Home Business NewsBusiness HEADLINE SCANNER 9/8/13: Tesco's China merger | Bebo spoof video | Energy firms' £3.3bn profit condemned

HEADLINE SCANNER 9/8/13: Tesco's China merger | Bebo spoof video | Energy firms' £3.3bn profit condemned

by LLB Editor
9th Aug 13 11:20 am

Every day, HEADLINE SCANNER brings you a snapshot of news from elsewhere on the web…

Tesco in talks to merge its China stores

Tesco is planning to merge its Chinese operations with China’s largest retailer CR Vanguard. The move will create more than 3,000 stores and combined sales of around £10bn, Tesco said.

More from the Standard

Big six energy firms under fire for making £3.3bn profits as families struggle to pay bills

Shadow energy and climate change secretary Caroline Flint hit out at David Cameron for being “totally out of touch with millions of people and small businesses who are struggling with soaring energy bills”.

More from the Daily Mail

Money transfer websites withdraw support for Bitcoin

Money transfer websites CurrencyFair and TransferWise have called for clear Bitcoin regulations. “We have to ensure we’re not assisting in money laundering and terrorist financing,” said Brett Meyers, managing director of CurrencyFair.

More from City A.M

Michael Birch launches spoof video to announce Bebo relaunch

Michael Birch, who recently bought back Bebo for $1m, says the new version will be “very different from the old one”. In the video, he promises to “come clean” after some users exploited the site’s ‘Whiteboard’ drawing feature by sketching male genitalia.

More from Digital Spy

Government can lose £1bn if shops converted into homes

The Government can lose up to £1bn in business rates payments over the next decade if just a quarter of the empty shops in Britain are converted into houses and flats.

More from the Telegraph

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