Profits at Marks & Spencer have fallen for the second year in a row as its much maligned womenswear divison continued to disappoint.
The company suffered a total impairment of �7.7bn, which sent annual pre-tax profits tumbling by two thirds to �3.26bn. Vodafone has suffered in the slump in southern Europe, which has caused a long squeeze on consumer spending.
Yahoo! CEO Marissa Mayer said that the company does not 'intend' to take down any of the porn-heavy sites that are run on Tumblr after the tech giant acquired the blogging platform for $1.1billion.
Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.
Tue May 21, 2013 3:00am EDT. LONDON May 21 (Reuters) - British outsourcing firm Capita upgraded its organic growth forecast for 2013 after announcing one of the biggest contract wins in its history, a ten-year deal worth around 1.2 billion pounds ($1.83 ...