Tesco to shut Tesco Direct in July

Source: Dukascopy Bank SA
The UK biggest retailer Tesco stated that it is likely to close Tesco Direct, the company's non-food website, as it was unable to make the loss-making business activity profitable.
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Tue, 22 May 2018 15:27:56 GMT

Quarterly profit of US banks jumps 27.5% on lower rate of tax

The US banks reported profit of $56B in the March quarter, up 27.5% from a year before, as institutions started to take an advantage of lower tax rate, the FDIC report showed.

Tue, 22 May 2018 14:25:20 GMT

Micron's shares gain 5% on $10B stock buyback

On Tuesday, Micron Technology's shares gained 5%, becoming the most traded stock on the Wall Street, following its announcement on buying back up to $10B of its shares.

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