Business

IKEA focuses more on online shopping with a new app. IKEA shifts the focus from department stores to online shopping. The Swedish department store is coming soon with a new app that should make online shopping a lot easier. With…
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According to CEO Musk, Tesla is well on its way to Breaking its Record. According to CEO Elon Musk, Tesla is well on its way this quarter to deliver more than 90,700 cars to its customers. It would break the car manufacturer's record.…
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Ford fires 10 percent of the office staff. Ford fires 7,000 paid employees, which is 10 percent of the office workforce. CEO Jim Hackett informed the staff by e-mail on Monday, according to the reports. It would save the automaker…
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Uber Share drops Further on the red American Trading Day. Uber's share fell further in value on Monday after the opening of the New York Stock Exchange (NYSE). It concerned a drop of more than 10 percent. Last Friday the company…
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Price Bitcoin by 6,000 dollars Limit. The price for a bitcoin on Thursday rose above 6,000 dollars, the highest level against the dollar since November 15. The cryptocurrency may receive a boost from larger parties that offer more…
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Marcel Boekhoorn converts HEMA's debt into Shares. Marcel Boekhoorn and his investment company Ramphastos Investments reduced HEMA's debt by 88 million pounds by converting the loans into shares. Ramphastos announces that the…
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Zalando Attracts more Customers who buy more Together. The European online fashion store Zalando saw the number of customers increase in the first quarter of 2019 compared to a year earlier by 14.1 percent to 27.2 million. The…
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Tesla CEO Elon Musk arranges Twitter behaviour with Stock market Watchdog SEC. Tesla CEO Elon Musk has reached an agreement with the American stock market watchdog SEC on Friday about his Twitter behaviour. Musk is no longer…
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Primark Sees a Profit increase by a Quarter over the last Six Months. Budget clothing chain Primark has performed strongly in the past six months, the company reports Wednesday. The retail chain saw its profit grow by 25 percent to…
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Police Arrest ten Former employees Danske Bank in Money laundering Case. The police in Estonia arrested ten former employees of Danske Bank in connection with the massive money laundering affair at the Danish bank. They are suspected of…
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