BBC Business Headlines

Tesco shares slump on profits error
Tesco shares close 6.5% down after the retailer announced that profits were overstated by £263m, £13m more than the original estimate.


Brazilian firms up bid for Chiquita
Brazil's Cutrale and Safra groups up their bid for banana giant Chiquita after their initial offer was rejected earlier this month.


Amazon reports increased losses
Amazon shares plunge over 7% after the company reports a third-quarter loss of $437m (£273m), bigger than many analysts expected.


Japan court backs pregnant woman
Japan's Supreme Court backs a woman who unsuccessfully sued her employer following a demotion due to her pregnancy.


Lloyds expected to cut 9,000 jobs
Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.



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Paul Krugman

Amazon’s Monopsony Is Not O.K.
It comes down to this: Amazon has too much power, and it is abusing it. read more...





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