | 7:32 AM ET
    People stand outside the Job Centre in Chatham, in south-east England

    Major employers plan to recruit around 1,200 extra U.K. graduates this year, sending recruitment to a seven-year high, according to a report.

  • Bleak Christmas for top UK supermarkets Thursday, 9 Jan 2014 | 3:39 AM ET

    British retailers suffered a sales drop over the festive period, the latest in a long line of disappointing results for the sector.

  • The company, which supplies shirts, trousers and other apparel for global retailers including Wal-Mart Inc, is one of the biggest players in Bangladesh's $22 billion garment industry that has seen orders cut nearly in half in the last three months- the worst drop in two decades, according to the Bangladesh Garment Manufacturers& Exporters Association.

  • MUMBAI, Dec 19- It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.

  • MUMBAI, Dec 19- It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.

  • Europe shares close lower as Fed fears kick in Tuesday, 17 Dec 2013 | 11:30 AM ET

    European equities closed lower on Tuesday as investors looked ahead to the U.S. Federal Reserve's last policy meeting of the year.

  • MUMBAI/ NEW DELHI, Dec 17- Britain's Tesco Plc is set to become the first foreign supermarket to venture into India's $500 billion retail sector after announcing on Tuesday it had applied to buy a 50 percent stake in Tata Group's Trent Hypermarket Ltd..

  • Europe shares close down for third day on US jobs data Wednesday, 4 Dec 2013 | 12:08 PM ET

    European equities closed lower after U.S. jobs data increased concerns that the Federal Reserve would "taper" its bond-buying program soon.

  • Tesco sales decline ahead of key Christmas period Wednesday, 4 Dec 2013 | 1:00 AM ET

    Supermarket Tesco reported a sharp drop in third-quarter like-for-like sales on Wednesday, as the retailer struggles to woo cash-strapped consumers ahead of the key Christmas trading period.

  • Europe shares close lower; retailers fall Monday, 2 Dec 2013 | 12:23 PM ET

    European equities closed lower as Spanish shares sunk on disappointing data, while retailers struggled on the first day of December trade.

  • Tesco finds pain pills in ice cream cones Saturday, 16 Nov 2013 | 9:36 AM ET

    Tesco recalled an ice cream product after pain relief tablets were found in two of its own-brand chocolate and nut cones.

  • Sainsbury's gains market share, earnings rise Wednesday, 13 Nov 2013 | 2:00 AM ET

    Sainsbury's reported half-year underlying pre-tax profit of £400 million on Wednesday, versus £374 million a year ago.

  • Europe stocks close higher on Fed stimulus hopes Tuesday, 22 Oct 2013 | 12:22 PM ET

    European shares closed higher following the latest U.S. jobs report.

  • Futures nudge higher after September jobs report Tuesday, 22 Oct 2013 | 9:09 AM ET

    U.S. stock index futures tread water on Tuesday, ahead of the publication of the government's delayed non-farm payrolls data for September.

  • Buffett's Berkshire cuts Tesco stake by one-fifth Tuesday, 22 Oct 2013 | 1:18 AM ET

    Billionaire Warren Buffett's Berkshire Hathaway last week slashed its stake in the world's No.3 retailer, Tesco, by about one-fifth, according to a stock market filing.

  • European companies and their investors have been pinning hopes on growth in the U.S. and Asia to offset weak growth at home — but strategists have told CNBC that stock-pickers should be very careful to avoid big third-quarter disappointments.

  • Europe markets close down as US shutdown drags on Thursday, 3 Oct 2013 | 11:30 AM ET

    European shares closed lower, tracking the downward trend in U.S. stocks as the budget deadlock in Washington continued.

  • Europe stocks close down but Italy recovers Wednesday, 2 Oct 2013 | 12:07 PM ET

    European shares closed down on Wednesday, as the U.S. government shutdown continued and jobs data came in weak.

  • Who’s winning the UK supermarket wars? Wednesday, 2 Oct 2013 | 6:49 AM ET
    Shoppers walk down 5th Avenue in New York City.

    The U.K. supermarket landscape is changing, with Tesco’s long-held place at the top of the market beginning to look shaky.

  • J Sainsbury, Britain's third-biggest grocer, met forecasts with a pick-up in quarterly sales driven by growth at local convenience stores and online, outperforming rivals including market leader Tesco.

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