What’s knocked markets off course?
Craig TaylorFinancial markets had seen smooth sailing in recent years. But it looks like that’s over. BBC News – Business
Business
Debenhams Turn down £40m Loan from Mike Ashley
Sports Direct’s owner Mike Ashley has reacted rather curtly to Debenhams decision to turn down his offer of investment as can be seen from the letter below. EXCLUSIVE: here’s the letter Mike Ashley sent Debenhams boss pic.twitter.com/a0B7kxFqhY — Ashley Armstrong (@AArmstrong_says) December 13, 2018 Obviously, things are not going well for any high street…
Is the US heading for a recession?
Investors are worried a recession might be about to hit the US, so do they have reason to be concerned? BBC News – Business
Sterling Falls further due to Brexit Uncertainty
Markets don’t like uncertainty and not surprisingly Teresa May’s decision to postpone the Brexit vote has caused a further slide in the value of the Pound against both the Dollar and the Euro. The decision to postpone came in the face of an unavoidable defeat in the commons and this has caused sterling to dip…
Facebook: Sheryl Sandberg Under Pressure
Facebook chief operating officer Sheryl Sandberg seems to be the scapegoat for the mounting problems at Facebook, relating to its ethics. Once held out as the golden girl of US business, she is now facing mounting criticism over data scandals and particularly for the hiring of Washington lobbying firm Definers a hard-nosed “dirt digging” research firm to…
Ted Baker boss takes leave of absence
The fashion chain’s founder Ray Kelvin is facing allegations of harassment. BBC News – Business