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Iris Barker


Dow Jones shows record one-day growth

The past day has become the best for US stocks in nearly a decade. The Dow Jones Industrial Average Index showed the largest one-day increase in history, reports CNBC.
Published on December 27, 2018
By Iris Barker

Saudi Arabiaโ€™s largest bank to create a megacreditor

National Commercial Bank (NCB), the largest bank in Saudi Arabia, has begun merger talks with Riyad Bank, reports Bloomberg.
Published on December 26, 2018
By Iris Barker

Germany closes the last coal mine

The last coal mine in Germany was closed on December 21, Deutsche Welle reports.
Published on December 25, 2018
By Iris Barker

4 ideas for investment in the US market for 2019

Each year brings a new series of problems for business. And although no one can say with certainty what exactly the coming year will be, Bloomberg Intelligence analysts, tracking moreโ€ฆ
Published on December 25, 2018
By Iris Barker

RBS to receive banking license in Germany

Royal Bank of Scotland has applied for a banking license in Germany to maintain access to European markets after the UK exits the European Union, the Financial Times reported.
Published on December 24, 2018
By Iris Barker

Analysts find main threats for the US economy

Next year, the main threat to the US economy will be a trade war with China, according to economists surveyed by The Wall Street Journal (WSJ). Many of them expectโ€ฆ
Published on December 24, 2018
By Iris Barker

US launches investigation against Airbus

The US Department of Justice launched an investigation into the European aircraft manufacturer Airbus on suspicion of illegal transactions, the company could face a fine of several billion dollars, reportedโ€ฆ
Published on December 21, 2018
By Iris Barker

UK economy will cede to India and France in 2019

In 2019, the UK will give up the fifth line in the ranking of the most developed economies to India and France.
Published on December 21, 2018
By Iris Barker

Global investors are getting ready for economic slowdown

Increasingly investors are expecting a slowdown in the global economy. The number of pessimists is now almost equal to their number in October 2008, that is, at the height ofโ€ฆ
Published on December 20, 2018
By Iris Barker

Analysts: Probability of recession in the United States reaches the highest level

According to a recent survey among economists and financiers conducted by CNBC and the Federal Reserve System (FRS), the probability of a recession in the United States in the nextโ€ฆ
Published on December 20, 2018
By Iris Barker

European regions with the most polluted air

In 1990, in Europe, about 1 million people died prematurely from particle pollution, that is, microscopic dust less than 2.5 micrometers in diameter, which settles in the lungs and causesโ€ฆ
Published on December 18, 2018
By Iris Barker

US-China trade dispute spurs demand for gold

The trade standoff between the United States and China, as well as rhetoric of Fed representatives, has spurred investors to increase share of defensive instruments in their portfolios. The totalโ€ฆ
Published on December 18, 2018
By Iris Barker

Brexit concerns put pressure on UK property market

According to leading companies, prices fell to a 6-year low.
Published on December 17, 2018
By Iris Barker

Toyota is trying to revive demand for Prius

Sales of the Toyota Prius, the world's first mass-produced hybrid car, have been falling for several years. For the first 11 months of 2018, they fell by 23.2%, according toโ€ฆ
Published on December 17, 2018
By Iris Barker

China starts taking revenge for Meng Wanzhou arrest

Beijing has fulfilled the threat of responding to arrest of the Chief Financial Officer of Huawei. Chinese authorities have detained a former Canadian diplomat, who is now involved in politics.
Published on December 14, 2018
By Iris Barker

IEA: Global oil supplies will decrease in 2019

The international energy agency said that the global oil market may face a deficit earlier than expected, thanks to an OPEC + agreement and Canadaโ€™s decision to cut supplies, Reutersโ€ฆ
Published on December 13, 2018
By Iris Barker

OECD: Poor people should retire earlier

According to OECD experts, pension systems should take into account differences in the life expectancy of different population groups. Such an approach would increase retirement age for those who expectedโ€ฆ
Published on December 13, 2018
By Iris Barker

Deloitte: Smart speakers will show record sales in 2019

In 2019, the global segment of smart speakers will show a record sales growth in the history of any devices connected to the Internet, according to Deloitte.
Published on December 12, 2018
By Iris Barker

Merkel refuses yet another negotiation with May

New negotiations on an agreement between the EU and London are impossible, Angela Merkel said at a meeting of her partyโ€™s faction after the meeting with the British Prime Minister.
Published on December 12, 2018
By Iris Barker

Hong Kong refuses tiny apartments

Nano apartments, announced as one of the ways to solve the problem of housing shortages in Hong Kong, are losing popularity as quickly as they have attracted public attention, Bloombergโ€ฆ
Published on December 11, 2018
By Iris Barker

Why oil production cuts donโ€™t guarantee rise in prices

When a shale revolution took place in the USA a few years ago and American oil companies entered the world market, the oil-producing countries realized that America was serious andโ€ฆ
Published on December 11, 2018
By Iris Barker

Tumblr, Facebook wage war against adult content

Blogging platform Tumblr decided to fight with adult content. From December 17, 2018, the service will block any content for an adult audience.
Published on December 10, 2018
By Iris Barker

China takes the lead in quantum cryptography

Scientists are racing to work on quantum cryptography, which is the only one that can withstand quantum computers in protecting digital information from hacking. As the newspaper The New Yorkโ€ฆ
Published on December 10, 2018
By Iris Barker

US watchdogs warn against risks of Brexit for global markets

Two US regulators called on the UK and the European Union to ensure transparency and stability when the kingdom leaves the bloc in order to minimize negative consequences for financialโ€ฆ
Published on December 7, 2018
By Iris Barker

Arrest of Huaweiโ€™s top manager endangers US-China trade truce

Detention of Chief Financial Officer of Huawei Meng Wanzhou in Canada at the request of the United States instantly led to a drop in stock exchanges on both sides ofโ€ฆ
Published on December 7, 2018
By Iris Barker

European venture industry is pleased with its own growth

Innovative technological development is pushing traditional corporations towards venture investment. Europe is experiencing a โ€œtech-hypeโ€ and expects to press Silicon Valley. This was discussed at the annual Slush start-up conferenceโ€ฆ
Published on December 6, 2018
By Iris Barker

Has Macron given up to Yellow Vests?

The French government has announced a moratorium on gas tax.
Published on December 6, 2018
By Iris Barker

Gartner: Chinese smartphones lead sales

Worldwide sales of smartphones to end users in Q3 2018 increased by 1.4% compared with the same period in 2017 and amounted to 389 million units, Gartner research company reported.โ€ฆ
Published on December 5, 2018
By Iris Barker

EC sets to strengthen positions of the euro

The European Commission has developed a package of measures to increase use of the euro in strategic areas such as energy, commodities, and aircraft manufacturing, the Financial Times reported. Itโ€ฆ
Published on December 5, 2018
By Iris Barker

IMF: Corporations cannot get rid of debts

Over the past five years (from the second quarter of 2013), non-financial corporations around the world have accumulated a total of more than $ 16 trillion of net debt, accordingโ€ฆ
Published on December 4, 2018
By Iris Barker

Saxo Bank: ยฃ 1 will cost $ 1 and IMF will stop measuring GDP in 2019

On Tuesday, December 4, experts and analysts of the Danish Saxo Bank Group presented their traditional โ€œshocking predictionsโ€ - unlikely, but nevertheless not entirely impossible events that could have seriousโ€ฆ
Published on December 4, 2018
By Iris Barker

China to allow subsidiaries of asset management banks to buy shares

China's banking regulator allowed subsidiaries of local commercial banks specializing in asset management to directly invest in Chinese stocks, reports Reuters.
Published on December 3, 2018
By Iris Barker

What do Italyโ€™s problems mean for investors?

Italians are threatening their neighbors with exit from the euro area. Investing in European assets should be approached with caution.
Published on November 30, 2018
By Iris Barker

Trade tariffs start affecting global trade

The total exports of the G20 countries grew by only 0.3% in the third quarter of 2018, and imports - by 0.7%, according to OECD data. In the second quarter,โ€ฆ
Published on November 30, 2018
By Iris Barker

Mitsubishi Heavy Industries ordered to pay compensation to victims of forced labor in the World War II

The South Korean Supreme Court upheld the appeals court decisions in two lawsuits filed against South Korean Mitsubishi Heavy Industries. The lawsuits demanded that the company compensate forced labor duringโ€ฆ
Published on November 29, 2018
By Iris Barker

What to expect from G20 Buenos Aires summit?

Oil markets are waiting for OPEC + meetings, but they can start making forecasts a few days earlier, after the G 20 summit, which will take place this weekend inโ€ฆ
Published on November 29, 2018
By Iris Barker

Cyber Monday sets sales record in the US

The last Cyber Monday set a new sales record in the USA - $ 7.9 billion, which is 19.3% more than a year earlier. Experts hope that, despite a slightโ€ฆ
Published on November 28, 2018
By Iris Barker

What is really happening with Tesla Motors?

Investors should learn to separate really worthwhile information from other โ€œnoiseโ€, which has recently often appeared in the media about Elon Muskโ€™s brainchild.
Published on November 28, 2018
By Iris Barker

Banks are worried about GE’s $ 41 bln credit line

So far, the company has borrowed only $ 2 billion, Bloomberg writes.
Published on November 27, 2018
By Iris Barker

China steps up space race with the US

China is going to be less dependent on the American GPS by creating its own navigation system.
Published on November 27, 2018
By Iris Barker

Mitsubishi dismisses Carlos Ghosn

The board of directors of the Japanese automaker Mitsubishi Motors Corp dismissed Carlos Ghosn from the post of chairman after his arrest and accusations of financial irregularities, according to Reuters.
Published on November 26, 2018
By Iris Barker

Climate change will cost US $ 500 billion a year

Consequences of global warming in the absence of a consistent adaptation policy by the end of the century will cost the US economy $ 500 billion a year, according toโ€ฆ
Published on November 26, 2018
By Iris Barker

US and China raise trade barriers to new heights

The introduction by the US and China of protective duties on mutual deliveries led to a sharp increase in the volume of imports subject to new trade restrictions. In justโ€ฆ
Published on November 23, 2018
By Iris Barker

China manages to stop growth of big cities population

In 2017, the population of the largest cities in China, Beijing and Shanghai, has decreased for the first time in recent years. This is attributed both to increase in theโ€ฆ
Published on November 23, 2018
By Iris Barker

Donald Trump thanks Saudi Arabia for low oil prices

On Wednesday, US President Donald Trump said that the decline in oil prices is a positive development, and thanked the government of Saudi Arabia for this trend.
Published on November 22, 2018
By Iris Barker

iPic sues Goldman Sachs

International Petroleum Investment Company appealed to the New York court with a lawsuit against Goldman Sachs, accusing the American investment bank of corruption and bribing former fund managers.
Published on November 22, 2018
By Iris Barker

European lawyers call to protect whistleblowers

Lawyers insist that this measure will help avoid the scandals associated with money laundering, similar to the history of Danske Bank.
Published on November 21, 2018
By Iris Barker

Trump is saving money for the next election campaign

Donald Trump became the first president of the United States to make money in the midterm elections to Congress. According to the budget committee of the House of Representatives, duringโ€ฆ
Published on November 20, 2018
By Iris Barker

Societe Generale gets fined for $ 1.34 bln in the US

The French bank was accused of violating US sanctions against Iran, the DPRK, Cuba, Libya, Myanmar and Sudan.
Published on November 20, 2018
By Iris Barker

Rio Tinto: Aluminum reserves will decline sharply in the next 2-3 years

Rio Tinto: Aluminum producers will need to create additional smelting capacity outside of China, as metal reserves will drop sharply in the next 2-3 years, predicts Alf Barrios, head ofโ€ฆ
Published on November 19, 2018
By Iris Barker
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