Thursday October 23, 2014

National Business

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British retailer Tesco says chair resigns after accounting scandal, 99 per cent drop in profits

LONDON - The chairman of Tesco, the world's second-biggest retailer behind Walmart, has resigned amid an accounting scandal in which the company admitted it had overstated its profits....

posted: October 23,2014

National Business

World stocks sink after manufacturing data shows China's factories failing to fire

TOKYO - Global stocks fell Thursday after another slump in oil prices added to doubts about the...

Hyundai Motor's profit drops 28 per cent as appreciation of local currency weighs

SEOUL, South Korea - Hyundai Motor Co. said Thursday its profit sank nearly 30 per cent for the...

Spain*s quarterly jobless figure drops to 23.7 per cent as economy recovery gathers pace

MADRID - Spain's unemployment rate dropped to 23.7 per cent in the third quarter from 24.5 per cent ...

Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft

HELSINKI - Nokia appears to have turned around its fortunes after the sale of its ailing cellphone...

Consumer product giant Unilever says prices are falling in Europe; "sharp" slowdown in China

AMSTERDAM - Unilever PLC, the maker of consumer products including Dove soaps, Lipton teas and Ben...

India picks up pace on economic overhaul with a slew of big announcements

NEW DELHI - After months of criticism for not moving aggressively enough on promises of an economic ...

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