And in the real world... BA, Tesco, Cable & Wireless, ESPN and more

LONDON - Today's round-up of the biggest business stories.

World news... round-up
World news... round-up

British Airways staff have expressed anger over the airline’s request that they volunteer to work without pay for one month. Source: Financial Times

Tesco says it is catching up on rivals Morrisons, Sainsbury’s and Asda in terms of growth, revealing a 4.3 per cent rise in first quarter UK like-for-like sales. Source: Financial Times

The Cable & Wireless chief executive John Pluthero is to be awarded £3.1 million in shares as part of a long-term remuneration scheme. Source: Financial Times

ESPN, the Walt Disney-owned US sports cable channel, plans to bid for the Premier League rights held by Setanta should the troubled broadcaster be forced to relinquish them. Source: Financial Times

Microsoft has sued three Canadian residents who it claims were fraudulently clicking on ads on its search engine, costing it at least £456,000 in profits. Source: Independent