Business

Russia makes digital Roubles push amid sanctions

Russia said on Thursday it intends to have an "advanced" rouble fit for preparing worldwide installments by the following year and furthermore needs to grow the number of nations that acknowledge its Visa-and Mastercard-style banking cards that are administrated...

China Securities Regulator Bans Brokers From Using ‘Feng Shui’ To Predict Stock Market moves

Despite Beijing's promises to ease up on its crackdown on Chinese financial markets, Reuters recently reported that the country's top securities regulator has launched a crackdown on brokerages using feng shui - an ancient Chinese tradition - to predict...

The west is not prepared for an economic war with Russia

The year has started off on quite a strange note, especially from a geopolitical perspective. If you are in the western world and you are in a somewhat functioning society you are probably already informed on the ongoing crisis...

Twitch clamping down misinformation

Twitch is updating its misinformation policies to pressure those who are deemed to have been spreading misinformation on its platform. They stated on their blog post, “Every day, people come together on Twitch to build communities that celebrate a variety...

Amazon closes 68 physical retail stores

Amazon is putting a stop to the expansion of its physical stores. Reuters confirmed that the company is closing 68 brick-and-mortar retail stores across both the U.S. and U.K. Amazon launched its first physical bookstore in Seattle back in...

Russian banks will be cut from SWIFT

Things start to escalate in this war as UK Prime Minister stated that Russian banks will be cut out from Swift. This is a very huge move and it’s hard to tell what will happen next from here on...

Russia vs Ukraine: We are all losers

Russia and Ukraine are currently in a conflict as the world watches on the sidelines to see the possible outcome. There are no clear winners in this war and even if externalities are looked at, the world economy is...

Jamaica increases national minimum wage, a short-term patch for a long-term problem

Karl Samuda, Jamaica’s Labor Minister, announced in a virtual press conference held on February 22, 2022, plans to increase the minimum wage by approximately 28.5%. Persons who earn minimum wage will see an increase from $7,000jmd to $9,000jmd. Also,...

Peloton CEO finally resigns

John Foley declared that he is venturing down as CEO. Spotify's previous CFO Barry McCarthy will step into his role. Peloton which could be seen as a pandemic stock has been cooling off over the last year as bans...

Google faces anti-trust challenge in Texas

Google documented a movement Friday requesting that a government court excuse a large portion of the includes in an antitrust claim drove by the territory of Texas. In the documentation, the organization contended that the Texas claim isn't "sound"...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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