Sainsbury’s agrees to buy Home Retail for £1.3 billion. Tony Shiret, senior analyst in food and retail at Haitong Securities, discusses.» Read More
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.
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.
European stocks finished in negative territory on Friday, in what has been a turbulent week for markets.
European markets finished higher on Tuesday, as global sentiment regained some ground after steep falls in the previous session.
European equities finished lower on Wednesday as investors fretted over renewed weakness in global commodity markets.
European stocks attempted to make gains on Tuesday, but closed mixed as the volatility in oil prices kept investors on edge.
European equities finished sharply higher on Tuesday, as investors cheered a recovery in oil prices and positive data from the autos sector.
Online retailer Amazon has stepped up the pressure on Britain's traditional supermarkets with the nationwide launch on Friday of a packaged groceries offer.
European equities finished higher, despite a speech by the European Central Bank disappointing market watchers.
Social media has flourished to the point where it can trigger businesses to change their policies. CNBC takes a look.
European equities ended mixed Wednesday, with a rally in mining and oil stocks boosting sentiment.
European stocks pared gains to close flat on Wednesday, with auto stocks and miners outperforming after some recovery in oil prices.
European stocks closed mixed to lower on Thursday, as start-of-quarter enthusiasm petered out among investors and telecom stocks weighed on investor sentiment.
European stocks finished sharply higher Wednesday as equity markets rallied globally at the end of a torrid month.
Supermarket says its full-year profit was set to exceed analysts' average forecast, despite posting a seventh straight quarter of falling sales.
Sept 8- Justin King, the former chief executive of British supermarket chain operator J Sainsbury Plc, is joining Guy Hands' Terra Firma Capital Partners as vice chairman, the UK private equity firm said. King, who is credited with reviving Sainsbury's fortunes and firming up its position as one of the top four grocers in the UK, stepped down as Sainsbury's CEO last...
Sept 8- UK private equity firm Terra Firma Capital Partners said it appointed Justin King, the former chief executive of British supermarket chain operator J Sainsbury Plc, as vice chairman and head of its portfolio businesses. He has since taken up advisory roles at some private companies and even lead the review of safety practices at holiday company Thomas...