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Iris Barker


Angry Birds are going to IPO

Rovio Entertainment, creator of one of the most popular mobile games Angry Birds, can enter the stock exchange in the coming weeks. The developer hopes to attract about $ 400โ€ฆ
Published on August 24, 2017
By Iris Barker

Draghi: Central banks should be open

Head of the European Central Bank (ECB) Mario Draghi said that although the actions of central banks over the past decade have strengthened the world economy, it is important toโ€ฆ
Published on August 23, 2017
By Iris Barker

Wal-Mart to unite with Google’s voice platform

Wal-Mart Stores joins with Google Alphabet to take its share in the nascent market of voice purchases, which is currently dominated by Amazon. This will be another side of theโ€ฆ
Published on August 23, 2017
By Iris Barker

British Provident Financial collapses by 57%

Shares of Provident Financial Plc showed record fall after reports that the companyโ€™s head Peter Crook is resigning. In addition, the British company specializing in risky lending, predicted a lossโ€ฆ
Published on August 22, 2017
By Iris Barker

Ten most technologically advanced countries in the world

In the past, technological innovations were a privilege of the richest people in the world. However, everything has changed today - technological innovations are everywhere.
Published on August 22, 2017
By Iris Barker

The US construction industry is suffering from labor shortage

Shortage of labor and subcontractors in the US construction industry has increased over the past year, according to the housing market index of the National Association of Home Builders /โ€ฆ
Published on August 21, 2017
By Iris Barker

The Korean problem is threatening the world trade

Economies of the United States, Japan, and Korea may pay dearly for the tense situation on the Korean peninsula.
Published on August 21, 2017
By Iris Barker

Foxconn to receive tax breaks for $ 3 billion in the US

On Thursday, the Wisconsin Legislative Assembly, controlled by the Republicans, voted 59-30 to approve a bill that will pave the way for a $ 3 billion incentive package for theโ€ฆ
Published on August 18, 2017
By Iris Barker

Lenovo receives a net loss for the first time in 6 quarters

The Chinese Lenovo Group, one of the world's largest personal computer manufacturers, recorded a quarterly loss for the first time in six quarters amid continued price increases for memory chips.
Published on August 18, 2017
By Iris Barker

Russia surpasses Saudi Arabia in oil production

Russia in June produced an average of 10.323 million barrels of oil per day, once again outstripping Saudi Arabia in terms of production, says Joint Oil Statistical Initiative (JODI).
Published on August 17, 2017
By Iris Barker

Oil producers predict a boom in the market of electric vehicles

Total, one of the world's largest oil producers, believes that almost a third of new car sales will fall on electric cars by the end of the next decade. Theโ€ฆ
Published on August 17, 2017
By Iris Barker

Goldman Sachs predicts fall of bitcoin

Bitcoinโ€™s prices could grow to almost $ 5,000 in the foreseeable future, but after that, it is likely that the correction will reach about $ 2,000, CNBC reports with referenceโ€ฆ
Published on August 15, 2017
By Iris Barker

US restaurants are experiencing the worst crisis since 2009

The restaurant industry in the US keeps showing extremely weak results, while a constant decline in indicators can signal serious problems in the consumer sector of the world's largest economy.
Published on August 15, 2017
By Iris Barker

Blue Apron can’t invent a recipe of success

Blue Apron has reported for the second quarter - its first report as a public company. It turned out that the food delivery service is in a rather difficult situation.โ€ฆ
Published on August 14, 2017
By Iris Barker

Why we should forget about shares of American exporters

This year, shares of US companies that receive bulk of their profits outside the country have shown significantly better returns than those of organizations oriented to the domestic market.
Published on August 14, 2017
By Iris Barker

The 5 biggest misconceptions in the oil market

Companies operating in the Permian basin in the US showed good results in August. This is not surprising, given the fact that this pool, located in Texas and New Mexico,โ€ฆ
Published on August 11, 2017
By Iris Barker

Toshiba to sell its key business

Japanese corporation Toshiba has concentrated on sale of its memory chips manufacture, the key business of the company. The seller resumed negotiations with Taiwanese Foxconn Technology and Western Digital hardโ€ฆ
Published on August 11, 2017
By Iris Barker

Deutsche Bรถrse is preparing Plan B while its CEO is being investigated

Deutsche Boerse is already developing a plan of action in case its chief executive director, Carsten Kengeter, who is being investigated, will have to resign. This is reported by Germanโ€ฆ
Published on August 10, 2017
By Iris Barker

Is there a worthy alternative to LIBOR?

London Interbank Offered Rate (LIBOR) is published each working day shortly before noon on British time. This is the weighted average rate at which loans are offered to banks inโ€ฆ
Published on August 10, 2017
By Iris Barker

Will Germany save diesel?

The German government is trying hard to save the diesel technology. In recent years, the countryโ€™s environmentalists and city municipalities, along with a number of countries in Europe and America,โ€ฆ
Published on August 9, 2017
By Iris Barker

Vantiv to purchase Worldpay for $ 10.4 billion

American processing company Vantiv Inc. agreed to buy Worldpay Group Plc, the operator of the largest UK payment system, for 8 billion pounds ($ 10.4 billion), reports Bloomberg.
Published on August 9, 2017
By Iris Barker

China counts losses from sanctions against the DPRK

China will pay the highest price because of the new UN sanctions against North Korea, since the two countries have historically close economic ties. At the same time, the PRCโ€ฆ
Published on August 8, 2017
By Iris Barker

World stocks update record high

World stocks update highs on Tuesday, despite weaker than expected data on China's trade, which overshadow prospects for global growth, writes Reuters.
Published on August 8, 2017
By Iris Barker

What threatens Abenomics?

The Prime Minister of Japan and Head of the Liberal Democratic Party of the country Shinzo Abe found himself in the epicenter of a serious political scandal. There is noโ€ฆ
Published on August 7, 2017
By Iris Barker

HSBC: de-globalization of the world economy has started

The volumes of foreign sales of large world companies are rapidly declining. Corporate income received abroad in 2016 slid to 44% worldwide, the lowest in 5 years, says HSBC.
Published on August 7, 2017
By Iris Barker

4 questions about Bitcoin Cash

Months of intense debate in the crypto-currency community, fears and frenzied course jumps are over. The hardfork of bitcoin has taken place, but it did not lead to any terribleโ€ฆ
Published on August 2, 2017
By Iris Barker

Asia is getting ready to become new digital Wall Street

Although one of the most powerful countries in the world continues to exert a great influence both on the financial and technological sectors separately, the leadership in the field ofโ€ฆ
Published on August 2, 2017
By Iris Barker

Will strong euro really benefit the European economy?

The euro rate in recent weeks has grown significantly. In relation to the US currency, the European currency reached its highest level from the beginning of 2015 at a lowโ€ฆ
Published on August 1, 2017
By Iris Barker

Mercosur wants to oust Venezuela from the block

Countries of the South American trading block Mercosur may exclude Venezuela from its membership because of elections to the National Constituent Assembly, Paraguayan Foreign Minister Eladio Loizaga said.
Published on July 31, 2017
By Iris Barker

Swiss banks paid $ 1 billion at low rates

Swiss banks paid 970 million Swiss francs ($ 1 billion) at negative interest rates in the first half of 2017, which is 40% more than in the same period lastโ€ฆ
Published on July 31, 2017
By Iris Barker

US chimes in on cartel accusation of German carmakers

American consumers wrote a collective complaint against German automakers, namely Volkswagen, Daimler and BMW. Just like in Germany, they are accused of cartel collusion, Der Spiegel writes.
Published on July 28, 2017
By Iris Barker

Britain to conduct a study on labor migration after Brexit

Britain ordered an annual study of EU migration, which should help the British authorities develop a migration system after the final withdrawal from the European Union, writes Reuters.
Published on July 28, 2017
By Iris Barker

Shell’s profit grew to $ 1.9 billion in Q2

Anglo-Dutch oil company Royal Dutch Shell PLC said on Thursday that its net profit in the second quarter increased to $ 1.9 billion.
Published on July 27, 2017
By Iris Barker

Great Britain to abandon LIBOR by 2021

Use of the London Interbank Offering Rate (LIBOR) will be discontinued by the end of 2021, as regulators and banks in the UK want to replace the rate with aโ€ฆ
Published on July 27, 2017
By Iris Barker

Nintendo’s profit exceeds forecasts of analysts

Japanese company Nintendo in the first fiscal quarter made a profit, thus outstripping analysts' expectations. The results were achieved thanks to active sales of the new game console Switch andโ€ฆ
Published on July 26, 2017
By Iris Barker

Reuters: EU is forcing banks to leave London

Banks - primary dealers on EU government bonds - may be forced to shift some operations from London, if they want to keep this business after Brexit, Reuters reports citingโ€ฆ
Published on July 26, 2017
By Iris Barker

CNN: Rex Tillerson may leave the post of US Secretary of State

US Secretary of State Rex Tillerson may leave his post by the end of the year due to the growing discontent with the policies of President Donald Trump. This, referringโ€ฆ
Published on July 25, 2017
By Iris Barker

European Commission’s fine knocks down Alphabet’s finances

According to the published financial results of the second quarter, net profit of Alphabet, the owner of Google, experienced the largest drop since 2008 - by 28%, to $ 3.5โ€ฆ
Published on July 25, 2017
By Iris Barker

Shipping companies are in a vicious circle of debts

Dutch shipowner Vroon is conducting difficult negotiations with banks, trying to find a way out of the long recession in the shipping industry. However, the situation is not easy forโ€ฆ
Published on July 24, 2017
By Iris Barker

How China became a pioneer of the solar industry

Today, China is the world's largest investor in the field of green energy. By 2020, the government promises to spend over $ 360 billion on these projects, creating over 13โ€ฆ
Published on July 24, 2017
By Iris Barker

The US is holding back a wave of Chinese acquisitions

A secret government group in the US has objected to at least nine acquisitions of US companies' shares by foreign investors this year, Reuters reports citing its own sources.
Published on July 21, 2017
By Iris Barker

CNBC: Intel leaves the wearable gadgets market

Intel company has dismissed a department engaged development of in fitness trackers and other worn electronics. Back in November last year, the chip maker laid off 80% of the teamโ€ฆ
Published on July 21, 2017
By Iris Barker

Islamic banking is trying to conquer Africa

In 2008, the central bank of Ethiopia, known for its conservative views, decided to experiment: it allowed banking activities with no interest. Sharia law prohibits usury, so this step wasโ€ฆ
Published on July 20, 2017
By Iris Barker

Amazon launches a social network for shopping

Amazon launched its own social network named Spark. The serviceโ€™s main goal is to offer an opportunity to purchase goods in the company's online store.
Published on July 20, 2017
By Iris Barker

Forest fires in Canada raised prices for wood

World prices for wood are growing because of forest fires in the Canadian province of British Columbia, which is the world's largest supplier of softwood, The Vancouver Sun newspaper writes.
Published on July 19, 2017
By Iris Barker

IFO: refusal from ICE will deprive Germany of 600 thousand jobs

Experts of the Institute for Economic Research of the Federal Republic of Germany spoke out against initiatives to completely ban sales of cars with internal combustion engines by 2030. Accordingโ€ฆ
Published on July 19, 2017
By Iris Barker

China is stepping up the fight against financial risks

Last weekend, Chinese President Xi Jinping said that the country's central bank will play a more significant role in protecting against risks, and called for increased measures to protect theโ€ฆ
Published on July 18, 2017
By Iris Barker

Reuters: Changes in listing in Britain will attract state-owned companies

Proposed changes in the listing in Britain can attract companies with state participation to the London stock markets, as the authorities of oil-rich countries are preparing for a wave ofโ€ฆ
Published on July 18, 2017
By Iris Barker

The EU increased trade with other countries in May

The volume of trade in the euro area sharply increased in May against the backdrop of growing exports and imports of goods with the rest of the world. This factโ€ฆ
Published on July 17, 2017
By Iris Barker

Does Saudi Arabia really need expensive oil in 2017?

Saudi Arabia may not be as weakened as one would expect, even though the oil market is vulnerable in the face of reductions carried out by major world oil producers.
Published on July 17, 2017
By Iris Barker
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