formats

Debenhams boss Bucher steps down

He says it is “time to move on” following the takeover of the struggling retailer by its lenders.

formats

ConocoPhillips sells off UK North Sea assets for £2bn

The oil and gas giant sells its North Sea assets to private equity-based Chrysaor for £2bn.

formats

Retail sales boosted by mild weather in March

Sales grew well ahead of expectations last month, hitting the fastest annual pace since October 2016.

formats

Facebook copied email contacts of 1.5 million users

The social network was grabbing email contacts of some new users for almost three years, it says.

formats

North Korea reportedly rejects Pompeo from nuclear dialogue

North Korea no longer wants U.S. Secretary of State Mike Pompeo involved in nuclear talks, state media said.

formats

Amazon plans to shut online store in China

The partial retreat from China comes as the US tech giant battles tough competition from local rivals.

formats

Amazon is shutting down its China marketplace business. Here’s why it has struggled

Amazon said it will “no longer operate a marketplace on Amazon.cn” and “will no longer be providing seller services on Amazon.cn effective July 18.”

formats

Major banks raise China growth forecasts after surprise GDP numbers — some are still cautious

China’s better-than-expected first quarter GDP growth is spurring economists at Citi, Barclays and ING to raise their growth forecasts for this year, though other analysts are holding off for now.

formats

Jet Airways: Taking the last flight of India’s stricken airline

The prominent Indian airline has run out of cash and suspended all its flights.

formats

Europe’s banks are set for a difficult earnings season: Here’s what you need to know

Big European banks are set to report their first-quarter earnings and some investors fear that poor report cards could lead to further volatility.