Sales down one percent at Tesco, outperforms main supermarket rivals

LONDON (Reuters) – Sales at Tesco fell 1 percent year on year in the 12 weeks to May 22, according to industry data published on Wednesday, showing signs of stabilisation for Britain’s biggest supermarket chain in a tough market for the “Big Four” players.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-grocers-kantar-idUKKCN0YN3KP?feedType=RSS&feedName=topNews

Weak demand leaves Asia’s factories in doldrums

BEIJING/TOKYO (Reuters) – Factory activity in Asia failed to speed up in May as the region’s export-driven businesses struggled for new orders in a slow global economy, surveys released on Wednesday showed.

from Reuters: Top News http://uk.reuters.com/article/uk-global-economy-idUKKCN0YN3FB?feedType=RSS&feedName=topNews

Japan PM’s move to delay sales tax rise will fan debt concerns

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will announce on Wednesday that the government has decided to delay a scheduled sales tax hike by two-and-a-half years, putting his plans for fiscal reforms on the back burner amid more weakness in the economy.

from Reuters: Top News http://uk.reuters.com/article/uk-japan-economy-tax-idUKKCN0YN2W9?feedType=RSS&feedName=topNews

EU hate speech deal shows mounting pressures over internet content blocking

SAN FRANCISCO (Reuters) – An agreement on Tuesday by four major U.S. internet companies to block illegal hate speech from their services in Europe within 24 hours shows the tight corner the companies find themselves in as they face mounting pressure to monitor and control content.

from Reuters: Top News http://uk.reuters.com/article/uk-socialmedia-hatespeech-eu-idUKKCN0YN33G?feedType=RSS&feedName=topNews

Airbus says EgyptAir strengthens case for ejectable ‘black boxes’

HAMBURG (Reuters) – The crash of a missing EgyptAir [EGY.UL] jet has strengthened the case for “black boxes” that can pop out of an aircraft before an accident, removing the need for challenging searches on the seabed, Airbus’ most senior engineer said on Tuesday.

from Reuters: Top News http://uk.reuters.com/article/uk-egyptair-airplane-airbus-idUKKCN0YM2UR?feedType=RSS&feedName=topNews

Brexit camp eye Australian-style immigration system if UK leaves EU

LONDON (Reuters) – Britain would introduce an Australian-style points-based immigration system if it voted to leave the European Union, the Out campaign said on Wednesday, ratcheting up the pressure on a key issue ahead of the June 23 referendum.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-eu-migration-idUKKCN0YM2RO?feedType=RSS&feedName=topNews