And in the real world....Tesco, Thomas Cook, Magners, Blackthorn, Gaymers, Olde English, Lloyds, BBC, EBay, LVMH

Today's round-up of the biggest business stories

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

Tesco upped the ante in the battle for Christmas shoppers yesterday by sending out an unscheduled Clubcard statement aimed at locking in shoppers during the festive period.
Source: The Times

Thomas Cook will refinance its €1.8bn ($2.7bn, £1.65bn) loan facilities by next summer but has no plans to use a rights issue, Manny Fontenla-Novoa, its chief executive, assured.
Source: The Financial Times

Magners firm C&C added Blackthorn, Olde English and Gaymers to its stable of leading drinks brands in a £45million deal today.
Source: The Daily Mail

Workers at Lloyds Banking Group have been dealt another blow after the lender revealed plans to cut another 535 jobs.
Source: The Daily Telegraph

The BBC has today ordered a TV production company to pay compensation over three daytime series, including one fronted by Angela Rippon, that "routinely misled" viewers.
Source: The Guardian

EBay, the online auctioneer, is likely to face a barrage of lawsuits after it was ordered yesterday to pay €40 million (£31.5 million) in damages to LVMH, the French luxury goods group, for selling fake handbags, perfumes and haute couture.
Source: The Times