James Dean
Business Insider
United Kingdom
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Past articles by James:
Inside Roman Abramovich's rise from college dropout and Red Army conscript to rubber-duck trader, billionaire oligarch, and wartime peace envoy
Roman Abramovich is Russia's most recognizable oligarch, known for his luxury property, yachts, private jets – and lately, his role as peace envoy. → Read More
Western sanctions are already disrupting Russia's economy, with the ruble slumping 30% and interest rates jumping to 20%. Here's what's happening and how the situation could play out.
Analysts at Rabobank believe the sanctions could prompt "perhaps the worst economic and financial collapse" in Russia since 1991. → Read More
The Kremlin says Russia's 'economic reality' has 'considerably changed' in the face of 'problematic' Western sanctions
Kremlin spokesperson Dmitry Peskov said Monday that the West's sanctions against Russia were "heavy" but his country had "response plans." → Read More
Europe can't stop buying Russian gas. Here's why.
On Sunday morning, Gazprom, the Kremlin-controlled energy giant, said gas exports from Russia to Europe via Ukraine were as high as expected. → Read More
City watchdog opens way to criminal prosecution of Greensill Capital
The City watchdog has opened the door to a criminal prosecution of Greensill Capital and confirmed that it is investigating the failed lender.Nikhil Rathi, chief executive of the Financial Conduct → Read More
Buying frenzy pushes bitcoin past $48,000
Bitcoin has hit a new high above $48,000 after a buying frenzy inspired by Elon Musk continued overnight.Tesla, Musk’s electric car company, said yesterday that it had invested $1.5 billion in bitcoin → Read More
Fool’s gold or time to buy as bitcoin surges?
Big bank analysts in the City and on Wall Street tend to steer clear of bitcoin, no doubt because their bosses have spent years deriding it as a scam. However, there are a few brave souls who dare to → Read More
US non-farm payrolls expand by record 2.5 million in May
A record-breaking jobs report in the United States today sent stock markets up and left economists stunned.Gloomy forecasts across the board suggested that millions more Americans had lost their jobs → Read More
US economy will take ten years to get over pandemic, says Congressional Budget Office
America’s economy will take almost a decade to recover from the pandemic, government analysts have predicted.The virus will have cost the economy $7.9 trillion by the end of 2030, equivalent to nearly → Read More
Jets from bust airlines set to flood the aviation market
It is, perhaps, the last thing that executives at Boeing and Airbus wanted to wake up to yesterday morning — an industry forecast that suggests the market for new aircraft, already reeling from → Read More
Record jump in US jobless claims follows shutdown
More than 3.3 million Americans lost their jobs last week, the most in United States history, as businesses large and small were ordered to shut to combat the rapid spread of coronavirus.New claims → Read More
Jerome Powell: Fed boss determined to keep his cool amid broadsides from White House
“There are very few things that I don’t worry about,” Jerome Powell quipped this week, drawing a smattering of laughter from reporters as the chairman of the US Federal Reserve announced the first... → Read More
Boeing and Airbus under spotlight: airline passengers are left at risk by ‘global crisis in regulation’
The safety of airline passengers is at risk because regulators are ceding too much power to Boeing and Airbus, groups representing pilots, engineers and air traffic controllers have told The Times. → Read More
The march of the robots is heading for supermarkets
The British supermarket industry is often lauded as the most advanced in the world, forged by decades of intense rivalry between Tesco, Sainsbury’s, Asda and Morrisons and more recently the German discounters Lidl and Aldi.When it comes to shopfloor technology, though, the Brits have fallen behind. → Read More
Mark Zuckerberg old news as Kylie Jenner makes $1bn
The reality TV star and entrepreneur Kylie Jenner is the youngest self-made billionaire of all time.The 21-year-old former star of Keeping Up with the Kardashians has taken the title from Mark Zuckerberg, the founder of Facebook, who broke the record at the age of 23.Although she rose to fame throug → Read More
Job cuts loom as Pepsico announces return to profit
Pepsico is to cut jobs and close factories as part of a $2.5 billion restructuring programme ordered by its new boss. The fizzy drinks and snacks maker followed Coca-Cola, its traditional rival, by... → Read More
UK’s burger appetite helps McDonald’s sales sizzle
Britain’s appetite for cheap hamburgers and fries grew at the end of last year, helping McDonald’s to report its 51st consecutive quarter of growth in the UK and Ireland.The strong showing helped its American parent to beat Wall Street’s forecast for global sales today, even as it struggled slightly → Read More
Posh coffee is not so hot any more
Starbucks is to rein in plans to open more than 1,000 highbrow coffee shops around the world as its new chief executive unwinds some of his predecessor’s initiatives. Kevin Johnson said the group would test between six and ten Starbucks Reserve shops before deciding whether to open more.Starbucks, → Read More
Apple slump deepens fear of global slowdown
Apple blamed President Trump’s trade war with China for prompting a slump in iPhone sales as the company shocked Wall Street last night with a sharp cut to its financial forecasts. The warning came... → Read More
Hard Brexit now at least 50-50, warns ‘the Big Short’
A prominent American investor who made hundreds of millions of dollars by anticipating the US financial crisis believes that the probability of a “hard” Brexit is now at least 50 per cent and has... → Read More