Planet Business

Image of the week: Clown and out This sad clown is a Mexican circus performer who has taken time out from the ring to protest against a law in (...)

Every little helps

Every little helps is the Tesco philosophy, and Tesco now needs every help it can get, as sales decline, as its chief executive Philip Clarke departs,(...)

Hasbro lost 3.3 per cent to $51.46. The toys and game maker reported second-quarter revenue that fell short of estimates. Photograph: Reuters

Shares fell across the globe as fighting erupted in eastern Ukraine, the first major eruption of violence there since a Malaysian airliner was shot do(...)

Unilever senior executive Dave Lewis who will replace Tesco chief executive Philip Clarke. Lewis will become the first outsider to run Tesco and will be tasked with turning around the ailing retailer.

The appointment of Unilever’s Dave Lewis represents a break from Tesco’s normal route of appointing the new boss from within its own ranks.Philip Clar(...)

 Tesco’s chief executive Philip Clarke who is to step down in October. Photograph: Rui Vieira/PA Wire

Britain’s biggest retailer Tesco said on Monday its chief executive Philip Clarke would quit, to be replaced by Unilever executive Dave Lewis, after i(...)

Alan Stewart’s defection comes just two days after helping M&S chief executive Marc Bolland present first-quarter sales

Marks & Spencer chief finance officer Alan Stewart has quit to join Tesco in the same role, jumping ship from one struggling British retailer to a(...)

Ross McEwan, chief executive officer RBS,  will take the flak over bankers’ bonuses  at the annual meeting. Photographer: Simon Dawson/Bloomberg

Shareholders are out in force this week as the annual meeting season continues apace, with gatherings scheduled for investors in Royal Bank of Scotlan(...)

Planet Business

Image of the week: Go to gate Soon there will be no more Heathrow Terminal 1 circle of hell for Aer Lingus passengers flying to Ireland. The airl(...)

Philip Clarke, chief executive officer of Tesco,  with one of the company’s new Hudl tablet devices. Photo: Bloomberg

Tesco will launch its first own-brand smartphone by the end of the year, building on the success of the Hudl tablet it launched last year, it said on(...)

Tesco’s chief executive Philip Clarke  is facing a fresh blow amid reports the group’s finance chief is poised to depart ahead of annual results in less than two weeks. Photograph: Rui Vieira/PA Wire

Tesco’s under-pressure boss Philip Clarke is facing a fresh blow amid reports the group’s finance chief is poised to depart ahead of annual res(...)