Since 2008, banks around the world have paid $ 321 billion in the form of fines for various violations of the law, from money laundering to market manipulation and financing of terrorism, according to Boston Consulting Group. This amount will only be increasing in the coming years, as European and...

American company Hershey Co. decided to carry out global job cuts over the next two years. Hershey, like other food producers, in recent years faced problems such as a change in consumer preferences in the US and weakening pace of business growth in emerging markets, including China. Hershey is the...

Major oil companies reported a drop in revenue in the fourth quarter of last year. However, many executives of oil companies still retain an optimistic attitude. Oil prices have stabilized, and cost-cutting measures implemented in the last three years should enable the companies to make a profit....

Speculations on Tesla’s Model 3 Sedan launch leaves the analysts with varied opinions. Noel Randewich reported that Tesla experienced a drop in its share value following Goldman Sachs’ downgrade. As a result of which maker of electric car came down by eleven percent from its position announced in...

Confirmation of a potential merger between London Stock Exchange and Deutsche Boerse was announced on Tuesday by the board of the boards of the two firms.   After the U.K. exchange said it would not be able to meet a last-minute antitrust request from the European Commission, the 29 billion...

While independent studio A24 won the coveted best picture Oscar, and as Amazon.com Inc and Netflix Inc collected the first Academy Awards for streaming services, Silicon Valley crashed Hollywood's biggest awards show on Sunday.   Amazon and Netflix joined the ranks of the film industry's...

Even as history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market, Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc.   According to a Reuters analysis of...

Saudi Arabia’s state oil company Saudi Aramco plans to invest $ 7 billion in construction of a refinery and petrochemical complex in the southern Malaysian state of Johor. This was stated by Prime Minister of Malaysia Najib Tun Razak. According to him, this decision was made on Monday after a...

Toshiba plans to raise at least 1 trillion yen ($ 8.83 billion) from sale of its stake in the microchips business, Reuters reported, citing sources. The sale will be completed by the end of March next year, said the agency’s source. It was reported earlier that Toshiba plans include sale of more...