Category: Business News

Are the days of loyalty cards numbered after Tesco’s change?

Tesco’s decision to alter its Clubcard scheme may be a sign of more change ahead, experts predict. BBC News – Business

Apple to pay $38bn on foreign cash pile

The payment is expected to be the largest of its type following US tax code changes. BBC News – Business

Goldman posts first quarterly loss in six years

The investment bank has experienced problems in its fixed income, currencies and commodities trading business. BBC News – Business

Tesco announces grace period on Clubcard changes

The supermarket giant delays the cut to its biggest rewards until June after a customer backlash. BBC News – Business

GKN rejects £7.4bn hostile takeover bid

The engineering giant says the offer from turnover specialist Melrose fundamentally undervalues it. BBC News – Business

Carillion: Government ‘inept’ over crisis, says GMB boss

The GMB union wants the government to set up a task force to help affected companies and staff. BBC News – Business

Nestle sells Crunch, Nerds and other US brands to Ferrero for $2.8bn

Ferrero will pay $ 2.8bn for brands such as Crunch, Nerds, Runts and Butterfinger. BBC News – Business