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Iris Barker


Deutsche Bank announces large-scale restructuring plan, investors aren’t convinced

Deutsche Bank, which has been experiencing serious problems in recent years, decided to take drastic measures in order to return customers and investor confidence. The company announced a large-scale businessโ€ฆ
Published on July 10, 2019
By Iris Barker

Nestle’s Head: Veggie meat is new megatrend

According to the chief executive officer of Nestle, the world's largest producer of food products, the veggie "meat" will turn from an exotic alternative into a "significant megatrend."
Published on July 9, 2019
By Iris Barker

Top 4 tech IPOs worth attention

In the first half of 2019, Uber, Lyft, Slack, Zoom and other companies debuted on the stock exchange, but their dynamics turned out to be ambiguous. Zoom, for example, hasโ€ฆ
Published on July 9, 2019
By Iris Barker

Huawei may introduce Android replacement in August

Huawei has announced Huawei Developer Conference 2019. During the event, the manufacturer may present its own mobile operating system, which should be a possible replacement for Android.
Published on July 8, 2019
By Iris Barker

Austria to issue 100-year bonds once again

Austria has hired banks to issue five-year bonds for โ‚ฌ3 billion and can also issue 100-year bonds, writes Financial Times referring to a banker familiar with the situation. According toโ€ฆ
Published on July 8, 2019
By Iris Barker

German industry switches to part-time schedule

Since the end of 2017, increasingly more workers in Germany are switching to part-time work. Weak economic growth is reflected in the labor market, according to researchers from the ifoโ€ฆ
Published on July 5, 2019
By Iris Barker

Eurozone economy slowdown is no longer temporary

The slowdown in economic growth in the euro zone should no longer be seen as a โ€œtemporary downturn,โ€ and the European Central Bank should prepare for a worsening of theโ€ฆ
Published on July 5, 2019
By Iris Barker

Italy avoids EU sanctions for high national debt

Italy avoided the threat of disciplinary action from the EU by convincing the European Commission that the new measures introduced this week will help bring the country's growing debt inโ€ฆ
Published on July 4, 2019
By Iris Barker

Volume of cross-border M&As falls by 45% in the first half of 2019

According to Refinitiv, in the first half of the year, the global volume of mergers and acquisitions (M&A) amounted to $ 2 trillion, which is 12% less than in theโ€ฆ
Published on July 4, 2019
By Iris Barker

Morgan Stanley downgrades oil prices forecast for 2019

Experts at Morgan Stanley lowered the forecast for oil prices for the second half of 2019 after OPEC + decided to extend the deal to reduce oil production by theโ€ฆ
Published on July 3, 2019
By Iris Barker

Top 3 most successful IPOs of 2019

The current year brought quite a few large IPOs. Shareholders who had time to invest in the most successful "newbies" are now reaping the fruits of their success. So whichโ€ฆ
Published on July 3, 2019
By Iris Barker

Trump allocates 4.6 bln to help migrants

US President Donald Trump has signed a bill to allocate $ 4.6 billion to solve problems with immigrants at the US-Mexico border, the Associated Press reported.
Published on July 2, 2019
By Iris Barker

Are US high-tech investors causing brain drain in Europe?

Last week, a group of British scientists in the field of quantum computing moved to Silicon Valley to establish a startup called PsiQ. The company is invested from Playground ventureโ€ฆ
Published on July 2, 2019
By Iris Barker

Alitalia finds a savior

Bolivian entrepreneur of Polish origin German Efromovich announced his plans to buy out a stake in the problem Italian air carrier Alitalia. According to Mr. Efromovich, he could easily buyโ€ฆ
Published on July 1, 2019
By Iris Barker

Eurostat: Annual inflation in euro area stays below ECB target

Inflation in the eurozone was stable in June, remaining well below the target level of the European Central Bank.
Published on June 28, 2019
By Iris Barker

Uber stock climb above placement price for the first time since IPO

On Thursday, papers of Uber Technologies taxi service finished trading on the New York Stock Exchange above the price of accommodation for the first time in a month.
Published on June 28, 2019
By Iris Barker

H&M net profit falls by 11% in the first half of 2019

Swedish Hennes & Mauritz AB (H&M), the owner of Europeโ€™s second largest clothing store, released data showing that net profit for the first half of the 2018-2019 fiscal year endingโ€ฆ
Published on June 27, 2019
By Iris Barker

Reuters: Chinese hackers were stealing data from IT giants for years

Reuters presented its own investigation, which shows that Chinese companies have been stealing data from Western companies for years, hacking into cloud services and other IT services. Among the ITโ€ฆ
Published on June 27, 2019
By Iris Barker

San Francisco becomes the first US city to ban e-cigarettes sale

San Francisco became the first US city to ban the sale of electronic cigarettes. The relevant decree was issued in the city council on June 26. The council voted toโ€ฆ
Published on June 26, 2019
By Iris Barker

China stops Canadian pork import

Beijing has declared veterinary certificates accompanying products fake.
Published on June 26, 2019
By Iris Barker

Trump ponders termination of military agreement with Japan

US President Donald Trump discussed with his entourage withdrawal from the agreement on mutual cooperation and security guarantees with Japan, which was signed in 1951, Bloomberg reports on Tuesday.
Published on June 25, 2019
By Iris Barker

FIdelity, Facebook help Bitcoin hit six-months high

On Monday, the value of Bitcoin updated the sixteen-month maximum, hitting above the level of $ 11 thousand. The volume of open positions in futures contracts for the digital currencyโ€ฆ
Published on June 25, 2019
By Iris Barker

Facebook cofounder: Libra cryptocurrency is risky

Chris Hughes, one of Facebook founders, believes that with the advent of Libra's cryptocurrency, control over monetary policy will shift from state central banks to private companies.
Published on June 24, 2019
By Iris Barker

US Eldorado Resorts casino chain to buy Caesars Entertainment for $ 8.7 billion

The American casino chain Eldorado Resorts and its competitor, Caesars Entertainment, have reached an agreement on a merger, reports Bloomberg, citing sources. Officially, the deal can be announced on Monday,โ€ฆ
Published on June 24, 2019
By Iris Barker

Global gold prices rise above $ 1,400 per ounce for the first time since September 2013

World prices for gold with immediate delivery rose on exchanges in Asia by 1.7% to $ 1,411.63 per ounce. The cost of gold rose above $ 1,400 per ounce forโ€ฆ
Published on June 21, 2019
By Iris Barker

A number of airlines stop flights over the Strait of Hormuz

The incident with the downed Iranian drone of the United States made a number of international airlines refuse to fly over the Strait of Hormuz and the Persian Gulf.
Published on June 21, 2019
By Iris Barker

US Steel to reduce production due to lower demand

US Steel has announced shutdown of 3 blast furnaces in the United States and Europe. The planned reduction in the production of rolled products by the American company can amountโ€ฆ
Published on June 20, 2019
By Iris Barker

Fed loses patience, says it’s ready to support US economic activity

Following the June meeting, the Federal Reserve System (FRS) of the USA left the key rate at 2.25โ€“2.5% per annum. At the same time, the watchdog declared its readiness "toโ€ฆ
Published on June 20, 2019
By Iris Barker

China’s first solar power molten salt plant sets record

China's first solar power plant using molten salt as a coolant with a capacity of 100 megawatts in Dunhuang (Gansu Province) has successfully generated electricity at full power, reports Chinanews.com.
Published on June 19, 2019
By Iris Barker

US-China trade war, slowdown in global economies may drag oil prices down

The oil market may collapse in the event of an escalation of the trade war between China and the United States, analysts of Bank of America Merill Lynch wrote inโ€ฆ
Published on June 19, 2019
By Iris Barker

Former UEFA President detained to testify in a corruption case

Former President of the Union of European Football Associations (UEFA), Michel Platini, was detained on Tuesday to give testimony within the investigation into a corruption case in vote for theโ€ฆ
Published on June 18, 2019
By Iris Barker

Italy’s national debt rose to a historic high โ‚ฌ 2.373 trln

The size of the public debt of Italy in April of this year set another record and reached a historic high of โ‚ฌ2.373 trillion, the country's central bank Bankitalia, said.
Published on June 17, 2019
By Iris Barker

WSJ announces imminent start of Boeing 737 MAX flight tests

The US Federal Aviation Administration (FAA) may launch flight tests of Boeing 737 MAX aircraft already this week since the manufacturer has corrected the shortcomings in automated systems that causedโ€ฆ
Published on June 17, 2019
By Iris Barker

Visa, Uber and others to invest $ 10 million in Facebook cryptocurrency

Operators of payment systems Visa Inc., Mastercard Inc. and PayPal Holding Inc., as well as Uber Technologies Inc., providing services for taxi orders and food delivery, and several other largeโ€ฆ
Published on June 14, 2019
By Iris Barker

Palladium deficit is pushing prices up

On Thursday, palladium prices updated a one and a half month high, rising to the level of $ 1,440 per troy ounce. Chinaโ€™s plans to stimulate demand for cars, tougherโ€ฆ
Published on June 14, 2019
By Iris Barker

Ford to recall more than 1.2 million vehicles in North America

American carmaker Ford will recall more than 1.2 million vehicles in North America, mainly from the United States, as well as from Canada and Mexico, due to problems that increaseโ€ฆ
Published on June 13, 2019
By Iris Barker

Will Italy issue its own currency?

The idea of creating a national currency and exit from the euro zone has been discussed in Italy for several years, but now it has again attracted much attention. Thisโ€ฆ
Published on June 13, 2019
By Iris Barker

EU watchdogs block Tata Steel-ThyssenKrupp merger

The European Commission announced ban on the merger of Tata Steel and ThyssenKrupp, explaining this decision by concerns about rising prices and reducing competition in the steel market in Europe.
Published on June 12, 2019
By Iris Barker

Statements of the American authorities pushed up demand for gold

Total assets of the funds investing in gold, updated the ten-week maximum, approaching the mark of 2.24 thousand tons. The growing interest in the precious metal is taking place againstโ€ฆ
Published on June 12, 2019
By Iris Barker

Iranian Foreign Minister urges other countries to abandon the dollar

Iranian Foreign Minister Mohammad Javad Zarif said that much of the US economic influence will "disappear" if countries around the world give up the dollar as the main currency forโ€ฆ
Published on June 11, 2019
By Iris Barker

Study: Machine learning is five times more harmful for the environment than a car

Scientists at the Massachusetts Institute of Technology (MIT) decided to find out how much energy is required by advanced machine learning models and how much carbon dioxide they emit inโ€ฆ
Published on June 11, 2019
By Iris Barker

Raytheon and United Technologies to create defense and aerospace giant

A new defense and aerospace giant will appear in the US: Raytheon and United Technologies have announced a merger. The list of products from both companies is simply immense: Raytheonโ€ฆ
Published on June 10, 2019
By Iris Barker

China introduces American-like export control

Trade relations between China and the United States are deteriorating despite numerous meetings of the parties and attempts to reach agreement. Donald Trump prohibited American companies to working with Huaweโ€ฆ
Published on June 10, 2019
By Iris Barker

The EC recommends starting penalty procedure against Italy

The European Commission (EC) recommended starting the penalty procedure against Italy due to the violation of the European Stability Pact. In connection with the further deterioration of the budget situationโ€ฆ
Published on June 7, 2019
By Iris Barker

United States is looking for rare earth metals suppliers outside of China

Against the background of reports on the possible restriction of the export of rare earth metals from China, the US Department of Defense is negotiating with other manufacturers.
Published on June 7, 2019
By Iris Barker

IMF: Probability of global recession in connection with new duties is low

Managing Director of the International Monetary Fund, Christine Lagarde, said on Wednesday that the IMF currently does not see the threat of a global recession due to the escalation ofโ€ฆ
Published on June 6, 2019
By Iris Barker

3 German giants that lost their fame

Germany has long been a symbol of developed industry, successful companies and efficient business. However, recently the situation has begun to change, and not for the better.
Published on June 6, 2019
By Iris Barker

US tech giants lose $ 182 billion due to possible antitrust investigation

The total market capitalization of four US IT corporations โ€” Alphabet, Amazon, Apple and Facebook โ€” sank by $ 182 billion after it became known that an antitrust investigation couldโ€ฆ
Published on June 4, 2019
By Iris Barker

SpaceX is now worth more than Tesla

SpaceX successfully launched 60 Starlink satellites into orbit and reported that in 2019 it raised more than $ 1 billion in funding. SpaceX is now valued at $ 33.3 billion,โ€ฆ
Published on June 3, 2019
By Iris Barker

UK activists publish offshore rating, find the “axis of tax evasion”

The British non-governmental organization Tax Justice Network (TJN), acting โ€œfor fair taxationโ€, presented the Corporate Tax Haven Index. The paper rates countries by possibilities of tax evasion in corporate law.โ€ฆ
Published on June 3, 2019
By Iris Barker
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