China’s Growing Fiscal Pressure on the Ultra-Rich As China’s economic challenges deepen, the Chinese government is implementing new strategies to revitalize its economy. One of the most talked-about initiatives is the move to impose new taxes on the overseas...
The U.S. government is seriously considering breaking up Google in response to its monopolistic practices, a significant development in the ongoing antitrust case. The Justice Department (DOJ) believes that Google’s control over online search stifles competition and...
The Current State of the French Economy As of late 2024, the French economy is facing increasing fiscal pressures. The nation's public debt has been rising, prompting the government to take significant steps to reduce it. Prime Minister Michel Barnier's administration...
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...
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....
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...
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: 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...
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 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...
