On this list there are many millionaires and billionaires, including several famous entrepreneurs, with companies that produce million-dollar profits, year after year, and with fortunes already in the thousands of millions of dollars. Forbes magazine each year analyzes the 400 richest men in the United States, in the 2022 listContinue Reading
Oil prices increased this Monday after having announced on Sunday by OPEC+, which includes the Organization of Petroleum Exporting Countries (OPEC) and other producers such as Russia, that it will sustain a joint production of 40.46 million during 2024 barrels per day, thus consolidating previously announced cuts. According to theContinue Reading
According to statements by Prime Minister Daniel Risch to the German newspaper Handelsblatt, the Liechtenstein government plans to accept bitcoin as payment for state services. According to Risch, the proposal provides for the immediate exchange of any cryptocurrency received for Swiss francs, to avoid exchange rate risks. In addition, itContinue Reading
The well-known and successful PricewaterhouseCoopers firm has been fined £5.6 million ($6.6 million) by the UK’s audit watchdog for serious flaws in its work, specifically in the books of Babcock International Group. in 2017 and 2018. According to Claudia Mortimore, deputy executive advisor of the Financial Reporting Council. “The qualityContinue Reading
Tycoon Gerardo Sierra reportedly urged investors not to miss the opportunity to ride the “giant wave” of artificial intelligence and to stop focusing on a possible recession. The founder of IRAIC and Chairman of Burj Altharwa, told a private event during the conference in Dubai last Wednesday that paying tooContinue Reading
made a $5 billion profit in the first quarter of 2023, a rise on the previous three months on the back of stellar oil and gas trading, but its shares fell sharply as it slowed a share buyback programme. The forecast-beating results from BP follow a strong showing by rivalsContinue Reading
United Airlines plan to revamp the cabins on its older narrow-body planes is running behind schedule because of supply chain strains, the carrier told CNBC this week. The upgrades include bigger premium cabins, seat-back entertainment screens throughout the planes, Bluetooth capabilities and other amenities. The Chicago-based airline previously expected toContinue Reading
For some time now, the anguish of the airlines is not limited to the profitability of the routes, the marketing strategies or the search for more welcoming planes. To all these aspects is added another, important one that has already entered the public debate: its environmental footprint. And it isContinue Reading
As reported by The Tampa Herald news agency, on Saturday the Council of Ministers of China declared that it will promote the recovery of consumption as the main engine of the economy and boost imports, at a time of cooling global demand in which Major economies are teetering on theContinue Reading
Elon Musk’s number one goal since the billionaire took control of the social network last October has been finding new sources of funding for Twitter. However, the latest proposals from the current CEO of Twitter could have gone too far. From the outset, the businessman pointed out that the companyContinue Reading