The U.S. economy is bracing for severe disruption as a nationwide port strike threatens to choke vital supply chains. Major retailers like Walmart could face immediate consequences, with union leaders sending stark warnings about the lack of trade options as...
Investments
Luxembourg SOPARFI or SPF: which investment vehicle is right for you?
When deciding between SOPARFI (Société de Participations Financières) and SPF (Société de Gestion de Patrimoine Familial) as a passive investor in Luxembourg, it depends on your specific investment goals and circumstances. Here's a comparison to help you decide: 1....
Qualcomm eyes Intel in potential Mega-Takeover
In a recent bold move, Qualcomm has reportedly approached Intel to discuss a potential takeover. This could be one of the most transformative deals in the tech industry, as Qualcomm, with a market cap of $188 billion, looks to acquire Intel, valued at approximately...
Artificial Intelligence (AI) and the Future of us: Oprah’s special with Sam Altman and Bill Gates
Oprah Winfrey’s recent special, AI and the Future of Us, aired in the United States and featured key tech figures like Sam Altman, CEO of OpenAI, and Bill Gates, the co-founder of Microsoft. This thought-provoking episode delved into the future of artificial...
OpenAI’s $150 billion valuation: a corporate restructure in the U.S.
OpenAI: Investor Appeal and Corporate Shifts OpenAI, the trailblazing AI startup, is undergoing significant changes as it prepares for a financing round that could value the company at an astounding $150 billion. This valuation depends heavily on OpenAI’s ability to...
Kimpton and Extell to open 529-Key Hotel in New York by 2025
Strategic Expansion in New York City Kimpton Hotels & Restaurants, in collaboration with Extell Development Company, is set to launch a new luxury hotel in New York City. This 529-room hotel, named Kimpton Rockefeller Center, will be a prime addition to the...
Luxembourg’s property market: slowdown in price declines as rent increases
Luxembourg real estate market: a gradual price decline Luxembourg’s real estate market is experiencing a slowdown in the once rapid property price declines. In the second quarter of 2024, property prices fell by an average of 3.8% compared to the previous year. This...
Brazil: Ibovespa set to surge: forecast for end of 2024 and key investment sectors
Brazil's stock market, represented by the Ibovespa index, is expected to hit 145,000 points by the end of 2024, according to leading financial experts. This growth projection is attributed to improving domestic economic conditions in Brazil, a more stable inflation...
Belval: Luxembourg’s Dynamic Urban Renewal
A Blend of History and Modernity Belval, nestled in southern Luxembourg, is a prime example of how a former industrial hub can be transformed into a vibrant urban district. The area, once dominated by steelworks, now boasts a unique combination of historic charm and...
Tesla’s autonomous future: Robotaxi unveiling at Warner Bros. Studios, this October
Tesla is set to captivate the world once again with a highly anticipated event that will reveal its newest innovation: the Robotaxi. Scheduled for October 10, 2024, the unveiling will take place at the iconic Warner Bros. Studios in Burbank, California. This venue,...