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Tesco


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UK Stocks-Factors to watch on Sept 13

Sept 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower with futures FFIc1 down 0.11% on Tuesday. * FEVERTREE: Tonic maker Fevertree FEVR.L reported a fall in profit for the first half of the year, despite strong demand in Europe and the U.S. * OCADO: British online supermarket Ocado Retail OCDO.L downgraded its full-year outlook, as shoppers trade down to cheaper products and buy fewer items in a cost of living crisis.
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UK Stocks-Factors to watch on Sept 13

Sept 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower with futures FFIc1 down 0.28% on Tuesday. * BARCLAYS: Barclays BARC.L is very "far along" in discussions with the U.S. Securities and Exchange Commission after it sold securities in breach of U.S. rules. * ASTRAZENECA: AstraZeneca AZN.L won the dismissal of a U.S. shareholder lawsuit claiming that it concealed problems in developing its COVID-19 vaccine.
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Private label ousting big brands as cost of living crisis grows

By Richa Naidu LONDON, Aug 24 (Reuters) - Tomasz Łuksza, who took over his father's Polish confectionary business just over a decade ago, has a problem he's not unhappy about: European supermarkets want more gummy bears and chocolate-covered marshmallows than he can make. "We're seeing at least two times the demand of last year and we can't take all the orders," said Łuksza, managing director and owner of 3 Topole, which supplies the private label brands of French retail giant Carrefour CARR.P
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British Business - August 12

Aug 12 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Heathrow Airport handled 6.3 million passengers last month, nearly 20% below its pre-pandemic levels, after it failed to recruit enough staff in security, at the gate, and on the tarmac during the spring.
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British Business - July 18

July 18 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - More people in the UK are cancelling their video subscriptions to save money in the face of the cost of living squeeze, with under-24s most likely to walk away.
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UK Stocks-Factors to watch on July 6

July 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.98%. * SHELL: Shell Plc SHEL.L said on Wednesday it would start building a renewable hydrogen plant, which it said would be Europe's largest once its operational in 2025, in the port of Rotterdam. * AO WORLD: British online electricals retailer AO World AO.L said on Wednesday it intends to raise about 40 million pounds ($47.7 million) through a placing and a primarybid offer.
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UK Stocks-Factors to watch on July 6

July 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 1.24%. * TESCO: Mars Inc has stopped supplying some petcare products to Britain's Tesco TSCO.L , less than a week after U.S. packaged foods company Kraft Heinz KHC.O pulled several brands from its shelves. * NEW CAR REGISTRATION: British new car registrations fell 24% in June from a year earlier, marking the weakest month in 26 years, as the sector struggled with persistent supply shortag
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Financial Times - July 6

July 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Royal Mail managers to strike over proposed job and pay cuts Link - Tesco squares up to Mars Petcare over price of Whiskas Link - Shell signs up to Qatar project as LNG demand booms Link - Sainsbury's sales fall as customers cut back spending Link Overview - Managers at Britain's Royal Mail RMG.L will hold two rounds of industrial
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British Business - July 6

July 5 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Toni Versluijs, chief executive of Nexperia, the Chinese-owned semiconductor firm that bought Britain's largest microchip manufacturer Newport Wafer Fab last year, has called for a swift decision on the future of the business.
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Risk-off mood clouds London stocks amid risk of recession

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Oil, mining stocks slide to weigh the most on FTSE 100 * Surge in British gas prices fan worries about inflation * FTSE 100 down 2.9%, FTSE 250 off 1.5% (Updates to close) By Sruthi Shankar and Devik Jain July 5 (Reuters) - Britain's FTSE 100 index tumbled on Tuesday, dragged lower by economy-sensitive energy, mining and financial shares as a surge in natural gas prices after a strike in Norw
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London stocks edge higher, Sainsbury's climbs after results

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 up 0.1%, FTSE 250 adds 0.5% July 5 (Reuters) - Britain's equity indexes rose on Tuesday in line with modest gains in Asian markets on hopes of a rollback of U.S. tariffs on China, while supermarket group Sainsbury's climbed after reporting quarterly sales that matched market expectations.
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UK Stocks-Factors to watch on June 30

June 30 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 1.64%. * IAG: International Airlines Group ICAG.L said it had converted options for 14 A320neo family Airbus jets, announced in 2013, into firm orders for 11 A320neos and three A321neos. * ASTRAZENECA: AstraZeneca AZN.L said its cancer drug Imfinzi, when given along with neoadjuvant chemotherapy in a late-stage trial, showed promise in helping patients with an aggressive form of lung can
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UK Stocks-Factors to watch on June 30

June 30 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 0.52%. * TESCO: U.S. food giant Kraft Heinz KHC.O has stopped supplying some products to Britain's biggest supermarket group Tesco TSCO.L , which resisted charging its customers higher prices for them at a time of surging inflation. * BRITISHVOLT: Electric vehicle (EV) battery startup Britishvolt has signed a deal with South Korean battery materials firm Posco Chemical 003670.KS designed
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British Business - June 30

June 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Whitbread Plc WTB.L on Wednesday named Dominic Paul, the boss of the British franchisee for U.S.-based Domino's Pizza DOM.L , as its new chief executive, replacing Alison Brittain.
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Danone trims product range as shoppers balk at high prices

By Richa Naidu LONDON, June 20 (Reuters) - French food giant and the world's biggest yoghurt maker Danone DANO.PA is cutting the variety of products its sells, a top executive said, adapting to changing consumer shopping habits in Europe and beyond as inflation bites into household spending. Supermarkets and the makers of packaged food are struggling to combat rising costs, with products ranging from crude oil to paper packaging becoming more expensive due to a protracted pandemic-led shipping c
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UK Stocks-Factors to watch on June 20

June 20 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Monday, with futures FFIc1 up 0.24%. * AB FOODS: Associated British Foods ABF.L said its Primark fashion business, which has shunned the extra cost of home delivery, will trial a UK Click & Collect service on children's products. * EASYJET: easyJet EZJ.L said it was cutting more flights in the busy summer period to help manage operational problems, including staff shortages in ground handling and flight caps at London G
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Danone trims product range as shoppers balk at high prices

By Richa Naidu LONDON, June 20 (Reuters) - French food giant Danone DANO.PA is cutting the variety of products it sells to retailers to cut costs, a top executive told Reuters, meaning yoghurt fans may in future miss out on the exact flavour or pot-size they're used to. Supermarkets and the makers of packaged food are struggling to combat rising costs, with products ranging from crude oil to paper packaging becoming more expensive due to a protracted pandemic-led shipping crunch and Russia's inv
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UK Stocks-Factors to watch on June 17

June 17 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Friday, with futures FFIc1 up 0.01%. * TESCO: Tesco, Britain's biggest retailer, said it was seeing early indications of changing customer behaviour due to surging inflationary pressures that had made the market environment "incredibly challenging". * GLENCORE: Miner and trader Glencore GLEN.L forecast its trading division's half-year adjusted operating profit to exceed $3.2 billion, the top end of its long-term annual ou
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This is how it sounds like, when the doves cry

A look at the day ahead in markets from Julien Ponthus Operation shock and awe: June 2022 will most likely be remembered as the month central banks finally decided to bring out the big guns to shoot down soaring inflation. Within 48 hours, the U.S. Federal Reserve made its biggest rate hike since 1994, the Swiss National Bank raised its policy interest rate for the first time in 15 years and the European Central Bank announced fresh emergency tools to support the bloc's indebted south while it t
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Tesco says Britons buying less and trading down to navigate inflation

* Says market environment is "incredibly challenging" * Customers are increasing shopping trips, buying less * Customers also buying cheaper products * Reiterates full-year guidance By James Davey LONDON, June 17 (Reuters) - Britons are buying less, switching to cheaper products and shopping more often as they try to cope with soaring inflation, supermarket giant Tesco TSCO.L said on Friday, describing the market environment as "incredibly challenging".
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