Network operator EE is to buy 58 Phones 4u stores in a �2.5million deal saving more than 350 jobs at the collapsed mobile phone retailer.
SYDNEY (Reuters) - Asian shares recouped early losses on Tuesday while commodities won a break from recent selling pressure after a reading on China's massive factory sector outpaced the market's bleak expectations.
BARCLAYS is expected to be fined close to �38 million by the City regulator for a failure to ensure adequate protection of clients' funds.
Sir Richard Broadbent is under pressure to resign as chairman of Tesco after it emerged the company's board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers, months before a dramatic profits warning.
Brent rose from a one-week low after a Chinese manufacturing gauge beat forecasts, signaling increased demand from the world's second-biggest oil consumer.