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The Volkswagen Stocks Take a Fall

Posted: September 25, 2015 at 9:06 am   /   Finance

After the US regulators found out that Volkswagen (VW) misled them, the stocks of the company crashed by 20% on Monday; thereby decreasing VW’s value by 16 billion euros (equivalent to $18 billion). The company hit their lowest level in about 3 years, pulling down the shares of other German auto manufacturers with them. Federal […]

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How Cycling Events Drive London’s Economy

Posted: July 18, 2015 at 9:15 pm   /   Finance

The best road-racing cyclist in the world spent only several days in Utrecht as the Tour de France got underway in Holland last 4th of July. However, the Dutch city hopes that they’d leave a lasting legacy as they will be staging the Grand Depart; a legacy that is similar to the benefits of 2014’s […]

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Fiji finance minister calls boycott ‘cheap stunt’

Posted: January 5, 2015 at 8:33 pm   /   Finance

The Fiji Finance Minister, Aiyaz Sayed Khaiyum, has called the boycott of parliament on Monday by the opposition a cheap political stunt. The opposition boycotted over its concerns that the Budget document is riddled with errors and could not be made law in that state. It wanted the entire document rewritten. But Mr Sayed-Khaiyum says […]

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