IBTimes UK looks at some of the issues plaguing troubled supermarket giant..
Furse also on Fortis’ board when it was bailed out following disastrous ABN Amro takeover.
Gallup Europe says anti-EU sentiment to help nationalist candidates in the 2014 European Parliament elections
EC announces Latvia is ready to become the 18th country using the euro despite high foreign deposits
Separate data by Eurostat showed retail sales dropped 0.5% in April.
China launches Europe wine anti-dumping probe.
Ikea founder quits the board of Inter IKEA Group but Mathias Kamprad takes over
Businesses should be incentivised to take on apprenticeships if we want to tackle unemployment, says UKCES Commissioner Scott Johnson
Markit/CIPS PMI data shows forecast-beating service sector bounce in May as figures suggest UK recovery in sight.
Chairman says bank is working with new watchdog PRA and appoints Morrisons' Richard Pennycook as finance director
Nomura resumes paying out bonuses while Daiwa doubles top executive compensation and aims to hire more bankers
Investors will track services PMI data from the UK, Germany, France, Italy and Spain.
Tesco reports 1% like-for-like sales drop in the UK and disappointing international performance in first quarter.
Prime Minister Abe targets 3% yearly growth in per capita income via third arrowlooks
Breaking the glass ceiling means more than increasing boardroom pioneers such as Sheryl Sandberg and Marissa Mayer
The HSBC services PMI inches up to 51.2 in May from 51.1 in April.
BRC/Nielsen Shop Price Index reports first headline deflation reading for three and a half years - why?
British Retail Consortium/Nielsen Shop Price Index shows easing food inflation.
Australia grew by 0.6% in the first quarter, below analysts' forecast of 0.8%.
Wall Street ends lower after investors sell growth-focused stocks.
First-quarter net profit soars 584.6% to €1.95bn from a 60% stake sale in Swedish retailer ICA.
Former finance chief is fined €630,000 but dodges prison sentence for mis-leading BNP Paribas in loan negotiations
International Monetary Fund tells French President Francois Hollande that economic reforms programme needs "powering up".
Trading profit rose 7.9% in third quarter, despite disappointing European sales.
Parliamentary Commission for Banking Standards mulls splitting RBS into 'good' and 'bad' bank but will not delay privatisation.
From June 3-6 heads of state will meet up with business leaders at The Grove Hotel in Watford for Bilderberg, an annual conference amongst the transnational elite that is shrouded in secrecy.
ONS infographics on foreign companies snapping up British businesses, in lieu of tumbling domestic market activity
Markit PMI data for May shows construction sector output rising at fastest pace for two years.
Foreign companies buy more UK firms as domestic deals fall to lowest number since ONS data began in 1969
Primark will sell 20 womenswear products online under a partnership with ASOS.