The pursuit of shareholder value destroys jobs, investment and the long term health of the economy, but as long it is legal Philip Green’s behaviour is just business as usual.
The presumption in government is that privatisation is always desirable, but many failures have led consumers to think differently.
A TV cameraman shoots a Madame Tussauds Museum figure of US Olympic gold medal swimmer Michael Phelps at Banneker Pool in Washington, to coincide with the opening of the Rio Olympics on August 5.
Gary Cameron/Reuters
As the budget deficit fades from political view, anxiety shifts to the much wider current account deficit. It may signal UK dynamism, but neither financing nor closing it look easy after Brexit.
Philip Green has been vilified by MPs just as Theresa May vows to take on bad behaviour in big business. New research reveals just how urgent a task this is for voters.
An implant made by Cochlear who are innovating in their marketing and customer service.
Dan Peled/AAP
Australia will have to adapt its tourism offerings to attract of growing market with changing expectations.
Investors need to know if there is impairment of assets, but research shows firms don’t always disclose all the information they should about this.
Dean Lewins/AAP
Managers of well-known Australian companies are misleading investors by taking years to recognise asset impairments and not disclosing that information in financial reporting.