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Iris Barker


Foxconn: There’s a technological war between the US and China

Taiwanese company Foxconn, the world's largest contract manufacturer of electronics, said that the US and China are a technological, rather than trade war, reports Reuters.
Published on June 22, 2018
By Iris Barker

Greece: Stable but not healthy

After eight years of a financial Odyssey, having passed through financial hurricanes, in the shallow waters of the Eurozone and almost choking in the ninth wave of internal political strife,โ€ฆ
Published on June 22, 2018
By Iris Barker

South Korea to tighten cryptocurrency regulation

After the Bithumb was hacked, South Korean government announced tightening of the regulation of crypto-currency exchanges and accelerating implementation of the regulatory framework for the industry, CCN reported.
Published on June 21, 2018
By Iris Barker

Ghost employees are undermining economies of the Persian Gulf

The problem of employees that receive money, but do nothing and often donโ€™t even come to work, has acquired the scale of the catastrophe that threatens economic development in theโ€ฆ
Published on June 21, 2018
By Iris Barker

Ford, VW are discussing joint development of cars

The American motor-car manufacturer Ford Motors and German carmaker Volkswagen have begun negotiations about joint development of some commercial cars, informs BBC.
Published on June 20, 2018
By Iris Barker

Oracle exceeds market expectations

Oracle's revenue in the IV quarter of 2018 financial year increased by 3%, and so did profit (5% up). At the same time, the company's revenues exceeded Wall Street expectationsโ€ฆ
Published on June 20, 2018
By Iris Barker

USA launches the third round of the trade war with China

President of the United States Donald Trump instructed to define a list of Chinese goods worth $ 200 billion for the introduction of additional duties of 10%. The list isโ€ฆ
Published on June 19, 2018
By Iris Barker

Goldman Sachs still expects oil price above $ 80

Goldman Sachs still expects the price of oil to rise above $ 80 a barrel in the coming months, despite growing concerns about OPEC production growth and the escalation ofโ€ฆ
Published on June 18, 2018
By Iris Barker

Emerging equity markets are bleeding

Tightening of the Fedโ€™s monetary policy and the trade confrontation between the US and other countries resulted in a sharp decline in demand for assets in emerging markets. According toโ€ฆ
Published on June 18, 2018
By Iris Barker

Italy says No to refugees

Brussels should prepare for a humanitarian crisis in connection with the new Italian governmentโ€™s policy on the issue of migrants.
Published on June 15, 2018
By Iris Barker

Quarterly loss of Xiaomi exceeded $ 1 billion

The Chinese manufacturer of gadgets Xiaomi reported on the results of activities for the first quarter of this year. During the period from January to March 2018, the company incurredโ€ฆ
Published on June 15, 2018
By Iris Barker

Salesforce to invest $ 2.5 billion in the UK

The US company Salesforce, specializes in cloud computing, announced an investment of 1.9 billion pounds ($ 2.5 billion) in the UK over the next five years, reports CNBC.
Published on June 14, 2018
By Iris Barker

Income inequality is rising in China once again

The period of decline in income inequality in China seems to be over. Without changing the situation, by 2030 this country will return to probably the highest in the worldโ€ฆ
Published on June 14, 2018
By Iris Barker

IEA warns of a potential oil shortage

The International Energy Agency (IEA) said that demand for oil will be increasing steadily in 2019 due to the stability of the global economy, but the world may face aโ€ฆ
Published on June 13, 2018
By Iris Barker

German experts: Thereโ€™s no end to wars

Each year, five German institutions that study the problems of peace and conflict resolution, analyze the main trends of international security policy. Based on the results, the scientists compose anโ€ฆ
Published on June 13, 2018
By Iris Barker

Ten solar-powered companies

American business is investing a record amount of money in solar energy. Corporate customers had 325 megawatts of installed capacity last year, according to the Solar Means Business 2017 report,โ€ฆ
Published on June 11, 2018
By Iris Barker

Are online DNA databases dangerous?

Data of over 92 million people were compromised as a result of a hacker attack on the popular genealogy site MyHeritage, where users downloaded their DNA test data to findโ€ฆ
Published on June 11, 2018
By Iris Barker

Uber will identify drunk passengers

Uber's online taxi order service has developed a system for determining whether a passenger calling a taxi is drunk. Artificial intelligence will collect data on the behavior of a particularโ€ฆ
Published on June 11, 2018
By Iris Barker

Chinese keep inflating housing bubbles

Many buyers from China looking to invest money, prefer some cities in the Pacific Northwest, as well as in Australia and New Zealand, apart from the world large cities suchโ€ฆ
Published on June 11, 2018
By Iris Barker

SEC: ICO tokens are securities, but Bitcoin is not

The head of the US Securities and Exchange Commission, Jay Clayton, clarified the agency's position on the classification of the crypto currency, saying that tokens produced through the ICO areโ€ฆ
Published on June 8, 2018
By Iris Barker

Hedge funds are changing the oil market

Financial investors (hedge funds and other asset managers) markedly reduced their positions on the growth of oil prices after reports of talks between Russia and Saudi Arabia about the increaseโ€ฆ
Published on June 8, 2018
By Iris Barker

BCG: personalisation is the new black in the banking industry

The Boston Consulting Group presented a study in which it named the personalization and introduction of digital technologies the main trends of retail banking in the world.
Published on June 7, 2018
By Iris Barker

HTC bets on virtual reality

HTC, which is experiencing serious problems in the smart phone market, intends to continue investing in new advanced technologies, such as virtual (VR) and augmented reality (AR), artificial intelligence (AI),โ€ฆ
Published on June 7, 2018
By Iris Barker

Will Switzerland regain control over currency issuance?

The forthcoming referendum in Switzerland may be aimed at a radical transformation of the world finance industry.
Published on June 6, 2018
By Iris Barker

Tencent and Alibaba are fighting over investors

Two IT giants of China - Tencent and Alibaba โ€“ are directly or indirectly dominating several sectors of the Chinese economy at once, dividing spheres of influence in half. Theseโ€ฆ
Published on June 5, 2018
By Iris Barker

Is Starbucks founder going to become the US president?

Howard Schultz, the founder and long-term head of Starbucks, stepped down as chairman of the company's board of directors and said that he was considering a possibility of going toโ€ฆ
Published on June 5, 2018
By Iris Barker

BHP to sell its shale business in the US by early 2019

Anglo-Australian mining giant BHP Billiton, which plans to withdraw from its shale oil and gas business in the US, has received several offers to purchase these assets. However, the dealโ€ฆ
Published on June 4, 2018
By Iris Barker

Technologies encourage development of remote work around the globe

According to a study by IWG, most qualified specialists in the world work from home at least one day a week. Experts say that in the future remote work andโ€ฆ
Published on June 4, 2018
By Iris Barker

China to reduce duties on almost 1,5 thousand goods

From July 1, China will reduce import duties on almost 1.5 thousand consumer products from cosmetics to home appliances, to increase imports as part of efforts to open the economy,โ€ฆ
Published on June 1, 2018
By Iris Barker

Donald Trumpโ€™s government to relax the Volcker rule

The new head of the Fed, Jerome Powell, proposed to soften the so-called Volcker rule for the banks. The rule was introduced after the financial crisis and imposed trade restrictionsโ€ฆ
Published on June 1, 2018
By Iris Barker

Experts found how automation will change markets

While business is looking for a compromise between cost reductions, trade union demands and automation, economists have identified future changes in the labor market.
Published on May 31, 2018
By Iris Barker

Amundi: Climate change affects investments

Amundi, the largest asset management company in Europe, noted that institutional investors are now taking the climate change seriously, Bloomberg writes.
Published on May 31, 2018
By Iris Barker

Bayer and Monsanto will sell assets for $ 9 bln to complete the $ 66 bln-worth merger

German concern Bayer overcame the last obstacle to the merger with the American producer of GMO products Monsanto, negotiations for which started two years ago. The US Justice Department approvedโ€ฆ
Published on May 30, 2018
By Iris Barker

Bank of Italy Governor: Italy is a footstep away from losing investors confidence

Italy may lose investor confidence if the country's government does not adhere to fiscal discipline, said Ignazio Visco, President of the Italian Central Bank. The warning sounded against the backdropโ€ฆ
Published on May 30, 2018
By Iris Barker

OPEC is afraid of the global inflation growth

The rise in oil prices in recent months is of great concern to oil-importing countries and retail consumers, as they have to spend much more money for the import ofโ€ฆ
Published on May 29, 2018
By Iris Barker

Hamburg becomes the first German city to ban old diesels

In a couple of days, on May 31, the ban on diesel-powered cars will be introduced on two streets in the center of Hamburg. The innovation does not apply toโ€ฆ
Published on May 29, 2018
By Iris Barker

China is anchoring in the South China Sea

About 400 buildings were found on satellite images of a Chinese island in the South China Sea. This suggests that Beijing may eventually deploy marines on the island.
Published on May 28, 2018
By Iris Barker

Who will suffer from Trump’s car tariffs?

Introduction of a new US tax on imported cars and auto parts can be a threat to the global automotive industry.
Published on May 28, 2018
By Iris Barker

The Fed and the Bank of England urge to speed up rejection of LIBOR

The US Federal Reserve and the Bank of England called on global financial markets to step up efforts to move from the London Interbank Offering Rate (LIBOR) to alternative rates,โ€ฆ
Published on May 25, 2018
By Iris Barker

Oil giants are betting on Latin America

The world's largest energy companies make big bets on Latin America, although many used to be afraid to work in this region because of protectionist economic policies and the threatโ€ฆ
Published on May 25, 2018
By Iris Barker

The British government is trying to unblock money to pay off the national debt

Attorney General Jeremy Wright on Tuesday asked the High Court of London to unblock 400 million pounds sterling, which for 90 years have been accumulating in a fund created toโ€ฆ
Published on May 24, 2018
By Iris Barker

IMF believes in Saudi Arabia’s success

The IMF believes that Saudi Arabia is making "good progress" in implementing reforms under the Saudi Vision 2030 initiative, which will help stimulate the country's economic growth.
Published on May 24, 2018
By Iris Barker

Asteroid mining: Reality or fiction?

Private companies developing space technologies and reduction in the cost of rocket launches make extraction of minerals in outer space a reality in the foreseeable future.
Published on May 21, 2018
By Iris Barker

How soon will Italy’s populist parties scare investors away?

Goldman Sachs has removed one of Italy's most famous companies from the list of companies whose shares are recommended for purchase because of approaching establishment of a populist government.
Published on May 21, 2018
By Iris Barker

Investors are expecting low growth rates and buying risky assets

Portfolio managers of the largest investment funds expect a slowdown in the growth of the world economy, especially in the perspective of rapid tightening of the credit policy of theโ€ฆ
Published on May 18, 2018
By Iris Barker

UN: Two-thirds of the world’s population will live in cities by 2050

The United Nations Department of Economic and Social Affairs published new projections on the global growth in the number of cities and urban population. According to the estimates, by 2030โ€ฆ
Published on May 18, 2018
By Iris Barker

Tencentโ€™s profit jumps by 61% in the I quarter

Profit of Chinese Internet giant Tencent Holdings Ltd. for the first quarter exceeded expectations of analysts due to a significant increase in revenues from the gaming business, reports Bloomberg.
Published on May 17, 2018
By Iris Barker

What countries are the biggest losers of Trumpโ€™s Iran decision?

The decision of US President Donald Trump to withdraw from the nuclear agreement with Iran is not only military, but also geopolitical. It restores the regime of economic sanctions againstโ€ฆ
Published on May 17, 2018
By Iris Barker

The economy of Japan declines after two years of growth

In the first quarter, the economy of Japan fell by 0.6% compared to the same period last year, as investment has declined, and the volume of personal consumption has notโ€ฆ
Published on May 16, 2018
By Iris Barker

Whatโ€™s wrong? Tesla canโ€™t retain its top managers

While Elon Musk is trying to brush up mass production of his electric cars, top managers are leaving his company. The exodus of Tesla's executives began in February, and theโ€ฆ
Published on May 16, 2018
By Iris Barker
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