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The strong pound is causing trouble for Burberry

The strong pound is causing trouble for Burberry

Asia has been an incredibly successful market for the heritage brand, but now success at home is causing trouble abroad.

 

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Tesco's Philip Clarke cannot get by on blind optimism alone

Tesco's Philip Clarke cannot get by on blind optimism alone

16 April 2014

Shares in Tesco are actually up by just under 3.7%, after it reported sales had dropped by 6%. But it still hasn't worked out a strategy to compete with discounters.

 
 
Diageo is going deeper into emerging markets

Diageo is going deeper into emerging markets

15 April 2014

Just as everyone else is getting out of emerging markets, Diageo is taking the brave step of increasing its presence in India by buying up its biggest spirits manufacturer.

 
 
European banks say the bonus cap is actually helping them recruit staff

European banks say the bonus cap is actually helping them recruit staff

14 April 2014

After all the braying about cutting bonuses being bad, it turns out many bankers quite like fixed pay.

 
 
Facebook wants us to use it to pay people as well as share cat photos

Facebook wants us to use it to pay people as well as share cat photos

14 April 2014

The social media giant wants to become indispensable in the developing world.

 
 
Apple and Microsoft have bigger cash piles than the UK and US

Apple and Microsoft have bigger cash piles than the UK and US

11 April 2014

The tech giants are also sitting on more dollar than Canada and oil-flush UAE and Norway.

 
 
The Co-operative Bank lost £1.3bn last year

The Co-operative Bank lost £1.3bn last year

11 April 2014

The bank's results are pretty much as we expected: not good. But at least there were no nasty surprises.

 
 
This is why London is more business friendly than New York

This is why London is more business friendly than New York

07 April 2014

London hosts 40% of European headquarters of the world's top companies. New York is home is to 25% of North American equivalents.

 
 
Mike Ashley has had his bonus cancelled for the second year in a row

Mike Ashley has had his bonus cancelled for the second year in a row

03 April 2014

Perhaps that explains why the Sports Direct founder has been gradually selling off his shares. A man has to put food on the table.

 
 
Bob Diamond's back and banking on Africa

Bob Diamond's back and banking on Africa

01 April 2014

The former Barclays boss makes his return to banking, with the $265m purchase of Zimbabwe and Botswana-listed BancABC. Look out Africa!

 
 
Royal Mail share price: it was too low, the NAO says

Royal Mail share price: it was too low, the NAO says

01 April 2014

Vince Cable is in trouble: not only has an official investigation decided that he priced Royal Mail too low, but the 'long term investors' he chose have sold off their stakes...

 
 

The MT interview: Terry Smith

"I'm often described as outspoken. I don't view this as a criticism."

Terry Smith, CEO of Tullet Prebon, pulls no punches in this month's big interview

 
 

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