Tesco pays the full price for failure to offer discounts

The supermarket business is conducted in the language of wars – price wars – so embattled Tesco boss Philip Clarke probably needs to channel his favourite military hero if he is to survive the barrage heading his way.

Documents show GM's sluggish response to deadly defect

(Reuters) - Documents made public on Friday by a U.S. House of Representatives committee provided fresh details on General Motors Co's awareness of problems surrounding ignition switches in millions of its cars - long before the Detroit automaker recalled the vehicles.

JPMorgan profits fall 19% as mortgage business fades

US banking giant JPMorgan Chase has reported a sharp fall in profits at the start of 2014, which it blamed on declines in its mortgage business.

BlackBerry may exit handset business if it can't make profit, says CEO

The struggling handset and services company BlackBerry may stop selling handsets if it cannot do so profitably, its chief executive officer John Chen says, as he looks to expand its corporate reach with investments, acquisitions and partnerships.

Rolls-Royce engineer loses tribunal case on 'whistle-blowing dismissal'

An employment tribunal has dismissed a claim from a senior Rolls-Royce engineer saying he was sacked for blowing the whistle on allegations of potentially serious problems with the company's jet engines.

Samsung Electronics forecasts drop in profits

Samsung Electronics, the world's biggest maker of TVs and mobile phones, has forecast a drop in profit for the second quarter in a row.

Sun Pharmaceutical to acquire Ranbaxy in $4bn deal

India's Sun Pharmaceutical has agreed to acquire rival Ranbaxy - majority owned by Japan's Daiichi Sankyo - in an all-stock deal worth $4bn (£2.4bn).