Britain's largest supermarket, Tesco, has increased the price of more than 1,000 products in the past two weeks. The firm raised prices on products including cheese, chocolate and bananas by an average of 11%, according to the Press Association. Tesco says it held off raising prices for as long as it could, and insis...

Troubled travel company Thomas Cook is in £750m rescue talks with banks and its largest shareholder, Fosun. The measures, which have not been finalized, would see the Chinese investor buy the firm's tour business. Thomas Cook's chief executive, Peter Fankhauser, said the proposal was "not the outcome any of us wanted" but insisted it was "pragm...

Consumer goods giant Unilever is considering a $1 billion (Dh3.67 billion) offer for US skincare brand Drunk Elephant, the Sunday Telegraph reported, without saying where it got the information. Drunk Elephant, founded in 2012 by Texan mother-of-four Tiffany Masterson and which makes skincare products with natural, non-toxic ingredients, hired i...