20 March – 24 March
The global super-rich became even wealthier over the past 12 months, with figures from the latest Forbes billionaires list revealing that the total net wealth of the 2,043-strong members of the elite club rose to $7.7tn in 2017.
As Theresa May prepares to trigger Article 50 next week, Whitehall officials are putting the finishing touches on a wide-ranging legislative agenda that needs to be on the statute book by the time Britain leaves the EU in 2019. The prime minister will embark on a tour of the UK in an attempt to unite the country before she starts formal Brexit negotiations at the end of the month.
Marks & Spencer has become the latest company to freeze all its advertising on Google and YouTube, following revelations that their advertisements were being displayed alongside videos that advocate extremism.
Netmarble Games, the world’s third-largest maker of mobile games, is seeking to raise up to Won2.7tn ($2.4bn) in an initial public offering as it looks to fund aggressive global expansion in the highly competitive market.
The Central Bank of Nigeria has kept its key interest rate unchanged at 14 per cent, in line with market expectations as the country grapples with economic recession, soaring inflation and a managed exchange rate wondering if investing in western markets may become more like investing in emerging markets.
Big Chinese cities have launched a new round of lending curbs and purchase restrictions in an effort to cool overheated property markets, as official media warn that some have veered towards a bubble.
Bentley Motors, the luxury carmaker, has lost a legal battle to prevent a small Manchester clothing company using the famous name on its products.
The property arm of Fosun International, the Chinese conglomerate, has opened offices in more than a dozen cities around the world as it looks to partner with Chinese groups wanting to invest in global real estate.
The world’s hunger for new coal power plants has abruptly and unexpectedly slumped, improving the chance of averting the most dangerous levels of global warming, a group of environmental organisations says.
Taiwan’s unemployment rate fell slightly in February – although it came up short of economist estimates. The seasonally adjusted jobless rate fell to 3.83 percent last month from January’s rate of 3.84 per cent. This was a touch higher than a median economist estimate compiled by Bloomberg of 3.82 per cent.
If Google hoped its proposals to shake-up YouTube’s advertising policies would immediately appease brands angry at the placement of their ads next to extremist content, it is facing disappointment.
Teza Technologies, a pioneer of electronic markets, has sold its high-speed trading business to Quantlab Financial after conditions soured in the once-lucrative sector.
For one of the bleakest possible assessments about the future of an economic area currently known as the United Kingdom, consider the price of a five-decade contract available in financial markets, a so-called interest rate swap.
The New Zealand dollar has lost steam in morning trading on Thursday as investors come to terms with the prospect of the country’s central bank refraining from interest rate rises this year.
Investors hit the brakes on Ford shares after the automaker warned that its earnings in the current quarter would fall shy of analysts estimates amid rising costs.
The pound has popped higher (+0.34 per cent on the day at $1.2525) after new data from the Office for National Statistics suggested the UK consumer can’t be beaten quite as easily as some have feared.
Shamu is headed to China. Private-equity group Blackstone has agreed to sell its 21 per cent stake in SeaWorld to a wholly owned subsidiary of China’s Zhonghong Zhuoye Group Co Ltd, in a deal set to bring the US marine theme park to China for the first time.
Royal Dutch Shell has agreed to sell its onshore production assets in Gabon to a company backed by Carlyle Group for up to $1bn in the latest sign of private equity investors buying mature oil and gasfields from large energy groups.
For Sri Mulyani Indrawati, Indonesia’s finance minister, systemic tax dodging in a country of 250m people living scattered across 922 inhabited islands is a constant challenge. But it is one that she says Jakarta cannot afford to fail in.
Portugal has reported its lowest budget deficit in more than 40 years, a landmark that Lisbon hopes will see the EU lift the threat of financial sanctions against the former bailout country for breaking the bloc’s fiscal rules.