financial
Economy
Gold and Bitcoin Peaks: Are We Heading to Another Dot-Com Bubble?
The stock markets have been on the rise recently, with major indexes like the S&P 500 and Nasdaq hitting record highs. At the same time, speculative assets like bitcoin and gold have also surged to new peaks.
While many investors...
Business
Amazon to Fire 18,000 Staff to Cut Costs
Amazon is planning to lay off more than 18,000 employees to cut back on costs. It will be the largest dismissal of workers in the firm's 28-year history.
It has not yet been announced where the job losses will occur,...
Australia
How an Idea Born in Greece Transformed Australia’s Loans Market
An idea born in a recession-hit Greek bank is making waves on the other side of the world, putting power into the hands of the consumer in the loans marketplace.
Lodex, co-founded by Agrinio native Bill Kalpouzanis who is now its...
Economy
ECB Lowers Cap on Emergency Funding for Greek Banks by 2.5 Billion Euros
The European Central Bank (ECB) lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 2.5 billion euros to 58.6 billion euros, the Bank of Greece (BoG) said on Thursday.
The move reflected...