Article by alir1272

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Last Updated: 27 March 2020

A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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EU Tech Plan to Boost European firms at Expense of US rivals

Author: Ali Raza

Last Updated: March 27, 2020

European Commission today launches the first phase of a draft proposal that will help EU nation companies take advantage of their enormous data banks and […]

Amazon.com, Inc. (NASDAQ:AMZN) Jeff Bezos

Three Things Bezos Plans to Do with his $10bn Climate Change Fund

Author: Ali Raza

Last Updated: July 30, 2020

In recent years, fighting climate change has become a major cause for US billionaires, with hedge fund manager Tom Steyer, financial-data firm founder Mike Bloomberg, […]

China Reduces Interest Rates to Support Banks

Author: Ali Raza

Last Updated: February 17, 2020

Commercial lenders in China have been offered medium-term funding to reduce interest rates in charges for money. China’s Central Bank made this move to cushion […]

Jeff Bezos Acquires Warner Estate in $160 Million Record Deal

Jeff Bezos buys Beverly Hills mansion in $165 Million Record Deal

Author: Ali Raza

Last Updated: February 14, 2020

Jeff Bezos, Amazon’s Chief executive, has once again flexed his financial power by acquiring a Beverly Hills mansion in a $165 million deal. As the […]

Twitter Inc. (TWTR) Monetizing US Presidential Fund Raising

Trump’s Policies May Weaken Payday Lending Rules

Author: Ali Raza

Last Updated: December 16, 2020

In 2016, the payday lending rule was made into law because of its predatory high-interest rate of payday loans that could reach up to 652%. […]

Daimler’s Mercedes Boosts Sales, Profits Stall

Author: Ali Raza

Last Updated: February 11, 2020

In 2019, a German Multinational auto manufacturer, Daimler, reported a 64% drop in net profit. Surprisingly, it’s the biggest drop in profit for the past […]

Uber Tops Taxi-Hailing Rivals in India

Author: Ali Raza

Last Updated: December 16, 2020

Last year, the ride-hailing company, Uber, commanded about 14 million rides, making it the top ride-hailing firm with the best record last year. The firm […]

Tesla (TSLA) May Soon Start Production at Its Chinese Gigafactory

Tesla Gains Shanghai Government Support To Combat Coronavirus Production Drop

Author: Ali Raza

Last Updated: March 27, 2020

The Tesla electric automaker has quite recently set up a factory within Shanghai, the financial hub of China. Production has now been set to resume […]

Producer Of Pro-Brexit Documentary Film Gets Jailed For Fraud

Producer Of Pro-Brexit Documentary Film Jailed For Fraud

Author: Ali Raza

Last Updated: March 27, 2020

David Shipley, a film producer who took part in the Pro-Brexit documentary film, has been jailed for more than three. The sentence was in regards […]

Nokia Sees Major Profit Rise, but Still won’t Pay Dividends

Author: Ali Raza

Last Updated: December 16, 2020

The Finnish telecom firm, Nokia, recently decided to cut costs, which led to an unforeseen boost to its Q4 underlying profits. As a direct consequence, […]