Business

Bitcoin Worth more than 7,850 Dollars, the Highest rate in nine Months. The price of 1 bitcoin exceeded the 7,850 dollars on Monday around 6:50 PM. It is the highest rate since August 2018. The virtual currency was worth 12.5…

"Uber will offer Shares for a relatively low Price." Uber Technologies does not seem to be going too high with its IPO. The taxi company tends to offer its shares for a relatively low price, according to reports. The shares are…

Mastercard and Visa charge Lower rates under Pressure from Brussels. Mastercard and Visa will reduce the rates they charge retailers for the processing of payments by consumers from outside the European Union (EU) by 40 percent. …

Damage Of at least 1 Billion dollars for Boeing by 737 MAX. Boeing is claiming a loss of at least 1 billion dollars due to problems with the 737 MAX of the group. The company said this when presenting the figures for the first…

Brexit Puts a Massive Burden on the German Economy. The Brexit is a massive burden on the German economy and is expected to cost half a percent of economic growth if the British leave the EU without agreement. This is what President…

LG Claims 55 million pounds from Philips after a Penalty for price Agreements. The South Korean electronics manufacturer LG Electronics claims 55 million pounds from Philips because of the fine they received for prohibited price agreements…

EU Commissioner: Ryanair must Comply with European Legislation. EU Commissioner Marianne Thyssen (Work and Social Affairs) stated Tuesday against Ryanair boss Michael O'Leary that the airline must comply with European law. "Respect…

The British central bank Increases Interest rates for the Second time Since the Crisis. The British central bank, the Bank of England (BoE), has increased interest rates to 0.75 percent. It is only the second time since the…

European Companies react Relieved to avert a Trade War. European industry reacts positively to the agreements made by US President Donald Trump and European Commission President Jean-Claude Juncker in Washington. Both superpowers…

ING lowers Variable Savings rates as the First large Bank to 0.03 Percent. ING reduces the variable interest rate on savings accounts from 0.05 percent to 0.03 percent. ING is the first major bank in the Netherlands that does that, reports…