Tesco’s financial team and its auditor, PwC, face a formal investigation by the accountancy watchdog over the supermarket’s £263m overstatement of profits.
The Board of Directors of The Goldman Sachs Group has announced the appointments of Mark A. Flaherty and Mark O. Winkelman as independent directors of the firm, effective December 18.
This is the Christmas that is eating Hollywood.
On the day that Sony Pictures decided to cancel the release of The Interview – a comedy about the fictional assassination of the North Korean leader, Kim Jong-un – the firm’s employees were advised to cover their keyboard with a cloth when logging into email “so that hackers can’t see what you are typing”.
The role of the North Sea as a goldmine for future tax revenues and highly paid jobs is under threat unless something is done urgently to address a crisis triggered by plunging oil prices, the government was warned.
The Black Friday promotional extravaganza meant Christmas came in November for John Lewis but, despite slower sales in recent days, store chiefs expect a bumper finish to December as shoppers get a second wind.
Wintergreen Advisers on Monday said Coca-Cola shares were "deeply discounted because of poor management and governance" and said the company's CEO, Muhtar Kent, should be replaced.
The boardrooms of Britain’s biggest companies are becoming more dominated by white people despite business secretary Vince Cable demanding that firms increase their ethnic diversity.
There were Christmas shopping bargains galore on Amazon’s website over the weekend … for about an hour.
Next has called a meeting of shareholders to deal with an inadvertent infringement of UK company law over reporting the payment of dividends.
Up to 300 jobs are at risk at London-based ready meals company Bakkavör Meals after it lost a contract to supply Tesco with mashed potato.
Asda is cutting about 200 jobs at its head office in Leeds after the supermarket endured a tough Christmas trading season.