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Take a look around your local BHS and it's not hard to see why it's in trouble
The 88-year-old British department store BHS fell into administration last week, putting 11,000 jobs at risk.Retail billionaire Sir Philip Green bought the department store in 2000 for £200 million but...
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ALBERT EDWARDS: The global economy is like the Titanic and it is about to...
There are cynics, there are naysayers, and then there's Albert Edwards of Societe Generale, who is in a League of Doom all of his own.Edwards is probably the most notoriously bearish analyst in the...
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How tech startups create economic inequality
People in the tech community like to think that their work does only good. But two venture capitalists just told Business Insider their worst-kept secret: That tech startups often exacerbate economic...
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Sadiq Khan nailed exactly why he won the election with a landslide vote while...
Sadiq Khan of the Labour party became the new Mayor of London on Friday after securing a comfortable victory over his closest rival — the Conservative party's Zac Goldsmith — with 1,310,143 votes.But...
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Azimo cofounder: 'We see fintech and social messaging apps integrating closer...
Online-only international money transfer startup Azimo has raised $15 million (£10.3 million) to break into Asia and is relaunching its app with new branding.Japanese e-commerce giant Rakuten led the...
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China is in the middle of a pork-based crisis
China is in the middle of a pork crisis, with prices hitting record highs thanks to waning supply within China and a boom in consumption of the country's favourite meat.The spot price of a kilogram of...
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The oil price rally could be 'sowing seeds of its own destruction'
Oil's had a relatively good year.The commodity's seen a nice rally in light of a weaker US dollar, stronger economic data from China, decreasing non-OPEC production, and a continued rise in demand.In...
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This Saudi millennial just cemented his position as one of the most powerful...
Saudi Arabia is desperately trying to diversify its economy away from oil, and the person pulling the strings is 30-year-old Deputy Crown Prince Mohammed bin Salman.King Salman is technically the...
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BRITAIN: Now is the time to be afraid
On Tuesday morning, Markit released its latest set of data on the state of the UK’s manufacturing sector, and to say things didn't look good would be an understatement. The sector slipped into...
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Saudi Arabia to maintain stable petroleum policies: energy minister
ABU DHABI (Reuters) - Saudi Arabia's new energy minister said on Sunday the world's largest crude exporter is committed to meeting demand for hydrocarbons from its customers and would maintain its...
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Here are the 8 food items you should only get from Costco
When you biy in bulk, it can be hard to determine if you're actually getting a better deal. here are the 8 items you should definitely buy at Costco.Produced by Emmanuel OcbazghiFollow BI Video: On...
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Japan's Takata warns of annual net loss as recall costs mount
TOKYO (Reuters) - Japan's Takata Corp <7312.T> warned it would post an annual net loss of 13 billion yen ($120 million) for the past financial year, revising its previous estimate for a 5 billion...
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Gold has finally hit a wall
Gold prices fell almost 1% on Monday against a strengthening dollar as investors reacted positively to US jobs data released Friday showing annual wage growth.Average hourly earnings rose by 0.3%, a...
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London could get a slice of Saudi Arabia's record-breaking $2.5 trillion...
Saudi Arabia is planning a three-way listing that includes London for its state-owned oil company Saudi Aramco, according to the Telegraph.The paper's well-connected international business editor...
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A Brexit will be the domino effect for more referendums
Britain leaving the European Union — a Brexit — could lead to a number of other major European countries to pip for exiting the 28-nation bloc.That's according analysis by polling agency Ipsos Mori,...
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G4S shares are skyrocketing
Shares in FTSE 250 security company G4S rose more than 6.5% on Monday as it announced a great start to the year in a quarterly report.Revenues rose 4.5% to £1.5 billion ($2.16 billion) in the three...
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A mysterious official from China's ruling party is worried about the...
Even China's ruling party is starting to get worried about the build-up of debt in the Chinese economy, according to a recent interview in the People's Daily, China's more important newspaper.According...
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Panama Papers law firm apologizes to Chinese bank over leak
By Clare Baldwin and Paul CarstenHONG KONG/BEIJING (Reuters) - The law firm at the center of the "Panama Papers" offshore tax haven controversy has written an apology to a Chinese banking client as it...
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Fed's Evans sees U.S. growth picking up to 2.5 percent, favors 'wait and see'...
LONDON (Reuters) - The U.S. economy's fundamentals are solid and growth this year should pick up to around 2.5 percent, but the Federal Reserve's current 'wait and see' approach to monetary policy is...
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HSBC: Saudi Arabia's massive government reshuffle isn't going to change anything
The huge reshuffle at the top of Saudi Arabian politics isn't going to have any marked impact on the way that things are done in the country, according to a note sent by HSBC to clients on Monday.Over...
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