Harrods to sell most expensive advent calendar

Harrods to sell the most expensive traditional advent calendar in the world, inspired by the granite façade of the New York Store created by artist and illustrator Pat Vale, next month priced at £104, 000. The doors o the 4 feet calendar each open to reveal items from the Tiffany store on Fifth Avenue in…

Ferocious life of three York brothers

Edward IV  who “upside-downed his brother and drowned him, dead in a butt of malmsey “was youthful war hero turned seedy sun-king, having seized the throne in 1461 just  shy of his 19th birthday, and presided over a court that tottered bibulously on the line between chivalric self-glorification and flat-out debauchery. Edward was needled by…

Will Super-intelligent robots enslave humanity?

Alarms already sounded by Bill Gates, late Stephen Hawking and Elon Musk,  about artificial intelligence and how one day super-intelligent robots  will one day wipe out or enslave humanity. Superhuman artificial intelligence is an approaching tidal wave that threatens not just human relationships and jobs but civilisation itself. Conflict between humans and machines is seen as…

Underground protest sparks state of emergency in Santiago

Protesters comprising of high school and university students jumped turnstiles, attacked several underground station, started fire and blocked traffic, leaving widespread damage across Chilean capital Santiago and left thousands of commuters without transport. Earlier, this month, the government increased fares by $1.17 (£0.90p) for peak hour journey, blaming higher energy costs and weaker Peso. A…

WHSmith buys Marshall in $400m deal

200-year-old, WH Smith, a UK high street intrepid known for its stationery and books, intends to double its international business and strengthen its presence in the lucrative US airport shopping market with a deal to buy Las Vegas-based Marshall Retail Group for $400m. The transaction would double the size of WH Smith’s international travel business.…

Peter Frankhauser grilled

Thomas Cook’s CEO Peter Frankhauser tells MPs that government refused to support rescue plan led the178-year-old travel company’s collapse. He had spoken to ministers in the government of Bulgaria, Spain, Greece and Turkey  in Thomas Cook’s final week – but not the UK as the company tried to piece together  a rescue plan. A committee…

Woodford collapses and traps clients

Three Hundred thousand customers of Hargreaves Lansdown were caught in the collapse of Woodford Investment management.  The Uk’s biggest online funds supermarket had championed Neil Woodford, who on Tuesday announced that he was closing his company after being fired from his own flagship fund.  Hargreaves promoted Woodford fund on its best- buy list and attracted…

BlackRock achieves record profit and swells inflows of $84bn

The world’s biggest fund manager BlackRock has achieved a record profit margin, as new clients and lower costs boosted its assets, which attracted $84bn inflows in the third-quarter, with half going to its iShare business, an ideal passive investment vehicle where Exchange-Traded Funds are engineered to meet your investment goals. Its active equity funding attracted…