The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Tesla's earnings from Bitcoin exceed revenue from electric car sales

Marcus Zacher
Tesla, which bought $1.5 billion worth of bitcoins a month ago, has already earned more from them than it did from selling electric cars for all of 2020. The carmaker has no plans yet to record profits from the cryptocurrency, whose value is...

Brazilian President appoints former defence minister to head Petrobras

Andrevruas
Brazilian President Jair Bolsonaro said on his Facebook page that he was appointing former defence minister General Joaquim Silva e Luna as the new head of the state oil company Petroleo Brasileiro (Petrobras). This will be the first military chief...

Israeli fintech start-up Earnix becomes a 'unicorn'

pixabay
Israeli startup Earnix, which helps insurers and banks personalise financial products using artificial intelligence and analytics, has raised $75m in its latest round. Investors valued the company at $1bn, turning it into a "unicorn". Israeli...

Bumble founder becomes the youngest female billionaire

Noam Galai/Getty Images for TechCrunch
Whitney Wolfe Herd, the founder of the dating service Bumble, increased her fortune to $1.6 billion after the company's IPO, according to Forbes. Thus, she became the youngest woman whose fortune exceeds $1 billion. She is 31 years old. Whitney...
Markets & Industries

High-tech becomes the most popular investment again

pxhere
High-tech stocks have become the most popular investment destination after a month's hiatus. In four weeks, international investors poured almost $20bn in funds focused on this segment of the stock market. According to a report by Bank of America...

China to tighten online lending rules

pixabay
China has unveiled new online lending rules that are tightening conditions for fintech companies. The changes will affect Jack Ma's Ant Group business and seriously affect the company's market valuation, experts say. The China Banking and Insurance...

WSJ: Saudi Arabia to raise oil output from April

pxhere
Saudi Arabia plans to increase oil production in the coming months as oil prices are rising, writes The Wall Street Journal, citing sources. In early January, Saudi Arabia announced a decision to cut oil production in February and March by 1 million...

Hong Kong stock exchange quadruples London's trading volume

WiNG
According to the FT calculations, since the beginning of the year the average daily turnover of shares on the Hong Kong Stock Exchange (HKEX) was about $25 billion, four times that of the London Stock Exchange (LSE) over the same period. Analysts...
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

When innovation brings more problems than it solves

Innovations allow for fantastic advances in environmental protection, but there are limits that are sometimes ignored. That is why we cannot always be sure when companies claim to be saving the planet, and sometimes there are hidden problems that outweigh the benefits. Almost every single venture aiming to improve ecological impact is confined by the constraints of capitalism. Informatio...
World & Politics

IATA ready to launch vaccination passports for travellers "within weeks"

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Digital passports with COVID-19 vaccination information for travellers, which the International Air Transport Association (IATA) is working on, could be launched "within weeks". The Telegraph and BBC report this, citing data provided by IATA. It is...

Japan suspends flights of some Boeing 777s

BriYYZ via flickr
Japan temporarily banned Boeing 777s with Pratt & Whitney PW 4000 engines as the engine of such a United Airlines aircraft in the US caught fire during flight. Its trim fell on residential areas of Colorado. United Airlines recalled 24 Boeing...

US Texas suffers from frost and unprecedented power cuts

Highsmith, Carol M via picryl
The US state of Texas, the country's biggest energy hub which is proud of its oil industry, was hit by a frost. It caused massive power outages that left millions of people without power and dealt a sensitive blow to the oil industry. Nearly 75% of...

UN warns of rising prices and risk of global food shortages due to pandemic

CTA ACP-EU
The UN has warned of likely food shortages due to the COVID-19 crisis. It could take at least five years to deal with the economic impact of the pandemic, the organisation's special envoy said. People living in poor countries are at even greater...
Management & Strategy

How to use mirroring for better persuasion

pixnio
Some people seem to possess a magic wand when it comes to persuading others. In reality, it's not magic, but a science that can be learned. The human brain has three layers. The lower layer, the reptilian brain, provides the "hit or run" response....

Goldman Sachs launches money management service for investors with $1000 capital

stocksnap
Bank for millionaires Goldman Sachs has launched an asset management service for mass investors with a capital as little as $1,000. Unlike Robinhood and other companies that help first-time investors enter the market, Goldman will not allow...

Three key elements for a breakthrough in work and life

pxhere
You've already reached a certain point, but the next step is so far away that you can't even think about getting there yourself? You need a breakthrough. There are three key elements to a dramatic increase in results: getting help, investing,...

Buddhism for business: A mantra for success

pixy.org
On any given day in life, you are in one of three stages: aspiration, success, failure. At each of them, you are battling with ego. As Benjamin Franklin observed, whoever drinks from a cup to the bottom should be prepared to encounter sediment. But...