Econo - Economy.Finance.Money

AUTHOR 📣 :James Kollie, Wilhelmina Louw, Rammuso Monyolo, Vinah Nkambule, Maria Lashley, Raymond Oriakhi THEME 💡:Introduction to Entrepreneurship [Link] #FinancialTechnology @Economyfinancemoney

📉Clothes for the homeless didn't take off again. 🔴 Shares of French company Kering, which owns brands like Balenciaga, Gucci, Yves Saint Laurent, Qeelin, Bottega Veneta, Brioni, and others, have fallen nearly 40% since the beginning of the year. 📉 The company has forecasted a sharp decline in sales in the first half of the year due to decreasing demand, and it expects operating profit to drop by 40-45%. 📊 Kering has unsuccessfully tried to revive Gucci, which accounts for about two-thirds of the group's profits, but has not been able to do so. 👜 #FinancialNews @Economyfinancemoney

AUTHOR 📣 :Jarie Bolander THEME 💡: Business Basics for Entrepreneurs [Link] #FinancialTechnology @Economyfinancemoney

🗣 In Europe, there's an investment boom in defense ETFs. 🚀 Investors are showing increasing interest in ETFs focused on the defense sector amidst geopolitical tensions. #FinancialNews @Economyfinancemoney

AUTHOR 📣 : David Lindahl, Jonathan Rozek THEME 💡:THE SIX-FIGURE SECOND INCOME 📚 _ How To Start And Grow A Successful Online Business Without Quitting Your Day Job [Link] #FinancialTechnology @Economyfinancemoney

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🗣 Top 20 countries indebted to China. 🌏 China’s Belt and Road Initiative has led to extensive lending to various nations. #FinancialNews @Economyfinancemoney

🗣 Fondy has been removed from the register of payment systems. On April 25, the Antimonopoly Committee allowed the Georgian banking group, through the company TBC International Holdings Limited (UK), to acquire Fondy in "Elance" and Irish Fondy Payments Ltd. 🏦 The buyer's name is TBC, and the deal amount is around €5 million. #FinancialNews @Economyfinancemoney

🗣 Why do Millennials earn more despite working less? — The Economist. According to the magazine, half of these individuals are already working, yet their salaries are higher than others, they easily quit and find new jobs. 💼 Financially, Millennials are more successful, the secret lies in their attitude towards work: • Youth unemployment has reached 13%. This is the lowest rate since 1991; • They prefer comfort at work, and if it's not there - they easily quit. #FinancialNews @Economyfinancemoney

🗣 Coffee is getting more expensive: the price of robusta has risen to a 45-year high: in April, it averaged $1.94 per pound of robusta, an increase of almost 17% compared to March. 💰 The reason is that Vietnam - the world's largest producer of robusta - is "facing difficulties with supplies" after poor harvests in the past and current seasons. #FinancialNews @Economyfinancemoney