Economy and Business

Investors who felt invincible are now falling into red territory. ‘Many of these young entrepreneurs have spent their careers in a bull market, and have never heard of a down round. That’s about to change,’ says Professor Scott Galloway

The Special Anti-Corruption Prosecutor of the Attorney General’s Office is investigating former officials Guillermo Turrent and Javier Gutiérrez, while a US federal court is reviewing a related case opened by the state-owned firm

A report by the Tax Justice Network shows backsliding on transparency and international cooperation. The UK would top the list if its overseas territories were included

Expedia boss tops the list which also features Apple’s Tim Cook

Companies are rushing to develop a presence in the Web3 world, although its profitability is still unclear

The cryptocurrency – once considered a success story in the sector – collapsed within 72 hours, destroying the hopes of its many small-time investors

The Tesla founder has warned that the acquisition deal will be on hold until the social media company proves that less than 5% of users are fake

The state-owned firm is making the most of the international isolation imposed on its direct competitor, Russia, and raising production gradually

Now that a return of the enemy has been ruled out, the outskirts of the Ukrainian capital are focusing on reconstruction, reopening businesses and restoring utilities

The US government has announced additional steps to tackle the shortages, which have forced thousands of parents to travel miles in search of stock

The digital currency’s value has gone from $20 billion to nearly zero in a matter of days, and bitcoin has shed 17% in under a week

The sudden fall of the digital currency has raised concerns about its implications for other cryptocurrencies such as bitcoin

The White House has tried to reassure the public, stating that guaranteeing supply is its top priority

Spanish hedge fund manager Francisco Gordillo has teamed up with the ‘Alien’ and ‘Blade Runner’ director, who will produce the first film about digital assets

President Bukele shared illustrations and scale models of the metropolis, as credit rating agencies raise concerns about whether the country will be able to meet its debt repayment

Justin Trudeau’s government has proposed a two-year moratorium on foreign buyers to lower house prices but experts doubt the measure will have the desired effect

The Central American country made the cryptocurrency legal tender last year, but since then, it has continued to fall, raising concerns about whether it will be able to meet its next debt payment

The financier, who is in hiding for fear of being assassinated, says he was forced to sell his 35% stake in the company in retaliation for calling out the ‘crazy war’

Moscow is extending its influence on the continent, where it benefits from a wave of growing disaffection towards the West

The coronavirus lockdown of Shanghai and the spike in cases in Beijing have led many entities to cut their growth prospects for the world’s second largest economy

Workers at the facility voted against unionizing with the ALU, a result that is a setback to the mobilization efforts at the company

The US bank acknowledges the mistake caused Sweden’s benchmark OMX 30 to fall by 8% and spread to other exchanges, although these rallied back quickly again

Under the terms of the agreement, the Tesla founder cannot criticize the social media network while he completes the acquisition process