Warren Buffett, the veteran US investor, has admitted that buying shares in Tesco was a "huge mistake". Mr Buffett's Berkshire Hathaway starting buying shares in Tesco in 2006 and built a 5pc stake, making it his biggest investment outside of the US.
Legendary investor Warren Buffett has admitted he made a �huge mistake� investing in Tesco, the troubled supermarket retailer with a �250 million black hole in its accounts.
LONDON (Reuters) - British grocer Morrisons (MRW.L) will launch its first customer loyalty card on Friday, opening up a new front in an escalating price war with a scheme that guarantees to match discounters Aldi and Lidl as well as traditional rivals.
LONDON Oct 2 (Reuters) - The Bank of England will tell lenders at the end of this month what their key measure of insulation against future crises should be, bringing forward a keenly-awaited announcement from 2015 after draft proposals worried banks and ...
The European Central Bank (ECB) has decided not to cut its interest rates even further as it seeks to stimulate growth and inflation in the beleaguered currency area.