Article by alir1272
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.
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 […]
Three Things Bezos Plans to Do with his $10bn Climate Change Fund
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
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 buys Beverly Hills mansion in $165 Million Record Deal
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 […]
Trump’s Policies May Weaken Payday Lending Rules
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
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
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 Gains Shanghai Government Support To Combat Coronavirus Production Drop
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 Jailed For Fraud
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
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, […]