Avatar

Iris Barker


Microsoft admits wiretapping users

Microsoft has confirmed the fact of collection of audio recordings of the process of user communication with the voice assistant Cortana and Skype Translator, reports Reuters.
Published on August 15, 2019
By Iris Barker

Eurozone economy slows down in Q2

Eurozone GDP growth in the second quarter of 2019 was only 0.2%, doubling twice as compared to January-March, shows data from Eurostat. The EU economy as a whole grew byโ€ฆ
Published on August 15, 2019
By Iris Barker

Analysts wait for Tencent to grow again

Tencent Holdings is expected to report improved financials during the quarterly report, while the market expects revenue growth and profits of the Chinese giant. It is assumed that mobile gamesโ€ฆ
Published on August 14, 2019
By Iris Barker

Boeing shipments fall by 38% in 2019

In January-July, Boeing reduced supply of passenger aircraft by 38% compared with the same period in 2018, follows from the companyโ€™s data. The number of goods sold decreased from 417โ€ฆ
Published on August 14, 2019
By Iris Barker

Investment banks laid off 30 thousand employees since April 2019

Over the past few months, the largest investment banks in the United States and the EU announced a total dismissal of about 30 thousand employees amid falling trade volumes, costsโ€ฆ
Published on August 13, 2019
By Iris Barker

Experts: German economy is on the verge of recession

Even zero growth in German exports is a success in the current crisis state of the world economy, experts say. Some say that Germany is on the verge between recessionโ€ฆ
Published on August 12, 2019
By Iris Barker

Norway pension fund holds off on ditching oil companies

In November 2017, the largest sovereign investment fund in the world, the Norwegian Oil Fund, with assets reaching $ 1 trillion, shocked global markets. Representatives of the fund said theyโ€ฆ
Published on August 12, 2019
By Iris Barker

Broadcom to buy Symantec

The semiconductor manufacturer expects to increase annual revenue by $ 2 billion through the deal.
Published on August 9, 2019
By Iris Barker

Chinese exports grow thanks to temporary demand

Despite the effect of US duties, the volume of exports from China in July increased by 3.3% compared to the same period last year (against a decline of 1.3% inโ€ฆ
Published on August 9, 2019
By Iris Barker

Former HSBC chief pledges guilty in โ‚ฌ 1.6 bln tax evasion

The Paris court fined โ‚ฌ 500 thousand and sentenced to imprisonment for a term of one year Head of the Swiss HSBC affiliate for wealthy clients Peter Braunwalder.
Published on August 8, 2019
By Iris Barker

UK railway operators exit Interrail system

UK railway operators will leave the Interrail scheme, which allowed traveling by train around Europe at a fixed price without restrictions, The Guardian reports.
Published on August 8, 2019
By Iris Barker

Dozens of British Airways flights canceled or delayed due to computer malfunction

A major malfunction occurred on Wednesday morning in the British Airways computer system, British media reported.
Published on August 7, 2019
By Iris Barker

Mastercard to buy Danish payment system Nets for โ‚ฌ2.85 billion

American Mastercard, the second largest payment system in the world, has signed an agreement to purchase Danish technology company Nets A/S for โ‚ฌ2.85 billion ($ 3.19 billion).
Published on August 7, 2019
By Iris Barker

Hong Kong magnates lose $ 19 billion due to protests

Wealth of Hong Kong businessmen has declined markedly over the past two weeks in the active phase of the protests.
Published on August 6, 2019
By Iris Barker

China keeps importing Iranian oil in spite of US sanctions

Tankers related to the Chinese state-owned company China National Petroleum Corporation (CNPC) continue to supply Iranian oil to China despite sanctions against Iran, the United States discovered. This was reportedโ€ฆ
Published on August 6, 2019
By Iris Barker

More than 18 thousand lawsuits filed against Bayer in USA

The German chemical and pharmaceutical concern Bayer said that the number of lawsuits against the company in US courts has reached 18,400. Monsanto is accused of producing a poisonous herbicideโ€ฆ
Published on August 5, 2019
By Iris Barker

Central banks, professional investors are increasing demand for gold

According to GFMS Refinitiv estimates, in the first half of 2019 there was a noticeable decline in demand for gold. However, this has not affected the price; gold quotes continuedโ€ฆ
Published on August 5, 2019
By Iris Barker

Shell’s profit drops to 2.5 years minimum due to low oil and gas prices

Royal Dutch Shell's profit in the second quarter fell to a minimum of two and a half years due to lower gas prices and refining margins, and fell short ofโ€ฆ
Published on August 2, 2019
By Iris Barker

Samsung wins in the US-China trade war

Both winners and losers from the U.S.-China trade war and Donald Trumpโ€™s sanctions against Chinese technology companies have now become visible in the global smartphone market. Samsung feels best ofโ€ฆ
Published on August 2, 2019
By Iris Barker

Marijuana legalization: Did Canada benefit from cannabis boom?

Almost a year ago, Canadian authorities legalized marijuana use. What did they achieve, and why, despite hopes of the business, the legal production of cannabis is not growing so fast?
Published on August 1, 2019
By Iris Barker

Global low-cost airlines increase passenger flow

According to calculations of the International Air Transport Association (IATA), the passenger flow amounted to 4.4 billion people in 2018, the seat occupancy rate grew to a record 81.9%. Theโ€ฆ
Published on August 1, 2019
By Iris Barker

Airbus net profit grows by 141% in the first half of 2019

The largest European aircraft manufacturing corporation Airbus published financial results of the second quarter and the first half of the year. According to Airbus CFO Guillaume Faury, โ€œthe results ofโ€ฆ
Published on July 31, 2019
By Iris Barker

Investments in the UK car sector fall by more than 70% due to Brexit risk

Investments in the UK car sector fell by more than 70% in the first half of the year due to fears about Brexit, the British Society of Motor Manufacturers andโ€ฆ
Published on July 31, 2019
By Iris Barker

Research: Anonymous data is not so anonymous anymore

Databases of medical institutions, insurance companies, telecom operators or entertainment services that do not contain a personโ€™s first and last name are no longer personal data from the point ofโ€ฆ
Published on July 30, 2019
By Iris Barker

Ripple’s Head tries to defend cryptocurrencies before the US Congress

Brad Garlinghouse, Head of California-based Fintech startup Ripple, and co-founder Chris Larsen, wrote an open letter to the US Congress on the eve of relevant hearings at the Senate Bankingโ€ฆ
Published on July 30, 2019
By Iris Barker

World’s top ten most profitable companies: Economic clout is leaving the US

The Fortune Global 500 list for 2019 shows how economic power is moving from the United States to other countries. This time only 4 US companies entered the top 10โ€ฆ
Published on July 29, 2019
By Iris Barker

LSE sets to buy Refinitiv

The London Stock Exchange (LSE) is negotiating purchase of the financial information-analytical company Refinitiv. The transaction may reach $ 27 billion, and create the world's largest publicly traded capital analysisโ€ฆ
Published on July 29, 2019
By Iris Barker

Alphabet net profit increases by 32% in the first half of 2019

In the first half of 2019, Alphabet Inc. (USA), which owns Google, increased its net profit to $ 16.6 billion, by 32% compared to the same period in 2018, accordingโ€ฆ
Published on July 26, 2019
By Iris Barker

Facebook loses half of the profit due to record fine

Facebook reported for the second quarter and the first half of the year: the net profit of the social network in both cases decreased by half. Such a sharp dropโ€ฆ
Published on July 26, 2019
By Iris Barker

Total to sell assets for $ 5 bln amid market volatility

French Total SA reported for the second quarter of this year. During the reporting period, the company's net profit fell by 26% to $ 2.8 billion. Total itself explains thisโ€ฆ
Published on July 25, 2019
By Iris Barker

Facebook to pay $5 bln fine within Cambridge Analytica scandal

Facebook will pay $ 5 billion in settlement of the US Federal Trade Commission (FTC)โ€™s charges in violation of user privacy. The agreement was announced by the FTC; the paperโ€ฆ
Published on July 25, 2019
By Iris Barker

PSA Group reaches record profitability

In the first half of the year, the French automobile concern PSA Group (Peugeot, Citroen, DS, Opel and Vauxhall brands) reported an increase in total operating profit by 10.6% toโ€ฆ
Published on July 24, 2019
By Iris Barker

Japanese Canon’s profit falls by 55.6% in Q2

Japanese Canon Inc., a leading global camera maker, lowered its earnings and revenue forecasts for 2019. The company's net profit collapsed in Q2 by 55.6% in annual terms.
Published on July 24, 2019
By Iris Barker

Apple negotiates buying 5G modems from Intel

Apple Inc. is actively negotiating with Intel Corp. about buying a modem business for smartphones. Amount of the possible deal is estimated at about $ 1 billion, writes The Wallโ€ฆ
Published on July 23, 2019
By Iris Barker

Chinese economy is growing at the slowest rate since 1992

The Chinese GDP has grown by 6.2% in the second quarter; this is the lowest figure since 1992, when the National Bureau of Statistics of China began to publish quarterlyโ€ฆ
Published on July 23, 2019
By Iris Barker

American Halliburton’s profit collapses 2.4 times in the first half of 2019

Net profit of the American oilfield service company Halliburton Inc. decreased in January-June by 2.4 times in annual terms to $ 229 million, follows from the company's statements.
Published on July 22, 2019
By Iris Barker

US retail stores are leaving offline space

Development of online commerce, which allows sellers to significantly save money, is encouraging companies to close their physical stores. As a result, more than 7 thousand points of sales wereโ€ฆ
Published on July 22, 2019
By Iris Barker

More than 50 companies are leaving China due to trade war

More than 50 companies, including Apple and Nintendo, have announced or are considering plans to move production from China to avoid US duties, according to Nikkei Asian Review.
Published on July 19, 2019
By Iris Barker

eBay profit declines by 12.3% in the first half of 2019

The net profit of the world's largest online auction site eBay declined in the first half of the year by 12.3% in annual terms to $ 920 million, the companyโ€ฆ
Published on July 18, 2019
By Iris Barker

Tech giants face stricter government regulation in the US

The US Congress commenced hearings on the growing market influence of leading high-tech companies, namely, Amazon, Apple, Facebook and Google. The companies had to respond to claims of market dominance,โ€ฆ
Published on July 18, 2019
By Iris Barker

Car sales in Europe hit record low in June

After a slight increase in May, car sales in Europe showed a fall of 7.8%. This is a record decline since December last year. According to the European Automobile Manufacturersโ€ฆ
Published on July 17, 2019
By Iris Barker

OPEC expects overproduction on global oil market

The International Energy Agency (IEA) forecasts overproduction of oil in the world. โ€œOur balance sheet shows potential overproduction next year from non-OPEC states, especially from the United States. In theโ€ฆ
Published on July 17, 2019
By Iris Barker

Xiaomi invests in Chinese chip maker VeriSilicon

Xiaomi acquired approximately 6% of VeriSilicon Holdings chip maker, supporting reorganization of its strategy, in which it sees semiconductors as a center of innovation.
Published on July 16, 2019
By Iris Barker

Johnson & Johnson paper collapse amid investigation of asbestos content in J&J products

Quotes of the company fell by 4% after appearance of information about a criminal investigation in the United States.
Published on July 15, 2019
By Iris Barker

Thomas Cookโ€™s largest shareholder is ready to help in exchange for controlling interest

The world's oldest travel company, Thomas Cook, announced that negotiations with its largest shareholder, the Fosun Tourism Group, and creditor banks about a new large package of investments in theโ€ฆ
Published on July 15, 2019
By Iris Barker

Global PC shipments grow by 5% due to fear of trade wars

Worldwide shipments of traditional personal computers (PCs) in Q2 2019 increased 4.7% to 64.9 million units. One of the reasons for the increase in demand is the expected rise inโ€ฆ
Published on July 12, 2019
By Iris Barker

OECD assesses benefits of 5G

The new generation of wireless networks - 5G - will contribute to economic growth by increasing productivity and stimulating innovation, as well as will prompt development of new forms ofโ€ฆ
Published on July 12, 2019
By Iris Barker

India is waiting for heavy rains to revive weak economy

India needs heavy rainfall during the monsoon season. Rain could stimulate agricultural production and prompt growth of the third largest economy in Asia, but so far the precipitations have notโ€ฆ
Published on July 11, 2019
By Iris Barker

Fed’s Powell doubts Facebook’s Libra, Bitcoin drops sharply

The world's most famous cryptocurrency, which experienced yet another parabolic growth in 2019, collapsed by 12% to $ 11,300 on Thursday. Bitcoin exceeded the 17-month high above $ 13,000 beforeโ€ฆ
Published on July 11, 2019
By Iris Barker

France announces new tax for air fares

The Minister of Transport of France, ร‰lisabeth Borne, announced her intention to introduce an environmental tax on all flights of aircraft departing from France starting from 2020.
Published on July 10, 2019
By Iris Barker
Previous 1โ€ฆ6162636465โ€ฆ105 Next