ASDA supermarket interior

Today’s special? Walmart set to unload stake in Asda

WALMART, the world’s biggest retailer, may sell a majority stake in UK supermarket chain Asda. (Click here to see stock prices for the companies mentioned...
Navinder Sarao in court

Rogue trader’s abortive career ends with home detention order

A BRITISH stock market trader who caused a trillion-dollar crash on Wall Street in 2010 has been sentenced by an American court to a...
Trainers, sneakers in shop

Walking a mile in China’s shoes likely to cost US shoppers dear

US PRESIDENT Donald Trump may figuratively have shot himself in the foot. Another industry is about to become a casualty of America’s escalating trade war...
Grain elevator

Energy exchange group acquires Nasdaq future and options business

ENERGY exchange EEX Group has announced an agreement with US-based Nasdaq Futures (NFX) to buy its futures and options exchange business. The German-based European Energy...
Halloween shop

Oh, my gourd: pumpkins, sweets and costumes make today a monster hit

WANT to hear a scary story…? Well gather round the hearth, children, and consider these facts (well, internet facts, courtesy of the US National...
Mixed bank notes, pound, euro, dollar

IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies

THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”. The...
Cheese shop

The cheese! The cheese! US tariffs hit EU where it will hurt the most

By Hal Williams OH DEAR, Gromit! The US is set to impose 25 percent tariffs — worth $7.5bn (£6.1bn) — on EU exports of cheese,...
Man watching TV

Mega-merger of media giants brings stock moves and criticism

BROADCASTING giants CBS and Viacom are set to merge in a media deal that will see shared ownership of MTV, Comedy Central and Paramount...
Yuan currency

Yuan tumbles to lowest level in a decade as US tariffs imposed

THE US has accused Beijing of currency manipulation after the Chinese yuan dropped to its lowest level in more than 10 years. The rate now...
Boeing 737 MAX

Max woes continue for Boeing, with production halt mooted

BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents. (Click here to see...