Tesco

Tesco plans $6.6bn shareholder return from Asia disposals

LONDON/BANGKOK: Tesco (TSCO.L) plans to return $6.6 billion to shareholders after agreeing to sell its supermarket businesses in Thailand and Malaysia to...

Amazon contemplating entering financial sector with a checking-account like product

NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as...

Rumors of Amazon’s entry into online selling of medicines rattles drug retailers shares

New York City: Shares of drug retailers Walgreens Boots Alliance Inc, CVS Health Co and Rite Aid Corp tumbled on Friday after...

Services sector grows by 4.7pc in FY19: SBP

ISLAMABAD: The services sector of the country grew by 4.7pc during the financial year 2018-19, representing a slowdown when compared to last year,...

The Black Friday phenomenon—A shopping spree that beats all binges

Upon hearing her friends’ last year’s experience of Black Friday sales in which they availed great discounts, the 21-year-old pharmacy student from...

British supermarkets battle to secure stocks as chaotic Brexit looms

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers