A customer passes a sales display of oranges and pineapples in the fruit and vegetable section of an Asda supermarket. Britain’s “Big Four” supermarket chains, Tesco, Asda, Sainsbury and Morrisons, have become embroiled in a price war, but have been accused of misleading prices. Photograph: Simon Dawson/Bloomberg

Britain’s competition regulator has found that some customers are being misled by the country’s embattled supermarkets and ordered the retailers to pr(...)

Preliminary bids for the South Korean Tongyang Cement & Energy group are expected today and reports have suggested that CRH will  be among the suitors

European shares climbed yesterday, with car makers rising on encouraging company updates and Greek shares rebounding amid renewed hopes for a soluti(...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

Aryzta chief executive Owen Killian regularly admits to being haunted by the idea of becoming irrelevant.Photograph:Cyril Byrne

Is Ireland’s humble ready-meal about to get a French makeover? Swiss-Irish food giant Aryzta is in talks to buy a 49 per cent stake in the French food(...)

Analysts caution that the road to recovery at Tesco will be a long one

At last, something for the man with the toughest job in retail to smile about: sales at Tesco have returned to growth for the first time in a year.Pri(...)

Shares in the supermarket chain jumped more than 4 per cent after news of Dalton Philips’s departure, a brutal verdict from the City on the Irish man’s time at the top. Photograph: PA

Dalton Philips, the globetrotting Irish retail executive, will soon be heading back to his homeland to reflect on the future after being sacked as chi(...)

The Office for National Statistics (ONS) said the volume of goods bought at British stores last month jumped by 6.4 per cent from November 2013

British retail sales surged at their fastest annual rate in more than a decade last month, as US-style “Black Friday” discounts drove record sales gro(...)

Sweet spot: Aryzta chief executive Owen Killian at a ceremony in the RDS last Friday at which he was awarded the Gold Medal for industry in recognition of his success with Aryzta and previously IAWS. Photograph: Cyril Byrne

Aryzta boss Owen Killian tells a story about returning to Dublin from Zurich in January 2010. At the time, Ireland was in financial meltdown: unemp(...)

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange yesterday.The  DAX Index climbed 0.3 per cent. Photograph: Reuters

National benchmark indices advanced in nine of the 18 western-European markets yesterday. Germany’s DAX Index climbed 0.3 per cent and France’s CAC 4(...)

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(...)