Tencent beats Alibaba in ‘red envelope’ war

Users send 810m cash gifts in a single minute on Lunar New Year’s eve

Crippling US ports dispute hits Gap

Warning on earnings as clothing delayed en route to stores

JC Penney shares tumble on loss

Retailer’s results show some evidence it can win back customers

US workers need more than $10 an hour

Short-notice rotas and low pay are key to protests across America, writes Linda Tirado

Cider makers face costs rise after ruling

European Commission orders end to duty exemption for small groups

LOS ANGELES, CA - FEBRUARY 20: Cory Jefferson #21 of the Brooklyn Nets goes for the basket against the Los Angeles Lakers during the game on February 20, 2015 at STAPLES Center in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2015 NBAE (Photo by D. Andrew Bernstein/NBAE via Getty Images)
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Nets suitors seek clarity before jumping

Auction of Brooklyn basketball team could raise $2bn


Finnish treasure map to lure tourists

Design plan to revive remote Lapland hamlets

BAT draws up battle lines over packaging

Tobacco group pledges legal action if UK changes approved

AB InBev plans buy-back and dividend rise

Brewer falls short of fourth-quarter target but increases payout

Morrison’s new bruise brother

Combo aims to hit the right notes for troubled supermarket

Home Depot/Lowe’s: Humble pie

DIY retailers have outpaced the US housing market

AO World: what you don’t know

After a big drop, online appliance retailer’s shares are still expensive

Strongest growth at UK law firms for 6 years

Improving UK economy and international expansion boost lawyers

Lego constructs record sales and earnings

Toymaker cements position as most profitable in sector

David Potts: five things to know

Wm Morrison’s new chief has more than 40 years’ retail experience

AO World shares tumble on profit warning

Retailer says Black Friday sales failed to attract new spending

Macau casinos take lunar new year hit

Shares fall more than 5% on signs traditional peak period fell short

SuperGroup finance chief made bankrupt

Fashion retailer suspends Shaun Wills with immediate effect

Wm Morrison names new chief executive

Former Tesco director Potts to lead retailer’s turnround efforts

Brazil unions sue McDonald’s franchisee

Case alleges Arcos Dorados violated labour laws


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