Global Wealth Falls Whilst Wealth Inequality Rises
The report identified the median individuals wealth in the US at $49,800 (£32.700) whilst the average UK net worth was £83,000. After sharp swings in currency markets overall global wealth has for the first time More...
Lego Posts Double Figure Revenue Growth
The European Space Agency themed Lego which will be going to space with Andreas Mogensen. Lego, the Danish toy company announced that revenue rose 23% to 14.1bn kroner (£1.4 billion) for the prior six months to More...
Owner Of QVC, Liberty Interactive To Acquire Zulily
The companies combined are expected to generate over $10 billion in revenue. The owner of home shopping network QVC, Liberty Interactive Corp announced on Monday that it is acquiring five-year-old Internet retailer More...
EU And Vietnam Agree On Free Trade Deal
The agreement may be in action starting the end of 2017/beginning of 2018. Vietnam and the EU made a trade deal “in principle” on Tuesday which would lift the majority of tariffs on goods. The EU Trade commissioner More...
Ford Releases Impressive Quarterly Results
The new Ford F-150. Today Ford announced its best quarter since 2000 with net income jumping 44 percent to $1.9 billion in the second quarter as a result of record North American vehicle sales. The company posted More...
Toshiba CEO And President Resign Over Financial Scandal
Shares in the company have crashed over 20% since April. Toshiba’s chief executive and president, Hisao Tanaka has resigned after the company admitted it has overstated profits for the last six years by 151.8bn More...