Tesco outstrips retail rivals with Christmas sales rise

[ad_1] LONDON (Reuters) – Tesco TSCO.L, Britain’s biggest supermarket group, rode out a “subdued” Christmas to lift UK sales by 0.1%, enough to beat its main rivals amid the toughest…

RPT-Microsoft to invest $1.5 bln in Italian cloud business

[ad_1] (Repeats story from Friday, May 8, to include codes for wider distribution; no changes to text) MILAN, May 8 (Reuters) – Microsoft Corp. said on Friday it would create…

UPDATE 1-UK Stocks-Factors to watch on Jan 10

[ad_1] (Adds company news items and futures) Jan 10 (Reuters) – Britain’s FTSE 100 index is seen opening down 4 points on Wednesday, according to financial bookmakers, with futures down…

Italy – Factors to watch on May 20

[ad_1] The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

France grapples with lockdown backlash from small shops

[ad_1] PARIS (Reuters) – The French government promised on Sunday to support the nation’s beloved independent shops that fear losing their business to international giants, such as Amazon.com Inc, as…

British retailer John Lewis to cut 1,500 head office jobs

[ad_1] LONDON (Reuters) – British retailer John Lewis said on Wednesday it would cut 1,500 head office jobs as part of its strategy to return to sustainable profit by 2025.…

UPDATE 1-UK Stocks-Factors to watch on Dec 7

[ad_1] UPDATE 1-UK Stocks-Factors to watch on Dec 7  Reuters [ad_2] Source link

UniCredit buys 32.5% of Italy’s Esselunga real estate unit: sources

[ad_1] MILAN (Reuters) – Italy’s biggest lender UniCredit CRDI.MI has invested 435 million euros ($469 million) to buy a 32.5% stake in the company that owns the real estate assets…

Only 1 in 5 staff in UK cities back in workplaces, think-tank says

[ad_1] FILE PHOTO: Canary Wharf is seen from Greenwich Park, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 3, 2020. REUTERS/Hannah McKay LONDON (Reuters) – Only 17%…

Gap looks at closing stores in some European countries

[ad_1] FILE PHOTO: A Gap Inc. retail store is shown in La Jolla, California, U.S., May 17, 2017. REUTERS/Mike Blake (Reuters) – Gap Inc GPS.N is considering closing stores in…