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...
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...
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...