This week's news that Tesco is dumping CEO Philip Clarke - just days before he was to celebrate his 40th anniversary at the group - leaves me with mixed emotions.
Facebook Inc. reported Wednesday that profit more than doubled and revenue topped estimates for the ninth straight quarter due to strong mobile ad revenue.
... * China July factory activity hits 18-month high. * New orders and output surge. * Adds to signs of pick up in the economy after stimulus measures.
GlaxoSmithKline slashed its growth forecasts and stopped a billion-pound plus share buyback yesterday as its chief executive, Sir Andrew Witty, said he remained �concerned� about allegations that it bribed doctors in China to prescribe its drugs.
A plan to defuse a �mortgage debt timebomb� when interest rates rise is published today amid warnings that 2.3m households could struggle with their repayments.