Irish Tesco customers ‘not affected’ by UK systems fault

Retailer forced to cancel thousands of online grocery orders in UK due to technology glitch

Brexit effects take hold as UK consumers see price rises

Peugeot joins Dell in raising prices on back of sterling’s post-referendum weakness

Asda chief executive Andy Clarke to step down

Walmart China boss Sean Clarke to take over

UK faces one year recession if it bows out of EU, warns Treasury

‘Can we knowingly vote for a recession?’ chancellor George Osborne asks

For your diary

A round up of business events happening this week

European shares knocked down by falls at EDF and banks

Low volumes traded in Dublin as Kingspan, BoI, FBD and Smurfit make gains

Pound still under pressure over Brexit

In Dublin, Ryanair advances 2.6% in line with travel stock rebound across Europe

Sainsbury reports surprise increase in Q4 sales

Supermarket group ponders whether to boost its bid for Argos owner Home Retail Group

Sainsbury to buy Argos owner for £1.3bn

Deal will combine two of the UK’s biggest retailers in an effort to fight back against competition

Home Retail confirms Homebase sale to Wesfarmers

Homebase to rebrand as Bunnings in Ireland and the UK as it goes head-to-head with B&Q

Seen & Heard: Call for Uber boycott over tax row

Fianna Fáil urges Ministers not to attend opening of new call centre in Limerick

Sainsbury considers offer for Argos owner

Deal with Home Retail Group would combine two of the UK’s largest retailers

Equities rally as oil prices move from multi-year lows

Boost for Ryanair shares in Dublin but property trusts under pressure

UK expansion would test the mettle of Dunnes Stores’ Iron Lady

Taking the plunge across the water would represent one of the biggest strategic pivots in the company’s 70-year history

Stocks rebound on Greek deal optimism

European equity markets climb, ending six-day losing streak

Sainsbury sees first ‘green shoots’ of recovery

Supermarket group first improvement in sales volume for more than a year

Investor optimism lifts European stocks

Weaker-than-forecast inflation bolsters case for ECB to begin quantitative easing

Plunge for Greek stocks leads markets lower

Retreats across the board as poor trade data and Tesco profit warning darken mood

Tesco is worth less than its debts

The collapse in the company’s share price means it’s now worth less than it owes its creditors in the bond market

European stocks fall to five-week low

Negative sentiment towards airlines sees Ryanair close down 2.4 per cent

Misplaced poster reflects desperate battle for sales in beleaguered grocery sector

Focus shifts from Tesco to Sainsbury’s as it updates the market

European stocks rise on US optimism

US GDP grew at a revised 4.6 per cent annualised rate in the second quarter

Values slide on Chinese stimulus data

Index heavyweight CRH one of the big Iseq movers of session, closing up 2% at €18.35

Grocer Morrisons first-half profit more than halves

Morrisons made an underlying pretax profit of £181 million in the six months to August 3rd

Inflation data cools ECB stimulus speculation

Fyffes gains 4.25% amid conjecture that $1bn merger with Chiquita could go ahead

Stocks down to lowest level in three months

Negative sentiment across Europe as tensions rise along Ukraine border

European stocks fall from six-year high

Lufthansa among companies to cut profit forecasts, bringing down Irish airlines

Good news from China cancels out euro fears for markets

Chinese factory activity expanded at its fastest pace in five months in May

Even the most moronic client can spot fake corporate chumminess

Opinion: businesses’ chumminess is acceptable only when not too blatantly self-interested

European stocks little changed after rally

Ryanair drops 2.7 per cent, reflecting weakness in aviation stocks across Europe

Fiat stalls on disappointing earnings

Iseq falls 1.13 per cent, dragged down by CRH decline of 3.4 per cent to €20.47

Sainsbury’s nine-year run of sales growth comes to an end

Grocer had reported sales growth for 36 straight quarters

UK grocer Morrisons warns on profit

Supermarket chain sparks talk of industry price war after posting lowest profit for five years

Turkish rate hike unnerves European markets

Equity markets concerned over support for emerging market currencies

Sainsbury’s chief executive King to stand down in July

Commercial director Mike Coupe to succeed Justin King

European stocks rise in first week of year

Bank of Ireland’s good run continues with stock finishing 0.7% ahead at 30 cent

Seen & Heard: State to sell 10-year bond

Move aimed at raising between €4bn and €5bn

Tesco sees Irish sales fall by 8.1% in third quarter

Supermarket chain has been losing market share in Ireland to Dunnes Stores, Aldi and Lidl

Incoming Fed chief’s ‘taper’ comments ensure global markets remain afloat

Iseq finishes session in postive territory as CRH adds over 2%

For your diary

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