Business
European aerospace giant Airbus said Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.
Feb 14, 2019
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Consumer & Gadgets
True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance—the world's largest crypto exchange—US$4.3 billion (£3.4 billion) for its involvement in money laundering.
Dec 1, 2023
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Energy & Green Tech
For the first time, world demand for oil, gas and coal is forecast to peak this decade due to the "spectacular" growth of cleaner energy technologies and electric cars, the International Energy Agency's chief said Tuesday.
Sep 12, 2023
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32
Business
The nearly overnight collapse of Silicon Valley Bank has left the US tech scene in shock, wondering how one of its most valued institutions could vanish so suddenly, shunned by the companies that used it most.
Mar 14, 2023
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5
Business
MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses ...
Jan 23, 2023
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11
Business
Financial contagions can be triggered easily, if conditions are right. First one financial institution falls and then others follow, like a chain of falling dominoes.
Dec 22, 2022
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14
Business
Just days after cryptocurrency's third-largest exchange collapsed, the public is starting to get an idea of how messy FTX's bankruptcy case could be. Other crypto firms are failing as a result of FTX's unraveling, events ...
Nov 16, 2022
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4
Business
The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilize to save it.
Nov 15, 2022
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3
Business
Before Texas Instruments Inc. selected Sherman for a $30 billion expansion, the Dallas-based analog chip producer was packing its bags to leave.
Jul 18, 2022
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Business
New Zealand called on Google and Facebook Wednesday to strike deals with Kiwi media similar to those reached in Australia, which require the tech giants to pay for using news.
Mar 3, 2021
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5
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
