Tesco in dispute with Unilever over price rises

Popular products like Marmite and Pot Noodles are vanishing from Tesco shelves due to a dispute between the supermarket and supplier Unilever. Unilever is the UK’s biggest food and grocery producer. It began when Unilever attempted to pass the higher cost it suffered owing to the fall in pound price on higher wholesale prices. Plus…

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Wells Fargo boss John Stumpf steps down

Wells Fargo’s chief executive, John Stumpf, is resigning amid scandal over its sales practice. The bank is investigating how 2 million accounts were opened without customers’ permission. Mr Stumpf, was paid $19.3m last year and would not be paid a salary during the inquiry. He will be succeeded by the bank’s current president and chief…

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