Chinese pressure pushes bitcoin below $30,000
Bitcoin fell below $30,000 Tuesday for the first time in more than five months, hit by China's crackdown on the world's most popular cryptocurrency.
Jun 22, 2021
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Business
News tagged with economic crisis
Business
Toshiba: Japan's troubled megacorp facing buyout drama
Once a shining symbol of Japan's advanced technology and economic power, Toshiba has been rocked by turbulence in recent years, facing scandals and losses before staging a recovery.
Apr 14, 2021
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Internet
Latin American newspapers bet on digital subscriptions
Facing a major slump in printed newspaper sales and advertising revenue, Latin America's press is fighting for survival—and increasingly betting on paid digital subscriptions as readers turn to the internet.
Jan 26, 2021
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Business
BlackRock opens door to bitcoin in boost for cryptocurrency
BlackRock, Wall Street's biggest money manager, is opening the door to investing in bitcoin futures in a potential boost for the controversial cryptocurrency.
Jan 21, 2021
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Internet
GoDaddy apologises for fake Christmas bonus email security test
US web company GoDaddy apologized Thursday after an email that promised employees a Christmas bonus in the midst of the economic crisis turned out to be a computer security test.
Dec 25, 2020
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Business
Dutch minister says survival of Air France-KLM 'not a given'
The survival of the Air France-KLM group is not guaranteed if the economic crisis caused by the coronavirus pandemic continues, Dutch Finance Minister Wopke Hoekstra warned Sunday.
Sep 13, 2020
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Continental expands restructuring, hitting 30,000 jobs
German auto-parts maker Continental said Tuesday that it would expand its vast restructuring programme to affect 30,000 jobs, as the coronavirus pandemic ravages global vehicle production.
Sep 1, 2020
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Business
Uber calls for new deal for 'gig economy' workers
Uber outlined proposals Monday for a new type of relationship with "gig" workers, including its own drivers, that would keep them as independent contractors but with some guaranteed benefits.
Aug 10, 2020
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Consumer & Gadgets
Samsung upgrades folding smartphone in move to rev up sales
Samsung on Wednesday unveiled a second-generation folding smartphone along with other new gadgetry aiming to jump-start sales in a market hit hard by the global pandemic.
Aug 5, 2020
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Business
For one Ukrainian startup, coronavirus means business is booming
The headquarters of Dmytro Voloshyn's startup in the historic centre of Kiev is eerily quiet. But online, his business is busier than ever.
Apr 22, 2020
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Financial crisis
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.
Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.
This text uses material from Wikipedia, licensed under CC BY-SA
