How Amazon climbed to a $1 Trillion market value
05 September 2018 | 9:57 am
Ivan Feinseth, Tigress Financial chief investment officer, discusses Amazon.com Inc.'s $1 trillion market value with Bloomberg's Emily Chang and Brad Stone on "Bloomberg Technology."
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7 May 2022
More European businesses in China are looking to shift their investments due to the country's strict coronavirus lockdowns, according to the European Chamber of Commerce.
22 Jun 2022
Several cities in the country were thrown into darkness on Sunday, June 12 2022, following the collapse of the national grid for the sixth time in 2022. Here is how multiple national grid collapse is paralysing business activities in Nigeria.
5 Jul 2022
Leaders of the Economic Community of West African States (ECOWAS) on Sunday (July 3) lifted economic and financial sanctions imposed on Mali, after its military rulers proposed a 24-month transition to democracy and published a new electoral law.
27 Jul 2022
German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.
3 Aug 2022
The rail operator — which is Germany's biggest consumer of electricity — is offering bonuses of at least €100 to employees to try to save energy, urging them to find creative solutions of their own.
8 Sep 2022
US Treasury Secretary Janet Yellen says the US will support the restructuring of Sri Lanka's debt and will extend financing assurances to the country. This as Sri Lanka suffers its worst economic crisis in seven decades. We report on how fishermen are having to use oars instead of motors to set to sea. But first, we look at the EU's proposed plan to cope with the energy crisis, as well as discouraging data from China's export sector.
1 Oct 2022
Like many other world currencies, China's onshore and offshore Yuan both fell against the dollar on Wednesday, increasing the pressure on the People's Bank of China to intervene directly.
Ports in Africa lose vast sums of money because of corrupt port officials, inefficiencies, and poor infrastructure, among others. Corruption has affected economic growth and slowed the clearance and forwarding of goods.
The UK's central bank says it is widening a debt purchase scheme to stem a collapse in the government bond market. Britain's central bank said its aim was to ward off a "material risk to UK financial stability."
The British pound rebounded and the UK government's borrowing costs dropped after Chancellor Jeremy Hunt shredded the controversial "mini-budget." But some economists think the country is not out of the woods yet.
We look at the financial hardship facing women with breast cancer in Togo. The treatment falls outside the public healthcare system and many cannot afford to pay privately. But first, Zimbabwe becomes the first country in Africa to approve an injectable drug to prevent HIV transmission.
24 mins ago
The UK is the first new member and European country to join CPTPP, which is made up of 11 Pacific nations including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.
24 mins ago
A photo of an elderly Frenchman, battered and bloody from nationwide pension reform protests, is circulating online – but so are rumours that it's created by artificial intelligence. We take a closer look and also verify a viral photo of Pope Francis wearing a puffer jacket, in this edition of Truth or Fake with Vedika Bahl.
46 mins ago
This device is named MUA - after the sound people commonly make when blowing a kiss. It was invented by a Beijing startup, Siweifushe, to stimulate long-distance kissing. Zhao Jianbo, the inventor, said he was inspired to create the device because he couldn’t meet his girlfriend during the lockdown.
1 hour ago
Banksy painted "Brace Yourself!" for a British band whose name he wanted to use for a documentary film. Now the painting by the mysterious street artist has been auctioned off for a surprise amount.
2 hours ago
Paul Rusesabagina, whose efforts to save people during the 1994 genocide inspired the Hollywood film "Hotel Rwanda," has arrived in the US following his release from a Rwandan prison.
2 hours ago
The death of a popular rapper has prompted many young people in Mozambique to protest against the country's problems. The Mozambican state and the ruling FRELIMO party are responding with repression.