Christine Lagarde, the head of the International Monetary Fund (IMF), has been placed under formal investigation by French authorities for "negligence" in connection with a long-running fraud case.
... * Tesco sales fall 4 pct y/y in 12 weeks to Aug. 17 * UK grocery sales up 0.8 pct, lowest for 10 years * Discounters Aldi, Lidl continue strong sales growth LONDON, Aug 27 (Reuters) - Incoming Tesco boss Dave Lewis was served a stark reminder of the ...
Ryanair Holdings Plc (RYA) will submit a non-binding offer for Cyprus Airways on Friday as Europe's No. 1 discount carrier seeks to extend its footprint eastward to an island increasingly popular with Russian and Israeli visitors.
LONDON - Chiquita Brands International and Fyffes tried to reassure investors about their planned merger, saying on Wednesday that they now expected the combined company to achieve an additional $20 million in annual cost savings by 2016.
Foxtons' shares slid by more than five per cent on Wednesday after the London estate agency chain forecast a cooling-off in the capital's booming housing market.