Business News Quiz – 21.01.16

Which major UK company announced that it is to cut 4,000 jobs this week, many of them in Scotland?
a. Shell b. Rolls Royce c. Marks and Spencer d. BP

Falling global demand for which product saw shipments fall by a record 10.6% in the fourth quarter from a year ago, according to market research firm IDC. About 71.9 million units were shipped in the period, which includes the key Christmas shopping season. IDC said the decline was the worst since it started tracking shipments. Demand has been hit by competition from rival products, along with longer lifecycles.
a. DVDs    b. Personal computers    c. USB Pens    d. Leeds Utd Season tickets

A key investor in which oil firm has said the oil company’s proposed takeover of BG Group does not work at current oil prices? The price being offered to BG shareholders is now considered too high as prices have fallen.
a. Shell   b. Exxon   c. Tullow Oil   d. BP

Rupert Murdoch and actress-model Jerry Hall are to get married. Which company is Mr Murdoch the chairman of?
a. McDonalds    b. Nike    c. Ryanair    d. News International

Who has reported better than expected sales over the Christmas shopping period compared with a year earlier. The supermarket chain said like-for-like sales rose 0.2%. Analysts had expected a fall in sales!
a. Tesco   b. Sainsburys    c. ASDA   d. Morrisons

Whose share price rose 15% after they reported higher than expected sales boosted by strong Christmas trading and growth in online shopping?
a. Debenhams    b. Next    c. Marks and Spencer    d. Primark

Who has been accused of abusing its market power by imposing unfair and restrictive contracts on people operating its franchise restaurants in Europe?
a. McDonalds    b. Subway     c. Burger King    d. KFC

Marc Bolland is to step down as chief executive of which company in April? The news came as the company announced its Christmas results. Mr Bolland will be succeeded by Steve Rowe.
a. Debenhams    b. Next    c. Marks and Spencer    d. John Lewis

Would you rent out your home as an office workspace? This company does… What are they called?
a. Air Biz n B    b. Spacehop    c. Virtual Roomz    d. Rent a Room

On Friday, who announced it will close 269 stores globally as it struggles to compete with online retailers like Amazon.
a. Walmart    b. Carrefour    c. Tesco    d. 7/11


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