The oil price crash is wreaking havoc with the world's biggest sovereign...
Norway's sovereign wealth fund, the biggest on earth, is expected to see net outflows for the first time since before the turn of millennium as the country's oil reliant economy starts to feel the...
View ArticleNestle Asia works to restore India revenue after noodle ban: paper
ZURICH (Reuters) - The head of Nestle's Asian business is hoping to restore revenue in India within three years to levels preceding the recall of its Maggi instant noodles from the market last year...
View Article8 people who became millionaires before they were 25 describe what it's like...
Not everyone can be Mark Zuckerberg and become a billionaire by age 23. But plenty of people have been fortunate enough to become self-made millionaires by age 25.A Quora thread titled "What does it...
View ArticleUphold says don't worry about $116 million it's holding in speculative,...
The CEO of fintech startup Uphold told Business Insider it is doing everything "by the book" after a Reddit post drew attention to the fact that it is holding over $100 million (£69.7 million) of a...
View ArticleUS consumers can't save the world economy
With economies from Brazil to China to South Africa struggling, the US consumer has been touted as the main driver of global growth.Unfortunately, American shoppers just can't cut it anymore."The US...
View ArticleThese are the 9 cities in the world where commuting is the most expensive
Unless they're lucky enough to work from home, most people have to do some sort of commute twice a day to get to and from work.It's not fun, and at times can be incredibly tedious, but commuting is a...
View ArticleA London fintech unicorn once worth £1.8 billion has gone bust
Powa Technologies, the London technology company once valued at £1.8 billion ($2.7 billion), has collapsed into administration, putting over 300 jobs at risk.Deloitte confirmed over email that it has...
View ArticleTakata air bag recall could cost VW up to $445 million: Welt am Sonntag
FRANKFURT (Reuters) - Volkswagen AG may have to set aside up to 400 million euros ($445 million) in provisions to cover a recall of vehicles in the United States equipped with Takata <7312.T> air...
View ArticleBanks are hiring former CIA agents to spy on their employees
Some of the world's biggest banks are hiring former spies to try to prevent the rise of any more so-called rogue traders and generally ensure that banks are put on the hook for fewer fines.According to...
View ArticleHundreds of millions of pounds are running through Airbnb's UK business
The UK is a big market for Airbnb, with over 81,000 properties listed on the platform here and 2.2 million tourists using the service to stay in Britain in 2015 alone.Now we've got a little insight...
View ArticleThere are 2 tribes on Wall Street, and they could be about to go to war
Stock trading specialists on Wall Street are being asked to give their colleagues in the fixed-income markets a hand.The bond-trading veterans aren't so sure they want the help.Consider what happened...
View ArticleOil is so cheap even pirates don't want it anymore (USO, WTI, OIL, VDE, BNO)
Crude oil is no longer a major economic boon for many of the world's producers. And now, even pirates don't want it.A Bloomberg report Monday noted that attacks on vessels shipping oil in the Gulf of...
View ArticleThere's another new Tesla on the way, but nobody's talking about it yet (tsla)
Tesla launched its Model X SUV last year and will reveal its forthcoming Model 3 mass-market vehicle next month.You can pre-order a Model X right now, but the Model 3 isn't expected to arrive until...
View ArticleResearchers say this disagreeable personality trait displayed by Bill Gates...
Around age 11, Bill Gates started to become a problem for his parents.As his intellectual capacity grew, so did his argumentativeness. He refused to do the things his mom asked of him, like cleaning...
View ArticleMcDonald's all-day breakfast is causing a crisis in the fast-food world (MCD,...
McDonald's all-day breakfast is already crushing its competitors. Sales at McDonald's US locations open for at least one year rose for the first time in two years in the fourth quarter thanks to the...
View ArticleOne chart that should strike fear into investors everywhere
The Federal Reserve Bank of New York has a new post on its Liberty Street Economics blog that focuses on the potential for fire sales in times of stress.The conclusion should be enough to put investors...
View ArticleThe absolute beginner's guide to understanding venture capital and where...
Original story here.Join the conversation about this story »NOW WATCH: Columbia law professor argues that 'privacy has been privatized'
View ArticleThe 20 richest boarding schools in America
Elite boarding schools are not only highly selective, they're also well funded — some boast endowments even larger than those of prominent colleges. Business Insider recently published a list of the...
View ArticleGoldman cuts top end of legal loss estimate by 62 percent
(Reuters) - Goldman Sachs Group Inc cut the upper end of its estimate of legal losses it may face beyond what it has set aside by more than half to $2 billion.The bank had estimated in November legal...
View ArticleAllergan reports higher fourth quarter revenue
(Reuters) - Allergan Plc , which is in the process of being bought by Pfizer Inc , reported a 73.8 percent rise in quarterly revenue, helped by strong performance in its branded drugs business which...
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