Less than 30 years ago, North Koreans were more than twice as wealthy as their comrades in China. Now, they're significantly poorer. Here's how it happened.
US President Donald Trump and Canadian Prime Minister Justin Trudeau were all jokes and smiles for the media as they met at the Group of Seven leaders summit in Quebec on Friday, but neither budged on the serious trade dispute between them.
IBM announced a new technology called a crypto anchor verifier; which will allow consumers and businesses to track single object across supply chains. Forbes writer Michael del Castillo explains how this tech could disrupt different industries.
Berkshire Hathaway CEO Warren Buffett speaks to CNBC's Becky Quick about what he thinks about the state of the markets today.
Behind the Design is a series of sleek and concise videos about the design of everyday objects we take for granted. This episode uncovers the anti-capitalist roots of the Monopoly board.
2018 is expected to be the year for high street collapses, and it’s already looking like a grim year for retail survival, never mind growth. In the UK 2017 saw even more shops go bankrupt, and the last decade has only been exemplary of a slow decay for British shopping, from Woolworths, BHS and JJB Sports, to Blockbuster, Virgin Megastores and Phones 4U.
Above is Finance Monthlys list of five top UK retailers that are the most likely to be closing down in 2018.
In 2017 a grand 50 US retailers filed for bankruptcy, including Toys R Us, True Religion and RadioShack, and 2018 is set to be just that much harsher for US malls and high streets, with over 3600 stores set for closure.
Above, Finance Monthly takes a look at 5 of the most anticipated ‘closing downs’ on America’s high streets this year.
Kristo Kaarmann, TransferWise Ltd. chief executive officer, discusses the company's new multicurrency online account and the growing demand for its services. He speaks with Bloomberg's Selina Wang on "Bloomberg Technology."
In a ProPublica feature that collected the stories of over 1,400 former IBM employees, it was estimated that a staggering 20,000 American employees ages 40 and over have been eliminated by the company. How does one of the country’s largest tech giants quietly push out this many older workers? Don’t we have laws to protect people at the end of their careers?
Business Insider spoke with Dharshini David, economist, broadcaster, and author of "The Almighty Dollar." David talked about why the Euro hasn't challenged the Dollar as an international currency, despite being used by more people than the American currency. She also talked about how the Yuan could become the world's dominant currency.
Billions lost, reputations ruined and company's that never recover. Business can be unforgiving. Saying yes to the wrong idea can lose you and your company millions or even result in bankruptcy and the demise of a business. So you have to make sure that the decisions you make are correct. But sometimes businesses get it very, very wrong, with disastrous consequences. So what are the worst decisions ever made in business history?
Welcome to Finance Monthly's video countdown of the Top 10 Worst Business Decisions in History. We examine the 10 most catastrophic choices made by companies ever and the effect each of these. Every one of the mergers, or new business ideas in the video above resulted in severe consequences for the parties involved, whether it be huge financial losses or reputational damage. In some cases, it was the reluctance to see a glittering opportunity in front of their own own eyes that led to the eventual demise of some of the industry's heaviest hitters. From Apple and Coca-Cola to Star Wars, we explore the business decisions that have cost companies and businessmen millions.
So sit back and enjoy our video highlighting the 10 worst business decisions ever made.
Have we missed any disastrous decisions that cost companies millions? Let us know in the comments below.
China's Belt and Road Initiative is the most ambitious infrastructure project in modern history. It spans over 60 countries and will cost over a trillion dollars. The plan is to make it easier for the world to trade with China, by funding roads, railways, pipelines, and other infrastructure projects in Asia and Africa. China is loaning trillions of dollars to any country that's willing to participate and it's been a big hit with the less democratic countries in the region. This makes the BRI a risky plan as well. But China is pushing forward because its goals are not strictly economic, they're also geopolitical.
