Tesco quits U.S. as profits fall for first time in 20 years
LONDON - Tesco, Britain's biggest retailer, confirmed it will exit its loss-making business in the United States, taking a 1 billion pound ($1.53 billion) write-off that knocked its year profit down for the first time in two decades.
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Found 1 month ago on channel
Reuters
Tesco's year-old revamp weaned on fresh food focus
LONDON - After a decade pushing its non-food business, Tesco , Britain's biggest retailer is changing, and a conspicuous focus on fresh produce greets shoppers at its newly styled superstores.
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Found 1 month ago on channel
Reuters
Billionaire Steinmetz sues former adviser over Soros link
LONDON - Israeli billionaire Beny Steinmetz is suing his former London-based business advisers and a British ex-minister in a battle over Guinea's mineral wealth.
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Found 1 month ago on channel
Reuters
Consumers Happier With Closure
New research shows that consumers are happier with their choices if they have “closure” after they make a decision, providing implications for both marketers and dieters. Three academics from the London Business School conducted four studies, one of which asked participants to choose a piece...
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Feelin' queasy? More air turbulence over Atlantic
LONDON -- Tourists, exchange students, masters of the financial universe and other business travelers: It's time to buckle up....
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