BUSINESSES

Ethiopia to break Up Ethio-telecom’s Mobile Payments Monopoly

In a move that could revolutionize the way people in Ethiopia do business, the government has granted a mobile money…

2 years ago

War in the EV market as Tesla slashes prices again

Tesla has announced price cuts for the second time this year in a renewed bid to outprice competitors and stimulate…

2 years ago

The Billionaire who is giving away his Billions – Patagonia founder giving company away to fight climate change

Yvon Chouinard, the billionaire founder of the outdoor clothing brand Patagonia has announced his intention to give away ownership of…

2 years ago

Uber prices in London set to increase after high court ruling

Following a high court ruling about Uber's relationship with their customers, the price of each ride may be about to…

3 years ago

Why does the recession proof Coca-Cola have so much cash?

As economies around the world continue to be shattered by the economic consequences of Covid-19, millions of business have found…

4 years ago

Toilet paper manufacturer gets the go ahead to fill the shortage

One thing we will learn from this pandemic is that when people see a crisis coming, they buy A LOT…

4 years ago

British Supercar manufacturer McLaren to cut more than 25% of their workforce

As the world’s economies continue to reel from the damage caused by the spread of Covid-19, Supercar manufacturer McLaren is…

5 years ago

Deflation in Canada: why economists will tell you that falling prices is not something to be happy about

The inflation rate in Canada entered negative territory in April, as year-on-year inflation was measured at -0.2%. This essentially means…

5 years ago

Declining rate of retail sales at a historic low as consumer confidence plummets in the US

The latest in a long list of ‘historic lows’ since Covid-19 wiped out the global economy is the total collapse…

5 years ago

The more you sell the more it costs: Amazon have record sales but are paying the price for it

In this crazy new world we live in where everybody stays at home, one company which has benefitted hugely and…

5 years ago

A tale of two businesses: winners and losers of a global lockdown

Netflix and chill? Yes please, but not with a Coca-Cola.Recent announcements from these two corporate giants have given us an…

5 years ago

Unemployment claims in the US have risen to 22 million

Since the US economy was essentially shutdown four weeks ago, the economic fallout has been tremendous and devastating. With businesses…

5 years ago

Loo roll over Louis Vuitton: luxury brands amongst the hardest hit by Covid-19

The global fashion industry, valued at over US$2 trillion, has been hit extremely hard by the worldwide spread of Covid-19,…

5 years ago

Singapore to inject another US$3.6 billion into the economy as coronavirus cases spike

The government of Singapore has announced an additional US$3.6 billion to support the economy as the city state sees coronavirus…

5 years ago

Minimum wage in the UK increases by 6.2%

As of Wednesday this week, national minimum wage in the UK has increased by 6.2% for those aged 25 and…

5 years ago