The world's richest people have become richer again last year. Due to the stock boom, rising real estate prices and economic growth, they saw their average assets rise by 19 percent. This is evident from the annual billionaire report that the PwC accountancy firm and the Swiss bank UBS published on Friday.
Italian Deputy Prime Minister Matteo Salvini said on Thursday that if necessary the government will take 'countermeasures' to prevent the economy from being damaged by a rise in interest rates on government bonds. He did not go into the details.
Germany too needs hundreds of thousands of new homes quickly. The offer is small and the prices are rising. The Merkel government introduced a kind of child benefit for their own home to stimulate the market. Families and single-parent families, provided their taxable income is not too high, can receive a subsidy of 1200 euros per child per year for the purchase or construction of a house. The scheme is guaranteed for ten years.
A peaceful Christmas thought, there is a seller on the antique market in the Belgian Tongeren lacquer. At one of the stalls, Christmas balls and peaks with Nazi symbols were offered. A Dutch woman who roamed the market came across the controversial Christmas decoration and shared photos on Twitter. It is not known who managed the stand.
A Brexit summit has failed again this week. The British Prime Minister Theresa May had a quarter of an hour to explain her requirements. She spoke so quickly that the other government leaders hardly understood her. 'It is still a mystery what the British want,' sighed one of those present against Bloomberg.
The hassle around the Italian budget brings the country into major problems. Credit rating agency Moody's has lowered the rating for Italy to Baa3. One more step down, and the country has a 'mess status'.
The legalization of cannabis cultivation in Canada Wednesday caused investors headaches on the first legal working day with stock market losses.
The Chinese brand Huawei has not been a small player for a long time. Last week, Bloomberg Intelligence even reported that the brand in the home country had overtaken Apple. Yesterday, Richard Yu presented the Mate 20 Series smartphones and a new smartwatch at the London ExCel Arena. Both with impressive and striking specifications and possibilities.
The introduction of new IT systems for customs services in the EU is experiencing significant delays. The 2020 deadline will not be met and may have to be moved up to 2025, reports the European Court of Auditors in a report.
The Italian economy remains 'in an unacceptable way' and at least seventeen million Italians have therefore come into great difficulties. This is what the Treasury Secretary Giovanni Tria said on Tuesday in the margins of a session with the Parliament's Finance Committee.
The Italian interest rate has risen sharply on Monday to the highest level since February 2014. Investors are worried after the European Commission, after consultation, sharply criticized the latest budget plans that allow the deficit to rise against agreements.
With the decision of the British government to leave the European Union, London has cost around € 560 million per week since then. This is stated in a study published on Sunday by the Center for European Reform. The center assumes, among other things, that the British economy is now 2.5 percent smaller in size than if a majority of voters voted for EU membership in 2016.
Elon Musk and Tesla have reached a settlement on Saturday with the US stock market watchdog SEC. As part of the settlement, Musk must resign within 45 days as CEO of Tesla and he may not hold that position for three years, according to the SEC. Musk and Tesla must also each pay a fine of 20 million dollars, some 17.2 million euros.
Barack Obama was in Amsterdam on Friday to talk about leadership, not about Donald Trump or current political issues. Yet the former American president could not resist to refer to his successor in the White House in a devious way.
The German steelmaker ThyssenKrupp is considering a break-up. On that news from the Bloomberg news agency, the share increased by more than 9% on the German stock market Thursday afternoon.
The British opposition leader Jeremy Corbyn will meet with EU negotiator Michel Barnier on the planned departure of the United Kingdom from the European Union on Thursday, British media reported.
In the first weekend of the Oktoberfest in Munich, it is estimated that more than 800,000 visitors have come to the festival. That was considerably more than in 2017, when it was about 600,000.
The market for Turkish holiday homes has been miserable for years, but the diminishing lira and an unclear currency decree push prices down further. Even up to less than half of the purchase price.
The area in Colombia where coca plants are grown has never been so great. According to a report published by the United Nations on Wednesday), the area in the South American country grew by 17 percent in 2017 to 2,170 square kilometers, which is approximately the area of the Dutch province of Limburg. This corresponds to a potential coca leaf harvest from which almost 1400 tonnes of cocaine can be extracted.
In the coming period, the Dutch will notice that things are going better. Prime Minister Mark Rutte is convinced of this, on the day that his third cabinet presents a budget for the first time. He mainly cares about international instability.
Two thousand euros per bottle! You can not do that to a customer! Daniele Di Guiliomaria has just tasted a bit of whiskey from 1988. It is not easy for him. 'Pretty flat. Should have been bottled ten years ago. '
The cut-throat competition in the Bruges taxi world ended Friday night in a shooting with a taxi driver in the neck, while he had two foreign tourists in the back seat.
A third strawberry grower in Australia was hit by needles and pins found in the fruits. The police fears that six companies are the victims of the needle stick.
Germany has suffered more than EUR 43 billion in damage over the past two years due to cyber attacks. Companies became victims of sabotage, data theft and espionage. That certainly happened to seven out of ten companies, and in another two out of ten companies that suspicion exists.
After a dead rat was found in the soup of a pregnant woman earlier this month, restaurant chain Xiabu Xiabu dropped no less than 163 million euros in market value. That reports the Chinese site Sina.
A Russian hacker who has been tried in the United States has known that there is guilt. Peter Levashov would have led the infamous Kelihos botnet. That is a network of tens of thousands of hijacked computers that were linked together.
Apple knows how to keep getting weaker secrets. The Watch is now called Series 4 and three new iPhones were introduced. Exactly as in the past few days appeared everywhere in the media. In addition to the new version of the watch, the iPhone Xs, Xs Max and Xr will soon be on sale in the store.
The government must report to Brussels no later than March next year whether the Netherlands will switch to permanent summer or winter time in 2019. The European Commission is putting an end to the half-yearly clocking in the EU, said President Jean-Claude Juncker in his annual policy speech.
European legislation needs to be put in place to tackle the spread of terrorist messages via the internet. This video or audio fragment must be offline within an hour.
The Saudi airline Flynas will hire female co-pilots. The decision follows reforms that give women more opportunities to participate in the labor market.
