New Tesco head backs current strategy

Source: Dukascopy Bank SA
The new boss of the UK largest retailer by sales Tesco decided to stick with his predecessor's strategy, despite a fall in the company's H1 core profit amid losses caused by the pandemic.
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Wed, 07 Oct 2020 16:43:28 GMT

Gazprom faces $7.6B fine over Nord Stream 2

Russia's Gazprom is facing a fine worth over $7.6B from Polish regulator for its gas pipeline "Nord Stream 2" building without the approval of Warsaw, it reported on Wednesday.

Wed, 07 Oct 2020 14:59:15 GMT

Wells Fargo trims jobs amid cost-cutting drive

On Wednesday, Wells Fargo stated it was cutting jobs at the commercial banking division amid its larger reductions, which would affect the majority of its business lines and functions.

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