Category: Business

Verizon Media’s new CEO about new strategy to turn things around
26. 6. 2019 No Responses

Verizon Media’s new CEO about new strategy to turn things around

New CEO Guru Gowrappan has a big job to do after inheriting a fragmented business that is losing millions. Guru Gowrappan has flown into Cannes via London, where he watched Australia survive a scare against underdogs Sri Lanka in the...
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Merrill Lynch Caught Criminally Manipulating Precious Metals Markets
26. 6. 2019 No Responses

Merrill Lynch Caught Criminally Manipulating Precious Metals Markets

Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands Of Times” Over 6 Years.  When it was pure conspiracy theory to accuse one or more banks of aggressively, compulsively and systematically manipulating the precious metal...
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Carrefour prepares to exit China
25. 6. 2019 No Responses

Carrefour prepares to exit China

Carrefour prepares to exit China, sells 80% stake to Suning. Carrefour has announced that it’s selling 80% of its China operations to Chinese retail giant Suning for 4.8 billion yuan ($700 million). The French supermarket giant retains two of seven seats...
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S-500 Prometheus was accepted into service
23. 6. 2019 No Responses

S-500 Prometheus was accepted into service

The Russian Anti-Ballistic and Anti-Aircraft system S-500 Prometheus was accepted into evaluation phase service and already protects Russia. The S-500 Prometheus Anti-Ballistic and Anti-Aircraft missile system, according to expert estimates, uses brand new ra...
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Old Moneycreators Panicking
21. 6. 2019 No Responses

Old Moneycreators Panicking

G7 Forming Task Force in Response to Facebook’s Libra Cryptocurrency. With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues. Re...
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American Airlines prefer European Airbus over US planemaker Boeing
20. 6. 2019 No Responses

American Airlines prefer European Airbus over US planemaker Boeing

The world’s largest air carrier, American Airlines, has become the first major US airline to buy 50 long-range, single-aisle A321XLR jets from Airbus as Boeing is tries to win back customers’ trust after two recent crashes. European aerospace giant Airbus....
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MoneyGram soars 168% from Ripple symbolic investment
19. 6. 2019 No Responses

MoneyGram soars 168% from Ripple symbolic investment

On Tuesday, money-transfer company MoneyGram saw its stock soar an eye-popping 168% after banking software company Ripple announced it will buy $30 million of MoneyGram shares at a huge premium of $4.10 per share, with the option to buy another...
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Facebook has finally revealed the details of its cryptocurrency Libra
18. 6. 2019 No Responses

Facebook has finally revealed the details of its cryptocurrency Libra

Facebook has finally revealed the details of its cryptocurrency, Libra, which will let you buy things or send money to people with small fees. You’ll pseudonymously buy or cash out your Libra online or at local exchange points like grocery...
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Paris Air Show 2019 kicks off at Le Bourget
17. 6. 2019 No Responses

Paris Air Show 2019 kicks off at Le Bourget

Boeing under pressure at Paris air show while Airbus reveals new plane. Boeing CEO Dennis Muilenburg will be under the spotlight at this week’s Paris air show following the two 737 Max crashes that killed almost 350 people. While plane manufacturers...
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Broadcom Thinks The Huawei Ban Will Cost It $2 Billion
15. 6. 2019 No Responses

Broadcom Thinks The Huawei Ban Will Cost It $2 Billion

Broadcom Thinks The Huawei Ban Will Cost It $2 Billion This Year. Broadcom (NASDAQ: AVGO) released its second-quarter results yesterday and the company had some bad news for investors in its forecast. The company, based in the U.S., sees a...
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Facebook’s cryptocurrency Libra to debut next week
14. 6. 2019 No Responses

Facebook’s cryptocurrency Libra to debut next week

Facebook’s cryptocurrency Libra to debut next week backed by Visa, Mastercard, Uber, and others, with a launch to follow in 2020. Facebook has secured the backing of over a dozen companies for its upcoming Libra cryptocurrency set to be announced next...
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Huawei Demands Verizon Pay $1 Billion For Using 230 Patents
13. 6. 2019 No Responses

Huawei Demands Verizon Pay $1 Billion For Using 230 Patents

Huawei has hit upon a new strategy for fighting back against the US: leveraging its massive suite of technology patents to try and force American competitors to fork over billions of dollars. And its first target is Verizon, one of its biggest American...
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Venezuela’s Inflation Finally Drops Below 1 Million Percent
12. 6. 2019 No Responses

Venezuela’s Inflation Finally Drops Below 1 Million Percent

  Annual inflation in the country has dropped below one million percent in May for the first time since 2018, Reuters reports. And how did the country magically start to rope in inflation? The central bank restricted the domestic money supply &#8211...
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United Technologies, Raytheon Combine Into Aerospace, Defense Giant
10. 6. 2019 No Responses

United Technologies, Raytheon Combine Into Aerospace, Defense Giant

United Technologies and Raytheon agree to all-stock merger that would create aerospace behemoth. Raytheon and United Technologies on Sunday announced they would merge in an all-stock deal, a tie-up that would create a behemoth in the fast-growing defense and a...
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9 in 10 US shale oil companies are burning cash
9. 6. 2019 No Responses

9 in 10 US shale oil companies are burning cash

Recently released data, which confirmed dismal first quarter earnings, only served to cement negative market sentiment. While shale operators continue to focus on improving capital efficiency, investors are putting the industry under extreme pressure, leaving...
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