Iris Barker
Business & Finance
Huawei increases purchases of US technology despite sanctions
Last year, China's Huawei Technologies increased spending on US technology by 70%, despite being blacklisted in the United States. This was announced by the current chairman of the company Ericโฆ
Published on April 2, 2020
By Iris Barker
Business & Finance
WSJ: Saudi Arabia can’t find buyers for its oil
Within the price war with Russia, Saudi Arabia increased oil production to a peak of 12 million barrels per day. However, the kingdom cannot find buyers of raw materials asโฆ
Published on April 1, 2020
By Iris Barker
Business & Finance
Xerox refuses intention to buy HP
The American corporation Xerox abandoned the idea of acquiring HP amid the economic consequences of the coronavirus pandemic, CNBC reported with reference to the statement of the corporation.
Published on April 1, 2020
By Iris Barker
Business & Finance
Marriott data leak exposes over 5M clients
Marriott International, the hotel chainโs managing company of the same name, reported a leak of data of about 5.2 million customers. Access to the information of guests was possible throughโฆ
Published on April 1, 2020
By Iris Barker
Economics
Mexican oil falls to $10 per barrel
Price of Mexican oil exports fell by another 20% on the first day after the weekend, stopping at $ 10.37 by the end of the day, Pemex Oil Corporation said.
Published on March 31, 2020
By Iris Barker
Economics
US gold dealers are facing shortage
A shortage of gold bars and coins on the market has arisen due to the coronavirus outbreak in the United States, The Wall Street Journal writes. According to the newspaper,โฆ
Published on March 31, 2020
By Iris Barker
Economics
Experts warn of oil excess
The world is on the verge of running out of free space for storing unclaimed oil - this will happen in just three months, according to industry experts quoted byโฆ
Published on March 29, 2020
By Iris Barker
Business & Finance
OneWeb goes bankrupt
OneWeb, which is creating the eponymous global satellite Internet system, has filed for bankruptcy. It was planned that the company would place 650 satellites in low Earth orbit, with 74โฆ
Published on March 29, 2020
By Iris Barker
Economics
G20 countries to allocate $ 5 trillion to global economy
The G20 countries will not limit themselves to easing monetary policy and will invest a total of about $ 5 trillion in support of national economies, reads a communiquรฉ ofโฆ
Published on March 27, 2020
By Iris Barker
Science & Technology
Uber sues Los Angeles authorities over user data collection
US Uber Technologies filed a lawsuit against the Los Angeles Department of Transportation in connection with the authoritiesโ demand to provide information about the whereabouts of users of a real-timeโฆ
Published on March 25, 2020
By Iris Barker
Economics
Canadian oil industry turns to government for help
The coronavirus pandemic and the oil war between Saudi Arabia and Russia resulted in a huge excess of supply over demand in the global energy market. After a landslide inโฆ
Published on March 25, 2020
By Iris Barker
Business & Finance
Facebook announces jump in use of services, revenue growth not expected
Facebook Inc. warned that the spread of coronavirus is negatively affecting its business, despite an unprecedented increase in the use of company services.
Published on March 25, 2020
By Iris Barker
World & Politics
China to lift quarantine in Wuhan on April 8
From April 8, China will cancel the quarantine regime in Wuhan, from where the coronavirus began to spread in the world. Starting from this date, authorities will allow travelling toโฆ
Published on March 25, 2020
By Iris Barker
Business & Finance
SoftBank to sell its stake in Alibaba for $14B
Japanese SoftBank Group plans to sell its stake in the Chinese e-commerce giant Alibaba Group for about $ 14 billion, Bloomberg reports citing sources familiar with the Japanese companyโs plans.
Published on March 24, 2020
By Iris Barker
Business & Finance
Apple’s market cap falls below $1 trillion
On Monday, market cap of Apple Inc. fell below $ 1 trillion; Microsoft Corp. remains the only American company with a market value above this mark.
Published on March 24, 2020
By Iris Barker
Business & Finance
United Airlines restores a number of international flights
The US airline United Airlines, one of the largest in the world, will restore some international flights, but in general there will be only 10% of the usually scheduled internationalโฆ
Published on March 23, 2020
By Iris Barker
World & Politics
Canada, Australia refuse to send athletes to Olympics 2020
Against the backdrop of the COVID-19 pandemic, the Canadian Olympic Committee and the Canadian Paralympic Committee decided not to send their athletes to the Tokyo Olympics if the event isโฆ
Published on March 23, 2020
By Iris Barker
World & Politics
Maduro says Venezuela will receive UN assistance to fight coronavirus
Venezuelan President Nicolas Maduro announced readiness of the UN to support the government of the republic in the fight against the coronavirus pandemic.
Published on March 20, 2020
By Iris Barker
Business & Finance
Apple limits online sales of iPhone to two smartphones per person
Apple has limited iPhone sales in its online stores, allowing customers to buy no more than two smartphones per person. The last time the company introduced such restrictions was inโฆ
Published on March 20, 2020
By Iris Barker
Business & Finance
Analysts: Mass adoption of cryptocurrencies will be delayed for 12-18 months
Galaxy Digital CEO Mike Novogratz said the growing economic crisis will delay mass adoption of cryptocurrencies by 12-18 months.
Published on March 19, 2020
By Iris Barker
Science & Technology
Chinese software company learns to recognize 95% of masked faces
When the whole world begins to wear masks due to the coronavirus, face recognition technologies may be less effective. However, a company from China managed to bring accuracy of recognitionโฆ
Published on March 19, 2020
By Iris Barker
Management
Noel Quinn appointed as HSBC Head
Noel Quinn has been appointed CEO of the British-Hong Kong banking group HSBC Holdings plc, the companyโs website reads.
Published on March 18, 2020
By Iris Barker
Business & Finance
Moodyโs identifies most crisis-prone industries during COVID-19 outbreak
Moodyโs rating agency has issued a forecast about which areas of the business may be most affected by the coronavirus epidemic, and which will suffer less damage. Among the mostโฆ
Published on March 18, 2020
By Iris Barker
Management
Amazon to hire 100,000 new employees
Amazon.com, the world's largest online retailer, intends to additionally hire 100,000 warehouse workers and couriers in the United States due to the growth of online orders amid the outbreak ofโฆ
Published on March 17, 2020
By Iris Barker
Economics
Airbus temporarily suspends production in France and Spain due to coronavirus
The European aircraft manufacturing concern Airbus will suspend production at factories in Spain and France over the next four days due to the spread of coronavirus, the company said inโฆ
Published on March 17, 2020
By Iris Barker
Economics
Economists warn of a global recession threat
A recession in the US economy and other countries around the world seems increasingly likely given the impact of the coronavirus pandemic on trade and financial markets, The Wall Streetโฆ
Published on March 16, 2020
By Iris Barker
Economics
Apple is closing its stores outside of Greater China until March 27
Due to the situation with coronavirus, Apple is closing its stores outside of Greater China (mainland China, Hong Kong, Macau and Taiwan) until March 27, the companyโs website said inโฆ
Published on March 16, 2020
By Iris Barker
Economics
South Korea bans short selling
On Friday, the Financial Services Commission of South Korea announced a temporary ban on the sale of uncovered shares for six months due to market instability caused by the COVID-2019โฆ
Published on March 13, 2020
By Iris Barker
Economics
ECB, Fed announce additional stimulus measures
The ECB, at its scheduled meeting on Thursday, March 12, kept all rates at the same level, but announced an additional asset repurchase of โฌ 120 billion; the Reserve Bankโฆ
Published on March 13, 2020
By Iris Barker
World & Politics
China: Coronavirus epidemic peak is over
China passed the peak of the coronavirus epidemic, said spokesman for the State Health Committee of the PRC. His statement is quoted by CGTN.
Published on March 12, 2020
By Iris Barker
Economics
US indices fall after coronavirus pandemic announced
The announcement of the coronavirus pandemic pulled down the US stock market. Major stock indices fell by a few percent.
Published on March 12, 2020
By Iris Barker
Business & Finance
38 PDVSA employees detained in Venezuela
The Venezuelan Interior Minister Nestor Reverol announced on Saturday about new detentions among employees and management of the state oil and gas corporation PDVSA, including 38 detained crew of theโฆ
Published on March 9, 2020
By Iris Barker
World & Politics
North Korea launches 3 missiles towards Sea of Japan
The North Korean military launched three missiles on Monday night, the Yonhap news agency reported with reference to the General Staff of the Republic of Korea.
Published on March 9, 2020
By Iris Barker
Business & Finance
Honda sales in China fall by 85%
Sales of the Japanese automobile concern Honda fell by 85% in February due to the spread of a new type of coronavirus COVID-19 in China, Kyodo reported.
Published on March 6, 2020
By Iris Barker
Economics
Gold prices show maximum weekly growth since 2016
Gold prices are about to end the week with maximum growth since February 2016 due to investors' concerns about the economic consequences of the outbreak of coronavirus, Reuters writes.
Published on March 6, 2020
By Iris Barker
Business & Finance
Number of paid music services subscribers grows by a quarter in USA in 2019
The American Recording Industry Association has published a report on the state of the US music industry in 2019. Its income grew by 11.7% compared to 2018, mainly due toโฆ
Published on March 5, 2020
By Iris Barker
World & Politics
Japan: We are ready to host Olympics 2020
Japan is ready to host the Summer Olympics in July 2020 despite the outbreak of coronavirus, said Olympic Minister Seiko Hashimoto in the country's parliament on Thursday.
Published on March 5, 2020
By Iris Barker
World & Politics
World Bank allocates $ 12B to combat coronavirus
The World Bank (WB) has decided to allocate $ 12 billion to combat the coronavirus COVID-19, as well as to help countries cope with the negative economic consequences of theโฆ
Published on March 4, 2020
By Iris Barker
Economics
OPEC to discuss response to falling oil prices
A series of meetings on the fate of the OPEC + deal amid a slowdown in world oil demand due to the outbreak of coronavirus and a rapid drop inโฆ
Published on March 4, 2020
By Iris Barker
Science & Technology
World’s largest retailer to use 5G for medical services
Walmart intends to launch a 5G network in its stores. This will be one of the steps to create "supercenters" that provide not only goods, but also services. 5G mayโฆ
Published on March 3, 2020
By Iris Barker
Economics
Australian Central Bank cuts base rate to record low
The Reserve Bank of Australia (RBA) lowered its key interest rate by 25 basis points to a record low 0.5% per annum to support the country's economy in the contextโฆ
Published on March 3, 2020
By Iris Barker
Business & Finance
Blackstone pays $6B for IQ Student Accommodation
Blackstone Investment Fund acquires IQ Student Accommodation, which owns 66 dormitories with 28 thousand beds in the UK. Blackstone will pay Goldman Sachs and the Wellcome Trust, now the ownersโฆ
Published on March 2, 2020
By Iris Barker
Economics
Coronavirus will bring Chinese airlines losses up to $ 14.3 billion
The outbreak of coronavirus has already affected all sectors of the Chinese economy. A sharp reduction in travel around the country and abroad has caused significant losses for airlines. Ifโฆ
Published on March 2, 2020
By Iris Barker
Economics
Saudi Arabia will seek to reduce production
The collapse in the oil market continues. The coronavirus spreading around the world is crushing the market: the epidemic will lead to the shutdown of enterprises, lower fuel consumption and,โฆ
Published on February 28, 2020
By Iris Barker
Business & Finance
SEC fines Steven Seagal for concealing ICO ad revenue
Hollywood actor Steven Seagal will pay a total of $ 314 thousand to settle claims by the U.S. Securities and Exchange Commission (SEC) in connection with concealment of the remunerationโฆ
Published on February 28, 2020
By Iris Barker
Economics
Oil prices hit 13 months low
Oil quotes continue to decline on Thursday morning after they reached lows in the last 13 months on Wednesday. They continue to be pressured by fears that the epidemic ofโฆ
Published on February 27, 2020
By Iris Barker
Business & Finance
Microsoft lowers expectations for quarterly revenue
Microsoft has lost optimism over the coronavirus. The company lowered its estimate of revenue for the current quarter, deciding that an outbreak would negatively affect sales of Windows software andโฆ
Published on February 27, 2020
By Iris Barker
Business & Finance
PSA Group net profit goes up to 13% in 2019
Net profit of the French automobile concern Groupะต PSA attributable to shareholders of the parent company, according to the results of last year, amounted to โฌ3.201 billion, an increase ofโฆ
Published on February 26, 2020
By Iris Barker
Business & Finance
United Airlines recalls profit forecast due to coronavirus
One of the world's largest airlines, United Airlines, withdrew its profit forecast for 2020 due to coronavirus.
Published on February 25, 2020
By Iris Barker
Science & Technology
JPMorgan: Transition to e-money will be based on blockchain
The blockchain technology may become the basis for the transition to digital money, JPMorgan Bank believes. In the bankโs opinion, blockchain will allow transactions to be carried out almost inโฆ
Published on February 25, 2020
By Iris Barker
