Archive for June 11th, 2012

UK-based supermarket retailer Tesco plc (LSE:TSCO) announced today a further decrease in quarterly sales in its home market. The retail giant said that like-for-like sales in the UK, excluding

Short-term business prospects in the UK have improved, according to the latest Business Trends report from accountancy firm BDO. A survey carried out for BDO by the Centre for

China on Thursday reduced interest rates for the first time in more than three years and moved to allow rates to float more freely in an effort to

The credit-card market is full of different offers and attractions to tempt in customers. And while it may seem simplest just to take the first card offered to

Chief executives at retailers J Sainsbury and Marks & Spencer (M&S) have taken cuts in their bonuses after they failed to meet targets. Cuts came as the recession

Goldman Sachs Group Inc (NYSE:GS) is negotiating the sale of its hedge fund administration business to State Street Corp (NYSE:STT) and could strike an agreement by the end

US futures exchanges operator IntercontinentalExchange Inc (NYSE:ICE) has made a final bid of GBP1.3bn (USD2bn/EUR1.6bn) to buy the London Metal Exchange (LME), according to a report in the

Spain's EUR100bn bailout package has lifted shares in Asia and resulted in a 1% gain for the euro against the US dollar and the Japanese yen.

Swedish private equity investor EQT Partners AB has emerged victorious in the competition for German woundcare products specialist BSN Medical GmbH, the Financial Times reported citing sources familiar