European equities finished higher on Thursday as investors digested fresh data from the euro zone.» Read More
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.
Billionaire Warren Buffett says he made a big mistake investing in Tesco.
Thursday's Good, Bad and Ugly is all Warren Buffett, talking about a bet he made, how he doesn't like bonds, and his big regret.
U.S. law firms are appealing for burnt investors in Tesco to get in touch, after the supermarket giant revealed it had massively overstated profits.
U.K. supermarket chain J Sainsbury saw sales slip in its second quarter, with shoppers making more frequent visits but spending less on each trip.
Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of a major accounting scandal.
Discount supermarket Aldi has had a record year in the U.K. and Ireland, seeing a 65 percent jump in profits in the region.
Warren Buffett has lost over $700 million on his investment in U.K. supermarket Tesco, which has seen shares fall around 43 percent this year.
European shares closed lower on Tuesday, due to weak economic data and new tax rules in the U.S. hitting the pharmaceutical sector.
Tesco, the UK supermarket chain battling an apparent $409m accounting error, has said its new finance director will start months earlier than planned.
European shares closed down on Monday, with sentiment curbed by lower commodity prices as well as an profit warning from supermarket Tesco.
U.K. supermarket's shares open down 11% after warning it overstated its half-year profits by £250M, appoints Deloitte to investigate.
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?