Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

3 Comments

Uncategorized

The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

2 Comments

Uncategorized

Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

1 Comment

Fintech

Amsterdam’s fintech unicorn bunq reports €53M net profit in 2023, reapplies for UK license

Amsterdam-based bunq, the second largest neobank in Europe, announced that in 2023, it achieved a net profit of €53.1M, showcasing the success of its sustainable business model. The company plans to use […]

Security

Cybersecurity Monitoring: The Robot Every Organisation Needs on their Payroll

Let’s clear something up, there’s no organisation or industry in the world that doesn’t appeal to cyber criminals. But why is that? Well, where there’s data, there’s opportunity, and organisations hold a […]

Evergrande’s liquidation is a new low in China’s property crisis

“Enough is enough,” declared a Hong Kong judge on January 29th of Evergrande, a failing Chinese property behemoth, and its two-year struggle to avoid repaying its creditors. In a landmark ruling, the […]

Your pay is still going up too fast

Central bankers are entering the final stretch of their quest to defeat inflation. Rich-world prices are rising by 5.4% year on year, down from a peak of 10.7% in October 2022. Although […]

What Donald Trump can learn from the Big Mac index

Little is more symbolic of globalisation than a McDonald’s hamburger. The American fast-food chain opened its first Chinese branch in 1990. The outlet was in Shenzhen, a small town just across the […]

Why sweet treats are increasingly expensive

When Russia invaded Ukraine in 2022, the arrival of war in one of the world’s breadbaskets sent the price of foodstuffs soaring—with one exception, sugar. But last year was worse for folk […]

How American states squeeze athletes (and remote workers)

Sports are big business in America. The country’s four largest professional leagues generate about $45bn in revenues a year, more than half of the total produced by leagues worldwide. That makes for […]

Fintech

German fintech Mondu bolsters European expansion plans with additional €30M debt funding

Berlin-based Mondu, a B2B payments company, announced that it has secured an additional €30M in debt financing from German bank Vereinigte Volksbank Raiffeisenbank (VVRB). This funding adds to the €20M secured in […]

The false promise of friendshoring

Each year the 193 member states of the United Nations General Assembly vote on dozens of resolutions, earnestly setting the world to rights. Last month, for example, they voted in favour of […]

Investors may be getting the Federal Reserve wrong, again

The interest-rate market has a dirty secret, which practitioners call “the hairy chart”. Its main body is the Federal Reserve’s policy rate, plotted as a thick line against time on the x-axis. […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST