Markets

Apr26, 2021

Carlos Slim, Current Net Worth in 2021

Carlos Slim is the owner of Grupo Carso. He is a businessman, an entrepreneur, an investor, an engineer as well as a philanthropist. Early Childhood Life He was born in 1944 in Mexico. A son to Julian Slim and Linda.…
Apr26, 2021

Amancio Ortega, the Bilionnaire who Dropped out of School at 14, his Current Net Worth

Amancio Ortega is the co-Founder of Zara, the greatest textile fashion industry. He is a Spanish businessman and a philanthropist. Early Childhood Born in a humble background in Spain. His father, Antonio Ortega, was a railway worker, while his mother,…
Apr23, 2021

Reason Why Rolls-Royce Cars are Very Expensive

Rolls-Royce cars are among the most expensive vehicles in the world. This is because they provide a luxurious environment according to the customers' wish. Their buyers are always satisfied before giving out a final coin. The main price The most…
May19, 2019

The One Trillion Dollars Razzmatazz

Only great mountaineers ever made it to the top of the highest mountains. We must give the tech giant's credit; they made it to the top of the mountains. But it is obvious that not even the best mountaineers can…
May17, 2019

Several Banks Have Been Fined More Than €1 Billion for Currency Rigging

The European Commission has fined five banks with a $1.1 billion fine for rigging the foreign exchange market. Barclays, RBS, Citigroup, JP Morgan, and MUFG are facing fines, while UBS won’t suffer financial penalties, since it alerted the European Commission…
Aug15, 2018

Bitcoin and Ethereum are both down significantly

What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid…
Jul27, 2018

Amazon beats Q2 expectations

Amazon continues to dominate Amazon exceeded investors’ expectations in the second quarter, causing their stock to jump almost four percent on Thursday. In fact, Amazon more than doubled analysts’ forecasts last quarter. They posted a $2.5 billion profit, $52.9 billion…
Jul26, 2018

Under Armour continues to struggle

Under Armour faces major cash problem On Thursday, Under Armour announced that it will add $80 million to its previous $130 restructuring plan. The sports apparel company also announced losses of almost $96 million last quarter, compared to just $12.3…
Jul26, 2018

Qualcomm will stop pursuing NXP

Qual-lateral damage Qualcomm announced in October 2016 that it would acquire NXP for $47 billion. However, the country still awaits China’s approval of the deal. Because of this, Qualcomm has decided to pull out of the acquisition. The tech firm…
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