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Business
Bitcoin Bounces Back After A Dip Below $30,000
Cryptocurrency bitcoin gained a lot of value on Wednesday. That happened after a dip to below $30,000 a day earlier, with which the entire profit of this year disappeared. The coin gained almost a fifth in value to more than 34,000 dollars,…
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Strongest Growth in Eurozone Economic Activity in 15 Years
Eurozone economic activity shows its strongest growth in 15 years in June as the recovery from the corona crisis gains momentum. British market researcher Markit reported this. The growth is mainly driven by the further relaxation of the…
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GlobalFoundries Invests Billions in New Chip Factory Singapore
The American chip company GlobalFoundries has earmarked 4 billion dollars to construct a new chip factory in Singapore. According to the group, the new production location should help to meet the solid demand for chips.
In addition…
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Gold Price Shows Some Recovery After Sharpest Drop in 15 Months
The price of gold rose on Monday after last week saw its most significant weekly decline since March last year. Bargain hunters seem to be taking advantage now that the precious metal has fallen sharply in value.
The gold price…
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Australia to World Trade Organization Over China Wine Tax
Australia will drag China before the World Trade Organization (WTO) because of the import tax that the Asian country has imposed on Australian wine.
This threatens to plunge the already deteriorating relationship between Australia…
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Renault Agrees With Unions on Working from Home
The French car group Renault has signed an agreement with the unions about working from home.
As a result, thousands of company employees can work from home for up to three days a week if they wish.
About 20,000 Renault employees…
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Minister Yellen Urges G20 to Support the Tax Plan
US Treasury Secretary Janet Yellen urges the G20 to support the global minimum tax rate of 15 percent.
A summit of G20 finance ministers and central bank governors will occur next month in Venice, Italy, where that tax plan will be…
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Software Company Adobe Continues to Benefit from Working from Home
Software maker Adobe has significantly increased its profit in the past quarter, which ran until the beginning of June at the maker of photo editing software Photoshop.
Not only were more subscriptions sold to creative and digital…
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