Tesco sales are falling at the fastest rate in the grocery industry as ongoing price wars continue to benefit shoppers and squeeze the major retailers.
The European Commission has handed out another round of multimillion euro fines on several global banks, which agreed to pay a total of �94m in penalties for participating in two distinct cartels involving interest rate products denominated in Swiss francs.
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).
China's third quarter GDP figures out today showed an economy that is slowing under the pressures of reform and restructuring.
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 ...