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Nalezeno "$20 Billion": 2924

Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion


Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...

Symantec To Be Acquired By Broadcom In Deal Worth $ 15 Billion


As far as leading corporations firms are concerned, it is a well-known fact that many of them seek to grow their business further with key acquisitions that can add more value and that seems to be a strategy of chip manufacturing giant Broadcom. The company had been trying to acquire big-ticket...

Warren Buffett To Donate $3.6 Billion More To Five Charities


For the majority of his life, Warren Buffett made his name as possibly the greatest investor of the last century, and during the course of his life, he made a fortune that made him one of the world’s wealthiest persons. At this point of time, he has a net worth that is pegged at $87 … The...

Markets Update: Cryptocurrency Prices Continue to Accelerate


Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures...

Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners


Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...

Synthetix Trader Rolls Back Broken Trades That Netted $1 Billion Profit


In what amounts to a particularly heart-warming example of the power – and responsibilities – of decentralization, Synthetix founder Kain Warwick announced that an error that netted one legitimate user over $1 billion in profit has been fixed and that the user rolled back all...

Celgene Deal Setback Wipes Out $6 Billion From Bristol-Myers Squibb


When it comes to the biggest acquisitions that are valued at tens of billions of dollars, there is almost always a bit of trouble in completing the whole thing. First of all, there is the matter of the two company’s shareholders who might or might not want the deal to happen, while on the other...

Smaller Rival Altran Merges with Capgemini in 3.6 Billion Euros Deal


When it comes to the biggest companies in the world of consulting and technology, the idea of acquisition in order to keep growing is a well-known strategy and that has been even more prevalent in recent years. In a new development, French consultancy and information technology giant Capgemini...

More than One Year Later, BTC Price Skyrockets Past $10K


On June 21, the price of bitcoin core (BTC) crossed the $10,000 mark for the first time since March 08, 2018. At the moment BTC has a $180 billion dollar market capitalization as the cryptocurrency gathered more than 166% over the last six months. Also read: These Are 2019’s Biggest...

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