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Iris Barker


EC warns the US against arresting European assets in Cuba

The EU authorities have notified the US Chamber of Commerce that they will confiscate the assets of US companies on their territory if American firms try to seize the assetsโ€ฆ
Published on May 31, 2019
By Iris Barker

Microsoft tells about operating system of the future

Microsoft Vice President Nick Parker told about his view on a modern operating system (OS) at Computex 2019 in Taipei. In his opinion, it should be continuously updated, use cloudโ€ฆ
Published on May 31, 2019
By Iris Barker

UK car production fell in April due to Brexit

The British Society of Motor Manufacturers and Traders (SMMT) reported that automobile production in the country in April fell by 44.5% in annual terms to 70,971 thousand units. This isโ€ฆ
Published on May 30, 2019
By Iris Barker

Study: Third of US kids wake up at night to check their smartphones

Common Sense company has published results of a study conducted in the US. The paper refers to the growing dependence on smartphones of both children and adults. Earlier, smartphones justโ€ฆ
Published on May 30, 2019
By Iris Barker

GE to lay off 1,000 workers in France

The American company may have conflicts with the French authorities, who repeatedly called on GE not to do so.
Published on May 29, 2019
By Iris Barker

US-China trade conflict starts affecting other countries

Negative consequences of the confrontation between the two largest economies began to affect the markets and companies around the world.
Published on May 29, 2019
By Iris Barker

Wi-Fi Alliance, SD Association boot Huawei out

Huaweiโ€™s membership to the non-profit organizations SD Association and the Wi-Fi Alliance has been restricted. In the first case, this means that the Chinese company will not be able toโ€ฆ
Published on May 28, 2019
By Iris Barker

China stops buying Iranian oil because of US sanctions

China and a number of other countries refused to buy Iranian oil for fear of falling under US sanctions, The Wall Street Journal reported, citing sources from the Iranian oilโ€ฆ
Published on May 28, 2019
By Iris Barker

Trump: Japan to buy 105 F-35 fighters from the USA

Japan plans to buy 105 US F-35 fighter bombers. This was stated by US President Donald Trump, reports AFP.
Published on May 27, 2019
By Iris Barker

New IMF study recommends expanding tax collection, rather than increasing tax rates

Most of the tax reforms in OECD countries, regardless of their schemes, have shown a positive effect on macroeconomic stabilization in the last 40 years. Expansion of the direct andโ€ฆ
Published on May 27, 2019
By Iris Barker

Theresa May to resign on June 7

British Prime Minister Theresa May said she will resign on June 7. She will leave the post of leader of the Conservative Party of Great Britain and will remain asโ€ฆ
Published on May 24, 2019
By Iris Barker

Bosch to pay โ‚ฌ90 million fine within Dieselgate scandal

The component manufacturer has supplied millions of sensors with unauthorized software to various automakers. Bosch refused to challenge the courtโ€™s decision and will transfer the money within a month andโ€ฆ
Published on May 24, 2019
By Iris Barker

British Steel goes bankrupt

One of the largest British steel companies, British Steel, went bankrupt after the British government refused to give it a loan of tens of millions of pounds. The authorities announcedโ€ฆ
Published on May 23, 2019
By Iris Barker

Goldman Sachs forecasts falling profits to Apple in case of ban in China

Per share profit of the American company Apple will fall by 29% if the Chinese authorities decide to ban its products in response to US actions against Huawei, analysts atโ€ฆ
Published on May 23, 2019
By Iris Barker

Three largest Chinese airlines sue Boeing

Air China, China Southern and China Eastern airlines require Boeing to pay for losses occurred because of 737 MAX 8 aircraft and transfer of ordered aircraft of this series.
Published on May 22, 2019
By Iris Barker

Will disconnection from Android kill Huawei?

The Chinese smartphone maker Huawei is doomed to failure without the Android operating system, the use of which has been banned by Google, analysts say. The vendor has already begunโ€ฆ
Published on May 22, 2019
By Iris Barker

Singapore lowers GDP growth forecast for 2019

In January-March, GDP of the city increased by 1.2% compared with the same period last year, according to the final data of the government. A preliminary estimate of growth wasโ€ฆ
Published on May 21, 2019
By Iris Barker

JPMorgan economists predict a possible Bitcoin collapse

JPMorgan noted that the actual price of Bitcoin significantly exceeded its โ€œproduction priceโ€. In 2017, this phenomenon was followed by a collapse.
Published on May 21, 2019
By Iris Barker

Austria to hold early parliamentary elections

Austrian Chancellor Sebastian Kurz announced termination of the coalition of the Austrian Peopleโ€™s Party with the ultra-right Freedom Party after the party leader Heinz Christian Strache resigned as vice-chancellor andโ€ฆ
Published on May 20, 2019
By Iris Barker

The US lifts restrictions on steel and aluminum supply from Canada and Mexico, wants to renew the USMCA

The United States abolished protective duties on imports of steel and aluminum from Canada and Mexico, thus removing the main obstacle to ratifying the renewed USMCA free trade agreement inโ€ฆ
Published on May 20, 2019
By Iris Barker

Goldman Sachs buys United Capital investment company for $ 750 mln

American bank Goldman Sachs reached an agreement on the acquisition of United Capital Financial Partners, an investment management company, for $ 750 million.
Published on May 17, 2019
By Iris Barker

PWC Strategy& notes a sharp increase in top managers layoffs for moral and ethical standards violation

Strategy &, a division of PwC Consulting, released a report on the situation among top executives of companies. Experts found that in 2018, the proportion of managers displaced from theirโ€ฆ
Published on May 17, 2019
By Iris Barker

Direct foreign investment flow to China increases

Foreign direct investment in mainland China in January-April increased by 6.4% over the same period last year and amounted to 305.24 billion yuan (about $ 45.14 billion), according to theโ€ฆ
Published on May 16, 2019
By Iris Barker

Is Finlandโ€™s aging population turning the country into Japan?

Three weeks ago, parliamentary elections were held in Finland. The winner was the Social Democratic Party, led by Antti Juhani Rinne. According to most experts, the victory of the Socialโ€ฆ
Published on May 16, 2019
By Iris Barker

IEA lowers forecast for oil demand growth for 2019

The International Energy Agency (IEA) lowered its estimate for oil demand growth in 2018 and 2019.
Published on May 15, 2019
By Iris Barker

International investors are hedging trade risks

In May, the pessimism of international investors regarding the trade confrontation between the United States and China increased again. The mutual accusations of the parties and promises to increase importโ€ฆ
Published on May 15, 2019
By Iris Barker

San Francisco opposes cashless payments

Last Tuesday, the San Francisco City Council began reviewing the bill, which prohibits shops, restaurants, cafes, bars and other retail outlets from denying cash payments. โ€œI consider it unfair thatโ€ฆ
Published on May 14, 2019
By Iris Barker

Morgan Stanley clients bought Uber shares for $ 48.77. Now they cost less than $ 40

Three years ago, Morgan Stanley invited wealthy clients to invest in Uber. Now it turns out that they incurred losses: amount of the transactions turned out to be higher thanโ€ฆ
Published on May 14, 2019
By Iris Barker

China is developing technology to capture greenhouse gases

China has long overtaken the United States as the world's largest source of emissions of carbon dioxide and other greenhouse gases. According to data collected by the European Union, inโ€ฆ
Published on May 13, 2019
By Iris Barker

Monsanto gets under investigation in France

French media learned about the fact that fertilizer producer Monsanto collected dossiers on government officials, public figures and journalists, trying to isolate their potential allies among them. Collection of suchโ€ฆ
Published on May 13, 2019
By Iris Barker

IMF: US-China trade war will hurt the global economy

Will the growth of the world economy suffer from the trade war between Washington and Beijing? This question causes serious concern to many politicians and economists, in particular, the directorโ€ฆ
Published on May 10, 2019
By Iris Barker

IEA: The growth of renewable energy is slowing

In 2018, the total use of renewable energy sources amounted to about 180 gigawatts (GW). According to the IEA, the volumes on an annualized basis have not grown for theโ€ฆ
Published on May 10, 2019
By Iris Barker

China to export used cars

Chinese authorities allowed to export used cars to stimulate car sales in the country. According to the Xinhua News Agency, 10 administrative regions, including Beijing and Shanghai, were the firstโ€ฆ
Published on May 9, 2019
By Iris Barker

Google introduces new smartphone and beta Android Q

Google introduced Pixel 3a and Pixel 3a XL smartphones at the I/O 2019 conference, and also spoke about new developments in machine learning and software, including a new beta versionโ€ฆ
Published on May 9, 2019
By Iris Barker

Honda’s annual profit plummets by 42.4%

Net profit of the Japanese automaker Honda Motor Co. declined by 42.4% to 610.3 billion yen in the fiscal year that ended on March 31, 2019. Operating profit declined byโ€ฆ
Published on May 8, 2019
By Iris Barker

Iran partially stops the nuclear deal

Iranian authorities have decided to โ€œstop fulfilling certain obligationsโ€ of the Joint Comprehensive Action Plan (JCAP). Tehran has already notified ambassadors of Russia, Britain, China, the EU, France and Germanyโ€ฆ
Published on May 8, 2019
By Iris Barker

The United States will impose new duties on Chinese goods on Friday

US duties on Chinese goods totaling $ 200 billion will be raised from 10 to 25% on Friday from 00:01 Washington time, US Trade Representative Robert Lighthizer told reporters.
Published on May 7, 2019
By Iris Barker

Boeing Max 8 problems impede growth of Asian airlines

Asian airlines are cutting routes, revising their schedules and leasing additional aircraft due to suspension of operation of Boeing 737 Max 8 aircraft after two crashes of this model, reportsโ€ฆ
Published on May 7, 2019
By Iris Barker

Chinese stocks fall more than 5% amid US-China trade conflict

Shares in China fell amid escalating tensions between the US and China, after US President Donald Trump announced an upcoming increase in duties on Chinese goods.
Published on May 6, 2019
By Iris Barker

The Fed sees no signs of a weakening US economy

The Federal Reserve System (FED) will not ease monetary policy due to weak inflation in the United States (below the target of 2%). Head of the watchdog, Jerome Powell, considersโ€ฆ
Published on May 6, 2019
By Iris Barker

Huawei increases smartphone shipments in Q1 amid falling Apple and Samsung sales

The global smartphone market continued to face difficulties in the first quarter. The Chinese technology giant Huawei was the only one of the market leaders who managed to increase supplies,โ€ฆ
Published on May 3, 2019
By Iris Barker

Shell’s profit exceeds forecast in Q1

Profit of the British-Dutch oil company Royal Dutch Shell Plc fell slightly in the first quarter, but exceeded the forecast.
Published on May 3, 2019
By Iris Barker

Jyrki Katainen: EU is not a milk cow

Jyrki Katainen demanded from Warsaw a more substantial contribution to the future of Europe.
Published on May 1, 2019
By Iris Barker

Alphabet shares fall by 7% after Q1 reporting

Alphabet revenue rose by 17% in the first quarter of 2019, which is generally a very solid figure, considering that it was $ 36.3 billion. But analysts and investors expectedโ€ฆ
Published on May 1, 2019
By Iris Barker

GM doubles net profit in Q1

Net profit of the American automobile concern General Motors (GM) attributable to shareholders of the company, according to the results of the first quarter of 2019 increased 2.1 times inโ€ฆ
Published on April 30, 2019
By Iris Barker

Oil lobby and the planet’s future

According to the Influence Map report, the five largest oil companies are BP, Shell, Exxon Mobil, Chevron and Total. From 2015 until today, they have spent one billion euros toโ€ฆ
Published on April 30, 2019
By Iris Barker

Trump files a lawsuit against Deutsche Bank and Capital One

US President Donald Trump and those close to him filed a lawsuit against Capital One and Deutsche Bank, NBC News reported.
Published on April 30, 2019
By Iris Barker

Will Coca-Cola create competitor for Starbucks?

At the beginning of the year, Coca-Cola completed acquisition of Costa Coffee for $ 5 billion. This British company is the second largest chain of coffee shops after Starbucks. Meanwhile,โ€ฆ
Published on April 30, 2019
By Iris Barker

Reuters: US sanctions against Iran and Venezuela create a shortage of heavy crude

Tightening of US sanctions on the Iranian oil sector will add to the many factors holding back world supplies of heavy and medium oil and increase its value, Reuters writes.
Published on April 29, 2019
By Iris Barker

Four companies to invest in Esports

If you still think that video games are for children, keep in mind that, according to estimates by the American Software and Computer Games Manufacturers Association, the average age ofโ€ฆ
Published on April 29, 2019
By Iris Barker
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