Debenhams boss Bucher steps down
He says it is “time to move on” following the takeover of the struggling retailer by its lenders.
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.
Retail sales boosted by mild weather in March
Sales grew well ahead of expectations last month, hitting the fastest annual pace since October 2016.
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.
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.
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.
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.”
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.
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.
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.