sainsbury039s-shares-hit-by-asda-deal-fears

Sainsbury's shares hit by Asda deal fears

Image copyright Getty Images Shares in Sainsbury's closed more than 5% lower after the retailer said it was seeking to delay an investigation into its proposed merger with Asda. The Competition and Markets Authority (CMA) has denied its request for an 11-day extension but Sainsbury's said it would appeal against the decision. The move raised…
china039s-tencent-music-jumps-on-us-launch

China's Tencent Music jumps on US launch

Image copyright Reuters Image caption Tencent executives celebrate the firm's listing on the New York Stock Exchange Shares in Tencent Music Entertainment Group, China's music streaming giant, jumped 10% on their first day of public trade in New York.The listing raised about $1.1bn (£870m) for the firm, based on an initial share price of $13.Shares…
dixons-carphone-posts-440m-loss-in-first-half

Dixons Carphone posts £440m loss in first half

Image copyright Dixons Carphone Image caption Dixons Carphone employs more than 42,000 people in eight countries Shares in Dixons Carphone closed 6% lower after the retailer wrote down the value of its mobile business, Carphone Warehouse. The retailer, which also owns Currys PC World, posted a loss of £440m for the six months to 27…
meng-wanzhou-trump-could-intervene-in-case-of-huawei-executive

Meng Wanzhou: Trump could intervene in case of Huawei executive

Image copyright Reuters Image caption Meng Wanzhou has said she will contest allegations of fraud Donald Trump says he could intervene in the case of Huawei executive Meng Wanzhou if it helps to avoid a further decline in US relations with China."Whatever's good for this country, I would do," the US president said.Ms Meng, the…
the-germans-solving-rising-rents-with-people-power

The Germans solving rising rents with people power

Image caption The residents of Ligsalz8 believe they have found the answer to the expensive cost of renting in Munich Despairing of rising prices, some Germans are taking matters into their own hands to secure long-term, cheap, and stable rents.Rents in Munich's trendy Westend district have soared in recent years. The former working-class neighbourhood, home…
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Streets with UK's slowest and fastest broadband named

Image copyright Getty Images Image caption One in eight homes had download speeds below 5Mbps, according to uSwitch A village street in Bamfurlong, Gloucestershire, has been named as the slowest for broadband internet, according to an annual survey.The study said homes on Greenmeadows Park averaged just 0.14 megabits per second (Mbps).The fastest spot, by contrast,…