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Wednesday, July 02, 2024
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Business

Former executive leaves Yahoo $58m short

Former chief operating officer, Henrique de Castro, who was recently fired from Yahoo due to his poor performance on the job, left the company, after 15 months on the job, with $58 million dollars richer. Although Yahoo mentioned that Castro would receive a severance package, they did not disclose the amount until ...
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More News

Largest bison farm opened in Romania

Largest bison farm opened in Romania

The biggest bison farm in Europe was opened in the Dejani Cristur village in Cluj county, with an investment of €1.5 million. The farm houses nearly 300 animals and covers an area of ​​500 hectares. The investment company belongs to BT Bison Ranch ... read entire article »
Man builds dream house with $9000

Man builds dream house with $9000

Steve Areen built a dome house in just six weeks, using almost entirely natural materials and the total cost of construction was under $9,000. The rules are not so strict in Thailand, so Steve did not need approvals for construction, which has shortened the ... read entire article »
The Cadbury Oompa-Loompas

The Cadbury Oompa-Loompas

Cadbury is a Britain located confectionery company ranked second best, next to Wrigley’s. The Dairy Milk Chocolate, the Creme Egg and the Roses selection box is what Cadbury is best known for. They manage to maintain their high standards for quality through ... read entire article »
Tourism: the Greek bailout

Tourism: the Greek bailout

Tourism is the engine that got the Greek economy out of the recession of the last six years, last year the country being visited by a record number of 18 million tourists, the authorities expecting 2014 to be an even better year, reports Bloomberg. The ... read entire article »
Major cuts in France

Major cuts in France

The French Prime Minister Manuel Valls announced, on Wednesday, the freezing of welfare and maintaining a similar measure for the salaries of civil servants, in force since 2010, in a savings plan of €50 billion, aimed to reduce budget expenditures by 2017. ... read entire article »
Best payed jobs

Best payed jobs

A new day, another reason to become better at math. This is where the Wall Street Journal begins its story about the best paid jobs this year. The publication cites a ranking of the best and worst trades made ​​by CareerCast.com website, specialized in search ... read entire article »
Google drones, coming soon

Google drones, coming soon

The Silicon Valley based company acquired, on Monday, Titan Aerospace, a young company founded in 2012 that constructs high-altitude, solar-powered drones. The purchase is explained by Google’s ambition to ease Internet access delivery to underdeveloped ... read entire article »
China's economy is growing

China's economy is growing

China's economy grew by 7.4% in the first quarter over the corresponding period of last year. This is the most moderate economic growth rhythm in the past year and a half, says Bloomberg. The evolution exceeded economists' expectations, anticipating a growth ... read entire article »
No more free ads on Facebook

No more free ads on Facebook

Changes recently made to the Facebook interface and the way users receive news feeds are making it harder for small businesses to get their customers see new updates. Just clicking the Like button doesn’t necessarily keep you up to date with all the posts on a ... read entire article »
Mistakes entrepreneurs do

Mistakes entrepreneurs do

The major mistakes that entrepreneurs do in business, were gathered in a campaign to support entrepreneurship. Here are the most common mistakes entrepreneurs usually do: 1. They attach too much. There are a lot of businesses that fail, just because their ... read entire article »
Bank of Ukraine increased interest rates

Bank of Ukraine increased interest rates

Ukraine's central bank increased its benchmark interest rate on Monday night, for the first time in the last eight months, in an attempt to support the country's currency, the hryvnia, and limit inflation in the context of the worsening of the political crisis. ... read entire article »
Samsung's domestic reality

Samsung's domestic reality

A very controversial issue has been going on in South Korea for some time now. On one side there are factory workers and their families and, on the other side there is Samsung, Korea’s biggest and most influential company. Line workers, especially those working ... read entire article »
France reduces bureaucracy and company costs

France reduces bureaucracy and company costs

A commission set up in France to help reduce the bureaucracy in the economy announced 50 measures that should lead to decrease the corporate costs with billions of euros, by eliminating certain absurd provisions as bakers obligation to inform the police about ... read entire article »
$5,000 to quit Amazon

$5,000 to quit Amazon

In an attempt to make workers take a moment and think about what they really want to do and what they are doing, Amazon offered them $5,000 to quit their jobs. This strategic move is part of a program called Pay to Quit. Every year, workers are given a sum of money ... read entire article »
Nigeria, Africa's number one economic power

Nigeria, Africa's number one economic power

Nigeria beat South Africa and proclaimed to be the strongest economy on the African continent and the 26th largest economy in the world, after the Government published the revised statistics, they showed that the country's GDP reached 89% higher than the initial ... read entire article »
BlaBlaCar: hitch-hiking 2.0

BlaBlaCar: hitch-hiking 2.0

The story behind the Blablacar company is common enough for us all to relate to. Three days away from Christmas, 2003, Frédéric Mazzella was in a rush to get his family home at a 300 miles distance from Paris but, unfortunately, all the trains were full. ... read entire article »
Greece will still need help

Greece will still need help

Recession continues in Greece, which has lost 25% of the GDP in the last six years, following the country's need for a new financial aid from the euro zone in the next two years, said the head of the IMF's European department, Reza Moghadam, according to Reuters. ... read entire article »
PayPal protection covers intangibles

PayPal protection covers intangibles

PayPal has decided to extend their buyer-protection services to also cover intangible products such as services and digital goods. In addition, customers will also enjoy a longer time to report any issue they might encounter. The decision came as a response to ... read entire article »