Tag: business


  • Singles Day Achieves Record $25 Billion

    Singles Day is the biggest e-commerce day in the world. Organized by China’s Alibaba, shopping sales on November 11 hit a record $25 billion,  40% more than on Singles Day […]

  • Disney Plans New Streaming Service

    Entertainment giant Disney has announced that it intends to start its own streaming service in 2019. Subscription prices will be much lower than those of  Netflix and other competitors but the […]

  • Vatican Bans Cigarette Sales

    Pope Francis has announced that the Vatican will ban the sales of cigarettes and other tobacco products in the Roman Catholic state beginning in January 2018. A spokesperson for the […]

  • Paradise Papers – How To Hide Your Money

    The Paradise Papers are documents which show how rich people – celebrities, politicians and businessmen use offshore countries to protect themselves from paying high taxes. The documents were leaked to […]

  • More Amazon Rain Forest Destroyed By Mining

    A recent survey , examining the years between 2005 and 2015, has come to the conclusion that more and more of the Amazon rain forest is lost due to mining […]

  • More Billionaires in Asia Than in US

    For the first time in history there are more billionaires in Asia than in the United States. But, the amount of wealth among American billionaires is still higher than in […]

  • World’s Lowest Wine Production in Over 50 years

    The world’s wine production in 2017 is expected to be at its lowest since 1961. Grape harvests, especially in the major European wine-producing countries, Spain, France and Italy , are low. Thanks to […]

  • End of Australia’s Car Industry

    The last car , a General Motors Holden, has come off the production line in Adelaide, Australia.  It ends a 90-year long era of car manufacturing in Australia.  At its […]

  • Gold Found in Switzerland’s Sewers

    Researchers have found that 3 million dollars worth of gold lands in Switzerland’s sewage system every year. After taking a close look at Swiss waste-water treatment plants, they claim that […]

  • World’s Second Largest Diamond Sold

    The second largest diamond ever mined has been sold to a private owner at a public  auction in London. The Canadian company Lucara brought the diamond to the surface in […]