Centrica issues second profits warning in six months

British energy supplier Centrica on Thursday issued its second profits warning within the last six months, admitting its profits could be 10 per cent lower than market expectations this year.

Centrica also revealed that nearly 180,000 households in the UK had quit its domestic arm British Gas, while mild winter enabled its remaining customers to cut down on the heating bills.

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Supergroup posts 3.1% fall in like-for-like store sales; shares slip

Stock in SuperGroup suffered a steep decline on Thursday after the owner of the Superdry fashion brand reported fall in quarterly sales and warned that its annual profits would be towards the lower end of market expectations.

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Apple may acquire Beats for $3.2 billion

Cupertino, Calif.-based tech giant Apple Inc. is reportedly pursuing talks to acquire headphone maker & music-streaming service provider Beats Electronics for around $3.2 billion (£1.9 billion).

Emerging reports say that the acquisition, which could be announced as soon as next week, will be the Cupertino firm's biggest ever acquisition deal, if completed.

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Sikh Council UK concerned over use of halal meat in schools

The Sikh Council UK has expressed its concern over councils' move to ban pork sausages and bacon and replace them with ritually-slaughtered halal meat.

Hundreds of schools across the UK have silently switched to halal meat for students' meals even where Muslim students are in the minority.

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Channel 4 suffers second annual loss in a row; commissions Drifters series 2

Broadcaster Channel 4 on Thursday reported its second consecutive annual loss, saying the year of 2013 was always likely to pose challenges.

The ad-funded but not-for-profit broadcaster revealed an annual deficit of £15 million, while revenues remained almost flat at £846 million last year.

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