Blockchain company Venom Foundation and Abu Dhabi-based investment manager Iceberg Capital on Wednesday launched a $1 billion cryptocurrency fund that contributed $20 million to virtual world platform Nümi Metaverse. The fund, Venom Ventures Fund (VVF), targets investments in early-stage startups focused on payments, asset management, banking and gaming on Web3, a possible future version of […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Wells Fargo Cuts Mortgage Deals After Scandals, Record Fine
Wells Fargo is drastically shrinking its home loan business after a series of scandals and a record fine from the Consumer Financial Protection Agency (CFPB). Going forward, the bank said it would focus primarily on lending to existing customers and minority borrowers, and would no longer work with outside intermediaries who arrange loans on the […]
Alckmin announces Marcela Carvalho as executive secretary at Camex
The vice-president of the Republic and Minister of Development, Industry, Commerce and Services (MDIC), Geraldo Alckmin, announced Marcela Carvalho as executive secretary of the Chamber of Foreign Trade (Camex), a body linked to the Pasta. Marcela is a career civil servant, foreign trade analyst at the MDIC, graduated in international relations from Faculdade Integrada do […]
World Economic Forum highlights global risks in economy and social polarization
The World Economic Forum published a report, which highlights this year’s global risks. Among them are an eventual worsening of the economy, with an increase in the cost of living, a “hiatus” in measures to contain climate change and social polarization. The entity prepared a list of risks in the short and long term. In […]
With a floor of R$ 1,302, see how it benefits those who retired last year
The federal government published an ordinance this Wednesday (11) in which it announces the minimum value of R$ 1,302 for Social Security. With the floor established, it is now possible to calculate the benefit to be received by taxpayers who retired last year. The calculation based on the readjustment varies according to the month in […]
See how the benefit of those who retired last year is
The federal government published an ordinance this Wednesday (11) in which it announces the minimum value of R$ 1,302 for Social Security. In the same ordinance, the readjustments of those who retired last year and receive above the floor were specified. Retirements, pensions and other benefits from the National Social Security Institute (INSS) that have […]
Japan’s retail giant announces up to 40% increase in wages against inflation
Fast Retailing, the Japanese giant that owns popular clothing brands Uniqlo and Theory, will start paying its employees much more this year. The company announced Wednesday that it would raise wages in Japan by up to 40%, acknowledging that “pay levels have remained low” in the country in recent years. “This will include employees from […]
Goldman Sachs employees brace for layoffs
Goldman Sachs staff is bracing for layoff announcements on Wednesday as the US bank begins sweeping cuts across its 49,000-strong workforce. The layoffs, expected to represent the biggest contraction in the bank’s headcount since the international financial crisis, are likely to hit most of Goldman’s main divisions, with its investment banking arm facing the deepest […]
Government sets the minimum amount for social security benefits at R$ 1,302
This Wednesday (11) the federal government decree established the minimum value of the Social Security benefit at R$ 1,302. The ordinance has no expiry date, which indicates that the political decision still needs to be taken by the government, especially by President Lula. A calculation by CNN policy analyst Caio Junqueira signals a gain in […]
Work Support Center in São Paulo offers 700 jobs
The São Paulo City Hall Support Center for Work and Entrepreneurship (Cate) has open selection processes for 700 job vacancies in partner companies in the city of São Paulo and the metropolitan region. They are placed in different areas for different profiles, which include people who are entering the job market or specialized professionals. Entries […]
