French govt opposes foreign group's takeover of Carrefour
Jan 14, 2021 20:36 pm UTC| Economy Business
France is opposing any takeover of retailer Carrefour by a foreign company to preserve its food security and sovereignty, said French Finance Minister Bruno Le Maire. According to Maire, the acquisition by a foreign...
South Korea hit by biggest unemployment record in 22 years
Jan 14, 2021 10:43 am UTC| Economy Business
South Korea has a healthy economy, thanks to tech companies such as Samsung and LG. The Kpop industry also played a big part in boosting the countrys financial resources after it entered the international...
Electric car sales in China reportedly skyrocket by 10%
Jan 14, 2021 10:15 am UTC| Business Economy
The electric car market in China is growing, and in fact, it was reported that the country achieved a 10% increase in its EV sales last year. The data was only revealed this week as the computation of sales cant be...
Dropbox is cutting its workforce by 11%; 315 employees are set to lose their jobs as COO steps down
Jan 14, 2021 10:04 am UTC| Business Economy
Dropbox is reducing its global workforce, which is bad news to those who will be affected. The companys CEO, Drew Houston, stated that the massive layoff is a crucial move on their end to keep the company afloat and make...
Business debt: hidden advantage for giant firms means economy has been K-shaped for decades
Jan 14, 2021 06:39 am UTC| Business Economy
When the COVID-19 pandemic first hit, it seemed like the day of reckoning for over-stretched corporate borrowers was finally at hand. For years, pundits and policymakers had been warning about a dangerous build-up of the...
Five economic effects from the Democratic sweep in Washington
Jan 14, 2021 06:32 am UTC| Economy Politics
Joe Biden will inherit among the most challenging political and economic environments of any US president. With America reeling from the storming of the Capitol by pro-Trump insurrectionists, not to mention a raging...
Federal financial aid for college will be easier to apply for – and a bit more generous
Jan 14, 2021 04:58 am UTC| Life Economy
Editors note: The Free Application for Federal Student Aid better known as FAFSA is being simplified through the omnibus spending bill that became law in December. The FAFSA is what students must fill out to receive Pell...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects