LONDON (Reuters) - Kingfisher, Europe's biggest home improvement retailer, said on Tuesday it planned to close about 60 underperforming B&Q stores in Britain as the wider group posted a 7.5 percent fall in annual profit.
A sharp economic downturn in Asia and the eurozone, falling commodity prices and illiquid financial markets will form the backdrop to the Bank of England's stress tests for the UK's biggest banks this year.
Tracking overnight gains in US stocks, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5%. The index was on track for a 4% gain this quarter.
Newcastle United owner Mike Ashley looks on before the Barclays Premier League match between Chelsea and. Bargain clothing chain Sports Direct just got slammed by the Institute of Directors for failing to curb British billionaire Mike Ashley's control over ...
Honda's struggling UK operation has been given a shot in the arm with the announcement that it will become the sole producer of one of the carmaker's most popular models.