Sales of the world's second largest retailer Tesco are falling faster than any other UK supermarket chain, while German discounters Lidl and Aldi and British Waitrose gain market share, says research firm Kantar Worldpanel.
US banking giant JP Morgan has been fined more than �61 million (US$78 million) by the European Commission for its role in rigging benchmark international interest rates in 2008-09.
Oct. 21 (Bloomberg) --HSBC Holdings Plc (HSBA) Chairman Douglas Flint said separating his bank's securities arm from its consumer unit may cost as much as 2 billion pounds ($3.2 billion).
... * GDP grew 7.3 pct in third quarter from year earlier. * Factory output pick-up offset by slowing property sector. * Li says faced with complex external environment (Adds comment by Premier Li Keqiang).
Royalties at Arm Holdings have regained momentum with the UK chip designer providing an optimistic outlook for future revenues, thanks to booming sales of Apple's latest iPhones, consumers shifting to 4G mobile devices and manufacturers racing to build ...