
Iris Barker
World & Politics
Powerty in Italy tripled in 10 years
Number of Italians who live below the poverty line has almost tripled in the last ten years, as the country experienced a double decline in a record long recession, Bloombergโฆ
Published on July 14, 2017
By Iris Barker
Economics
ECB follows the Fed’s lead in the curtailment of the QE program
The European Central Bank (ECB) seeks to maintain the open time of the asset buy-back program, and not to set a potential date for its termination. These actions are meantโฆ
Published on July 14, 2017
By Iris Barker
World & Politics
Hackers steal a businessman’s reputation in Sweden
Head of the largest Swedish security firm Securitas, Alf Gรถransson, was declared bankrupt this week. As it turned out later, hackers stole the businessmanโs personal data, took a loan andโฆ
Published on July 13, 2017
By Iris Barker
Business & Finance
The largest bank in Qatar is expanding its presence in Asia
Expansion of Qatar National Bankโs presence in Asia helps the lender to negate influence of the campaign conducted by Arab states to isolate Qatar, the bank's head stated. QNBโs sharesโฆ
Published on July 13, 2017
By Iris Barker
Economics
Petrรณleos de Venezuela to ramp up production
Petrรณleos de Venezuela (PDVSA) is going to invest $ 50 billion in increasing production to 2.5 million barrels per day by 2025.
Published on July 12, 2017
By Iris Barker
Business & Finance
Wanda sells assets in China’s largest deal
Wanda Group, one of the largest Chinese buyers of foreign assets, announced sale of hotels and tourist facilities to a competitor company. The deal is the largest in the Chineseโฆ
Published on July 12, 2017
By Iris Barker
Business & Finance
Abercrombie & Fitch stops merger talks
Shares of Abercrombie & Fitch fell by almost 20%, after the retailer announced termination of negotiations with several potential buyers. Arthur Martinez, the groupโs executive director, informed about the crumbedโฆ
Published on July 11, 2017
By Iris Barker
Science & Technology
Oculus Rift falls in priceโฆagain
Oculus announced the next reduction in prices. As part of Summer of Rift campaign, you can buy a set of virtual reality helmet and two touch controllers for $ 399.โฆ
Published on July 11, 2017
By Iris Barker
World & Politics
PWM reveals best citizenship-by-investment programs
Professional Wealth Management published a rating of countries that provide citizenship through investment, and also told about the current requirements of each country to potential applicants. The ratingโs authors cameโฆ
Published on July 7, 2017
By Iris Barker
Economics
2016 was a record for Saudi Aramco
Saudi Arabia's state-owned oil company Saudi Aramco increased production to a record level of 10.5 million barrels per day at the end of 2016.
Published on July 7, 2017
By Iris Barker
Economics
Germany is concerned about a possible US-EU trade war
Germany is concerned that US President Donald Trump can launch a trade war with Europe, German Foreign Minister Sigmar Gabriel said on Thursday before the G20 summit in the portโฆ
Published on July 6, 2017
By Iris Barker
Business & Finance
Monte Paschi comes up with a restructuring plan
Italian lender Banca Monte dei Paschi di Siena SpA presented a five-year restructuring plan that includes cutting thousands of jobs and selling assets after the European Union announced that theโฆ
Published on July 6, 2017
By Iris Barker
Business & Finance
Nokia and Xiaomi sign a patent agreement
Finnish manufacturer of mobile phones Nokia and Chinese vendor Xiaomi Technology have signed a licensing patent agreement. According to the companies, the transaction implies mutual provision of a cross-license. Inโฆ
Published on July 5, 2017
By Iris Barker
World & Politics
Austria gathers troops to shelter itself against refugees
Enraged authorities of Italy called upon the Austrian ambassador, after the government in Vienna announced its readiness to reintroduce border control and deploy troops and armored vehicles along the border.โฆ
Published on July 5, 2017
By Iris Barker
Business & Finance
Samsung invests $ 18.6 billion in South Korea
Samsung Electronics announced its intention to invest more than 21.4 trillion won ($ 18.6 billion) in the development and expansion of its production facilities in South Korea by 2021.
Published on July 4, 2017
By Iris Barker
Economics
Abe to sign trade agreement with EU at G20 meeting
On Thursday, The European Union and Japan are expected to sign a free trade agreement to protect themselves from the emerging policy of protectionism in the US under President Donaldโฆ
Published on July 4, 2017
By Iris Barker
Business & Finance
Dropbox is preparing for an IPO
Dropbox cloud storage service began to prepare for the placement of securities for the first public offering of shares (IPO) at the end of this year, reports Reuters referring toโฆ
Published on July 3, 2017
By Iris Barker
Economics
China opens Bond Connect program for foreign investors
On Monday, China and Hong Kong launched the Bond Connect program. This is cross-traded bonds, which open access to the market of China's debt securities for foreign investors. The marketโsโฆ
Published on July 3, 2017
By Iris Barker
Economics
Recovery of Japan’s economy is postponed
Industrial production in Japan declined more rapidly in May than it was in the aftermath of the devastating earthquake in March 2011, while stocks reached their highest level in almostโฆ
Published on June 30, 2017
By Iris Barker
Economics
IIF: Global debt reached $ 217 trillion
According to the Institute of International Finance (IIF), the growth of the world debt for the past year has slowed down: in the first quarter it grew by only $โฆ
Published on June 30, 2017
By Iris Barker
Economics
UK will have to increase gas imports after Brexit
The UK is shutting down the largest underground gas storage facility, which could result in a fuel shortage this winter. Most likely, all European storage facilities will no longer beโฆ
Published on June 29, 2017
By Iris Barker
Economics
GM lowers sales forecast for the US
Sales of new cars in the US in 2017 will be range "below 17 million," which may indicate a moderate decline in the industry, told experts General Motors quoted byโฆ
Published on June 28, 2017
By Iris Barker
Science & Technology
AEON and IBM to create a blockchain platform
AEON financial company and technological giant IBM are developing a financial blockchain-oriented platform for the Asian market.
Published on June 28, 2017
By Iris Barker
Economics
Draghi defends the ECBโs monetary policy
Head of the European Central Bank (ECB), Mario Draghi, spoke in favor of incentive measures, saying that young people will benefit from the revival of growth in the euro area,โฆ
Published on June 27, 2017
By Iris Barker
Economics
Brexit will hit the UK fruit and vegetable industry
Last summer, UK residents voted to "stop feeding the EU", meaning to finance a number of joint projects. Now, however, it turns out that it is the EU that feedsโฆ
Published on June 27, 2017
By Iris Barker
Economics
Did oil companies spend billions in vain?
ExxonMobil and its colleagues risk wasting $ 2.3 trillion on oil projects that will not be needed if the world reaches peak demand for hydrocarbons over the next decade, OilPriceโฆ
Published on June 26, 2017
By Iris Barker
World & Politics
Trump to speak for America’s dominance in the energy sector
President of the United States Donald Trump intends to call for an increase in the export of oil and natural gas from the US during the Energy Week in orderโฆ
Published on June 26, 2017
By Iris Barker
Economics
Faroe Islands are drumming up interest among oil investors
Oil companies are interested in renewing the search for oil and gas in almost unexplored seas near the Faroe Islands, which are located close to the British North Sea, Headโฆ
Published on June 23, 2017
By Iris Barker
Business & Finance
Nomura moves from London to Germany
Nomura Holdings Inc. decided to move the European Union headquarters to Frankfurt in connection with the release of Britain from the block, reports Bloomberg referring to sources familiar with theโฆ
Published on June 23, 2017
By Iris Barker
Business & Finance
Ethereum encounters a problem
One of the largest crypto-exchange exchanges - Bitfinex - has suspended the withdrawal of the Etherium. The reason is a protracted failure in the Etherium system.
Published on June 22, 2017
By Iris Barker
Economics
The World Bank is preparing for a transformation
The World Bank is shifting from the role of major development projects lender to the role of a private sector investment broker.
Published on June 22, 2017
By Iris Barker
World & Politics
Record 65.6 million people were displaced in 2016
The number of refugees, or forcibly displaced persons, has almost doubled in the past 20 years, the UN Refugee Agency said in a report.
Published on June 21, 2017
By Iris Barker
World & Politics
Are millionaires preparing for an apocalypse?
It is believed that the territory in the central United States, namely, states such as Colorado, Montana, Nebraska, New Mexico, North Dakota, Texas and Wyoming, is perfectly suited for survivalโฆ
Published on June 21, 2017
By Iris Barker
Economics
Australia takes control over natural gas exports
Australian Prime Minister Malcolm Turnbull announced that his government will grant companies the right to obtain licenses for gas exports in an attempt to reduce domestic gas prices, writes Businessโฆ
Published on June 20, 2017
By Iris Barker
Science & Technology
Stock trading computers are not a future anymore
Decisions about investments are increasingly made not by a person, but by a computer. Now, quantum foundations - those in which investment decisions are made automatically on the basis ofโฆ
Published on June 20, 2017
By Iris Barker
Business & Finance
Does the People’s Bank of China manipulate the bitcoin course?
China's domination of the bitcoin network looks incredibly troubling for the technoliberarian puritans of the digital currency. Practically, they fear that the concentration of digital power in the world's secondโฆ
Published on June 19, 2017
By Iris Barker
Economics
Ireland plays a hand in default of one of the largest post-Soviet banks
When the largest bank of Azerbaijan wanted to extract hundreds of millions of dollars from funds in neighboring Kazakhstan, it had to go backwards for 2,700 miles to Ireland, writesโฆ
Published on June 19, 2017
By Iris Barker
Economics
Amazon to buy Whole Foods supermarkets
American online retailer Amazon.com reached an agreement to purchase a Whole Foods Market supermarket chain for $ 13.7 billion. The company will pay $ 42 per Whole Foodsโ share.
Published on June 16, 2017
By Iris Barker
Economics
Greece gets โฌ 8.5 billion in exchange for austerity measures
Greece will avoid a default in July since European creditors agreed to allocate โฌ 8.5 billion for the country. The delay in payment became possible thanks to unpopular reforms inโฆ
Published on June 16, 2017
By Iris Barker
Economics
Central banks attempting to save markets
In the first five months of this year, central banks bought assets worth $ 1.5 trillion. Among these assets are stocks, bonds and real estate.
Published on June 15, 2017
By Iris Barker
Business & Finance
Airbus threatens to leave Britain
President of Airbus Commercial Aircraft (the largest division of the Airbus Group) Fabrice Brรฉgier said that Airbus can take its production out from Great Britain (the company has two plantsโฆ
Published on June 15, 2017
By Iris Barker
Business & Finance
The end of Yahoo! era
Yahoo! announced closure of the deal on sales of the companyโs main business to Verizon Communications. The company will be renamed Altaba Inc. on June, 16. Since June 19, theโฆ
Published on June 14, 2017
By Iris Barker
World & Politics
EU says goodbye to mobile roaming charges
Starting from tomorrow, the EU cancels the roaming charges for subscribers of European mobile communications companies. This is stated in a message of the Council of the European Union.
Published on June 14, 2017
By Iris Barker
Business & Finance
Deutsche Bank gets $ 170 million fine for Euribor manipulations
Deutsche Bankโs fine for manipulating the interbank rate will be higher than that of its competitors, Barclays and HSBC. As German business edition Handelsblatt writes, the German bank will haveโฆ
Published on June 13, 2017
By Iris Barker
World & Politics
Denmark loses interest to electric cars
Denmark, the pioneer in renewable energy, has lost interest in electric vehicles Last year, the countryโs government cancelled tax benefits for electric cars, and right after that their sales inโฆ
Published on June 13, 2017
By Iris Barker
Business & Finance
Alibaba’s founder adds $ 2.8 billion to his capital overnight
Capital of Jack Ma, the founder of the Internet company Alibaba, grew by $ 2.8 billion in just one day against the background of the company's sales forecasts, reports Bloomberg.
Published on June 9, 2017
By Iris Barker
Economics
SoftBank buys robot manufacturers from Alphabet
SoftBank, a member of the Japanese holding SoftBank Group Corp, entered into a definitive agreement on purchase Boston Dynamics and Schaft, two manufacturers of robots owned by Alphabet Inc.
Published on June 9, 2017
By Iris Barker
Economics
Is Bank of Japan preparing to leave the QE?
The yen strengthened, and Japanese bonds fell on rumors that the Bank of Japan could change its rhetoric and admit that it is discussing a strategy of curtailing monetary stimulus,โฆ
Published on June 8, 2017
By Iris Barker
Economics
Do American community banks have a chance?
A few weeks ago, Standard Financial, a bank with assets of $ 488 million and only nine branches, merged with Allegheny Valley Bancorp, an even smaller neighbor in the suburbsโฆ
Published on June 8, 2017
By Iris Barker
Business & Finance
Pinterest attracted $ 150 million of investment and is now estimated at $ 12.3 billion
One of the hottest start-ups in the Silicon Valley has attracted more than $ 1 billion since its inception in 2010.
Published on June 7, 2017
By Iris Barker