Private equity firm MBK Partners and Singapore state investor Temasek Holdings are bidding for Tesco's South Korea arm.» Read More
The U.K. grocery market has fallen into decline for the first time on record, as discount retailers lead a price war.
Indian retailers are struggling to keep up online as e-commerce garner large investments.
Supermarket chain Sainsbury's reported half-year underlying pre-tax profit fell 6.3 percent to £375 million ($596.8 million).
European stocks ended the day in the green on Tuesday afternoon, after fluctuating throughout in the day.
European shares closed higher on Monday, with Carlsberg among the biggest gainers after reporting earnings.
All major European indexes closed lower on Monday after data revealed euro zone manufacturing activity expanded less than expected in October.
U.K.'s Serious Fraud Office confirmed it has formally launched a criminal investigation into accounting practices at Tesco.
European shares traded lower, amid concerns about the results of Europe's bank stress tests and the first Ebola case in New York.
European shares enjoyed a late-stage rally after better-than-expected economic data and in spite of worries over lackluster earnings.
Tesco's earnings statement reveals that the UK supermarket giant had overstated profits for the first half of 2014 by £263 million.
Warren Buffett is happy to admit his mistakes when he makes them—just don't remind him how much money he lost in the process.
Spare a thought for Warren Buffett, whose portfolio is not doing him any favors this week.
New Tesco boss Dave Lewis must look at selling assets in Britain and abroad.
Warren Buffett, the legendary investor and chairman and chief executive of Berkshire Hathaway, has cut the company’s stake in UK supermarket Tesco.
Carrefour, the world's second-biggest retailer, said on Thursday that like-for-like sales growth slowed in the third quarter, reflecting low consumer sentiment in austerity-hit southern Europe, and falling fruit and vegetable prices across the region.
Britain's biggest retailer Tesco has suspended another three employees as part of a probe into a 250 million pounds ($399 million) profit mis-statement, taking the total number of suspended staff to eight.
European shares closed mixed on Monday, as positive data from China failed to boost sentiment.
Tesco has asked a fifth senior executive to step aside as it probes an overstatement of its expected profits, the Financial Times reports.
It was a positive start to the week for stocks in Europe, although the German DAX pared gains following disappointing data from the country.
Tesco has beefed-up its board with the appointment of two new non-executive directors who provide retail and international experience.