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Business - Page 374

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Tesco denies it prefers migrants, not UK workers

Tesco, Britain's biggest retailer, denied an accusation by the opposition Labour party that it turns away British workers to exploit cheaper migrant labour. In remarks that could drag British retailers into a

12th August 2013
Business

FTSE up 0.2%, rising for third straight session

Britain's benchmark equity index edged higher for the third session running on Monday, with mining stocks lifted by reassuring data from China, the world's top metals consumer. The blue-chip FTSE 100 index

12th August 2013
Business

Chinese shares extend gains, Asian shares rise to 2-week high

Most Asian shares rose on Monday and Chinese stocks surged to a one-month high as investors took heart from last week's upbeat data from the world's second-biggest economy, but Japan's Nikkei fell

12th August 2013
Business

Merkel under pressure as Bundesbank says Greece needs more

German opposition parties accused Chancellor Angela Merkel on Sunday of lying before elections next month about the risks of a new bailout for Greece, after a magazine reported the Bundesbank expects it

12th August 2013
Business

EU to review Aegean bid for Olympic on October 16

The European Commission has extended the deadline for a decision on Aegean Airlines’ revised bid to take over struggling Olympic and become the largest carrier in Greece. Aegean has reportedly offered new

12th August 2013
Business

InterContinental to give websites more leeway in pricing row

Britain's InterContinental Hotels Group will give online travel agents Expedia.com and Priceline.Com Inc's Booking.com more leeway to cut room rates in a bid to assuage watchdog charges it was limiting competition. The

9th August 2013
Business

Saga to end soon: Bank of Cyprus AGM on September 10

The Bank of Cyprus Group, the island’s biggest lender that exited solvency after being forced to merge with the failed Laiki Popular Bank earlier this year, will hold the first annual general

9th August 2013
Business

Greece gets tough on tax dodgers who bully tax inspectors

Greek shop owners resisting on-site tax checks have been dealt penalties including a one-month shutdown, authorities said on Thursday after international lenders piled pressure on Athens to collect revenues. In one case,

9th August 2013
Business

Dollar up vs basket of currencies after 5 days of losses

The dollar steadied above seven-week lows on Friday but remained vulnerable to more losses if Chinese industrial production data adds to a growing view Beijing was taming its economic slowdown, while Japanese

9th August 2013
Business

Is Berlusconi the victim of political judges?

ANALYSIS – Judges say he is treated the same as anybody else Silvio Berlusconi says he is the victim of politicised judges, his enemies that he has finally been nailed after two decades

9th August 2013
Business
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