China’s central bank said it is investigation market manipulation, money laundering and unauthorised financing. Chinese exchanges trading in currency have seen the price of Bitcoin fall more than 18%. Beijing is trying to crack down on money flowing out of the country illegally, as yuan’s weakening has prompted several people in China to try to…
Supreme brand Louis Vuitton unveiled its collection last month, and especially young rich people in London, Los Angeles, and Tokyo camped overnight outside stores hoping snap up the designer T-shirts and Hoodies, with Louis Vuitton stamp of approval. Many wanted to make a quick buck by reselling these valuable highly coveted name on the eBay…
The Wisdom Of Finance gives a new perspective on one of the world’s most misunderstood professions. Is there really wisdom in finance? Non-finance might argue that financiers are a greedy and reckless bunch of selfish and wealthy people who are reckless and lawless. Mihir Desai, an asset manager who teaches at Harvard business and law…
Third seed Swiss, Roger Federer became the first man to win Wimbledon eight times and extend his record to 19 Grand Slam titles with victory over Coratia’s seventh seed Marin Cilic, 6-3, 6-1, 6-4. Cilic struggled with a blister on his left foot and broke down in tears during second set. Thirty-five-year-old Federer, finished the match…
Garbine Muguruza, 23-year-old, Spaniard, beat her “role model” Venus Williams to win her first Wimbledon final. Muguruza, who had failed to reach a final in the 23 tournaments since she won the French Open last year defeated five-time champion Williams 7-5, 6-0 and became the second Spanish woman to win the Wimbledon singles title. Muguruza…
Samsung to displace Intel Corp from the No. 1 spot in Semiconductor sales. Samsung Electronics reports record quarterly profit on the back of sales of memory chips and display panels for the quarter ending in June 2017. The Korean Electronics giant have overtaken Intel as the largest chipmaker thanks to neverending de3amnd for chips…
The world of money is making people go round, as households and organisations have to deal with everchanging economies and payment systems like bitcoin and Applepay. You may ask what is money and how dow we make any sense of it? Three eminent Sociologists Nina Bandelj, Frederick Wherry and Viviana Zelizer, edited Money Talks, and…
JK Rowling is the highest-earning author in the world according to US business magazine Forbes. The Harry Potter writer amassed £170m ( $300m) last year after she wrote her first best-selling books about the boy wizard in 1997. She beat the literature’s next biggest earner, James Patterson, of Along Came A Spider fame by six…
A thirty-two-year-old woman gave birth to a baby boy, around 2:30 am on June 129th 2017, in an ambulance, surrounded by 12 lions including three males from adjacent forest, who created an impromptu road block. Lions appear to stage a road block after their kill and were too full and too lazy to move off…