Category Archives: Money

Spain assures the clients and businessmen who deposited their finances in Catalonia’s banks, their money is safe

The Spanish Minister of Economy has assured the clients of all Catalan banks and businessmen from the region their savings are safe amid the crisis from Catalonia, in which the region is struggling to declare its independence from Spain by the end of this week, reports Reuters. “Catalan banks are Spanish banks and European banks,… Read More »

The financial disaster triggered by the launch of the new iPhone

  The most recent devices launched by Apple were greeted by users with a dose of skepticism, especially by those investors who invested in the Asian supplying industry, writes Bloomberg. Hon Hai Precision Industry, which assembles iPhone and other Apple products, decreased with 10% on the Taipei stock market since Apple launched its new collection… Read More »

London remains the world’s largest financial center, despite the Brexit predictions

Although Frankfurt and Paris have struggled to become Europe’s largest financial centers, the most recent surveys show that London will remain the largest financial center in the world, surpassing New York in terms of financial attractiveness, even if Britain leaves the European Union, writes Reuters. Britain’s departure from the economic bloc has fueled speculation among… Read More »