Supermarket stocks were the worst performers in London on Friday afternoon as the category continued to extend losses heading into the weekend. The FTSE 350 UK retail sector has lost 4.3% of its value over the last five days as the wider stock market pulled back from coming close to a multi-year hi
Read more* Tesco says M&S CFO Alan Stewart to join firm in same role * No start date given for Stewart * Stewart likely to be held to 6mth notice and non-compete clause * M&S shares down 1 pct, Tesco shares up 0.5 pct (Adds detail, analyst comments, shares) By James Davey L
Read moreJuly 10 (Reuters) - Indian Prime Minister Narendra Modi's new government on Thursday unveiled its first budget of structural reforms aimed at reviving growth, winning praise from investors despite a lack of clarity over how it would cap the big fiscal deficit. Modi's government, in office f
Read moreLONDON, July 10 (Reuters) - Tesco, Britain's biggest retailer, is close to naming Marks & Spencer 's Chief Financial Officer Alan Stewart as its new finance director, according to a source familiar with the situation. Tesco has been looking for a new finance chief since Laurie McIlwee annou
Read more- FTSE 100 closes down 20.41 at 6,718.04 - Admiral and Aviva lead downside - Attentions turn to tonight's Fed minutes techMARK 2,782.15 -0.43% FTSE 100 6,718.04 -0.30% FTSE 250 15,549.63 -0.66% It was a weak finish for the top tier index, which dropped below the 6,700 level in the first hour of tr
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