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Tesco CEO says Robin Terrell will lead UK business

Monday, September 22, 2014 2:58am

LONDON (Reuters) - Tesco's new chief executive Dave Lewis said Robin Terrell had stepped in to lead the grocer's UK leadership team in the wake of the firm's accounting issue, which has resulted in four employees stepping aside. Terrell was previously Tesco's group multi-channel director. In a conference call with reporters Lewis declined to comment on whether UK managing director Chris Bush was one of the employees asked to step aside while investigations continue. The BBC and Sky News had reported that Bush was one of the four. (Reporting by James Davey; editing by Kate Holton)

Tesco cuts profit outlook again and suspends staff after accounting error

Monday, September 22, 2014 2:57am

A sign spells out the store name on a Tesco store in Bow, east LondonBy James Davey LONDON (Reuters) - Tesco cut its profit forecast for the third time this year on Monday and suspended four members of staff after finding a fault in its accounts, another blow to the reputation of Britain's biggest grocer. The company's shares fell 12 percent after Tesco said it had called in new accountants to investigate an error that forced it to cut its first-half profit outlook by 250 million pounds ($408.50 million). A profit warning on Aug. 29 had overstated expected first half profit by 23 percent, it said. ...


Kurds say they have halted Islamic State advance on Syrian town

Monday, September 22, 2014 2:55am

Kurdish Peshmerga fighters take part in field training to fight Islamic State militants at Mount Batnaya near ZummarBEIRUT (Reuters) - Syrian Kurdish fighters have halted an advance by Islamic State fighters to the east of a predominantly Kurdish town near the border with Turkey, a spokesman for the main armed Kurdish group said. "Fierce clashes are still under way but the ISIS (Islamic State) advance to the east of Kobani has been halted since last night," Redur Xelil, spokesman for the main Kurdish armed group, the YPG, said via Skype. He said the eastern front was the scene of the fiercest fighting in the offensive launched by Islamic State last Tuesday on Kobani, also known in Arabic as Ayn al-Arab. ...


South Africa: Park staff arrested for poaching

Monday, September 22, 2014 2:36am

JOHANNESBURG (AP) — A ranger and two other employees of South Africa's parks service were arrested on suspicion of rhino poaching in the country's flagship wildlife reserve, the agency said Monday.

130,000 Syrians flood into Turkey fleeing jihadists

Monday, September 22, 2014 2:26am

A Syrian Kurdish girl crosses the border between Turkey and Syria near Suruc in Turkey's Sanliurfa province, on September 21, 2014MURSITPINAR (Turkey) (AFP) - Turkey said Monday that some 130,000 people had flooded across its border from Syria fleeing an advance by Islamic State group jihadists on a strategic Kurdish border town.


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