Two IT giants of China - Tencent and Alibaba – are directly or indirectly dominating several sectors of the Chinese economy at once, dividing spheres of influence in half. These sectors are an online retail, electronic payments, social networks, taxi services, entertainment market. Now their...

Anglo-Australian mining giant BHP Billiton, which plans to withdraw from its shale oil and gas business in the US, has received several offers to purchase these assets. However, the deal will take place no earlier than the end of 2018 or the beginning of 2019, Reuters writes citing its own sources....

Amundi, the largest asset management company in Europe, noted that institutional investors are now taking the climate change seriously, Bloomberg writes. "We are indeed seeing a turning point in institutional investors' attitude to climate change," said Frederik Samama, co-director of Amundi....

On Tuesday, the process of approving one of the largest deals in the history of agribusiness - the association of German Bayer and American Monsanto - was completed. In accordance with the decision of the US Justice Department, Bayer and Monsanto must sell assets worth $ 9 billion to a third...

The European Union had taken action to bring the funding it gives to plane maker Airbus according to the World Trade Organization rules within a few days of the ruling by the global trade dispute settlement body, said the EU to the WTO’s dispute settlement on Monday.   The path for a...

The largest animal slaughter in the history of New Zealand is set to be held as the country becomes the first in the world to attempt to eradicate the cow disease Mycoplasma bovis by culling cows to the tens of thousands.   An agreement has been reached between the government and farming...

Introduction of a new US tax on imported cars and auto parts can be a threat to the global automotive industry. However, some automakers may suffer the greatest losses. In addition to American drivers who will have to pay a higher price for new cars, many large automakers will suffer if the US...

Accused of misleading consumers, a penalty of 1.5-million-Australian dollar (1.14 million U.S. dollars) was ordered against the second largest telecommunications company of Australia by the Federal Court.   Between the period from late 2015 to early 2017 the Australian telecom company Optus...

Import tariffs can be put on car and trucks into the United States in a manner similar to what was done aluminum and steel if a national security investigation into the imports launched by the Trump administration indeed shows threat to the national security of the country.   The U.S....