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Category: Business & Politics
While some financial experts claim the rise of the bitcoin is nothing else than a speculative bubble, the fact is that the value of the virtual currency has gone past $10,000. This makes the total value of existing bitcoins over $167bn. What should we expect next?
This weekend people from Catalonia chose to be independent. They voted against the struggle of Spain to stop this referendum to happen.
“Spain has shown us today its ugliest and darkest face, that which we really thought had disappeared 40 years ago,” said Mario Pulpillo, 54. “You simply can’t use violence against people who just want to vote.”
North Korea wants, in response to the US military threats, to test a nuclear weapon across the Pacific Ocean.
The country’s foreign minister, Ri Yong Ho, spoke with reporters in New York and told them that the final decision would have been taken by his boss, Kim Jong Un. Ri was to address the United Nations General Assembly on Friday but gave up.
The Renault-Nissan-Mitsubishi alliance is betting on a spike in electric cars worldwide, in the following years. It announced on Friday plans to design and produce 12 new electric models by 2022. Moreover, the group is aiming to make electric cars 30% of its overall output.
Amazon announced that it is planning to open another headquarters, named Amazon HQ2, in North America. HQ2 will cost an estimated $5 billion and house up to 50,000 Amazon employees, according to the company’s website.
Uber appointed Expedia boss, Dara Khosrowshahi to be its new CEO, handing him the challenge to lead the company out of crisis. Khosrowshahi, 48 years old replaces Travis Kalanick who resigned following investor pressure.
Chinese company Great Wall Motor (GWM) is interested in buying Fiat Chrysler Automobiles (FCA), according to a GWM statement, made on Monday.
With respect to this case, we currently have an intention to acquire. We are interested in (FCA).
Donald Trump has been President for 30 weeks, but only two of them could be reasonably described as good. The rest of the weeks could be confidently described as disastrous.
We ranked below the absolute worst six weeks Trump has endured, since becoming Head of the U.S.