Stock markets in New York opened Friday without major price movements. Investors’ attention will include the latest US consumer confidence figures. The University of Michigan gauge will indicate how consumers view the economic situation later on Friday. Last month, US consumer confidence took another hit, to which the stock […]
Business
US President Joe Biden will talk to top executives of large companies in the White House on Wednesday about his plans for a corona vaccination obligation. These include companies such as entertainment and media group Walt Disney, software producer Microsoft and drugstore chain Walgreens Boots Alliance. Last week, Biden […]
Luxury hotel Chedi Andermatt will accept digital coins as a means of payment. As a result, a stay at the hotel in the Swiss Alps can be settled with bitcoin or ethereum. Later on, it may also be possible to pay with other crypto coins. An overnight stay in […]
McDonald’s is without milkshakes in all its UK branches due to supply problems. They have therefore been temporarily removed from the menu. The fast-food chain also has no drinks that are normally supplied in bottles in the approximately 1250 restaurants in England, Scotland and Wales. More retail and hospitality […]
Internet giant Amazon would like to open several department stores in the United States. That writes the American business newspaper Wall Street Journal. The Wall Street Journal cites sources within the company. Amazon, which already operates smaller brick-and-mortar stores, has so far declined to confirm the report. The first […]
Reddit, the online message board where users can chat about various topics, expects to raise $700 million in a new investment round. The company is worth more than $10 billion on paper. The company says it wants to use the money for “strategic investments”, especially internationally. In doing so, […]
Samsung executive Lee Jae-yong, who is being held in South Korea after being convicted of bribery and embezzlement, has been released on parole. South Korea’s justice department reported that the driver is expected to leave prison by the end of the week. Reasons for his parole include good conduct […]
The eurozone economy has emerged from recession in the second quarter, thanks to the easing of corona measures and the global economic recovery from the corona crisis. According to new figures from the European statistical office Eurostat, growth was back in the second quarter, after two previous quarters of […]
Over the next two years, the ECB will extensively explore the possibilities of a digital euro. But, according to the bank, the first experiments are positive. The European Central Bank wrote a report on the digital euro nine months ago and has since successfully conducted some experiments. “This made […]
British police seized another record amount of cryptocurrency. The catch is part of a significant money-laundering investigation. Criminals would try to mask their own criminal practices with digital coins. At the end of June, the London police already found a record amount of 114 million pounds in suspicious cryptocurrency; […]