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McDonald's quarterly profit falls 30%

Oct 21 2014 16:27

McDonald's has reported a 30% fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.


Tesco sales continue to slide

Oct 21 2014 14:30

Data shows that Tesco's sales continue to fall and analysts expect the firm to report a 6% drop in sales for its second quarter to August 23.


Reckitt Benckiser sales hurt by sluggish markets

Oct 21 2014 13:06

Sales growth at consumer goods maker Reckitt Benckiser has slowed more sharply than expected in the third quarter, hit by cooling emerging markets.


Taste broadens its jewellery division

Oct 21 2014 11:37

Taste Holdings has acquired watch and jewellery retailer Arthur Kaplan to complement its strategy for competing in the upper income consumer market.


Tesco stems sales decline

Oct 21 2014 11:15

Sales at Britain's Tesco, the leading grocer reeling from an accountancy scandal, has fallen over the last 12 weeks, industry data shows.


Adidas shares climb on report of Reebok bid

Oct 20 2014 13:50

Shares in Adidas, the world's second largest sports apparel firm, have jumped following a report that an investor group planned a $2.2bn bid to buy Reebok.


Tesco earnings hole may be less than thought

Oct 19 2014 19:02

The world's third largest retailer, Tesco, will reportedly state next week that it overestimated earnings by less than the £250m which it previously announced.


Tesco boss to clarify accounting error

Oct 17 2014 20:05

The new boss of Tesco has told staff he expects to be able to give a clear and accurate indication of the impact of a £250m accounting mistake soon.


GE third quarter profits rise 10.8%

Oct 17 2014 15:15

General Electric has reported higher earnings for the third quarter, with especially strong profit gains coming in its aviation and oil and gas divisions.

Inside Fin24.com


Jimmy Choo shines on market debut

Oct 17 2014 12:30

Jimmy Choo has inched higher on its London stock market debut, watched closely by even the least fashion-conscious of bankers.


New Tesco boss likely to sell assets

Oct 16 2014 19:19

Just six weeks into his job, Tesco boss Dave Lewis must look at selling assets as he battles to raise funds to pull the grocer out of its deepest crisis.

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