In China's Hunan province, geologists have discovered an extraordinarily large gold deposit containing more than 1 000 tonnes of the precious metal. The discovery could have a major impact on the global gold market, as estimates suggest that the value of these reserves exceeds USD 87 billion. The discovery, reported by the Chinese media and conf...
Prague, 1 October 2024 - Tomáš Čupr, the well-known Czech entrepreneur and founder of Rohlik, is actively involved in the restructuring of Pilulka through his manager Peter Klekner, whom he has appointed as interim CEO. Klekner, who now heads the investment group TCF Capital, will be tasked with stabilising Pilulka and overcoming its current pro...
Forbes has published its annual ranking of the 100 richest Czechs and this year's ranking brings several interesting changes. Although the top three positions have remained the same, Andrej Babiš, who has regularly ranked in the top five in previous years, has dropped to seventh place this year. His position was taken by Radovan Vítek and Mic...
Karo Leather, a Czech leather processing company, published its financial results for the first half of this year on Thursday. The company successfully launched production at its new factory in Brtnica and confirmed its annual target for operating profit. Karo Leather, whose shares are traded on the Start market of the Prague Stock Exchange, ...
Bitcoin has become a symbol of extreme volatility and profitability in recent years. Its value often resembles a wild roller coaster ride, soaring one day and plummeting just as quickly the next. In the long term, however, bitcoin remains one of the most profitable investments, used by many investors as a key tool to secure their wealth in the d...
Lime, a global leader in shared micromobility, is playing a key role in addressing the traffic situation during this year's Olympic Games in Paris. In response to the expected increase in visitors to the city, Lime has invested €6 million in a significant expansion of its fleet, strengthening staff capacity and expanding its charging station net...
With an estimated price tag of $23 billion (approximately CZK 534 billion), the planned acquisition of Israeli startup Wiz was to be the largest ever purchase by US tech giant Alphabet, the parent company of Google. The deal, if completed, would significantly strengthen Alphabet's position in the cybersecurity field. However, Israeli startup Wiz...
The introduction of tuition fees: Support or hindrance? Tuition fees have long divided public opinion and social debate. While some see its introduction as the key to motivation and better education, others point to the potential negative impact on the availability and diversity of higher education. Let us explore how tuition fees can affect ...
VanEck predicts that the price of Ethereum will reach $22,000 by 2030. This is a result of the changing influence of ETH and the expected revenue for token holders. An ETF for Ethereum has been approved, which will allow investors to hold ETH through qualified custodians. VanEck sees Ethereum as a potential disruptor to traditional financial ...
