Business Archive

Pret a Manger sales rise as vegetarian range pleases foodies
Subhadip
Comments off
Sandwich chain, which started as a single shop in London’s Hampstead, opened 36 new branches worldwide last year, taking the total to

Brexit impact would partly depend on WTO negotiations: WTO chief
Subhadip
Comments off
The impact of a British vote to leave the European Union would depend in part on Britain’s negotiations with members of the

UK productivity plummets in fourth-quarter at fastest rate since financial crisis
Subhadip
Comments off
British economic productivity fell late last year at the fastest pace since the depths of the financial crisis, raising fresh doubt about

Tata Steel UK suitor to start due diligence in around 10 days
Subhadip
Comments off
Liberty House Group will start due diligence within a week from Monday on the loss-making UK assets that Tata Steel (TISC.NS) has

Retail, mining, pharma stocks rally to boost FTSE
Subhadip
Comments off
Britain’s top share index edged higher on Thursday, boosted by rises in pharmaceutical and mining stocks, while retailers were also in favour

Pele sues Samsung for $30m over lookalike use in ad
Subhadip
Comments off
Brazilian football legend Pele is suing South Korean electronics giant Samsung, after claiming the firm improperly used a lookalike in an advertisement.

Foxconn finalises Sharp takeover
Subhadip
Comments off
Taiwanese manufacturer Foxconn says it has finally agreed a deal to take over struggling Japanese electronics company Sharp. Foxconn said the deal

Weak US consumer spending expected to delay interest rate rise
Subhadip
Comments off
Fresh evidence of subdued consumer spending and soft inflation in the US has bolstered expectations that the Federal Reserve will hold back

Royal Mail raises first class stamp price to 64p
Subhadip
Comments off
The cost of a first class stamp will rise to 64p this week, taking the price increase to 100% over the past

China sees industrial profits grow at start of 2016
Subhadip
Comments off
China’s industrial profits returned to growth in the first two months of 2016, partly due to a recovery in the property market