Billionaire brother to step back after ‘fixing’ Asda
Mohsin Issa says the brothers are in it for the long term, but will appoint a boss to run the business....
AI optimism sends Nasdaq to new post-Covid high
Investors expect artificial intelligence to unleash a new wave of growth....
India economy beats expectations with 8.4% growth
The strong figures come just months before the country is due to hold a general election....
Issa brother to step back after ‘fixing’ Asda
Mohsin Issa says the brothers are in it for the long term, but will appoint a boss to run the business....
Sainsbury’s cuts 1,500 jobs in £1bn a year saving
The roles will go at its contact centre in Cheshire, in-store bakeries, and some local fulfilment centres....
Body Shop to shut 75 stores and cut hundreds of jobs
The retailer will close the sites over the next four to six weeks, but will keep 116 UK shops open....
Family lose £165 Ryanair check-in dispute
An airline dispute resolution scheme ruled that had Damian Lloyd had checked out his family....
Post Office sought double pay for chief executive
Former chairman Henry Staunton twice lobbied ministers to double Nick Read’s pay, MPs heard on Wednesday....
Disney plans $8.5bn merger for ailing India unit
It is combining forces with Reliance Industries, owned by Mukesh Ambani – Asia’s richest man....
Thames Water told to find extra cash itself
It follows reports the firm has lobbied the regulator to allow it to raise bills by 40% and face lower fines....