Kiev / AFP Ukraine’s parliament was weighing on Tuesday whether to approve the resignation of embattled Prime Minister Arseniy Yatsenyuk as furious backroom talks raged about the makeup of a new pro-EU government. The volatile political situation in the former Soviet republic took a new twist when the man tipped to replace Yatsenyuk—condemned by President Petro Poroshenko for losing the …

LONDON / Reuters British online fashion retailer ASOS met forecasts with an 18 percent rise in first-half profit and said it was on track to achieve its sales and margin guidance for the full year. Established in 2000 for fashion-conscious twenty somethings, ASOS was an early ecommerce success story, but is seeing growing competition from the likes of Germany’s Zalando …

Reuters French retailer Groupe Fnac on Tuesday urged shareholders of takeover target Darty to take no action after South African retail conglomerate Steinhoff launched a rival $975 bid through its Conforama unit. “Fnac is currently considering its options and urges Darty shareholders to take no further action at this time,” Fnac said in a statement issued by Darty, noting the …