Rui Cartaxo, the CEO of REN (Redes Energéticas Nacionais), is a visionary who sees beyond the borders of Portugal and envisions a global footprint. REN is one of the few companies worldwide that manages both electricity and natural gas infrastructures, and Cartaxo is at the helm, steering it toward
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In 2023, a new year unfolds, and the initial months have witnessed robust performance across the global stock market. Let's delve into the standout stocks that have exhibited notable strength in the first half of the year.1. Palo Alto Networks (PANW): This company is a cybersecurity firm that pr
Indonesian President Joko Widodo and his wife Iriana after voting in the 2019 election. Jokowi won a second term with 55.5 percent of the voteFeatured|Markets|Special reportsAuthor:Elizabeth Matsangou...
Axxela, a leading energy company, is spearheading a transformative shift in Nigerian industries through its focus on natural gas. This strategic move aligns with the global trend towards cleaner and more efficient energy sources.Axxela, through its four subsidiaries, supplies natural gas to commerci
With global electricity needs growing with each passing year, innovative companies like Iberdrola are intensifying their search for sustainable solutionsCorporate Governance|Featured|StrategyAuthor:Ib...
TranscriptWorld Finance: Greece’s debt is largely believed to be unsustainable and unrepayable; is this the case?Steve Hanke:They even have debt of €1.5bn that’s coming due in, I believe, the end of F...
What Is an Automated Teller Machine (ATM)?An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representat...
Money creation is a complex process that involves various actors and institutions. Banks, in particular, play a crucial role in this process, as they are the ones responsible for creating most of the money in circulation. In this article, we will explore the process of money creation by banks and pr