The war in Ukraine, inflation, interest rate hikes and geopolitical tensions across the continent are the main reasons for the Tech market’s value loss.
With a $220B estimated cost, Qatar has hosted the most expensive World Cup ever
The former FIFA president Sepp Blatter said to the Swiss newspaper group Tamedi that the decision to let Qatar host the World Cup tournament was a “bad choice.” The reason he stated was: “It’s a country that’s too small,” and “Football and the World Cup are too big for that.”
Tesla’s lost market cap in one year is greater than the combined market caps of Coca-Cola and PepsiCo
Tesla’s market capitalization has fallen by about $670 billion, from more than $1.2 trillion to $530 billion in the past year. This is an unprecedented drop in the stock market.
Amazon officially launched a virtual clinic for common health conditions
Amazon has expanded its presence in the health care sector by officially launching a virtual clinic on November 15, . The virtual health care platform aims to treat more than 20 common health conditions, such as allergies, acne, and hair loss.
Thanks to Estée Lauder’s acquisition of his brand, Tom Ford has now officially become a billionaire.
On November 15, The Estée Lauder Companies Inc. (ELC) signed an agreement to acquire the leading high-end fashion and beauty brand Tom Ford. As a…
Vietnam is expected to grow its GDP by more than 8% for the full year of
At the Government’s Fourth session, reporting on the results of the implementation of the Socio-Economic Development Plan in , the Vietnamese government announced that in…
An overview of the FTX crisis. The price of cryptocurrencies plummeted
FTX’s fall is causing a big shake in the crypto market pushing the price of BTC down to below $16k/BTC, a new 2-year low. The…
Europe’s tech industry plugged in for cross-sector success
The technology industry is a key economic factor for Europe, representing sales of €1.5 trillion and more than 8% of European economic output. Even during the COVID-19 pandemic, the industry’s gross output continued to increase.
Vietnam reached nearly $5 billion of FDI in the first two months of
According to the Ministry of Planning and Investment’s Foreign Investment Agency, registered foreign direct investment into Vietnam up to February 20, reached nearly 5 billion…
Warren Buffett’s holding company, Berkshire Hathaway, invests $1 billion in the crypto-friendly digital bank
According to an SEC filing dated February 14, in the fourth quarter of 2021 the Warren Buffett-owned holding company purchased a $ 1 billion stake…
