Tesco suspends execs as inquiry launched into profit overstatement

Tesco has suspended four executives, including its UK managing director, after the supermarket overstated its half-year profit guidance by £250m.

Barclays sells Spanish businesses

Barclays Bank has agreed to sell part of its Spanish business for £633m to the country's third largest lender CaixaBank.

Mary Barra named GM CEO to become America's first female car chief

General Motors, America’s largest car manufacturer, has named Mary Barra its chief executive, making her the first woman to head a major auto firm.

Technology companies fight for funds as venture capitalists look elsewhere

European technology companies are trapped in a funding bottleneck as venture capital firms refuse to reinvest in the sector until they see a return from earlier investments, such as music service Spotify, via successful stock market flotations.

Royal Mail profits jump as parcel sales rise

Royal Mail's annual profits have more than doubled, helped by strong growth in parcel deliveries as more people shop online.

Bruising fall for Apple shares: Is the company no longer a market dictator?

Where's the old love, Apple? Wall Street has turned viciously on its one-time iDarling.

Dell computers to be bought back by founder Michael Dell

Michael Dell has said he will buy back the world's number three PC-maker that he founded and that carries his name. Along with technology investor Silver Lake, and with financial backing from Microsoft, he will offer to buy the firm for $24.4bn (£15.5bn).

Rolls-Royce accused over $20m payment in Indonesia

Rolls-Royce, the British engineering group, has been accused of paying $20m (£12.5m) and a blue Rolls-Royce car to the son of the former president of Indonesia to win a contract to supply engines.

Apple results to face intense scrutiny after 10pc drop

Apple's latest results will face intense scrutiny today because investors are this month digesting a rare fall in the shares of the iPad maker.Apple's status as the world's most valuable company makes any decline in its share price painful for the wider stock market.

Apple to pay dividend and buy back shares

Apple has said it will use its cash to start paying a dividend to shareholders and to buy back some of its shares.

Bleak day for high street as Tesco slump spooks retail sector

More than £4bn was wiped off the stock market value of Tesco on Thursday after Britain's biggest retailer delivered its worst Christmas sales performance in decades and warned it would see "minimal" profits growth this year.

‘Serious lapses in Citibank led to fraud’

NEW DELHI: An internal investigation into the scam in Citibank's Gurgaon branch in May has shown that there were serious lapses within the bank that was responsible for one of the country's biggest fraud involving a multinational bank.

China ‘Basically Ready’ to Allow Foreign Firms to Sell Stock

Nov. 14 (Bloomberg) -- The Shanghai Stock Exchange said it’s “basically ready” to let foreign issuers sell stock, paving the way for companies from HSBC Holdings Plc to Coca-Cola Co. to list in the world’s second-biggest equity market.