Tesco Plc, Britan’s biggest grocer, has completed its 4 billion pound ($5.7 billion) purchase of cash-and-carry chain Booker Group Plc. But investors hoping for more super-savings from the retail deal have to wait a little bit longer. That’s not to sniff at the 28 percent increase in Tesco’s full-year operating profit before exceptional items, nor the almost 30 percent reduction ...

Mark Zuckerberg did just fine in his first turn in the Congressional hot seat. He was confident. He capably tackled many of the queries proposed last week by Bloomberg columnists. The 33-year-old billionaire appeared humble throughout much of the hearing, with only a few smug smiles. The best news for Facebook Inc. the company was that Zuckerberg ably deflected any ...

NEW YORK / Reuters Quirks in the new US tax code are sowing doubts over how much big banks can boost dividends and stock buybacks this year, threatening to take the shine off what are likely to be strong quarterly profits. Changes in how companies can measure and apply past losses to tax bills, coupled with more extreme scenarios in ...