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Tesco Announce Indian Venture

John Williams - Tuesday 12.08.08, 13:47pm

Retail giant Tesco have announced a £60million venture into the wholesale cash & carry business in India, alongside a deal with the Tata, owners of the Land Rover/Jaguar group.
Tata already has a stake in the Indian retail market through their Tata’s Star Bazaar hypermarkets and the deal is hoped to grow that chain from the [...]

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Tags: Retail · UK Economy · World Economy

Saudi Agree To Increase Oil Production, But Prices Still Rise

John Williams - Monday 23.06.08, 12:35pm

It is feared that the agreement by Saudi Arabia to increase oil production will have little effect in the short term following the attacks on Nigeria’s pipelines and subsequent loss of fuel and production.
Saudi Arabia confirmed at emergency meetings yesterday that it would increase oil production to it’s highest level in 30 years in a [...]

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Tags: UK Economy · World Economy

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