Business

Bitcoin continues its remarkable rise in recent times, breaking through the $ 18,000 level on Wednesday. On Tuesday, the $ 17,000 was already passed by the digital currency. The record level of nearly $ 20,000 that was hit in…

Cryptocurrency bitcoin rose sharply in value on Wednesday after payment company PayPal announced it would allow payments in cryptocurrency. The coin was worth 10,833 euros at the end of the afternoon, reaching its highest level…

The American company Johnson & Johnson has encountered a setback in the development of a vaccine against Covid-19. The company has temporarily halted its development. The pharmaceutical company announced that a test subject…

The United States government is considering banning cotton products from the northwestern Chinese province of Xinjiang because of the human rights situation there, The New York Times reports. The Uyghurs, a Muslim minority from…

The price difference between brands and private labels in supermarkets is increasing considerably. While the difference in 2014 was still an average of 24 percent, private label products are now generally 45 percent cheaper.…

Burger King's worldwide sales fell by more than a quarter last quarter. Due to the corona pandemic, many branches of the fast-food chain had to be closed temporarily, which had a significant impact on the results. The nearly 19,000…

Tesla made another profit in the second quarter. It is the fourth quarter in a row in which the electric car maker writes black numbers. That means the company can be included in the S&P 500 stock market index. During the…

European stock markets took a step back on Tuesday after the recent advance. The new corona measures in the American state of California, where all cafes have to be closed, have caused investors to be cautious. In addition, the…

Unemployment in the United States fell to 13.3 percent in May. According to the United States Department of Labor, more than 2.5 million jobs were added to the largest economy in the world last month compared to April. The economy…

The American technology group IBM is cutting the workforce due to more challenging market conditions due to the corona crisis. The company did not want to say precisely how many jobs will be lost, but sources tell Bloomberg news…