Category Archives: Business

Sainsburys cuts annual sales forecast and reviews dividend

New CEO Mike Coupe launches company review, saying pace of change in sector is most dramatic he has seen in 30 yearsSainsburys has cut its forecast for annual sales and is reviewing its dividend after the supermarket group was forced to slash prices in…
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Posted in Asda, Business, J Sainsbury, Retail industry, Supermarkets, Tesco, World news | Comments Off

Israeli airline urged to stop bullying of women by ultra-orthodox passengers

Petition organiser says airline should find way to accommodate religious requirements without breaching other peoples rights Continue reading…
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Posted in Airline industry, Business, Israel, Judaism, Top News, World news | Comments Off

Lloyds fires staff and axes bonuses for Libor rigging

Eight workers dismissed for manipulating benchmark interest rate, with cuts to overall bonus pool also expectedLloyds Banking Group has fired eight staff and withheld £3m of bonuses following unacceptable actions that led to the bailed out bank b…
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Posted in António Horta-Osório, Banking, Business, Executive pay and bonuses, Financial Conduct Authority, Libor, Lloyds Banking Group, Top News, UK news, World news | Comments Off

Tory John Redwood warns businesses not to stand in way of EU exit

MP says firms expressing views on EU membership would pay a very dear economic and financial price Continue reading…
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Posted in Business, Conservative conference, Conservatives, Europe, European Union, Politics, UK news, World news | Comments Off

Tory conference 2014 – Osborne announces 2-year benefit freeze: Politics live blog

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Posted in Business, Conservative conference, Conservatives, Economic policy, George Osborne, Pensions, Politics, Tax and spending, UK news, World news | Comments Off

Ireland defends tax dealings with Apple

Dublin denies EU commission claims that it helped iPhone maker obtain billions of euros in illegal state aid Continue reading…
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Posted in Apple, Business, Computing, Corporate governance, Europe, European Union, Ireland, Tax avoidance, Technology, Technology sector, United States, US taxation, World news | Comments Off

Breast cancer drug Perjeta could extend patients lives by 15 months study

Drugmaker Roche says £43,000-a-year treatment can extend lives of women with aggressive form of disease

A new but very expensive breast cancer drug has shown unprecedented benefits in extending the lives of women with an aggressive form of the disease.

Data released by the pharmaceutical company Roche suggests Perjeta could, in combination with other drugs, increase the survival of women with advanced breast cancer by 15 months. The results will raise the stakes in the battle in the UK over the funding of cancer drugs.

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Posted in Breast cancer, Business, Cancer, Health, Pharmaceuticals industry, Society, The National Institute for Health and Care Excellence (Nice), World news | Comments Off

Aldi vows to fight on in supermarket price war as UK profits leap 65%

German discount store says it will respond to price cuts from competitors with further reductions as sales rise 36% to £5.3bn

Aldi has vowed to maintain the supermarket price war that has drawn legions of cost-conscious shoppers to its aisles as it announced a 65% increase in its UK profits.

The German discounter said it would respond to price cuts from competitors with further discounts and claimed that attempts by rivals to match its budget approach had only served to boost sales.

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Posted in Aldi, Business, Supermarkets, UK news, World news | Comments Off

World news | The Guardian 2014-09-28 03:33:51

Mathias Cormann announces prospectus to be issued in October for the sale of Australias largest health insurer Continue reading…
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Posted in Australia, Australian politics, Business, Health policy, Privatisation, Top News, World news | Comments Off

Richard Branson should beware the perils of peer control

We should be open to the idea of self-managed holidays, but it wont work in a climate of anxietyHalf Brazilian, half Austrian, Ricardo Semler runs one of the strangest companies in the world though perhaps runs is the wrong verb. He rece…
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Posted in Business, Employee benefits, Employment law, Richard Branson, Work & careers, Work-life balance, World news | Comments Off