LONDON Nick Robertson, the founder of British online fashion retailer ASOS, has stepped down as chief executive after 15 years in which he transformed the internet start-up into a retail powerhouse with millions of fans around the world.
Retailer Tesco TSCDY -3.63 % PLC has picked Asian private-equity firm MBK Partners LP as the preferred bidder to buy its South Korea retail operations—its largest outside the U.K.
LONDON Fresh government intervention to support China's jittery markets and bets on a more dovish stance from central bankers provided limited respite from a stock market sell-off on Wednesday as oil resumed its fall.
Australia's economy decelerated sharply as the slowdown in China, its biggest trading partner, dented exports and mining construction.
LONDON, Sept 2 (Reuters) - A London skyscraper that made headlines for reflecting sunlight at an intensity that melted parts of a Jaguar car in the street below has been awarded the annual Carbuncle Cup that highlights perceived architectural horrors.