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London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Moving Towards a Cashless Society: An Analysis

As technology gives rise to alternatives that accelerate, secure, and simplify financial transactions, society is gradually becoming cashless. In the 21st century,...

Sri Lanka’s External Debt is More Than $50 Billion

The worst economic crisis hits Sri Lanka with people not having access to fuel and other essential commodities. Sri Lanka with a...

Cosmetics Giant Revlon Files Chapter 11 Bankruptcy Protection

Revlon, Inc., a renowned cosmetic company, filed for Chapter 11 bankruptcy.   Recently, they convened with loaners before the deadline...

China Faces Period of Uncertainty Amid Economic Slowdown

The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...

Warren Buffet Ends Association with Wells Fargo

Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...
student loan debt

US Has a Record $1.7 Trillion In Student Loan Debt

As many as 45 million borrowers in the United States (US) owe a total of $1.7 trillion in student loan debts according...

SoftBank Cuts Top Executives Wages After its Vision Fund Incur Loss

Japanese conglomerate, SoftBank Group, cut the wages of its top executives after its Vision Fund recorded a historic loss. It was a...
Fraser

Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided

Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...

Google Plans to File for Bankruptcy in Russia

The Russian subsidiary of Google plans to file for bankruptcy, according to a spokesman for Google. The reason for this decision is...

Recent Articles

Roe vs Wade Reversal May Impact Telemedicine in US

Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
Zomato

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

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ford motor company

Ford Motor Signs Five-Year E-Commerce Deal With Stripe

Leading automobile giant Ford Motor Company is seeking new ways to process digital payments within its offices. The company...
Central Bank

Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels

The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
person holding a phone

How Covid-19 Boosted The Use Of Internet Banking In Albania

Albanian citizens performed an average of 400,000 transactions per month using internet banking services in 2021. The monthly...

New Chapter 11 Filings, Disclosures: January 18 – January 22, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of January...

Singapore’s Real Estate Industry Has a Gap

The real estate industry in Singapore has a great gap between housing demand and supply. As a result, the cost of property...