The merger between HP TRONIC and NAY was approved by the Czech Competition Authority (ÚOHS) in March and has now also been cleared by the Slovak Antimonopoly Office (PMU). This authorisation was key to their planned merger. The integration of the two groups, operating well-known brands such as DATART, ETA, Electro World and NAY, responds to t...
The troubles of the Polish company Allegro, which bought the Mall Group two years ago, including the Czech e-shop CZC, seem to be a permanent problem. The recent layoffs of employees within the Czech e-shops and the slowing pace of transformation of the long-losing business point to the difficult situation the company faces in the e-commerce mar...
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
Today, the gold price reached another historical record, breaking the $2,200 per troy ounce mark, which is equivalent to approximately 51,000 crowns. This price increase can be attributed mainly to expectations of interest rate cuts in the United States, which has increased the attractiveness of investing in gold. According to many analysts, thi...
Nvidia's financial results for the last quarter of last year exceeded all expectations and redrew the economic map. The US chip giant reported a meteoric rise in profits to $12.3 billion, a jump of 769 per cent compared to the same period last year. Sales reached a respectable $22.1 billion, a dramatic increase of more than three times compared ...
Bridgit Mendler was made famous by the Disney Channel through such series as "Good Luck Charlie", "Wizards of Waverly" and the movie "Lemonade Mouth". But now the 33-year-old actress and singer is turning to space. She recently announced on social network X that she has become CEO of Northwood Space, a company that aims to create a "data high...
Billionaire Mark Zuckerberg sold a portion of Meta's shares, the company that owns social networks like Facebook and Instagram, over the past two months of last year. Records from the U.S. Securities and Exchange Commission (SEC) revealed that he earned a total of $428 million (9.6 billion CZK) from these sales. This marked Zuckerberg's first...
Audit firm EY is facing another lawsuit in connection with the collapse of German financial firm Wirecard. Wirecard's insolvency administrator, Michael Jaffe, has filed a claim for damages of €1.5 billion (approximately CZK 37 billion) against EY. This information was published by Reuters on Friday. EY acted as Wirecard's auditor for several yea...
More than a year after its originally planned launch, Jacobi Asset Management is now officially launching the first spot Bitcoin Exchange-Traded Fund (ETF) in Europe. The fund is available on the Euronext exchange in Amsterdam. Bitcoin ETF becomes a European reality It can be found on the Euronext exchange under the listing symbol BCOIN. The...
