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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: Tesco chairman resigns in the face of worse than forecast profits and declining sales

23/10/2014

Tesco chairman resigns in the face of worse than forecast profits and declining sales

BBC World Service - World Business Report, Tesco chairman resigns in the face of worse than forecast profits and declining sales

As Tesco's chairman resigns we ask what has led to the global retail giant's decline.

As Tesco's chairman resigns we ask what has led to the global retail giant's decline. Also, European Union leaders meet in an attempt to reach a deal to combat climate change.

As Tesco's chairman, Sir Richard Broadbent, resigns in the face of worse than forecast profits and falling sales, we ask what has led to the global retail giant's decline. 

Also, European leaders meet in Brussels in an attempt to reach a deal to combat climate change. 

Plus, India has the second largest population of Muslims in the world and is a growing consumer society. Still, religious women who want to wear make-up have struggled to find products that suit their faith. Now though, Iba Halal Care, India's first halal cosmetics brand, has been launched in the city of Ahmedabad, from where BBC Hindi's Swati Bakshi reports. 

We will have all that and the latest from the financial markets.

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