Australia

The millionaires lost by Peruvians due to their permanence in Lima traffic

The millionaires lost by Peruvians due to their permanence in Lima traffic

Perhaps one of the many enemies of Lima, the capital of Peru, is traffic congestion. In simple terms, we can define it as a situation in which the number of vehicles in circulation exceeds the capacity of the existing road infrastructure.. The discomfort of those who travel the streets of Lima – although it is ...

Microstrategy falls on its Nasdaq 100 debut and buys US$583 million in bitcoin

Microstrategy falls on its Nasdaq 100 debut and buys US$583 million in bitcoin

Microstrategy fell 8.78% yesterday, to US$332.23in its debut on the Nasdaq 100, the index that brings together the main listed technology companies. The business software provider, which advanced 11.56% on Friday, arrives on the Nasdaq 100 with a revaluation so far this year of 450% and converted into a bitcoin depository that, in addition, offers ...

Why is Christmas renting setting a global trend this December?

Why is Christmas renting setting a global trend this December?

Christmas renting has gained momentum in recent years, especially during the end of year season, as an option for those looking to enjoy products and experiences without the financial commitment of a definitive purchase. Christmas renting is a consumption model that allows consumersrent products or services during the holiday season instead of buying them. This ...

Spanish government extends 'anti-takeover shield' for two years to limit investments

Spanish government extends ‘anti-takeover shield’ for two years to limit investments

The Spanish Government has extended for two years the so-called anti-takeover shield that seeks to protect strategic sectors from foreign investments. Thus, today the Council of Ministers approved the extension of the transitional regime for suspension of liberalization of certain foreign direct investments in Spainwhich is established in sections 2 and 5 of article 7 ...

Elon Musk puts the 'overloaded' Fed in the spotlight in search of efficiency

Elon Musk puts the ‘overloaded’ Fed in the spotlight in search of efficiency

Elon Musk, the multimillionaire charged with making the US government more efficient starting in January, has set its sights on the Federal Reserve. The central bank charged with protecting the world’s largest economy is “absurdly overstaffed,” he wrote. Musk on social media platform X. The remarks were part of a thread that started when someone ...

Bitcoin recorded its first weekly drop since Donald Trump's election victory

Bitcoin recorded its first weekly drop since Donald Trump’s election victory

Bitcoin marked its first weekly decline since Donald Trump’s election victory as the Federal Reserve’s cautious policy outlook moderated optimism about the president-elect’s adoption of the cryptocurrency sector. The largest digital asset fell 9.5% over the seven-day period to 10 a.m. Monday in London. A broader indicator of the cryptocurrency market, covering smaller tokens such ...

Tesla shares rise on report that Trump team plans federal rule

Musk and Trump’s deal makes Tesla a winner with a US$570 billion rally

Less than two months ago, Tesla Inc. shares were on track for their third year of losses in the electric vehicle maker’s decade and a half of trading.. But after a furious recovery in the last seven weeks, The stock is suddenly among the top performers in the S&P 500 Index by 2024. What happened ...

Honda and Nissan study mutual production of vehicles, according to the Kyodo agency

Honda and Nissan study mutual production of vehicles, according to the Kyodo agency

Honda and Nissan are considering the possibility of producing vehicles in each other’s factories. as part of their plan to strengthen ties and potentially merge, Japanese news agency Kyodo reported Saturday. Honda will study the possibility of supplying hybrid vehicles to Nissan as part of the plan, according to the report, which did not cite ...

Party City files for bankruptcy for the second time in a Déjà Vu of commerce in crisis

Party City files for bankruptcy for the second time in a Déjà Vu of commerce in crisis

Party City Holdco Inc. plunged into bankruptcy for the second time in two years and said it will begin closing its roughly 700 stores after sales faltered under the yoke of stubborn inflation. The New Jersey-based party supplies retailer filed for Chapter 11 bankruptcy in Texas, court documents show. In a separate statement, The retailer ...