CSI takes full control of Intu Derby shopping centre

[ad_1] (Reuters) – Joint administrators of Britain’s Intu Properties said on Wednesday Cale Street Investments (CSI) has taken full ownership of the company’s Derby shopping centre, the first in the…

UPDATE 1-UK Stocks-Factors to watch on March 18

[ad_1] (Adds company news items and futures) March 18 (Reuters) – Britain’s FTSE 100 index is seen opening 136 points lower on Wednesday, according to financial bookmakers, with futures down…

German retail sales boom as shoppers stockpile for coronavirus

[ad_1] People enter a shop with the #stayhome slogan as the spread of the coronavirus disease (COVID-19) continues in Dresden, Germany, March 31, 2020. REUTERS/Matthias Rietschel BERLIN (Reuters) – German…

EXCLUSIVE-Auto service company Monro pushed by activist Ides to make changes

[ad_1] (Adds share reaction, background on company) Nov 24 (Reuters) – Monro Inc, an operator of U.S. car service and tire centers, is under pressure from an activist investor to…

Analysis: Battle of the billionaires – Bezos, Ambani gun for India retail supremacy

[ad_1] By Abhirup Roy, Aditya Kalra MUMBAI/NEW DELHI (Reuters) – Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for preeminence…

‘A beautiful day’ in Italy, as shops and bars finally reopen

[ad_1] By Crispian Balmer, Giulio Piovaccari ROME (Reuters) – Italian shops, hairdressers and restaurants finally threw open their doors on Monday as the country sped up efforts to bounce back…

LVMH calls Tiffany’s prospects ‘dismal’ as war of words escalates

[ad_1] By Sarah White, Jessica DiNapoli PARIS/NEW YORK (Reuters) – A war of words between LVMH and Tiffany escalated on Tuesday with the French group describing Tiffany’s prospects as “dismal”…

Land Securities annual loss widens to over $1 billion

[ad_1] (Reuters) – Property developer Land Securities LAND.L on Tuesday reported an annual pretax loss of more than $1 billion as coronavirus-driven shutdowns forced tenants to default on rent payments,…

Rescue plan covers 80% of UK employment and business turnover – Sunak

[ad_1] Britain’s Chancellor Rishi Sunak holds a digital coronavirus disease (COVID-19) news conference with Deputy Chief Medical Officer, Dr Jenny Harries (not pictured) at 10 Downing Street, in London, Britain…

Haunted by Christmas past, Britain’s M&S tackles food waste

[ad_1] LONDON (Reuters) – British retailer Marks & Spencer MKS.L, seeking to avoid a repeat of last Christmas when its performance was ruined by excessive food waste, is rolling out…