A decline in food price inflation has caused Tesco to lose some of its sales momentum in the UK.The country’s biggest supermarket chain published a third-quarter trading update on Tuesday that showed that its UK like-for-like sales rose 2.8 per cent
German industrial orders fell unexpectedly in October, according to official figures that indicated Europe’s largest economy had started the final quarter of this year on a weaker note.Orders fell 2.1 per cent compared with September’s level, accord
The number of US workers claiming unemployment benefits fell for the fifth week running and dropped to the lowest level in 14 months, offering hope that the stricken labour market may be starting to improve.Initial jobless claims fell by 5,000 to 45
Police forces in England and Wales are to be told to make annual savings of around £500m in the next five years.The details are in a White Paper on policing to be published later. The Home Office document is also set to say officers should pat
Defending league champions of Ghana Accra Hearts of Oak were torn into pieces by underdogs Wa All Stars over the weekend.Although All Stars finished the game with ten men, they outplayed the 2005 CAF Confederation Cup winners in a 2-0 win. Frank N
Nigerian striker Kalu Uche was the only African player to get on the score sheet this weekend in the Primera Liga. The 27-year-old striker's late effort for Almeria was a mere consolation goal, however, as they suffered a 4-1 hammering at the hands
European shares extended their losses on Thursday as investors continued to take stock of the wider implications of the debt problems in Dubai on the global economy. European bourses suffered their biggest fall in seven months on Thursday after news
Defence group Qinetiq will fall short of its earlier profit expectations, it announced on Wednesday, blaming delays to large contracts from the UK government and continued uncertainty over US policy in Afghanistan.“Given the risks around closing pen
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