Sainsbury's chief executive, Mike Coupe, has predicted discount supermarkets are set to gobble up nearly 15 per cent of the market by 2022.
MELBOURNE, Australia�National Australia Bank Ltd. NAB -2.68 % moved to shore up its capital base, unveiling a 5.5 billion Australian dollar (US$4.4 billion) rights issue that will help the lender make a clean break from its troubled U.K.
A worldwide sell-off in government bonds deepened on Wednesday, with the rise in long-term borrowing costs to their highest level this year spreading unease across all assets and putting stock markets under pressure too.
By A. Ananthalakshmi SINGAPORE, May 7 (Reuters) - Gold remained under pressure on Thursday as higher bond yields dented the investment appeal of the metal, while uncertainty over the timing of a Federal Reserve rate hike also weighed.
Sage may be one of the least talked about companies on the FTSE 100 index but it's starting to win plaudits across the City under new boss Stephen Kelly, who joined in November.