Stories

In the year 2019, global trade tensions, political unrest on The Streets of Hong Kong , indecision about Brexit and a litany of corporate scandals dominated The Business news agenda.

senior executives have lost their jobs, the bankers were sent home, and large commercial names of Nissan and Boeing to Topshop, and a Spa tub place with threats to their Reputation.

Here, every month is a countdown of the biggest news events with effects that lasted for weeks and in some cases months.

things sticky for Patisserie Valerie

The upscale patisserie together fell like a souffle After it was found to overestimate its cash position of tens of millions of pounds.

Six arrests were made, and. Its largest shareholder, Luke Johnson , is trying to save, but it was eventually bought out by the Irish private equity company Causeway capital.

Grant Thornton , the Baker-auditor, came in to criticism for failing to detect the fraud. This Scandal , together with the collapse of the British construction giant Carillion - led to the introduction of three government-commissioned reviews into how audit firms are regulated.

Telegraph published the allegations against Sir Philip Green

The boss of Topshop owner Arcadia has been thrown into the spotlight when The Daily Telegraph published, including bullying and racial and sexual abuse.

Five employees who had signed the charges under non-disclosure agreements (NDAs) in exchange for cash settlements. But Chris Evans , the Telegraph editor, said it was in The Public interest, to tell your story.

original article to run was meant to be, in August of 2018, but not shown, After The High Court gave the go-ahead to the end of a temporary restraining order against the publication. Later in the year, the retail tycoon, in view of the petty crime attack in the United States, which, together with the allegations, he strongly denied.

A second Boeing 737 Max aircraft crashes

The air disaster in Ethiopia, The Crash of a 737 Max followed a few months earlier, in Indonesia, left hundreds dead and Boeing, the torn reputation in tatters.

The fleet of 737s was grounded, even if not as quickly as some thought it should be. Fixing the problem has proved to be even more difficult, as details gradually emerged, what was at the core of the problem.

at the end of the year, Boeing had fired his boss and decided to have a January. The consequences for Boeing, its suppliers and the US economy will continue, while the families of their lost relatives still call for an explanation of how the planes were allowed to fly farther, in spite of the warnings.

- Nissan, Carlos Ghosn , part way

The 64-year-old Frenchman, the Japanese car maker led for almost two decades, before a whistleblower made allegations about Mr Ghosn alleged financial irregularities.

He was sacked as Chairman, shortly After his first arrest in November of 2018, but his ousting from the Board of Directors in an extraordinary General meeting to be case completed from grace.

Mr Ghosn vehemently the accusations of under-reporting his salary and use of company assets for personal use. denies

Since then, fact, the tit-for-tat allegations, with Mr Ghosn accused the Japanese government of conspiring with Nissan against him.

On the 30. December, it was reported that Mr Ghosn had traveled in Lebanon, After leaving Japan, while they are in expectation of the process in Tokyo.

the U.S. and China blow hot and cold on trade

relations between the United States and China appeared for the warm-up in may, when the Deputy Prime Minister and economic Advisor, Liu He attended talks in Washington for the trade.

China agreed to "significantly increase" their purchase of U.S. goods to help reduce America's trade deficit and the Minister of Finance of Steve Mnuchin, has said that the trade was war "on ice".

days later, however, it was business as usual.

The White house announced that it would require a 25% tariff on $50 billion worth of Chinese goods, which contain "industrially significant technologies," in response to China's alleged "unfair practices in connection with the acquisition of American intellectual property and technology".

Facebook says it will launch launch its own crypto-currency

The Social Media giant plans a new digital currency, called Libra, in the next year.

But said, with The Head of the US house of representatives' Financial Services Committee, The Firm should wait until the US Congress had investigated The Project .

with Other regulatory authorities were somewhat skeptical. It was treacherous as a "beguiling yet treacherous" by the European Central Bank official Yves Mersch and "a shock" by Simon Potter, ex-Chief of the New York Federal Reserve.

Facebook CEO Mark Zuckerberg has warned that, if the currencies of US, ahead of other global crypto, so he will fall behind The Competition .

The axe falls at the Deutsche Bank

the failure of the Germans to the proposed merger with Commerzbank earlier this year, forced the German the hand of The Bank .

In July , began a massive restructuring, to achieve cost savings of €17 up to the year 2022 and dismissed. Many of them, mainly engaged in its fight for equity trading division, found out only 48 Hours in advance.

After collecting their personal belongings and leave their desks, they were escorted out of The Building through the back door to avoid the crowds waiting for the journalists.

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