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How Bernard Arnault Built a $211 Billion Luxury Empire and Became the Richest Man in the World
Discover the extraordinary journey of Bernard Arnault, the man behind LVMH, who transformed the world of luxury goods into a billion-dollar empire. With a staggering net worth of $211 billion, his story is filled with surprising twists and remarkable achievements that you won't want to miss!
Investment 101: How to rebalance your portfolio for FY27 - top mistakes to avoid
When building an investment portfolio, investors decide on an asset allocation. Let’s say, a portfolio comprising 70% equity and 30% debt investments. This allocation should be a well-thought out decision that an investor should make after considering his age, financial goals, income, risk tolerance, etc.
Oil, LNG, fertilisers and maybe diamonds: What is at risk from Iran’s wider blockade threat
Iran has warned of wider trade disruptions beyond the Strait of Hormuz. This threat could impact crucial energy and other export flows from the region. The Strait of Hormuz is a vital chokepoint for global oil and gas shipments. Asia, which receives most of these shipments, faces significant exposure. Tensions are escalating as the US conducts strikes against Iranian capabilities.
India-UK FTA: What it means for agriculture, farmers and MSME
The India-UK Comprehensive Economic and Trade Agreement (CETA) came into force today, July 15, 2026, alongside its companion pact, the Double Contribution Convention (DCC), a social security agreement.
Brewdog co-founder James Watt launches attempt to buy back beer brand
Brewdog co-founder James Watt launches attempt to buy back beer brandSee more This is Money on Google - save us as a Preferred SourceBy ANGHARAD CARRICK, BUSINESS NEWS EDITOR Updated: 11:48, 15 July 2026 e-mail 9 View comments
China’s economy grows at one of its lowest rates on record
Worse-than-expected expansion of 4.3% in three months to June comes amid concerns over lopsided economyBusiness live – latest updatesChina has posted worse-than-expected growth figures for the three months to June, with the economy expanding just 4.3% – one of its lowest quarterly readings on record.The rate, which came in under the government’s target of 4.5-5%, was one of the weakest since reporting on official quarterly GDP figures began in the early 1990s. Continue reading...
Vulnerable woman gang-raped by trio of small boat migrants on Brighton beach describes 'unbearable' impact on her life
Vulnerable woman gang-raped by trio of small boat migrants on Brighton beach describes 'unbearable' impact on her lifeSee more Daily Mail on Google - save us as a Preferred SourceBy RYAN HOOPER, CRIME CORRESPONDENT Published: 11:37, 15 July 2026 | Updated: 11:41, 15 July 2026 e-mail View comments
Britain up for sale: US vultures in a takeover frenzy with smash-and-grab raid on UK plc an easy way for private investors to make money
Britain up for sale: US vultures in a takeover frenzy with smash-and-grab raid on UK plc an easy way for private investors to make moneySee more This is Money on Google - save us as a Preferred SourceBy ANNE ASHWORTH Updated: 11:34, 15 July 2026 e-mail 21 View comments
Thousands of Britons left up to £4,000 out of pocket after travel company crashes into administration
Thousands of students and graduates have been left facing financial losses after voluntourism operator Global Vision International (GVI) abruptly ceased trading following nearly three decades in business. The Exeter-based company entered liquidation at the beginning of July, leaving customers who had paid thousands of pounds for overseas placements unable to travel and awaiting guidance on how to recover their money.GVI specialised in charitable travel programmes, offering placements in conserva...
After Nvidia exit, SoftBank CEO says AI investment bubble fears are 'foolish'
Softbank CEO Masayoshi Son rejects concerns about an artificial intelligence investment bubble. He plans significant investments in AI infrastructure and data centers. The company sold its Nvidia stake to fund these future AI initiatives. Son predicts AI will transform lives and generate substantial profits. He estimates trillions will be needed for global AI expansion.
China breaks records with 1m monthly car exports as UK drivers embrace BYD, Jaecoo and more
China exported more than one million vehicles in the span of just one month for the first time as drivers warm to affordable and technologically advanced vehicles.Monthly car exports from China exceeded one million for the first time in June as overseas shipments jumped by a staggering 27 per cent.Chinese brands have quickly become some of the best-selling manufacturers across Europe and the UK, despite only launching around the world in the last few years.Data from the European Automobile Manuf...
IBM CEO's statement that wiped away $70 bn has added millions for cybersecurity firm
IBM CEO Arvind Krishna noted advanced AI concerns are causing companies to pause technology deals. Businesses are now rethinking cybersecurity spending priorities as AI evolves rapidly. IBM's preliminary second-quarter results missed Wall Street expectations, causing shares to fall. Cybersecurity stocks, however, surged as investors anticipated increased spending on protection. Krishna acknowledged IBM did not adapt quickly enough to market shifts.
Labour should ditch triple-lock pensions promise, says OECD
Organisation’s experts say pledge puts pressure on UK public finances and ‘adds significant fiscal risks’Labour should ditch the triple-lock pensions promise to help tackle the UK’s straitened public finances, the Organisation for Economic Cooperation and Development has urged.In its latest survey of the UK economy, the Paris-based club of industrialised nations added its voice to those calling for an end to the pledge, which uprates the state pension each year by whichever is the highest of wag...
World Cup pain for boozing MPs as pint prices soar by 12% and a glass of wine is up 29% in Commons bar - with managers scrambling to curb eye-watering £5.8m taxpayer subsidy
World Cup pain for boozing MPs as pint prices soar by 12% and a glass of wine is up 29% in Commons bar - with managers scrambling to curb eye-watering £5.8m taxpayer subsidySee more Daily Mail on Google - save us as a Preferred SourceBy GREG HEFFER, POLITICAL CORRESPONDENT Published: 09:55, 15 July 2026 | Updated: 09:56, 15 July 2026 e-mail View comments
Millions face waiting longer for state pensions as age rise to 68 'will be brought forward'
Millions face waiting longer for state pensions as age rise to 68 'will be brought forward'See more Daily Mail on Google - save us as a Preferred SourceBy JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 09:33, 15 July 2026 | Updated: 09:35, 15 July 2026 e-mail View comments
Thames Water says it has enough funding to survive until end of year
Annual results show struggling firm’s net debt has risen to £18.5bn, up from £16.8bn a year earlierBusiness live – latest updatesThames Water has said it has sufficient funding to survive until the end of the year, as it scrambles to recapitalise to avoid nationalisation.The UK’s largest water company, which serves 16 million customers in London and the south of England, said it continued to work with creditors, regulators and the government on a recapitalisation plan. Continue reading...
Oracle rating downgraded by S&P, now stands one notch above junk; reason is Sam Altman
S&P Global Ratings lowered Oracle's credit rating to BBB- from BBB. The agency cited significant risks associated with Oracle's expanding AI infrastructure business. OpenAI's substantial reliance on Oracle's services presents a key credit risk for the company. Oracle faces potential financial strain from massive data center leases if OpenAI defaults. The rating agency warned of further downgrades if leverage exceeds 4.5x.
China exported over one million cars in June setting a new record
China exported over one million cars in June setting a new recordREAD MORE: Chinese cars will soon take over Britain's roads, experts predict See more This is Money on Google - save us as a Preferred SourceBy FREDA LEWIS-STEMPEL, SENIOR MOTORING REPORTER Updated: 08:41, 15 July 2026 e-mail 47 View comments
China's economic growth slows to weakest pace in three years despite export boom
China's economic growth slowed in the second quarter, impacted by weak domestic demand. Strong exports, particularly in electric vehicles and AI, provided some support. Consumer spending and investment remain subdued amid property market uncertainty. The nation faces challenges balancing high-tech growth with job creation. Officials aim for higher quality growth and a stronger domestic market.
Thames Water returns to profit after raising bills
Thames Water returns to profit after raising billsImage source, Getty ImagesPublished3 minutes agoThames Water has returned to a full-year profit after hiking its customers bills by 40% last year.The UK's largest water company reported post-tax income of £113m for the 12 months to the end of March, swinging from a £1.51bn post-tax loss the previous year.However, the firm's net debt also swelled to £18.5bn from £16.8bn as it said it "continued to fund the business through... debt and internally g...
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