Business news blog


Global stock markets fall amid oil rout - BBC News


BBC News

Global stock markets fall amid oil rout
BBC News
She says that concerns over growth in China, the prospect of rising US interest rates and the possibility that low oil prices might force some oil companies out of business are the main concerns for investors. "There's been a short-term change in ...

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Weak Asian sales hit Prada profits

Italian luxury brand Prada reported a steep drop in profits on Tuesday after sales in Asia tumbled.

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Microsoft had a plan to automate your home before Apple and Google ? but ... - Business Insider


Business Insider

Microsoft had a plan to automate your home before Apple and Google ? but ...
Business Insider
Business Insider spoke to several of those involved with the project, which started in 2010, about why HomeOS was never turned into a real-life product. The reason, according to multiple sources, is simple: ex-Microsoft CEO Steve Ballmer. Ballmer was ...

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London's $1 billion fintech startup TransferWise quietly changed CEO in September - Business Insider


Business Insider

London's $1 billion fintech startup TransferWise quietly changed CEO in September
Business Insider
TransferWise, the London fintech startup valued at close to $1 billion (?660 million), quietly changed CEO in September. Co-founder Taavet Hinrikus has taken over from fellow founder Kristo K??rmann as the boss of the international money transfer business.

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Sun shines on UK economy; China a risk - NT News


The Guardian

Sun shines on UK economy; China a risk
NT News
Last week, the CBI upgraded its growth forecast for the UK from 2.4 to 2.6 per cent this year and from 2.5 to 2.8 per cent in 2016 saying the upturn would be powered by the "twin engines" of rising household spending and robust business investment.
UK enjoys summer boomFresh Business Thinking

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