Business 125 Articles
Business timelines on AiTimeline: fact-first histories of companies, markets, banking and trade, from Amazon Prime to the YES Bank crisis rescue.
Turkish Lira Crisis: Why the Currency Plunged
Turkey's currency crisis came in repeated shocks, not one collapse. This timeline traces rate decisions, inflation, political shocks and the slide to…
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Euro Launch Anniversary: Survival, Crisis and the Future of Europe’s Currency
Created to bring Europe closer together, the euro has survived the 2008 crash, the Greek debt crisis, COVID-19 and an inflation shock.…
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Spectrum Auctions in India: From the 2G Row to 5G
How India sells the airwaves behind every mobile call: the 2008 2G allocation and the 2012 Supreme Court cancellation, the 3G, 4G…
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Big Bang 1986: How London Remade Its Financial City
On 27 October 1986 the London Stock Exchange abolished fixed commissions, let brokers and jobbers merge, opened its firms to foreign banks…
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Lebanon Financial Collapse: How the Currency Lost 98% of Its Value
Once a regional banking centre, Lebanon froze its depositors' dollars in 2019, defaulted in March 2020 and saw the pound fall from…
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Black Monday 1987: Stock Market Crash & Aftermath Timeline
On 19 October 1987 the Dow Jones Industrial Average fell 508 points, or 22.6%, in a single day. The timeline of Black…
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Bank Nationalisation in India: From 14 Banks in 1969 to 12 Public-Sector Banks
India nationalised 14 banks on 19 July 1969 and six more on 15 April 1980. The full timeline from the Imperial Bank…
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Bretton Woods Collapse: How the US Ended the Gold Link in 1971
On 15 August 1971 Richard Nixon closed the gold window, ending the promise that foreign governments could swap dollars for US gold…
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Demonetisation Anniversary: India’s 2016 Note Ban, Impact and Outcome Timeline
India demonetised its old Rs 500 and Rs 1,000 notes on 8 November 2016. Ten years on: the full timeline of the…
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Wall Street Crash 1929: Causes, Impact, and Legacy
The Wall Street Crash of 1929, day by day: the margin-fuelled boom, Black Thursday, Black Monday and Black Tuesday, the slide to…
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Northern Rock Failure: UK’s First Bank Run in 150 Years Explained
How Northern Rock went from building society to Britain's first bank run in about 150 years: the wholesale-funding model, the August 2007…
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Black Wednesday 1992: UK’s ERM Exit and Financial Impact
How Britain lost its battle for the pound on 16 September 1992: the ERM peg at DM2.95, rates raised from 10% to…
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Silicon Valley Bank Collapse Timeline: The 48-Hour Run That Shook Banking
How Silicon Valley Bank collapsed in 48 hours in March 2023: the $1.8bn loss, the $42bn run, closure on 10 March, the…
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Harshad Mehta Scam: How the 1992 Securities Fraud Rocked India
How the Harshad Mehta scam worked and unravelled: bank money routed through unbacked Bankers' Receipts, the 1991-92 Sensex boom, the 23 April…
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Saudi Aramco IPO: Timeline of Its Long-Awaited Market Debut
Why the Saudi Aramco IPO took four years: the 2016 idea, the $2 trillion valuation fight, SAR 32 pricing, the 11 December…
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Kingfisher Airlines: Rise and Fall of India’s ‘Good Times’ Airline
How Kingfisher Airlines went from a glamorous 2005 launch to grounding: the Air Deccan deal, a 2010 debt recast, unpaid salaries, the…
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Jet Airways Collapse: A Timeline of Missed Warnings
How Jet Airways went from India's leading private airline to liquidation: the 2018 losses, the 31 December 2018 default, the 17 April…
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Lithium Supply Concentration: A Global Timeline of Mining and Refining
Lithium is mined mostly in Australia, Chile and China but refined mostly in China. A timeline from the 1817 discovery to the…
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