MILAN (Reuters) - Switzerland's Dufry (DUFN.S) has agreed to buy a majority stake in World Duty Free (WDF.MI) in a deal which values the Italian firm at 3.6 billion euros (2.6 billion pounds) and will make the combined group the world's biggest travel retailer.
Bad deflation is not a threat to Britain, according Ben Broadbent - and the deputy governor at the Bank of England knows because he has crunched the numbers.
Greece international creditors will spend the weekend mulling over a series of reform measures as they decide whether to finally release vital funds the country needs to arrest its slide into bankruptcy.
MARKS & Spencer is set to signal improving clothing trends this week when it updates investors on recent trading, although the division is still expected to have racked up its 15th consecutive quarter of falling sales.
Dozens of MPs are claiming taxpayer-funded expenses to rent homes or stay in hotel rooms in London while letting out property they own nearby, it emerged last night.