The fifth session of the National People's Congress (NPC, Supreme Authority of China) of the 12th convocation is held in Beijing. The annual sessions address the most urgent problems of the country's socio-economic development, sum up results of the previous year and sets new goals. Chairman of...

Shares of Snap company, which owns Snapchat messenger, were overvalued by the market, said analysts of Barron's business magazine. On Friday, the stock closed at $ 27.09, while on paper was worth $ 17 on the first day after the placement. According to Barron's analysts, the start-up is estimated at...

Board of Directors of Deutsche Bank AG on Sunday decided to attract € 8 billion from the market to increase the core capital adequacy ratio to 14%. The bank also announced a reorganization, under which investment and trading divisions will be combined. Having incurred billions of dollars in costs...

Overcoming doubts about the loss-making messaging app company's slowing user growth and as investors flocked to buy into the hottest technology stock offering in three years, Snap Inc's shares ended up 44 percent on their first day of trading.   Giving the company a market value of $28.3...

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...