
Iris Barker
Business & Finance
Chevron lowers net profit to $ 2.6 billion in Q1
American oil and gas giant Chevron made a profit of $ 2.642 billion in the first quarter of 2019, which is 27.8% less than in the same period of 2018,โฆ
Published on April 26, 2019
By Iris Barker
World & Politics
IEA: Iraq will enter the top three oil leaders
The International Energy Agency (IEA) said that in the next ten years Iraq will become the world's third-largest producer of "new oil" on the market and the fourth-largest oil producerโฆ
Published on April 26, 2019
By Iris Barker
World & Politics
Reuters: Hundreds tons of gold are smuggled from Africa every year
Reuters journalists found that gold worth tens of billions of dollars was illegally exported from Africa every year and the volume of smuggling is constantly growing. The precious metal entersโฆ
Published on April 25, 2019
By Iris Barker
Economics
Bayer AG profit declines by 36.5% in Q1
Net profit of German chemical and pharmaceutical concern Bayer AG declined in Q1 by 36.5% in annual terms to โฌ 1.24 billion. Earnings per share amounted to โฌ 1.27 againstโฆ
Published on April 25, 2019
By Iris Barker
Economics
Experts: Statistics can help solve economic inequality problem
Economists and scientists have long used different data to estimate inequality. The Gini coefficient, one of the most famous such indicators, was invented in 1912. It shows the degree ofโฆ
Published on April 24, 2019
By Iris Barker
Economics
Elon Musk to found a taxi company
Tesla is going to launch an unmanned taxi service in 2020. This was announced by the company's founder Elon Musk during a meeting with investors.
Published on April 24, 2019
By Iris Barker
Business & Finance
UBS, Invesco, J.P. Morgan lead China’s top foreign fund managers rating
As China is opening up access to its huge financial market to foreign players, several foreign firms are going up, according to CNBC.
Published on April 23, 2019
By Iris Barker
Business & Finance
Coca-Cola vs Pepsi: Investorโs choice
The confrontation between Coca-Cola and Pepsi is one of the most popular mass culture examples in the modern history.
Published on April 23, 2019
By Iris Barker
Economics
US energy consumption jumps to record high
Energy consumption in the United States in 2018 exceeded previous record reached in 2007. The total energy consumption for the year increased at the maximum rate over the last 8โฆ
Published on April 22, 2019
By Iris Barker
Business & Finance
Nissan officially accuses Ghosn of stealing
Japanese corporation Nissan Motor officially accused Carlos Ghosn of stealing and filed a petition to institute criminal proceedings against him, the automaker said in a statement.
Published on April 22, 2019
By Iris Barker
Business & Finance
Japanese investors to invest $ 1 billion to develop unmanned vehicles at Uber
Toyota Motor Company, Denso and SoftBank Vision Fund will invest $ 1 billion in a division of Uber Technologies Inc., which develops unmanned vehicles, reports Uber.
Published on April 19, 2019
By Iris Barker
Science & Technology
Walmart to hire 4 thousand robot cleaners
People have become accustomed to how smartphones help them in their daily lives. Now it's time for larger, less intelligent, but equally indispensable helpers, according to Walmart.
Published on April 19, 2019
By Iris Barker
Science & Technology
Samsung Galaxy Fold: Expensive but fragile
Samsung Galaxy Fold raised a lot of questions at the presentation, the main one of which was its durability. How strong should be the glass that has to be bentโฆ
Published on April 18, 2019
By Iris Barker
Business & Finance
10 largest M&A deals in 2019
One of the largest US oil and gas companies, Chevron, announced purchase of Anadarko Petroleum, one of the key producers on the shelf of the Gulf of Mexico.
Published on April 17, 2019
By Iris Barker
Business & Finance
Apple agrees to pay for Qualcomm chips after two years of litigation
Apple Inc. and Qualcomm Inc. agreed to complete all legal proceedings, thus putting an end to the long-standing litigation.
Published on April 17, 2019
By Iris Barker
Economics
Deloitte: New generation of millionaires is more lavish than previous
Despite the slowdown in economic growth around the world, the luxury market continues to grow. According to Deloitte, revenue of the largest companies in the luxury segment in fiscal 2017โฆ
Published on April 15, 2019
By Iris Barker
Economics
European Commission to allocate โฌ 200 million to Norway-Poland gas pipeline
The European Commission will allocate additional funding for the construction of the Baltic Pipeline, which will connect Poland, Denmark and Norway. An agreement on a grant for this project inโฆ
Published on April 15, 2019
By Iris Barker
Economics
Venezuela pays no attention to sanctions and supplies oil to Cuba
PDVSA, the state oil and gas company of Venezuela, continues to supply oil to Cuba after the introduction of new US sanctions in early April, Reuters reported, citing documents ofโฆ
Published on April 15, 2019
By Iris Barker
World & Politics
France opposes EU-US trade negotiations
France will vote against trade negotiations between the European Union and the United States, despite the fact that the rest of the Europeans agreed to start negotiations with Washington. Aโฆ
Published on April 15, 2019
By Iris Barker
Business & Finance
Tesla, Panasonic refuse to increase production at Gigafactory 1
Tesla and Panasonic have temporarily abandoned the idea of increasing production at Gigafactory 1, the world's largest factory for the production of batteries for electric vehicles, according to Nikkei.
Published on April 12, 2019
By Iris Barker
Economics
OECD: Middle class in the USA and other countries is declining
At the height of the middle class in 1985, its total income was four times more than that of the richest population. Three decades later, it fell to less thanโฆ
Published on April 12, 2019
By Iris Barker
World & Politics
United States and China to implement trade agreement
US Treasury Secretary Steven Mnuchin said that Washington and Beijing are making progress in trade negotiations. In particular, the parties agreed on a mechanism that will ensure compliance with theโฆ
Published on April 11, 2019
By Iris Barker
Business & Finance
Levi Strauss publishes first report after IPO
Levi Strauss & Co., the manufacturer of denim clothing, published the first quarterly report after entering the public market.
Published on April 11, 2019
By Iris Barker
Business & Finance
Top 5 largest IPOs in the last 10 years
2019 promises to be hot for IPO. Lyft taxi service entered the exchange recently, and the debut was extremely successful. Now, investors are looking forward to IPOs of other long-awaitedโฆ
Published on April 10, 2019
By Iris Barker
World & Politics
Norway’s largest party to ban oil production near Lofoten Islands
The Labour Party of Norway decided not to support oil production in the region of the Lofoten Islands. Now, opponents of the deployment of oil projects in the Norwegian Arcticโฆ
Published on April 9, 2019
By Iris Barker
Business & Finance
EU will respond to US subsidies for Boeing
The European Union is getting ready to respond to US subsidies for Boeing aircraft manufacturing corporation, Reuters reported, citing a source in the European Commission.
Published on April 9, 2019
By Iris Barker
World & Politics
Estonia’s euroskeptics are about to join the government
The anti-immigrant movement will maximally strengthen position of nationalists on the eve of the EU parliamentary elections.
Published on April 8, 2019
By Iris Barker
Business & Finance
Tesla to protect Fiat Chrysler from fines in Europe
Fiat Chrysler Automobiles (FCA) took the opportunity to reduce its exhaust emissions while getting ready for more stringent emission requirements for cars in Europe in 2021. According to the Financialโฆ
Published on April 8, 2019
By Iris Barker
Science & Technology
USA and South Korea launch the first commercial 5G networks
Commercial 5G network from the American Verizon was to be the first in the world. But then Korean companies suddenly announced that their 5G starts earlier. Verizon hurried to changeโฆ
Published on April 5, 2019
By Iris Barker
Business & Finance
Investorโs choice: AMD vs NVidia
Investors are often reminded that the best way to invest is to follow falls, and growth will take care of itself. Is it possible to apply this strategy to Nvidiaโฆ
Published on April 5, 2019
By Iris Barker
Management
Head of Maersk Energy Division to step down
Deputy CEO of A.P. Moller-Maersk and Head of the energy division of the company Claus V. Hemmingsen will step down his post and leave the company as part of theโฆ
Published on April 4, 2019
By Iris Barker
Economics
Institute of International Finance: Global debt growth is slowing down
The total debt load in the world in 2018 grew by less than 1.5% . Its peak was passed in the first quarter, after which the volume of liabilities beganโฆ
Published on April 4, 2019
By Iris Barker
Economics
Lagarde: bribery causes damage of 2% of global GDP
Global bribery leads to damage, which is estimated at $ 1.5 trillion, or 2% of world GDP, said Head of the International Monetary Fund (IMF) Christine Lagarde during a speechโฆ
Published on April 3, 2019
By Iris Barker
World & Politics
Eastern Europe wins in double food standards fight
In the near future, Prague residents will drink Coca-Cola in full confidence that it consists of exactly the same ingredients that the beverage drunk, say, by Berliners or Londoners. Theโฆ
Published on April 3, 2019
By Iris Barker
Economics
Situation in Algeria scares oil investors
Protests, which broke out 6 weeks ago in Algeria, have already involved millions of citizens of the country opposing current President Abdelaziz Bouteflika. A week ago, Exxon announced that itโฆ
Published on April 2, 2019
By Iris Barker
Business & Finance
2 companies for maximum benefits from the cloud revolution
While everyone is busy arguing about data, privacy and the role of large technology companies, Microsoft and Amazon are already creating alliances, the goal of which is to freely exchangeโฆ
Published on April 2, 2019
By Iris Barker
Science & Technology
Deliveries of AR/VR devices to grow by 54% in 2019
In 2019, global shipments of augmented and virtual reality devices (AR/VR) will increase by 54.1% and reach 8.9 million units, IDC analysts forecast. In the next five years, the marketโฆ
Published on April 1, 2019
By Iris Barker
Economics
Chinese market: New bonanza for luxury brands
According to a marketing research of the luxury market in China, compiled by Bain & Company, sales in this area increased by 20% in 2018 and exceeded the figures forโฆ
Published on April 1, 2019
By Iris Barker
World & Politics
EU will stop saving migrants in the Mediterranean
The European Union is completing the naval part of the large-scale Operation SOPHIA off the coast of Libya. Thanks to this Mediterranean patrol operation launched at the height of theโฆ
Published on March 29, 2019
By Iris Barker
Business & Finance
ZTE Corp. shares jump 14% up after profit forecast
Shares of the Chinese manufacturer of telecommunications equipment ZTE Corp. jumped 14% after the company predicted a profit of up to 1.2 billion yuan ($ 178.18 million) in the firstโฆ
Published on March 28, 2019
By Iris Barker
Business & Finance
Uber signs the largest deal in its history
Uber taxi service is buying its competitor for $ 3.1 billion. This is the most expensive transaction of the company and the first purchase of a regional competitor.
Published on March 28, 2019
By Iris Barker
Economics
IEA: global energy demand rose by 2.3% in 2018
Global energy demand rose 2.3% last year. This is the fastest pace this decade, the International Energy Agency said.
Published on March 27, 2019
By Iris Barker
Science & Technology
US wants to send astronauts to the moon by 2024
Washington wants the next space mission to the moon to be American. The Vice President of the United States criticized NASA for the slow pace of work.
Published on March 27, 2019
By Iris Barker
Science & Technology
Apple shows new entertainment services
Apple announced launch of new software products, including Apple Arcade gaming platform and Apple TV + video service.
Published on March 26, 2019
By Iris Barker
Business & Finance
Samsung warns about profits below forecasts
South Korean Samsung Electronics Co. shares declined on Tuesday after the company issued a profit warning before trading, reports The Wall Street Journal.
Published on March 26, 2019
By Iris Barker
Economics
Analysts: Beware of โJapaneseโ effect on European economy
The crisis in Japan is now characterized as a โlost decadeโ: the economy has barely grown, the country has been experiencing deflation, and a huge amount of bad debts hasโฆ
Published on March 25, 2019
By Iris Barker
Business & Finance
Nike net profit soars up
Manufacturer of sports equipment Nike (USA) increased its net profit in annual terms by 3.8 times to $ 3.04 billion for the nine months of the 2018-19 fiscal year endedโฆ
Published on March 22, 2019
By Iris Barker
Economics
Venezuelaโs misfortunes can ignite energy crisis in Cuba
Last week, the leader of the Venezuelan opposition Juan Guaidรณ told reporters that he ordered to stop the supply of oil to Cuba. He explained his decision by a majorโฆ
Published on March 22, 2019
By Iris Barker
Business & Finance
South Korean semiconductor manufacturers shares jump after Micron report
Shares of semiconductor manufacturers in South Korea rose sharply on Thursday after publication of better-than-expected financial results of the American chip maker Micron Technology, reports CNBC.
Published on March 21, 2019
By Iris Barker
World & Politics
China’s expansion into Europe: Italyโs ports are next
Container ships with Chinese goods for the EU countries pass the Suez Canal but do not moor right away in the ports of Greece and Italy. More often, they spendโฆ
Published on March 21, 2019
By Iris Barker