Chinese pioneers in the field of digital technology aspire to grip the title of world champions, and competition plays into their hands. Uber passenger service, one of the most valuable startups in the world, decided to sell local business in favor of its Chinese rival, Didi Chuxing. Chinese fairy...

European exchange operator Euronext confirmed rumors on exclusive negotiations with London Stock Exchange (LSE) to buy French business of clearing house LCH. The deal could help regulators get approval for LSE - Deutsche Boerse merger, reports Financial Times. Three months ago, LSE offered to sell...

In III quarter of 2016, Uber taxi service recorded an adjusted loss of more than $ 800 million due to price wars with Lyft in the United States and high costs of new initiatives, according to the Financial Times and its sources. The newspaper notes that the situation in the company is gradually...

Reuters reported that to settle a probe over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice has asked Credit Suisse to pay between $5 billion and $7 billion.   Reuters quoted a source with knowledge of the matter saying...

Minister of Foreign Affairs of Saudi Arabia Adel Al-Jubeir says Saudi Arabia may still decide to sell shares of oil giant Aramco in New York, even after the United States passed a law that allows victims of the September 11 attacks to sue the kingdom. The kingdom is considering markets from Hong...

Deutsche Bank has shown a significant increase in securities after a prolonged crisis, Bloomberg writes. It amounted to 57% over the last three months of 2016, while the trend has been negative a few quarters in a row, starting from the II quarter of 2015. As the newspaper writes, such optimism of...

To claw back market share dented by relentless competition from low-cost carriers and a damaging dispute with pilots, Israel's national airline, El Al, is betting on a billion-dollar overhaul of its ageing fleet.   Thanks to the kind of stringent security that sees it equip planes with...

With the details of Starbucks Corp’s appeal of a 30 million-euro ($32 million) tax repayment order being made public for the first time, the coffee chain attacked “manifest errors” by European Union competition watchdogs.   According to a summary of its appeal published this week,...

Increasingly more investors begin to care not only about their own profit, but also about benefits to society. They are willing to invest and subsequently maintaining concepts they consider valuable, such as protecting the environment, or combating problems of society and government. Movement of...