Annie Button, professional content writer and branding aficionado, explains the importance of debt recovery for big business. Unsurprisingly, the main goal of business is to make more money than you lose. Staying in the black is vital for the success of any business but there are times when debt is the best option. Businesses using […]
Rolls-Royce’s announcement came as the company returned to profit last year after meeting its restructuring targets a year sooner than anticipated. In 2020, Rolls-Royce saw a $4 billion loss compared to a profit of £124 million in 2021. Despite today’s crash for Rolls-Royce shares, analysts say the stock has recovered well since October 2020, when […]
Shares in Tesla fell for the fourth day in a row to their lowest level since September amid a broad decline in global stock markets, largely due to geopolitical tensions surrounding Russia and Ukraine. According to the Bloomberg Billionaires Index, Tesla’s CEO remains the wealthiest person in the world. Nonetheless, Musk has seen $71.7 billion […]
Elon Musk may have said that he doesn't have a pot of money lying around, but you can bet your bottom dollar that he doesn't have to search for change in his wallet to fill up his fancy Tesla. Yes, Musk might not have billions sitting in a bank account, but he does have billions […]
Analysts predict Porsche could be valued at up to €90 billion in an initial public offering (IPO). Currently, the market value of Volkswagen — which completed its acquisition of Porsche in 2012 — stands at around €116 billion. Speaking to Reuters, two people familiar with the matter said that, in the potential IPO, Volkswagen could […]
From hiring employees and renting office space to buying goods and marketing, you need money to get your startup off the ground or expand your existing business. However, financing a business is always a challenge for most entrepreneurs, especially those early-stage entrepreneurs. Recent studies show that 82% of startups fail during the first year, mostly […]
According to the Financial Times, Berkshire Hathaway CEO Buffett purchased the substantial stake just weeks before the record-breaking acquisition, estimated to be worth $68.7 billion, was completed. In 2022, Activision shares are up 23% to $81.50, though remain notably below the proposed $95 per share takeover price due to potential antitrust concerns. In the past, […]
Billionaire Tesla CEO Elon Musk donated a total of 5,044,000 shares in the world's most valuable car manufacturer in November last year, according to its filing with the US Securities and Exchange Commission (SEC). Musk’s donation was worth an impressive $5.74 billion, based on the closing prices of Tesla shares on the five days he […]
1. Make A Note Of Everything One key mistake that many businesses make is that they do not fully track the cost of spending. However, by doing so, there will be many small payments and charges that slip through the cracks. These begin to add up, and before you know it you have a hole […]
Van Beurden’s 190,000 shares were sold at an average price of £20.40 per share, one day before they reached their highest level since January 2020 at £20.80. According to the company filing, the CEO’s sale totalled at £3.876 million. Van Beurden has led Shell since 2014. Last Thursday, van Beurden said “I still believe that […]
Mark Zuckerberg saw $29 billion fall from his overall net worth on Thursday as Meta’s stock experienced a record one-day plunge. Meanwhile, Amazon founder Jeff Bezos pocked an additional $20 billion following the e-commerce giant’s blockbuster earnings. Meta’s stock plunged 26%, erasing over $200 billion in the largest-ever single-day market value wipeout for the US […]
According to MetaMetric Solutions, real estate sales on the four major metaverse platforms hit $501 million in 2021 while sales in January 2022 topped $85 million. At this pace, MetaMetric Solutions projects that sales could reach almost $1 billion this year. The recent surge in sales was sparked by Facebook’s October announcement that it was […]
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