Iris Barker
Management
Nissan Head of board of directors is arrested
Carlos Ghosn, Head of the board of directors of the car manufacturing concern Nissan, voluntarily went to the Tokyo prosecutor's office on Monday and was arrested, according to NHK television…
Published on November 19, 2018
By Iris Barker
Economics
US going to increase Trump tariffs for China in 2019
The United States still plans to increase import duties on Chinese goods worth $ 200 billion in January 2019 from 10% to 25%, said US Commerce Secretary Wilbur Ross in…
Published on November 16, 2018
By Iris Barker
Business & Finance
Nvidia earns $ 3.2 billion in Q3
Graphics maker Nvidia will complete the third quarter of the 2019 fiscal year with a 21 percent increase in sales. Profits increased as well - by 38%. The company reported…
Published on November 16, 2018
By Iris Barker
Economics
UK Minister for Brexit resigns, Pound Sterling falls
The pound sterling fell by more than 1% after the British Minister for Brexit Dominic Raab announced his resignation, according to CNBC.
Published on November 15, 2018
By Iris Barker
Economics
IMF: Chinese economy cannot find the balance
The Chinese economy is still far from a transition to domestic demand as the main source of growth, as well as from refraining from excessive investment in infrastructure, and from…
Published on November 15, 2018
By Iris Barker
Economics
IEA forecasts growth in demand for oil and gas until 2040
Despite the growing popularity of renewable energy sources, oil and gas will remain the main energy sources until 2040, according to a report by the International Energy Agency (IEA). Demand…
Published on November 14, 2018
By Iris Barker
Economics
American farmers spur soybean prices
They are building up stocks in the hope that the escalation of the trade conflict between the United States and China will weaken, opening the Chinese market for them.
Published on November 14, 2018
By Iris Barker
Economics
Inflation in Venezuela is about to reach 150 thousand percent
Efforts of the President of the Bolivarian Republic to curb price increases are clearly failing.
Published on November 13, 2018
By Iris Barker
Science & Technology
Europe overtakes US by number of patents for self-driving car technologies
Europe has overtaken America and left Asia far behind by the number of applications for patents related to self-driving cars, the European Patent Office (EPO) calculated.
Published on November 13, 2018
By Iris Barker
World & Politics
Bloomberg: Theresa May can face catastrophic defeat in parliament
According to Bloomberg, citing three people familiar with the situation, the cabinet should meet on November 12 to approve May’s plan, but there were no signs of further progress the…
Published on November 12, 2018
By Iris Barker
Economics
IMF: Regulators of transition economies finally managed to slowdown inflation
The main reason for the slowdown in inflationary dynamics since the mid-2000s in transition economies was internal factors and a more systematic monetary policy of regulators, and not the influence…
Published on November 12, 2018
By Iris Barker
World & Politics
Italy refuses to change draft budget
Italy does not plan to revise the draft budget for the next year in accordance with the requirements of the European Commission, Italian Deputy Prime Minister Luigi Di Maio said…
Published on November 9, 2018
By Iris Barker
Economics
Fed retains key rate
According to the results of the November 8 meeting, the US Fed expectedly kept the key rate at the level of 2-2.25% per annum. Despite the October correction in the…
Published on November 9, 2018
By Iris Barker
Science & Technology
Samsung introduces display technology for folding screens
Samsung announced the Infinity Flex Display technology, which will form the basis of devices that are bent in half.
Published on November 8, 2018
By Iris Barker
World & Politics
Italy is about to tighten its migration policy
The Italian Senate approved a controversial package of measures, thus significantly tightening rules in the field of migration and security. Now that the amendment is approved by the lower house…
Published on November 8, 2018
By Iris Barker
World & Politics
Macron calls to create a pan-European army
The proposal of the French president calls into question relevance of NATO and indicates the EU’s desire to get rid of the “military support” of the United States.
Published on November 7, 2018
By Iris Barker
Business & Finance
eMarketer: Holiday sales in the US will reach $ 1 trillion
According to a forecast of the research agency eMarketer, the volume of pre-Christmas and Christmas retail sales in the USA will exceed $ 1 trillion for the first time in…
Published on November 7, 2018
By Iris Barker
Economics
Moody’s: Global economy will slow down in 2019
The growth rate of the world economy in 2018 will reach 3.3%, and in 2019 it will slow down to 2.9%, which will make it difficult for some countries to…
Published on November 6, 2018
By Iris Barker
World & Politics
Moscovici: the European Commission may impose sanctions on Italy
The European Commission may impose sanctions on Italy as a last resort if an agreement on the country's budget is not reached, but Brussels wants to avoid this scenario, said…
Published on November 6, 2018
By Iris Barker
Business & Finance
Subaru recalls 100,000 vehicles in Japan
Subaru carmaker will recall about 100,000 vehicles in Japan to test the braking system, according to the Nikkei Asian Review. The automaker found out that the cars did not pass…
Published on November 5, 2018
By Iris Barker
World & Politics
Who will be allowed to trade with Iran?
The administration of US President Donald Trump has announced that it would restore all the sanctions lifted from Iran in the 2015 nuclear deal, the Associated Press reported.
Published on November 5, 2018
By Iris Barker
World & Politics
China is accused of exporting censorship
Over the past year, the global freedom situation on the Internet has deteriorated again, reports Freedom House, an organization funded by the US government, in its annual research, Freedom in…
Published on November 2, 2018
By Iris Barker
Economics
Apple’s forecast disappoints investors
In the fourth fiscal quarter of 2017-2018, Apple Inc. increased its net profit by 41%, revenue - by 20%. However, forecasts for the current quarter, which is usually Apple’s most…
Published on November 2, 2018
By Iris Barker
Business & Finance
Credit Suisse profit increases by 74% in the III quarter
Credit Suisse increased its net profit in the third quarter, but the figure did not meet analysts' expectations.
Published on November 1, 2018
By Iris Barker
World & Politics
Australia ratifies CPTPP, saves the agreement
Despite Donald Trump's withdrawal from the Trans-Pacific Partnership (TPP), the treaty survived. The agreement in a slightly modified form comes into force on December 30, 2018.
Published on November 1, 2018
By Iris Barker
Business & Finance
Airbus: production problems impede achieving targets
Airbus, a European aircraft manufacturing corporation, will rely on the aircraft it acquired in July to maintain supplies and fulfill its promise to produce 800 aircraft in 2018, reports Bloomberg.
Published on October 31, 2018
By Iris Barker
Science & Technology
How retailers use technologies to increase sales
Retail trade has always been quick to respond to changes in consumer behavior. Digital shifts are directly related to retailers: the ease of buying has turned into demand. Here, breakthrough…
Published on October 31, 2018
By Iris Barker
Science & Technology
Facebook releases videochat devices Portal and Portal Plus
Since 2004, Facebook has been claiming that it wanted people on earth to be closer to each other. To achieve this goal, the company relied on applications for the web…
Published on October 30, 2018
By Iris Barker
Economics
Chinese oil companies stop buying Iranian oil
The Wall Street Journal reported, citing its own sources that Chinese oil companies China National Petroleum Corp. (CNPC) and China Petrochemical Corp. refused to supply oil from Iran in November.
Published on October 30, 2018
By Iris Barker
Economics
French Finance Minister: the euro zone is not sufficiently prepared for a new crisis
The budget crisis in Italy does not pose a danger to the European Union, but the euro zone is not sufficiently prepared for a new economic crisis, French Finance Minister…
Published on October 29, 2018
By Iris Barker
Economics
FT: EU fails to circumvent US sanctions against Iran
The European Union has not yet found a country that would agree to become the jurisdiction of a special purpose vehicle (SPV), through which settlements with Iran will be made…
Published on October 29, 2018
By Iris Barker
Economics
World Bank: Poor food quality brings $115 billion of annual loss
Developing countries annually lose $ 115 billion due to poor food quality - this includes productivity losses due to diseases and deaths, the cost of treating eating disorders and losses…
Published on October 26, 2018
By Iris Barker
Economics
Asian stocks lost nearly $ 5 trillion of their value this year and continue to decline
Asian stocks fell on Thursday after falling at Wall Street. Asian stocks have already lost more than $ 4.9 trillion of their value this year, Bloomberg writes.
Published on October 25, 2018
By Iris Barker
Business & Finance
Facebook fined half a million pounds in Britain
The British Information Commissioner (ICO) imposed on Facebook Inc., which owns the eponymous social network, a fine of £ 500 thousand (about $ 644 thousand) for cooperation with the British…
Published on October 25, 2018
By Iris Barker
Economics
UK is preparing for disruptions of drugs and food supplies due to Brexit
If Brussels and London do not reach a satisfactory Brexit agreement, the delivery of goods to the UK along the main route will be difficult.
Published on October 24, 2018
By Iris Barker
Business & Finance
Barclays net profit for 9 months decreases by 10% to $ 4.05 billion
Net profit of one of the largest banks in Britain, Barclays, before tax in January-September 2018 amounted to 3.12 billion pounds sterling ($ 4.05 billion), which is 10% lower than…
Published on October 24, 2018
By Iris Barker
World & Politics
Turkish President and CIA set to find Khashoggi’s murderer
President of Turkey Recep Tayyip Erdogan stood with new accusations against the authorities of Saudi Arabia in the case of the missing journalist Jamal Khashoggi. He demanded to send the…
Published on October 23, 2018
By Iris Barker
Business & Finance
Lotte introduces a new investment plan for $ 44 billion
The South Korean conglomerate Lotte Group, which chairman was released from custody this month, revised the five-year investment plan just two years after its initial announcement.
Published on October 23, 2018
By Iris Barker
Business & Finance
Halliburton increases net profit for 9 months to $ 992 million
The net profit of the American oilfield services company Halliburton Inc., attributable to the parent company, increased 2.7 times in January-September 2018 and amounted to $ 992 million, follows from…
Published on October 22, 2018
By Iris Barker
Economics
S&P: Huge debts threaten China economy
China may face “debt iceberg” and “titanic” credit risks, S&P Global rating agency warned. According to its estimates, the size of off-balance sheet debts of Chinese municipalities can reach 30–40…
Published on October 22, 2018
By Iris Barker
Business & Finance
Schlumberger doubles net profit for 9 months
The net profit of American Schlumberger, the world's largest service company in the field of oil and gas, amounted to $ 1.628 billion in the first nine months of 2018,…
Published on October 19, 2018
By Iris Barker
Science & Technology
Smartphone makers will pay for pre-installing Google apps
After the European Commission fined Google and forbade it to preinstall its popular applications on smartphones and tablets, the company took unprecedented measures. Now, smartphone makers will be required to…
Published on October 19, 2018
By Iris Barker
Economics
Canada legalizes cannabis; tax profits expected to increase
A federal law on the legalization of cannabis for recreational purposes entered into force on Wednesday in Canada.
Published on October 18, 2018
By Iris Barker
World & Politics
Cyprus Cobalt Air stopped flights
The Cyprus airline Cobalt Air has announced a halt to the activity. Now, the carrier is offering passengers with tickets in their hands to apply for a refund.
Published on October 18, 2018
By Iris Barker
Business & Finance
Bank of America reduced 30% of staff thanks to technology development
Since 2010 The American banking giant Bank of America has reduced staff by 30% to 204 thousand employees (as per Q3 2018 statistics) due to development of technology and automation…
Published on October 17, 2018
By Iris Barker
Economics
Chinese regions debts are going off-balance
Off-balance sheet debt of the Chinese regions in 2017 reached 37 trillion yuan ($ 5.5 trillion), or 45% of GDP, and this figure is significantly higher than the official debts…
Published on October 17, 2018
By Iris Barker
Business & Finance
US Harris Corporation and L3 Technologies to create a defense contractor giant
High-tech defense companies Harris Corporation and L3 Technologies announced a $ 33.5 billion merger. The new company will be the seventh largest defense contractor in the world, beating companies such…
Published on October 16, 2018
By Iris Barker
Economics
Top 10 countries with the most expensive brands
Brand Finance Nation Brands 100 is a global study accompanied by a rating of countries in terms of the value of national brands according to the British consulting company Brand…
Published on October 16, 2018
By Iris Barker
Economics
IEA: Global market is getting accustomed to expensive oil
Weak global growth, trade disputes and high oil prices will limit growth in demand for fuel raw materials to 1.3 million barrels per day in 2018 and 1.4 million bpd…
Published on October 15, 2018
By Iris Barker
Business & Finance
JP Morgan increases net profit for 9 months by 26% to $ 25.4 billion
Net profit of JP Morgan Chase, one of the world's largest investment banks, increased by 26% in January-September 2018 compared to the same period last year and amounted to $…
Published on October 12, 2018
By Iris Barker
