Saks files for bankruptcy. What went wrong at the luxury retailer? Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy protection, leaving questions about the luxury retailer's future. Source
‘Unprecedented’ numbers seeking debt help post-Christmas, say charities Debt charities say that calls have risen compared with last year as people are urged to seek help. Source
Trump seeks $100bn for Venezuela oil, but Exxon boss says country ‘uninvestable’ Oil executives expressed caution, with one executive saying Venezuela had seized their assets twice. Source