All Articles - Page 28

Think you know why oil prices are so low? Think again. Here's the real reason behind the fall in oil prices and why the banks aren't concerned.

The gap between rich and poor is widening according to the charity Oxfam, which reports that the 62 world’s richest people own the same as the poorest half of the planet's population.

In western Germany, a public swimming pool in one town has forbidden entry to male refugees aged over eighteen. Anti-migrant sentiments have been evident elsewhere in Europe since the start of the year. In Austria, a bar in a small town in the east of the country has banned all refugees.

Chicken farms in the US are notoriously hard to access if you're not involved in the industry. But one American farmer, contracted to a meat processing company, has thrown open the barn doors. He claims firms routinely mislead customers about the conditions the birds are reared in and their health. Maria Finoshina went to meet him.

It's been an ugly start to the year for China, with Chinese stocks in Hong Kong falling to global financial crisis lows. To make things worse, Chinese officials seem befuddled about how to respond to the financial turmoil. Bloomberg Businessweek's Peter Coy takes a look at how China's mess affects the world, and explains why the U.S. economy is still relatively insulated.

As Brent oil trades near $28 a barrel, Bloomberg weighs the impact of cheap oil on countries, corporations and consumers.

Could this be the next Saddle Reef Discovery? Read this to find out why and how the market missed this potentially incredible discovery.