
Iris Barker
Science & Technology
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
Economics
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 byโฆ
Published on August 15, 2019
By Iris Barker
Business & Finance
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 gamesโฆ
Published on August 14, 2019
By Iris Barker
Business & Finance
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 companyโs data. The number of goods sold decreased from 417โฆ
Published on August 14, 2019
By Iris Barker
Management
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, costsโฆ
Published on August 13, 2019
By Iris Barker
Economics
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 recessionโฆ
Published on August 12, 2019
By Iris Barker
Business & Finance
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 theyโฆ
Published on August 12, 2019
By Iris Barker
Business & Finance
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
Economics
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% inโฆ
Published on August 9, 2019
By Iris Barker
Management
Former HSBC chief pledges guilty in โฌ 1.6 bln tax evasion
The Paris court fined โฌ 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
World & Politics
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
World & Politics
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
Business & Finance
Mastercard to buy Danish payment system Nets for โฌ2.85 billion
American Mastercard, the second largest payment system in the world, has signed an agreement to purchase Danish technology company Nets A/S for โฌ2.85 billion ($ 3.19 billion).
Published on August 7, 2019
By Iris Barker
Business & Finance
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
World & Politics
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 reportedโฆ
Published on August 6, 2019
By Iris Barker
Business & Finance
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 herbicideโฆ
Published on August 5, 2019
By Iris Barker
Economics
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 continuedโฆ
Published on August 5, 2019
By Iris Barker
Business & Finance
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 ofโฆ
Published on August 2, 2019
By Iris Barker
Business & Finance
Samsung wins in the US-China trade war
Both winners and losers from the U.S.-China trade war and Donald Trumpโs sanctions against Chinese technology companies have now become visible in the global smartphone market. Samsung feels best ofโฆ
Published on August 2, 2019
By Iris Barker
World & Politics
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
Business & Finance
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%. Theโฆ
Published on August 1, 2019
By Iris Barker
Business & Finance
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, โthe results ofโฆ
Published on July 31, 2019
By Iris Barker
Economics
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 andโฆ
Published on July 31, 2019
By Iris Barker
Science & Technology
Research: Anonymous data is not so anonymous anymore
Databases of medical institutions, insurance companies, telecom operators or entertainment services that do not contain a personโs first and last name are no longer personal data from the point ofโฆ
Published on July 30, 2019
By Iris Barker
Business & Finance
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 Bankingโฆ
Published on July 30, 2019
By Iris Barker
Economics
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 10โฆ
Published on July 29, 2019
By Iris Barker
Business & Finance
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 analysisโฆ
Published on July 29, 2019
By Iris Barker
Business & Finance
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, accordingโฆ
Published on July 26, 2019
By Iris Barker
Business & Finance
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 dropโฆ
Published on July 26, 2019
By Iris Barker
Business & Finance
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 thisโฆ
Published on July 25, 2019
By Iris Barker
Business & Finance
Facebook to pay $5 bln fine within Cambridge Analytica scandal
Facebook will pay $ 5 billion in settlement of the US Federal Trade Commission (FTC)โs charges in violation of user privacy. The agreement was announced by the FTC; the paperโฆ
Published on July 25, 2019
By Iris Barker
Business & Finance
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% toโฆ
Published on July 24, 2019
By Iris Barker
Business & Finance
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
Business & Finance
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 Wallโฆ
Published on July 23, 2019
By Iris Barker
Economics
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 quarterlyโฆ
Published on July 23, 2019
By Iris Barker
Business & Finance
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
Business & Finance
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 wereโฆ
Published on July 22, 2019
By Iris Barker
Economics
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
Business & Finance
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 companyโฆ
Published on July 18, 2019
By Iris Barker
Science & Technology
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,โฆ
Published on July 18, 2019
By Iris Barker
Business & Finance
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 Manufacturersโฆ
Published on July 17, 2019
By Iris Barker
Economics
OPEC expects overproduction on global oil market
The International Energy Agency (IEA) forecasts overproduction of oil in the world. โOur balance sheet shows potential overproduction next year from non-OPEC states, especially from the United States. In theโฆ
Published on July 17, 2019
By Iris Barker
Business & Finance
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
Business & Finance
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
Business & Finance
Thomas Cookโs 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 theโฆ
Published on July 15, 2019
By Iris Barker
Economics
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 inโฆ
Published on July 12, 2019
By Iris Barker
Economics
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 ofโฆ
Published on July 12, 2019
By Iris Barker
Economics
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 notโฆ
Published on July 11, 2019
By Iris Barker
Business & Finance
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 beforeโฆ
Published on July 11, 2019
By Iris Barker
World & Politics
France announces new tax for air fares
The Minister of Transport of France, รlisabeth 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