Ivana Kottasova, CNN Money, Author at newswatchplus.ph

Will Switzerland give every adult $2,500 a month?

Ivana Kottasova, CNN Money — Tue, 15 Oct 2019 08:52:22 +0000

London (CNN Money) — Switzerland is considering giving every adult citizen a guaranteed income of $2,500 a month. No questions asked. The country is holding a national referendum on the introduction of a basic income on June 5. Its supporters want the government to guarantee each person a monthly after-tax income of at least 2,500

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Gold jewelry is getting pricier

Ivana Kottasova, CNN Money — Thu, 10 Oct 2019 15:01:35 +0000

London (CNN Money) — Gold jewelry is getting more expensive. The problem is that investors who buy gold as a safe haven are gobbling up big amounts. Demand for investment gold has surged 21% in the first quarter, driving prices higher, according to the World Gold Council. Investors dominate the market for gold. So the

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China to buy $90 billion gold vault in London

Ivana Kottasova, CNN Money — Thu, 10 Oct 2019 14:55:41 +0000

London (CNN Money) — China is buying one of London’s biggest gold vaults. The Chinese state-owned ICBC Standard Bank, the world’s biggest bank by assets, has agreed to buy Barclays precious metals storage business, including its state-of-the-art storage facility in London. The deal will boost China’s access to London’s gold market, and expand the country’s

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Ballerina Misty Copeland gets her own Barbie doll

Ivana Kottasova, CNN Money — Thu, 03 Oct 2019 13:22:36 +0000

London (CNNMoney) — There’s a new Barbie in the town. Her name is Misty Copeland. The superstar ballerina is the latest celebrity to get her own Barbie doll, following the footsteps of Marilyn Monroe, Barbra Streisand, Audrey Hepburn, and other accomplished women. Copeland earned wide recognition last summer, when she became the first ever African-American

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Ikea tells customers: Stop having sleepovers in our stores

Ivana Kottasova, CNN Money — Mon, 26 Dec 2016 13:19:15 +0000

London (CNNMoney) — No more Ikea sleepovers. The Swedish furniture company has warned its customers to stop trying to sneak into its beds for an overnight snooze. Ikea said it has discovered at least 10 sleepover “incidents” in various countries over the past couple of months. “We appreciate that people are interested in Ikea and

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Pope Francis compares media’s focus on scandal to feces obsession

Ivana Kottasova, CNN Money — Thu, 08 Dec 2016 08:01:54 +0000

LONDON (CNNMoney) — Pope Francis has compared the media’s interest in scandal to an unhealthy obsession with feces. “The media should be very clear, very transparent, and not fall prey … to the sickness of coprophilia, which is always wanting to communicate scandal, to communicate ugly things, even though they may be true,” the pope

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Big tech firms are too slow to remove hate speech

Ivana Kottasova, CNN Money — Tue, 06 Dec 2016 09:58:40 +0000

London (CNN Money) — Facebook, Twitter, Microsoft and YouTube must move faster to remove hate speech from their platforms, European officials said Monday. The four U.S. tech companies made a big public promise in May to review a majority of content flagged by users within 24 hours. Any racist, violent or illegal posts would be

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The rich are winning the global economic recovery

Ivana Kottasova, CNN Money — Fri, 25 Nov 2016 08:26:34 +0000

London (CNN Money) — The rich are winning the economic recovery. That’s according to the Organisation for Economic Co-operation and Development, which says in a new report that the poor — who were hit hard by the financial crisis — have been left behind in the global recovery. “The fruits of the economic recovery have

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The David Bowie emoji has arrived

Ivana Kottasova, CNN Money — Thu, 03 Nov 2016 22:54:37 +0000

Apple releases new David Bowie’s emojis. Bowie’s emoji has male and female versions.

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Uber drivers in U.K. win right to paid time off and minimum wage

Ivana Kottasova, CNN Money — Sat, 29 Oct 2016 09:58:07 +0000

London (CNNMoney) — Uber drivers in the U.K. won a landmark court case Friday that means they will qualify for the minimum wage, paid time off and other perks. An employment tribunal in London ruled that the drivers should be considered “workers” rather than self-employed contractors, dealing a major blow to Uber. “This is a

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