Following the revelation of that the e-retailer Amazon.com about it hiring an expert in the field of cryptocurrencies, the value of some cryptocurrencies surged. The company put out an advertisement for a “digital currency and blockchain product lead” to look… Read More ›
Economy & Finance
Najib Mikati set to become Lebanon’s Prime Minister
On Monday, Lebanon’s former premier Najib Mikati, a wealthy businessman, is poised to be the country’s designated Prime Minister after winning the support of most major parties to form a new government. The development comes at a time when Beirut… Read More ›
Mercedes-Benz Gets Ready To Rival Tesla In All-Electric Vehicles Segment
Investments of more than 40 billion euros ($47 billion) by 2030 is being planned by the Mercedes-Benz maker Daimler to prepare itself for development of electric vehicles (EV) to take on the United States based market leader Tesla, the company… Read More ›
New Report Predicts Loss Of Bank Market Share In Some Areas In Q2 For Deutsche Bank
The market share of the investing unit of Germany’s biggest lender, Deutsche Bank, dwindled across an array of key services during the second quarter, according to data available from Dealogic, which highlighted the fragile recovery at the bank. At the… Read More ›
Bioguard proves an effective weapon against the spread of COVID-19
The outbreak of the COVID-19 pandemic in 2019 led to viral misinformation spreading online regarding the safety of banknote use and the danger of handling cash. Both the Dutch bank DNB and the Bank of England have since highlighted the… Read More ›
$50m Reportedly Demanded By Hackers From Saudi Aramco Over Data Leak
Company data from one of the contractors of Saudi Aramco, the most valuable oil producer of the world, was leaked, the Saudi oil giant has confirmed. Such leaked data is now reportedly being used for an attempted extortion of $50milion… Read More ›
EU Rejects UK’s Demand For Changes In Post-Brexit Deal On Northern Ireland
The European Union rejected a demand by Britain that the deal that was signed just about a year ago between the UK and the EU and one that oversees the problematic post-Brexit trade involving Northern Ireland should be rewritten. … Read More ›
Exports from Japan record fastest growth since first half of 2010
In June, exports from Japan rose by 48.6%, from a year earlier, led by heightened demand from the United States and China supporting hopes for an economic recovery in the world’s third-largest economy. Japan’s rise in exports, the fourth straight… Read More ›
Tokyo Olympics should go ahead: Tedros Adhanom Ghebreyesus
On Wednesday, the head of the World Health Organisation (WHO) Tedros Adhanom Ghebreyesus said, organizers of the Tokyo Olympics should go ahead to demonstrate to the world what can be achieved with the right plan and measures midst the Coronarivus-induced… Read More ›
Bukalapak raises $1.5 billion in Indonesia’s biggest IPO
On Wednesday, three sources familiar with the matter at hand said, Indonesian e-commerce firm Bukalapak has raised $1.5 billion in its initial public offering (IPO); Indonesia’s largest IPO saw Bukalapak price its shares at the top of an indicated price… Read More ›