Growth of the service sector’s share in the structure of global GDP has been confirmed by current consumer behavior. Although price and quality remain key factors, 73% of respondents indicate importance of client experience in making a decision to buy and maintain brand loyalty, according to a...

Saudi Aramco, the largest oil company in the world, has broken traditions in Saudi Arabia by appointing woman to its board. This appointment is important because ether ear every few women in Saudi Arabia oil industry. This announcement was made by the company which is preparing to go public, on...

Billionaire Darwin Deason accused Jeff Jacobson, CEO of Xerox, that he actively negotiated a deal with Fujifilm, despite a ban on the part of the company's board of directors. According to the billionaire, the general director of Xerox sought to obtain guarantees from the representatives of Fuji...

Even though, the clouds of uncertainties loom over the trade and business scenario of Britain with the approaching hour for official Brexit; Peugeot decides to carry on its investments in its southern England plant. Following an announcement of Peugeot, the chief executive, Carlos Tavares, revealed...

More than 3.1 thousand employees of Google signed a collective letter. They are protesting against the company's participation in the Pentagon's program, which implies use of artificial intelligence (AI) to improve accuracy of targeting unmanned military aircraft, the newspaper The New York Times...

The world's largest advertising holding, the British company WPP, announced beginning of an investigation into the possible unlawful conduct of its permanent head Martin Sorrell. In particular, invited lawyers should check whether there are grounds for accusing Mr. Sorrell of misuse of WPP assets...

There are reports of the Deutsche Bank’s hunt for a new chief executive in pacify the investors. Paul Achleitner, the chairman of Deutsche Bank is seeing Juerg Zeltner, the ex-head of the “wealth management business of Swiss bank UBS”, as a candidate for taking the place of C.E.O after John Cryan....

On Thursday, 29 March 2018, Nokia announced its decision that this year it would slash down “353 jobs” in Finland, “its home market”. The said step is the result of a “weak global network market”, while this move also falls under “its global cost-savings plan”.   Initially, the company had...

The CFO of Daimler breaks the news that two carmakers of luxury brands of Germany are coming together to create a new division eyeing a place as a global player in the sector. BMW joins in with Daimler for a new division of “mobility services” which has aim of becoming a world player through...