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The Top News
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7:10 AM - Thursday, October 23, 2014
8 hour ago - WSJ.com
Tesco said Chairman Richard Broadbent would step down as it revealed the accounting practices that led to an overstatement of its profit had occurred in prior periods as well.
3 hour ago - BBC
Tesco shares have slumped 5% after the retailer announced that profits were overstated by £263m, £13m more than the original estimate.
9 hour ago - Yahoo! News: Business News
By Jussi Rosendahl HELSINKI (Reuters) - Finland's Nokia on Thursday beat market expectations as it reported strong third-quarter profit growth and lifted the profitability outlook for its core network unit on the back of network roll-outs in No . . .
9 hour ago - MarketWatch.com
Tesco shares slumped on Thursday after a profit update, dragging down other U.K. supermarkets, while GSK is one of the few companies on the rise.
4 hour ago - Reuters
OTTAWA (Reuters) - The Canadian government determined to return to business as usual on Thursday after a reported convert to Islam shot dead a soldier at the National War Memorial and rampaged through Parliament before being killed himself.
8 hour ago - CNNMoney.com
Star bond investor Jeffrey Gundlach believes oil will plunge to $70 because Saudi Arabia loves 'turning the screws' on rival Iran.
8 hour ago - WSJ.com
Unilever warned of a challenging outlook and struck a gloomy tone after reporting worsening sales, raising fears of a broad economic slowdown across emerging markets.
10 hour ago - WSJ.com
German auto maker Daimler reported a sharp increase in third-quarter earnings on strong demand for its flagship S-class sedans and robust growth in Europe, Asia and the U.S.
9 hour ago - Reuters
LONDON (Reuters) - Unilever posted its weakest quarterly sales growth in nearly five years on Thursday, as Europe's persistent woes and a slowdown in emerging markets including China crimped its performance.
10 hour ago - WSJ.com
French drinks maker Pernod Ricard said sales grew 1% in the first-quarter as the group continues to fight against a slump in demand in China.
10 hour ago - news / John Ficenec
Debenhams report 24pc slump in full year profits as tough Christmas period in 2013 hits UK sales
8 hour ago - WSJ.com
Logitech said its net profit in the second quarter more than doubled, a further sign the computer-accessories maker’s turnaround is gathering steam.
8 hour ago - WSJ.com
Mail.ru posted an increase in third-quarter revenue. The Russian Internet company said its financial outlook for the full year remains unchanged despite the forces buffeting Russia’s economy.
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