Business
American entrepreneur Elon Musk has once again secured the position of the richest person in the world, according to the latest global wealth rankings published by Forbes. His total net worth is estimated at around $839 billion, which equals nearly 18 trillion Czech crowns, making it the highest personal fortune ever recorded. Musk’s extraordin...
The long-standing belief that China will overtake United States as the world’s dominant economic superpower by 2040 is losing traction among many economists. Recent forecasts paint a more nuanced picture of the global economic landscape — one in which neither nation holds an uncontested claim to first place, and where other emerging economies pl...
Tech entrepreneur Jack Dorsey has announced one of the most dramatic restructuring moves in the history of his financial technology company Block. The firm will reduce its workforce by nearly 40 percent, cutting more than 4,000 jobs and shrinking from over 10,000 employees to just under 6,000. Dorsey shared the news publicly on X, outlining the...
Valve, the company behind the world’s largest digital PC gaming platform Steam, is facing significant legal trouble in the United Kingdom. A British court has recently approved a large-scale class action lawsuit that could have serious financial consequences for the company. If the claim succeeds, Valve could be required to pay up to £656 millio...
In the world of startups and digital entrepreneurship, success does not always require groundbreaking technology or massive investment. Sometimes, a simple idea — executed at the right moment and in the right way — is enough. This is exactly the case of a young entrepreneur who managed to build a highly profitable business while still a teenager...
The news that Venezuela will hand over up to 50 million barrels of oil to the United States represents a significant shift in geopolitics and energy that also reflects the deeper conflicts and strategic interests of both countries. According to US President Donald Trump, Caracas has agreed to transfer a significant amount of oil - between 30 ...
Gold is back in the game! Why can its price continue to rise and what does this mean for investors ?
Metals like gold have long been among the main investment havens in times of uncertainty. And recent market developments suggest that the upward trend in the gold price could continue in the months and years ahead. The current price of gold is hovering around all-time highs, and according to many experts, it is still not at the end of a growth p...
In recent months, a case has emerged that shows how easy it is to abuse the credential verification system at banks. One businessman lost almost CZK 2.5 million from his company account - twice in one month. In doing so, the perpetrators used fake powers of attorney and obtained the right to manipulate the account at the bank branch without info...
President Donald Trump's decision has dramatically transformed the conditions under which the United States has attracted top professionals from around the world. The administration has increased the fee for H-1B work visas from the original $215 to a staggering $100,000. The move virtually halts the previous influx of foreign professionals, on ...
