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Tesla Accelerates Market Repositioning With Launch of Lower-Cost Model 3 Variant in Europe 12/05/2025

Building the Shield: Private Companies on the Frontlines of Energy Sovereignty 12/10/2025

China’s Trade Picture Splits in November as Export Strength Masks Persistent Import Weakness 12/08/2025

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New head of Nestle is going to conquer the US market

According to experts, conquest of the American market will be one of the main challenges for Ulf Mark Schneider, new Head of Swiss company Nestlé. It is noted that Schneider, who was appointed CEO of the world’s largest manufacturer of food and beverage, will take up his office from 1 January 2017....

Shell’s Strategic Move To Cope With Low Oil Prices

Shell sells 51% stake as the crude price tumbles down. Royal Dutch Shell is an oil giant which has reportedly completed selling out its fifty one percent stake “in its refining business” of Malaysia for a sum of “$66.3m”. The company of FTSE 100 made the sale of its “interest” in the...

James Quincey to become new CEO of Coca-Cola

Chief Executive Officer of Coca-Cola Muhtar Kent resigns on May 1, 2017. He it will be replaced by James Quincey, who currently occupies position of President and Chief Operating Officer (COO) in Coca-Cola, said the company in a statement. Kent will keep his seat in the board of directors. Quincey...

Samsung Will Be Disclosing New ‘Shareholder Return Plans’ While The Company Faces Pressure To Split Itself: Reuters

Jay Y. Lee to supervise new “shareholder return plans” of Samsung. Reuters reports that Samsung Electronics Co Ltd will be disclosing its plans in an attempt enhance the “shareholder value on Tuesday”. The said move of Samsung prompted under the pressure from “U.S. fund Elliott Management”, which...

Mark Zuckerberg named Businessperson of the Year

Founder of Facebook Mark Zuckerberg has won first place in the "Businessperson of the Year" by Fortune magazine. The list includes 50 people in total. "Mark Zuckerberg has built a company worth $ 375 billion, which brings a profit of $ 22 billion and has about 1.8 billion users - writes Fortune. -...

Facebook to compete with LinkedIn

Facebook started testing of a new feature that will allow companies to publish a list of open positions, and to receive feedback directly on the social network. Thus, Mark Zuckerberg’s company is actually going to enter into an open confrontation with LinkedIn, which receives a large part of its...

An Update On Wells Fargo’s Management

Rabusch to say goodbye to Wells Fargo. According to Reports the president of Funds at Wells Fargo will be retiring soon. The president Karla Rabusch held the position at Well Fargo besides heading the Wells Fargo Funds Management. She began her journey at Wells Fargo back in the year of 1997....

Musk On Tesla’s ‘Self-Driving’ EV: Autopilot

Amid criticisms, competitions and conflict, Tesla prepares for its autonomous electric vehicles. Tesla announces to be the first U.S. automaker to create completely “self-driving” electric cars. The Models of X, S along with “new model 3 sedan” will be made with “the hardware needed for full...

Americans work longer than Europeans

As shown by a recent study, Americans are more industrious than their European counterparts. They spend more time at work, and in addition, they retire later. The study calculated the number of hours that Americans and Europeans spend at work. The researchers found out that an average European...

First jobs of the most famous American billionaires

None of the current billionaires was born rich and successful, and their wealth had not suddenly jumped to billions of dollars. Every well-known modern American investor or financier had his own long and thorny road, only their first steps were completely different. Many famous people admit that...