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Bank Closures Taking their Toll on Businesses Across Greece

QuickPost News | Athens ATHENS—Greek businesses are buckling under the strain of a second wave of bank closures this week, as a cash-strapped government shutters 30 branches of Piraeus Bank and Alpha Bank amid a €2 billion bailout shortfall. The move, announced Monday by the Bank...

Tesco Boss Hails End of ‘Space Race’ as Profits Crash

QuickPost News | London LONDON—Tesco’s CEO Ken Murphy declared the “space race” officially dead on Tuesday, unveiling a radical pivot as Britain’s retail titan reported a 22% profit crash—the steepest in over a decade. Pre-tax profits for the fiscal year ending February 28, 2025, slumped...

Marks & Spencer Profits Jump for First Time in Four Years

QuickPost News | London LONDON—Marks & Spencer (M&S) has staged a stunning comeback, posting its first profit increase in four years as the British retail giant reported a pre-tax profit of £725 million for the fiscal year ending March 1, 2025—a 17% leap from £620...