Weekend business update: Ryan Air, Samsung and Blockchain technology

Weekend business update: Ryan Air, Samsung and Blockchain technology

BM’s daily business update provides you with a daily dose of headlines from the past 24 hours. Get a quick overview of what has happened in the global markets to prepare yourself for the day. Subscribe to our push notifications down in the left corner to receive this update directly to your device of preference.

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RyanAir has canceled another 400 flights in 5 different countries as the strikes continue. The stock is down 2.76% and if Ryan Air won’t get this under control, the stock is likely to continue this development.

Testa fans around the world are showing their support for Elon Musk who recently made headlines when saying he is going to take Tesla private. Elon Musk fans are saying their support will remain even if the company goes private.

Samsung made a lot of announcements its largest conference this year, Unpacked 2018. Galaxy note 9, a new smartwatch and Galaxy Home, a competitor to Google Home and Apple Home Pad.

The FCA is recruiting senior staff in order to prepare for Brexit, this is, of course, creating jobs in the United Kingdom but what will it mean for companies such as Plus500, eToro, and Markets.com? Will they still operate in the UK?

David Marcus, the head of Facebook messenger, has recently shared his thoughts on how blockchain technology can be leveraged by Facebook. Will the social giant adopt blockchain?

The World Bank is going to adapt blockchain technology for a new initiative, little information is available but they have named it “Blockchain Offered New Debt Instrument”

Bitcoin, Ethereum, XRP, Bitcoin cash, and EOS are all at a massive lost latest 24H. This following a 20% drop of the total value of the cryptocurrency market that happened over a 2 weeks period.

Only three coins have positive price development, NXT, Metaverse ETP and MOAC.