The FCA has approved Sainsbury’s deal for Home Retail. John Walden, Home Retail Group CEO, discusses his excitement for the takeover and what shareholders may think of the deal. » Read More
Shareholders of Home Retail Group Wednesday approved a $1.83 billion takeover offer by the U.K. supermarket.
Thanks to sterling's rapid fall, international billionaires and sophisticated companies have been given a rare opportunity to pick and chose which British assets to raid.
European stocks finished trade sharply lower on Wednesday amid continued political and economic uncertainty in the EU following Brexit.
HSBC believes Wal-Mart is about to unleash a price war on the UK grocery scene via its subsidiary Asda.
European markets closed sharply lower on Friday, as falling oil prices, upcoming risk events and economic growth concerns weighed on sentiment.
Sainsbury's, Britain's second biggest supermarket, on Wednesday reported a drop in quarterly underlying sales and cautioned that market conditions remained challenging.
European equities finished Wednesday sharply higher, after a new debt deal for Greece and a recovery in oil prices lifted sentiment.
Europe closed sharply up on Tuesday, as sentiment was lifted by positive U.S. trade, and strong gains from banks, insurers and retailers.
European stocks ended Wednesday sharply lower, after a raft of major earnings, a decline in mining stocks and renewed pressure on oil weighed on sentiment.
Sainsbury's made an underlying pretax profit of 587 million pounds ($853 million) in the year to March 12.
European stocks ended sharply higher on Wednesday, helped by a rally in mining and banking stocks, following better-than-expected China export data.
European markets closed lower on Friday in a choppy day of trade as investors reacted to a slide in oil prices and fresh jobs data from the U.S.
European equities closed mostly higher on Friday, as investors digested individual stock news and shook off fluctuating oil price.
European stocks finished in negative territory on Tuesday, on the back of a sharp slip in mining stocks and oil prices.
European markets tumbled to close sharply lower on Tuesday, as concerns over oil prices haunted traders and investors worldwide.
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.
Sainsbury's said on Tuesday it had agreed a £1.3 billion deal to buy Argos-owner Home Retail.
Sainsbury’s agrees to buy Home Retail for £1.3 billion. Tony Shiret, senior analyst in food and retail at Haitong Securities, discusses.
European equities came off session highs to close mixed on Wednesday, amid renewed pressure on oil prices and a lower trading session in the U.S.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.