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Added on the 08/01/2015 13:47:05 - Copyright : Reuters EN
Tesco has revealed the cost of its spectacular decline with an annual loss of 6.4 billion pounds ($9.5 billion), one of the biggest in British corporate history. As Hayley Platt reports the world's third biggest retailer has also warned there could be more pain to come.
The number of Spaniards registered jobless fell for a sixth month in a row in July. But as Sonia Legg reports, with nearly all new hires on temporary seasonal contracts, the revival of a long-depressed labour market remains a work in progress.
Tesco will slash costs and sell assets to fund lower prices and mend its finances, Britain's biggest retailer said on Thursday, as its new boss set out his plan to fight back from years of market share losses and an accounting scandal. (ROUGH CUT - NO REPORTER NARRATION)
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Thousands of students march through downtown Buenos Aires in protest against budgets cuts to higher public education, research and science, declared by right-wing president Javier Milei's new government IMAGES