Dave Lewis, chief executive of the British grocery chain Tesco, said yesterday that he isn’t working on a rights offering to boost the company’s equity base.  shoppers. Photograph: Suzanne Plunkett/Reuters

Yesterday, Dave Lewis, chief executive of the British grocery chain Tesco, said he isn’t working on a rights offering to boost the company’s equity ba(...)

Orange fell 4.1 per cent as Bpifrance sold a stake in the company for €580 million. Photograph: Reuters/Andrea Comas

European stocks fell to the lowest level in more than five weeks after Italy cut its economic-growth forecasts and US manufacturing data missed estim(...)

“Fifty Pence Challenge” poster had been intended to motivate staff but ended up displayed in the window of a Sainsbury’s store in east London.

These are desperate times in the grocery trade. Tesco dominated the news agenda last week as it revealed a shock £250 million black hole in its profit(...)

Banana importer Fyffes surged 2.34 per cent to €1.095 following news it and Chiquita Brands International have agreed new terms for an all-share merger. Photograpr: Simon Dawson/Bloomberg

Stocks rose yesterday as positive news on the US economy sparked hopes it would lift Europe. Data from Washington’s commerce department showed that U(...)

CRH is to offload its share in a builder merchanting chain in France by the end of this year. Photograph: Brenda Fitzsimons.

European stocks fell as China’s minister for finance Lou Jiwei dampened speculation his government will boost economic stimulus. Commodities producers(...)

Despite the profit fall Morrisons is paying an interim dividend of 4.03 pence, up 5 per cent and confirmed a commitment to pay a full-year dividend of not less than 13.65 pence

Wm Morrison Supermarkets, Britain’s fourth largest grocer, posted a 51 per cent slump in first-half profit, hurt by its move to cut prices to counter(...)

Fyffes was among the best performers in Dublin yesterday as investors gained in confidence that it may get its $1 billion proposed merger with Chiquita away, following a scheduled shareholders’ meeting next month. Photograph: Simon Dawson/Bloomberg

European shares eked out small gains in thin trading across the continent yesterday, but most European bourses closed off their morning highs, after (...)

Aer Lingus closed down 1.6 per cent at €1.314 after it emerged that Denis O’Brien had sold 4.1 million shares in the airline, to reduce his stake to 2.4 per cent. Photograph: Peter Muhly/Getty

European stocks dropped to their lowest level in more than three months as concern mounted about a build-up of Russian troops along the border with(...)

German airline Lufthansa slid the most since September 2001 after lowering operating-profit estimates for this year and next. Photograph: Jasper Juinen/Bloomberg

European stocks fell from a six-year high as companies including Deutsche Lufthansa and Vallourec cut their profit forecasts. German airline Luftha(...)

Tesco dropped 1 per cent to 300.6 pence. The company may report its worst UK sales in more than 10 years this week as discounters gain market share, Morgan Stanley predicted. Photograph; PA

European shares started the month positively yesterday, buoyed by upbeat economic data from China that helped to allay concerns about growth rates the(...)