LONDON A warning from Marks & Spencer's new boss of a short-term profit hit from efforts to turn around its clothing business by cutting prices and improving ranges knocked its shares on Wednesday.
BRUSSELS The euro zone gave Greece its firmest offer yet of debt relief in what finance ministers called a breakthrough deal that won a provisional commitment from the IMF to return to taking part in the bailout for Athens, heartening investors.
Sir Philip Green had a “caring approach” to the BHS pension scheme and even offered investment advice to the trustees, yet refused to budge beyond his firm's contribution to address its black hole in the years before he sold the firm, the former ...
It's a big day for retail as new Marks and Spencer (MKS) boss Steve Rowe steers his first set of annual results as chief executive.
Video-on-demand providers such as Netflix Inc., Amazon.com Inc. and Apple Inc.'s iTunes would be forced to dedicate at least a fifth of their catalogs to European content, under proposals published Wednesday.