And in the real world... Vodafone, Waitrose, HSBC and more...

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

In The Real World...latest business news
In The Real World...latest business news

Vodafone has announced plans to cut a further £1 billion in costs after reporting a sharper-than-expected reduction in its profit margins. The mobile phone operator attributed much of the fall to growing competition in the Indian market.
Source: Financial Times

Waitrose has been named as the fastest growing supermarket chain, thanks to a 12.3 per cent increase in sales over the past year. Tesco has also managed to raise its share in the grocery market for the first time in nearly two years.
Source: Guardian

HSBC has raised hopes that the worst of the economic crisis is over after reporting that its profits for the first nine months of this year were better than expected.
Source: Daily Telegraph

Tesco has signed a deal with DreamWorks, Stephen Spielberg's film studio, to sell the Christmas film Merry Madagascar, the follow-up to Madagascar and Madagascar: Escape 2 Africa.
Source: Daily Mail