Tesco rocked by shareholders' revolt
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Business & money: Workers in poor countries exploited, say investors.
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Tesco demonstrated its position as the country&#39;s biggest supermarket chain yesterday with a 24% rise in interim profits and its fastest sales growth in almost 10 years.
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Tesco, the largest supermarket chain in Britain, said it had raised its stake in its Chinese joint venture with Ting Hsin to 90 percent, in a deal valued at Â£180 million ($351 million). Two years ago, Tesco took a 50 percent stake in the venture, Ting Cao, a wholly owned subsidiary of Ting Hsin, which operates the Hymall chain of 44 supermarkets. Ting Cao plans to opens its first store in Beijing early next year.
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The FTSE 100 fell sharply on Tuesday as grocer Tesco provided further evidence of a retail spending slowdown.
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Airing customers' smalls An administrative blunder left thousands of customers of UK supermarket chain Tesco open to identity fraud.â¦
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Tempur-Pedic leaves investors crying like babies after its latest quarter.
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British producers struggle to keep up with consumers' soaring demand.
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All 14 outlets of the Tesco supermarket chain which were closed Saturday after nationwide threats have reopened on Sunday, a spokeswoman for the retailer told AFP.
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In a global economy where consumers   are holding back, Britain's biggest food retailer Tesco   TSCO.L is gearing up for increased competition with its U.S.   rivals, a senior executive said on Wednesday.
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The move comes as the company tries to win back choosy high street customers amid fierce competition from the likes of Next and supermarket chain Asda.
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A Tesco store in Port Talbot was one of more than a dozen closed on police advice after a series of threats.
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The rescue of British bank Northern Rock  could get bogged down in a legal battle as shareholders criticized the government's handling of the five-month crisis just as a decision nears.
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Tesco self-service tills suffer from an apparent "security loophole", consumer group Which? says.
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Shares in Premier Foods  fall on concerns over problems caused by high raw material prices.
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Slot manufacturer gets pummeled after releasing profit warning.
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First-half profit at J Sainsbury tumbled almost two thirds as Chief Executive Justin King battles to regain market share and restore financial health to Britain&#39;s third-largest food seller.
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Malcolm Glazer's bid to buy Man Utd suffers a serious setback after his boardroom coup.