The number of unemployed people in France has hit a new record, jumping by 3.5 percent since April of last year. A total of 3,364,100 people are jobless in mainland France, totaling 10.2 percent of the whole workforce. Everybody is now looking towards president Francois Hollande who hopes that by reducing ... read entire article »
Apple is going to make Dr. Dre the first hip-hop billionaire as it confirmed that it intends to buy Beats Electronics for $3 billion. Although the sum has slightly dropped from the $3.2 billion initially announced at the beginning of the month, with Dr. Dre's 25% ... read entire article »
The new military leaders in Thailand have urgently tackled the economical problems the country faces. After a 2.1 percent drop in the country's GDP during the first months of the year, Thailand finds itself on the brink of reccession. To top that, the last six ... read entire article »
Hungary, EU's most indebted nation, has lowered its interest rates from 2.5% to 2.4% in an attempt to boost the country's economy. This marks the twenty second successive monthly reduction that began with a peak of 7% in August 2012. Recently, the Hungarian ... read entire article »
Personal technology began rising at high speeds about a decade ago or so and the minds that orchestrated this trend are now richer than some small countries. I-giants, date base companies or gadget companies pushed a few men between the richest of them all. ... read entire article »
November of last year saw one of the most expensive auctions to ever take place in the world of art. The New York-based auction house, Christie's, sold some of the most valued and most valuables pieces of art from contemporary history. Artists like Andy Warhol ... read entire article »
Italy plans to include illegal activities such as drug sales, prostitution and cigarette smugling, in its GDP figures in an attempt to boost the country's economy. The EU's Statistical Agency estimated that the contribution of illegal activities will increase ... read entire article »
The Bäden yacht, worth around $10 million, capsized on its first contact with water. The boat was in the proccess of being delivered to its owner, whose identity was not disclosed, in Washington State. When the crew members put the Bäden into shallow water ... read entire article »
France recently bought 2,000 shiny new trains worth around $20.5 billion. So far, so good. The problem hit when someone from the national rail operator realized that most of the country's 1,200 train stations were too narrow to fit the new trains. A ... read entire article »
Bloomberg's 2014 rich list brought a few surprises at the top. The “surprise” was found on the ninth spot and her name is Christi Walton. She is the richest woman in the world with an estimated fortune of 38.5 billion dollars. She is the widow of John T. ... read entire article »
Numerous foreign aid teams have speard across Bosnia and Serbia and begun pumping flood water out of towns and helping in any way they can. As people start rebuilding what they can of their pre-flood lives, the costs needed to do that overpower the two ... read entire article »
Serbia and Bosnia called for European help after the two small countries were hit by devastating floods. The first one to respond was tennis player Novak Djokovic. The best Serbian tennis player has donated his entire prize money for winning the ATP Masters in ... read entire article »
At least 110 billion euros are generated every year from 21 million forced laborers who are not payed or underpayed workers, according to the International Labor Organisation (ILO). 2012 figures released by ILO showed over half of all forced laborers are in the ... read entire article »
A yellow 1970's DBS that was featured in the 'Persuaders' TV-show sold at the record price of $897,347 at this weekend's 15th annual Bonhams Aston Martin Sale in the UK. The car was put out for sale at the auction for the first time in 40 years, after appearing ... read entire article »
A 33 year old man in Stuttgart, Germany was hit by pure luck. He lost a bag containing 18,000 euros in an odd fashion. The tradesman called local police to announce it. He said he approached his vehicle, left the bag full of money on the roof of the car and drove ... read entire article »
According to Bloomberg's 2014 rich-list, Amancio Ortega is the richest man in Europe. He is the largest shareholder at Inditex, the world's largest clothing retailer and the parent of Zara fashion. His fortune is estimated at 62 billion dollars. He is also the ... read entire article »
Dmitry Rybolovlev, a Russian oligarch so rich that his daughter bought the most expensive apartment in New York only to have a place to stay when she visits the city, lost half of his wealth to his now former wife, in a divorce case. The Russian, ranked 147th on ... read entire article »
Spanish authorities tried almost anything to save the country from the financial crisis and also to save the real-estate business that was one of the most affected in Europe. So, in 2013, the government introduced a law that gave any man who acquired a property ... read entire article »
Lat week everyone was talking about the Apple – Beats Electronics deal, now Youtube managed to push aside that deal. Allegedly, the Internet giant has agreed to acquire video game streaming service Twitch for 1 billion dollars. According to Variety, it will be ... read entire article »
Anton Purisima, a man who lives in New York, had a rather bad day after he got bitten by a dog on a city bus, was annoyed by a Chinese couple taking his photograph while he was being treated and, to top everything, he paid an overcharged price for coffee at the ... read entire article »
