Wealth of world’s billionaires grew 20% last year, study reveals
China’s ultra-wealthy are driving the trend, adding two new billionaires per week last year, and growing at a rate almost double that of the Americas and Europe.
General Motors pushes for National Zero Emissions Program
General Motors is pushing for a National Zero Emissions Program to be adopted across the US.
Sir Philip Green businesses face boycott over harassment claims
Topshop owner Arcadia faces backlash after owner Sir Philip Green is named over harassment claims.
Retail analyst Claire Bailey says Topshop customers ‘may switch loyalty’
Retail analyst Claire Bailey says claims about Topshop owner could hit sales if customers switch loyalties
The rising dollar is a major reason for this stock sell-off, and it’s only getting worse
Executives are talking about challenges to their business they didn’t face just a few months ago. One of the biggest, they said, is the rising U.S. dollar.
China ‘creates two billionaires a week’
China is the leading country for entrepreneurs to create wealth, says a global survey of billionaires.
The corruption scandal marring India’s CBI
India’s government has dramatically fired the men at the top of its investigating agency, the CBI.
‘This is an authoritarian era’ — and investors should be worried, says Richard Haass
Council on Foreign Relations President Richard Haass believes an impending “democracy recession” poses a direct risk to investors and proponents of individual liberties alike.
El-Erian on global market sell-off: ‘I don’t think the party is over’
A recent global stock market sell-off won’t be enough to persuade the U.S. central bank to stop raising interest rates, noted economist Mohamed El-Erian told CNBC on Friday.
Private equity giant KKR says valuations around the world still ‘quite high’ despite sell-off
The company’s EMEA head told CNBC that the firm was particularly cautious over businesses based in Europe and the United States.