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J Sainsbury PLC

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  • LONDON, July 31- Britain's Serious Fraud Office has averted a 300 million-pound damages claim over its botched investigation into the Tchenguiz brothers, securing a second out-of-court settlement and closing an embarrassing chapter in its history.

  • *Qatar sells about 5 pct of LSE, cutting stake by a third. LONDON, July 10- Qatar has sold a 5 percent stake in the London Stock Exchange for 260.1 million pounds, cutting its holding by a third and making a profit of around 20 percent, according to Reuters calculations.

  • Why we all need banks Monday, 7 Jul 2014 | 5:00 AM ET

    Every single one of us, individual or corporate, who wishes to engage in any form of commerce, needs banks, writes Moorad Choudhry.

  • UK inflation slides to lowest since October 2009 Tuesday, 17 Jun 2014 | 5:13 AM ET

    Falling food prices pushed U.K. inflation down once again in May as price growth remains well below the Bank of England's target.

  • EU shares close lower; World Bank cuts forecasts Wednesday, 11 Jun 2014 | 11:58 AM ET

    European shares closed lower on Wednesday, having failed to find any real momentum during the session.

  • Sinking travel sector pegs back European shares Wednesday, 11 Jun 2014 | 4:14 AM ET

    *Deutsche Lufthansa profit warning sees selling of airlines. EDINBURGH, June 11- European stocks turned negative on Wednesday after a profit warning from German airline Deutsche Lufthansa rocked the travel and leisure sector.

  • LONDON, June 11- Britain's J Sainsbury posted a second straight fall in quarterly underlying sales, bringing a disappointing note to Chief Executive Justin King's preparations to step down after 10 years at the helm.

  • Sainsbury's sales fall as King era draws to a close Wednesday, 11 Jun 2014 | 2:15 AM ET

    Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as Chief Executive Justin King prepares to step down.

  • Sainsbury's sales fall as King era draws to a close Wednesday, 11 Jun 2014 | 2:10 AM ET

    LONDON, June 11- Britain's J Sainsbury posted a second straight fall in quarterly underlying sales as Chief Executive Justin King prepares to step down from the grocer after 10 years at the helm.

  • Tesco reports steep sales fall, blames price cuts Wednesday, 4 Jun 2014 | 12:13 PM ET

    U.K. supermarket chain Tesco on Wednesday reported a sharp fall in first-quarter sales, hurt by price cuts and subdued consumer spending.

  • UK grocer Morrisons sales continue to slide Thursday, 8 May 2014 | 2:09 AM ET

    Britain's No.4 grocer Morrisons sales continue to slide, hurt by price cuts and its relative lack of exposure to online and convenience markets.

  • *Mike Coupe to succeed Justin King as CEO in July. LONDON, May 7- British grocer J Sainsbury said it was well-equipped to cope with the rise of discounters and price cuts by major rivals, even though a 5.3 percent increase in annual profit represented its weakest growth in nearly a decade.

  • UK grocer Sainsbury's profit growth slows Wednesday, 7 May 2014 | 3:29 AM ET

    British grocer J Sainsbury posted a 5.3 percent rise in annual profit, its slowest growth in nearly a decade.

  • China imposes new limits on foreign dairy imports Monday, 5 May 2014 | 8:20 PM ET

    The Chinese government has imposed new limits on foreign brands of milk powder and infant formula.

  • UK's Morrisons cuts more prices to combat discounters Thursday, 1 May 2014 | 3:55 AM ET

    Wm Morrison Supermarkets, Britain's fourth largest grocer, has unveiled a second round of price cuts.

  • Sainsbury's ends 9-year run of sales growth Tuesday, 18 Mar 2014 | 3:55 AM ET

    U.K. supermarket chain Sainsbury's reported a drop in sales in the final quarter of 2013, ending the group's nine straight years of positive sales.

  • UK supermarkets caught in dangerous middle ground Thursday, 13 Mar 2014 | 8:36 AM ET

    The full extent of the problems facing the U.K.'s "big four" supermarket chains was underlined on Thursday, with a profit warning by WM Morrison.

  • UK grocer Morrisons slashes profit expectations Thursday, 13 Mar 2014 | 2:57 AM ET

    Britain's fourth biggest grocer Wm Morrison posted its lowest profit in five years, slashed expectations going forward and said it plans to sell off one billion pounds ($1.66 billion) of its 9 billion pound property portfolio.

  • CFOs signal fears of consumer spending slump Thursday, 20 Feb 2014 | 8:08 AM ET

    Chief financial officers have told CNBC that a lack of consumer spending is a major fear for their companies.

  • Sainsbury's shares fall as King abdicates Wednesday, 29 Jan 2014 | 4:08 AM ET
    Justin King

    Shares in Sainsbury's dropped on Wednesday, as the U.K. supermarket chain announced that its CEO Justin King has decided to step down after 10 years at the company.