Just six weeks into his job, Tesco (TSCO.L) boss Dave Lewis must look at selling assets in Britain and abroad as he battles to raise funds to pull the world's No.3 grocer out of the deepest crisis in its 95-year history.
Sectors
Russia and Ukraine reach tentative gas deal in tough Milan talks
Russia and Ukraine made progress on Friday towards resolving a dispute over gas supplies in time for winter, but European leaders said Moscow still had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.
U.S. housing recovery rolls on as groundbreaking rises
U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.
Publishers aim to take Chinese literature to the world
China, the world's second-biggest book market after the United States, has long been a consumer of works from other countries, now it is making a push to export its own literature abroad, helped by the e-book revolution.
Japan to roll out aerospace hope with first commercial jet in half a century
Mitsubishi Aircraft will roll out Japan's first commercial jet in more than 50 years on Saturday, amid doubts its ambition to sell more than 2,000 of the planes can match reality in the market segment.
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Loss-making budget airline Virgin Australia Holdings Ltd (VAH.AX) will buy full control of its ailing 60 percent-owned Tiger Australia Airways business for just A$1, signaling plans to cut a bloated fleet that has hobbled turnaround efforts.
Goldman Sachs Group (GS.N) is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, according to three sources familiar with the situation.
The embattled U.S. Export-Import Bank on Thursday said it authorized $1.7 billion in financing to support U.S. exports of helicopters, business jets and agricultural aircraft since fiscal 2012, aiding a sector hit hard by the 2008 financial crisis.
Apple Inc's (AAPL.O) faster, slimmer iPads come with modest improvements, such as a fingerprint sensor, but some analysts say it offers few other features to wow consumers ahead of a holiday shopping season expected to be swamped by mobile devices.
Twitter Inc (TWTR.N) will allow users to play podcasts, music and other audio clips direct from their timelines, or message feeds, via a new feature designed in partnership with Berlin-based audio-streaming service SoundCloud.
Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent.
Chinese e-commerce firm Alibaba Group Holding Ltd said on Thursday it has changed the name of its Alipay financial services affiliate to Ant Financial Services Group as it steps up its push into the financial services industry.
Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.
Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.
