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World - Tesco chairman resigns over profits fiasco

London (AFP) - The chairman of Britain`s biggest retailer Tesco will resign after the supermarket group was found to have overstated profits by £263 million ($422 million, 334 million euros), it announced on Thursday.

Thursday, October 23, 2014  07:46


World - London Olympic Stadium cost soars ahead of Hammers move

London (AFP) - The cost of fitting out the London Olympic Stadium ahead of Premier League football club West Ham`s move to the venue will rise by £35.9 million ($57.7 million, 45.6 million euros), it was revealed Wednesday.

Wednesday, October 22, 2014  19:57


World - Drugmaker GSK announces big cost cuts after profit slump

London (AFP) - GlaxoSmithKline will slash its costs by £1.0 billion after posting slumping quarterly profits because of poor US sales, the British pharmaceutical giant said on Wednesday.

Wednesday, October 22, 2014  14:43


World - Thousands to march on London over wages

London (AFP) - Tens of thousands of people were set to descend on London on Saturday to march against falling real wages, which organisers claim have slumped by £50 a week since 2008.

Saturday, October 18, 2014  12:09


World - Arsenal justify Kroenke payments

London (AFP) - Arsenal chairman Chips Keswick has defended the board`s contentious decision to pay £3 million ($5 million, 4 million euros) in `strategic and advisory fees` to the company of majority shareholder Stan Kroenke.

Thursday, October 16, 2014  20:24


Europe - Tesco boss to quit over profits error

Tesco chairman Sir Richard Broadbent will leave the firm after the company announced a bigger-than-forecast hole in its profits.

Thursday, October 23, 2014  07:46


Asia-Pacific - Military heads admit Afghan mistakes

Military leaders failed to calculate the magnitude of the conflict in Afghanistan, the former head of the British army, Gen Sir Peter Wall, tells the BBC.

Thursday, October 23, 2014  05:57


World - Slave girl kept in cellar awarded £100,000 in court

London (AFP) - A deaf and mute girl smuggled to Britain and kept as a slave for almost a decade must be paid £100,000 by her captors, a court ruled.

Thursday, October 16, 2014  08:56

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