Business – Page 41 – PressClub World

30. 11. 2019 No Responses

Israeli mobile phones-hacking spy van scandal triggers privacy breach probe in Cyprus

Cypriot police are deepening their probe into a high-tech ‘spy van’ spotted on the island, owned by an Israeli surveillance firm and capable of hacking into any smartphone from a kilometer away. Its exact purpose remains unknown. The mysterious vehicle...

29. 11. 2019 No Responses

Mercedes-Benz owner Daimler to cut 10,000 jobs and Audi to cut 9,500

Daimler, the German carmaker that owns Mercedes-Benz, has said it will shed at least 10,000 jobs worldwide as it seeks to fund the switch to electric cars. Daimler personnel chief Wilfried Porth told journalists the number of jobs lost would...

27. 11. 2019 No Responses

Oil Service Stocks – Uninvestable

Interest In Oil Service Stocks At A “Career Low”, Piper Warns. Collectively, the consensus view is that the oil service sector remains un-investable. There have been few sectors dripping with apathy of late quite like the oil services sector. On ...

25. 11. 2019 No Responses

French luxury giant LVMH buys iconic American jeweler Tiffany for over $16 Billion

The world’s leading luxury group LVMH has agreed to buy a 182-year-old US jeweler Tiffany & Co. for $135 per share in cash. The $16.2 billion deal will become the largest luxury-goods deal ever. “The acquisition of Tiffany will strengthen...

23. 11. 2019 No Responses

‘Delete WhatsApp unless you’re OK with surveillance,’ founder of rival Telegram messenger warns

WhatsApp is a “Trojan horse” exploited to snoop on millions of users naive enough to believe that the Facebook-owned messenger differs from its parent company, long beset by privacy scandals, Telegram founder Pavel Durov said. In a lengthy post on...

22. 11. 2019 No Responses

Bridgewater Bets $1.5 Billion That Market Will Crash By March

At the beginning of 2018, Ray Dalio said during one of his annual speeches at Davos that investors would feel “pretty stupid” if they were holding cash. Over the following 11 months, one of the biggest market blowups since the...

21. 11. 2019 No Responses

Corruption-Ridden UAW President Gary Jones Resigns

Corruption-Ridden UAW President Gary Jones Resigns After Union Moves To Expel Him From Office. Just weeks after the UAW struck a deal with General Motors, ending one of the longest labor strikes in history, the union’s corrpution-ridden President, Gary...

19. 11. 2019 No Responses

Hydrogen Truckmaker NIKOLA Claims It Has Breakthrough Hydrogen Battery Tech

Vaporware company NIKOLA Motor, the Phoenix-based startup that wants to disrupt trucking with futuristic electric semis powered by hydrogen, says it’s developed a new type of battery cell with double the energy density, only 40% of the weight and half...

18. 11. 2019 No Responses

Airbus wins orders for 170 aircraft

Airbus has won $30bn (£23bn) worth of orders for 170 aircraft in another sign of the continued expansion of Middle East airlines. On the second day of the Dubai Air Show, Emirates announced the purchase of 50 Airbus A350-900 XWBs...

15. 11. 2019 No Responses

There Is No Such Thing as a Free Press

Udo Ulfkotte’s amazing book, Gekaufte Journalisten (Bought Journalism) was published by Kopp Verlag in 2014. The book was a sensation and sold 1,500,000 copies in Germany, but no major US publisher would bring out an English translation. Finally, last mont...

11. 11. 2019 No Responses

Iran discovers oil field containing 53 billion barrels of crude

President Hassan Rouhani says Iran has discovered a new oil field containing 53 billion barrels of crude in southwestern Khuzestan Province. Rouhani told a large crowd of people in the central city of Yazd on Sunday that the discovery was made despite US...

10. 11. 2019 No Responses

Tunisia to Launch National Currency “E-Dinar” Using Blockchain

After marketing experts saw High-Performance crypto eTolar and understood the possibility of issuing any historical currency electronically, the Tunisian authorities decided to issue their own national electronic currency E-Dinar. Tunisia has become the first ...

9. 11. 2019 No Responses

The world’s billionaires lost a total of $388 billion in 2018

A new report by UBS and PwC has found that the world’s richest lost $388 billion last year, with their wealth dropping to $8.539 trillion. Geopolitical turmoil and volatile equity markets have been blamed for the loss. According to the...

8. 11. 2019 No Responses

WeWork CEO Wants to Be ‘President of the World’

Adam Neumann – playboy from Tel Aviv and WeWork ousted CEO wants to be Israel’s prime minister and President of the World. The lengthy Wall Street Journal profile published Wednesday paints a rather comprehensive image of WeWork co-founder Adam Neum...

6. 11. 2019 No Responses

SoftBank lost at least $4.7 billion by investing in WeWork

‘I shut my eyes,’ SoftBank CEO Masayoshi Son says after losing more than $4.7 billion on playboy from Tel Aviv and his creature WeWork. SoftBank lost at least $4.7 billion by investing in WeWork after the shared-workspace group’s initial pub...

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