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FTSE ends lower before earnings results
Jan 08, 2013 12:31 EST
London equities edged down Tuesday as investors digested company news and were cautious ahead of US aluminium giant Alcoa kicking off the quarterly earnings season.
FTSE ends higher buoyed by US fiscal cliff deal
Jan 02, 2013 12:54 EST
London shares closed higher on Wednesday as investor sentiment was boosted after US talks to avert a "fiscal cliff" of tax increases and spending cuts reached a compromise.
FTSE closes down
May 16, 2012 12:45 EDT
London equities closed down on Wednesday despite promising data from the US, amid warnings from the Bank of England over the eurozone debt crisis.
London shares close flat after budget announcement
Mar 21, 2012 13:33 EDT
London shares closed flat on Wednesday following the announcement of the national budget, which pledged a continuation of austerity measures.
Rothschild, Prince of Wales invest in green start-up
Feb 22, 2012 05:51 EST
LONDON (Reuters) - The Prince of Wales' private estate and financier Jacob Rothschild are among a group of investors who plan to invest more than 65 million pounds ($103 million) in a clean technology start-up focused on producing energy from organic waste matter.
Squeezed Britons to cut Christmas spending: study
Nov 03, 2011 11:21 EDT
LONDON (Reuters) - Britons will spend less this Christmas than a year ago as falling disposable incomes temper the traditional urge to splash out, according to a report published on Thursday.
Mesolithic "rest stop" found at UK supermarket site
Jul 19, 2011 12:55 EDT
(Reuters Life!) - An early prehistoric hearth has been discovered on the planned construction site for a branch of major British supermarket chain Sainsbury's.
UK supermarket ends deal with celebrity chef Jamie Oliver
Jul 12, 2011 11:20 EDT
LONDON (Reuters Life!) - J Sainsbury, the British grocer which urges shoppers to "try something new today," is following its own advice after agreeing to part company with celebrity chef Jamie Oliver following an 11 year association.
Factbox: Advertisers drop Murdoch paper over hacking claims
Jul 06, 2011 12:01 EDT
LONDON (Reuters) - Car makers Ford, Vauxhall and Mitsubishi Motors, Britain's biggest high street lender Lloyds and billionaire Richard Branson's Virgin Holidays, have dropped advertising in the News of the World due to allegations of hacking by the newspaper.
Factbox: Murdoch advertisers get cold feet over hacking claims
Jul 06, 2011 09:20 EDT
LONDON (Reuters) - Car makers Ford and Vauxhall, Britain's biggest high street lender Lloyds and billionaire Richard Branson's Virgin Holidays are among companies to drop advertising in the News of the World due to allegations of hacking by the newspaper.
EU clinches deal on new food labeling rules
Jun 15, 2011 13:17 EDT
BRUSSELS (Reuters) - European Union negotiators reached a deal Wednesday on new EU-wide food labeling rules, intended to fight rising obesity levels in Europe by helping consumers make more informed purchasing decisions.
UK consumers add solar panels to shopping lists
Mar 02, 2011 13:00 EST
LONDON (Reuters Life!) - British shoppers can now pick up a solar panel while out grocery shopping as the country's third largest supermarket J Sainsbury Plc has started to sell renewable energy technology in some stores.
Amazon launches UK grocery Web site
Jul 07, 2010 07:46 EDT
LONDON (Reuters) - U.S. online retailer Amazon.com Inc has launched an Internet grocery service in Britain, it said on Wednesday, joining a fast-growing but competitive market.
Tesco CEO Terry Leahy will retire in March
Jun 08, 2010 12:34 EDT
CEO responsible for transforming Tesco into market leader to retire. Shares in Tesco PLC, the world's third largest retailer, slipped Tuesday after it announced its chief executive would step down amid the company's expansion into the United States.
Qatar investor buys UK department store Harrods
May 08, 2010 18:28 EDT
LONDON (Reuters) - The investment arm of Qatar's sovereign wealth fund has bought the famous London department store Harrods from Egyptian-born businessman Mohamed al-Fayed in a deal reported to be worth around 1.5 billion pounds ($2.3 billion).
UK firms fined $349 million for tobacco price fixing
Apr 16, 2010 06:22 EDT
LONDON (Reuters) - Britain's consumer affairs watchdog has slapped a record 225 million pound ($349 million) fine on two tobacco firms and nine retailers accused of fixing prices on tobacco products between 2001 and 2003.
Tesco sales towards bottom end of forecasts
Dec 08, 2009 05:35 EST
LONDON (Reuters) - Tesco Plc, the world's No.3 retailer, posted quarterly sales growth toward the bottom end of forecasts, held back by a drop in food price inflation, but said a gradual consumer recovery remained on track.
Dubai debt delay rattles stock, bond markets
Nov 26, 2009 06:12 EST
LONDON (Reuters) - Shares in banks, builders and companies part-owned in the Middle East fell around the world on Thursday and investors sought safety in government bonds on worries about Dubai's ability to pay its debts.
Qatar's Barclays stake sale stokes Sainsbury talk
Oct 20, 2009 06:15 EDT
LONDON (Reuters) - Qatar is selling a 1.3 billion pound ($2.1 billion) stake in British bank Barclays <BARC.L>, stoking talk it will use a big profit to make a move on UK food retailer J. Sainsbury <SBRY.L>.
Abu Dhabi fund buys into Banco Santander Brasil
Oct 11, 2009 13:55 EDT
Abu Dhabi's Aabar Investments buys $328 million in Banco Santander's Brazilian bank subsidiary. The Abu Dhabi investment fund with the biggest stake in Mercedes-Benz said Sunday it has spent $328 million for a piece of a Brazilian bank recently floated by Spanish financial giant Banco Santander.
Facts from the Wikipedia page:
| Type | Public (LSE: SBRY) |
|---|---|
| Founded | 1869 |
| Headquarters | Holborn Circus, London, England |
| Key people | Philip Hampton, Chairman Justin King, CEO |
| Industry | Retail (Grocery) |
| Products | Supermarkets, banking |
| Revenue | £18,911 million (2009) |
| Operating income | £673 million (2009) |
| Net income | £289 million (2009) |
| Employees | 148,500[1] |
| Subsidiaries | Sainsbury's Bank Sainsbury's Supermarkets Ltd. Sainsbury's Convenience Stores Ltd. |
| Website | Corporate Website Consumer Website |