The FINANCIAL - Business

Coronavirus Concerns Leads To 11% Drop In Forecasted Global Gambling Revenues

The FINANCIAL -- Global concerns about the coronavirus (COVID19) have led to a 11% drop in forecasted global gambling revenues in 2020* – with 2020 global gambling gross win downgraded from its pre-COVID19 forecasts of $473bn to $421bn (close to 2016 levels), according to industry analysts H2 Gambling Capital’s new weekly COVID Impact ...

Pier 1 Imports files for bankruptcy

The FINANCIAL -- Once wildly popular company, based in Fort Worth, Texas, released a statement saying that it began Chapter 11 bankruptcy proceedings in Virginia and that it is pursuing a sale of the ...

Finance as a catalyst for positive change, report

The FINANCIAL – The fundamental role the financial sector plays in helping secure the objectives set out in the UN Sustainable Development Goals (SDGs) was made clear at the opening of the SDG ...

TBC Capital: FMCG Sector will exceed GEL 9.4 billion

The FINANCIAL – TBC Capital has presented a second investment analysis on the FMCG sector for food and Fast-Moving Consumer Goods, intending to review the current market situation and the ...

Amazon’s CEO Jeff Bezos commits $10 billion to fight Climate change

The FINANCIAL -- Amazon’s chief executive and the world’s wealthiest man Jeff Bezos announced on Monday, that he will commit $10 billion to fund scientists, activists and NGOs to help preserve ...

Airbnb: 40% drop in bookings and loss of $276.4 million

The FINANCIAL -- Airbnb Inc’s bookings in major cities across the world have plunged. People are deciding to cancel travel plans because of the coronavirus outbreak. Also, there is an increasing ...

Gold price hit its highest since 2012

The FINANCIAL – Gold hit its highest price for the first time in more than seven years. Gold prices rose above the $1,700 per ounce level on Monday. After a 18% surge in 2019, gold prices have ...

Mastercard commits to helping 1 Million women entrepreneurs through it’s new initiative

The FINANCIAL -- Credit card and electronic payments giant - Mastercard is committed to women entrepreneurs and is launching Path to Priceless to shine a light on their journey and provide a curated ...

World’s biggest economies are heading for a recession

The FINANACIAL -- There are signs that some of the world's top economies could slump as coronavirus outbreak compounds pre-existing weaknesses. Japan’s economy shrank at an annual pace of 6.3% last ...

Ways to Mitigate Risk When Engaged in Business as a Contractor

Contract work is an integral part of many industries and companies regularly hire vendors for all kinds of projects. The most commonly contracted work includes construction, IT, and cleaning ...