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Iris Barker


American oil production is heading towards a record high

The Energy Information Administration (EIA) of the United States has published another short-term forecast on the level of oil production in the country. According to the report, US oil companiesโ€ฆ
Published on June 7, 2017
By Iris Barker

Bitcoinโ€™s rate is at the threshold of $ 3000

On the night of Tuesday, June 6, the weighted average bitcoin rate was close to $ 3,000, while the aggregate market capitalization of the market surpassed the $ 100 billionโ€ฆ
Published on June 6, 2017
By Iris Barker

Toyota refuses partnership with Tesla

Toyota Motor Corp., a Japanese automaker, has discontinued its business and capital partnership with Tesla Motors Inc., having sold its entire stake in the US manufacturer of electric vehicles, theโ€ฆ
Published on June 5, 2017
By Iris Barker

Arab countries break ties with Qatar

On the night of June 5, Bahrain announced break of diplomatic relations with Qatar and intention to interrupt air and sea communication with this country. Saudi Arabia, the United Arabโ€ฆ
Published on June 5, 2017
By Iris Barker

Revenues of App Store developers exceeded $ 70 billion

Apple announced that total revenues of its developers in the App Store exceeded $ 70 billion since the store was launched in 2008. Over the past 12 months, the numberโ€ฆ
Published on June 2, 2017
By Iris Barker

China and the EU get on the clean energy path

China and the European Union agreed on urgent need for international decisions on clean energy and climate change, European Commission President Jean-Claude Juncker said on Friday.
Published on June 2, 2017
By Iris Barker

China is ready to weaken the electric vehicles quotas

Beijing is ready to weaken its requirements for quotas for the production of electric vehicles in China, said Foreign Minister of Germany Sigmar Gabriel. German automakers have been afraid ofโ€ฆ
Published on June 1, 2017
By Iris Barker

European real estate prices come back to a reasonable level

The period of the housing market bubbles in the euro area is over; the threat of a collapse remains only in two countries, says Deutsche Bankโ€™s experts.
Published on June 1, 2017
By Iris Barker

Societe Generale names main risks for global markets

Possible failure of US President Donald Trump's plan to reduce taxes is the biggest risk of a "black swan" for world markets, analysts at Societe Generale believe.
Published on May 31, 2017
By Iris Barker

Robots will save Japanese economy from population ageing

Cisco forecasts that number of robots will surpass the population of developed countries by 2025. By 2032, their intellectual capabilities will be higher than that of a human, and byโ€ฆ
Published on May 31, 2017
By Iris Barker

Six steps to transform India’s economy

India, one of the fastest growing economies in the world, is ready to oust Germany and become the fourth largest economy in the world by 2022, according to the IMF.โ€ฆ
Published on May 30, 2017
By Iris Barker

Norway shuts the door for foreign Oil and Gas investors

Norway is trying to take new measures to prevent foreigners from increasing their share in offshore fields in the country. Apparently, this move is aimed at Russia, whose interest inโ€ฆ
Published on May 30, 2017
By Iris Barker

Seven best tourist destinations in Europe

Lonely Planet, specializes in guidebooks, published a rating of the best tourist destinations in Europe in 2017.
Published on May 29, 2017
By Iris Barker

New private companies show big jump in price over the past four years

Cost of new private companies like Uber and Airbnb has reached $ 490 billion, having increased several times over the past four years. Experts explain this by the inflow ofโ€ฆ
Published on May 29, 2017
By Iris Barker

WD increases the bid for Toshiba’s main business

Manufacturer of hard drives Western Digital has increased its offer for Toshibaโ€™s semiconductor business purchase.
Published on May 26, 2017
By Iris Barker

Blackstone collects $ 40 billion for Trumpโ€™s infrastructure projects

The Saudi Arabian Sovereign Public Investment Fund (PIF) has agreed to invest $ 20 billion in a new Blackstone infrastructure fund, reported WSJ and Bloomberg. Blackstone intends to attract anotherโ€ฆ
Published on May 26, 2017
By Iris Barker

Why Japan’s “womenomics” doesn’t have a chance

Japan takes gender equality or inequality very seriously. Although this, of course, is not the main problem of the country now. Nevertheless, Japanese Prime Minister Shinzo Abe presented "womenomics" asโ€ฆ
Published on May 25, 2017
By Iris Barker

Is China really willing to give up coal for gas?

Since factories and power plants throughout China burn half the world's coal, the government's goals for using natural gas to combat air pollution in the country look too ambitious, Bloombergโ€ฆ
Published on May 25, 2017
By Iris Barker

Netflix price grew by 22,000% since the IPO. But why?

Netflix held an IPO 15 years ago. Then, the company was valued at $ 300 million, and the giantโ€™s current market value approached $ 68 billion. Netflix shares have grownโ€ฆ
Published on May 24, 2017
By Iris Barker

Germany and France set up to stabilize the eurozone

Berlin and Paris are stepping up efforts to strengthen the euro area. The countries are setting up a joint working group, which should submit concrete proposals by July.
Published on May 23, 2017
By Iris Barker

Apple’s market cap approaches parity with Chinese banks

The market value of Apple is close to total capitalization of the five largest Chinese banks - China Construction Bank, Agricultural Bank of China Ltd., Industrial and Commercial Bank ofโ€ฆ
Published on May 23, 2017
By Iris Barker

China to introduce face recognition payment system

Payments using biometric technology of human face recognition will soon be launched in China. Ant Financial, a subsidiary of China's Alibaba, has become the first to introduce new technology, Sohuโ€ฆ
Published on May 22, 2017
By Iris Barker

Goldman Sachs: Backwardation will save the oil market

The OPECโ€™s key to success in balancing the oil market. It lies in an ability to turn "curves" of movements of the futures quotes.
Published on May 22, 2017
By Iris Barker

Greek parliament adopts new austerity measures

The Greek Parliament voted for a new package of austerity measures necessary to receive the next tranche of multibillion financial assistance, the BBC reported.
Published on May 19, 2017
By Iris Barker

Scandals around Trump are ravaging billionaires

Scandals around the ties between US President Donald Trump and Russia cost $ 35 billion to the world's richest people, according to Bloomberg. At the same time, businessmen lost suchโ€ฆ
Published on May 19, 2017
By Iris Barker

Brexit vacates office space in London

Deloitte Real Estate reports that the percentage of vacant office space in central London has risen sharply over the past year. According to experts, this was facilitated, on the oneโ€ฆ
Published on May 18, 2017
By Iris Barker

Will the world economy endure a new Korean war?

Rise in the price of consumer electronics, broken world trade and increase in US federal debt are some of the most important consequences of a possible war on the Koreanโ€ฆ
Published on May 18, 2017
By Iris Barker

Debt problems of regions are dragging India down

The Indian authorities have long ignored the way various regions of India received funding. As it turned out, the authorities of the Indian states have been practically sabotaging the centralโ€ฆ
Published on May 17, 2017
By Iris Barker

Looking for survival, Venezuela proposes cutting OPEC production even more

Trying to stabilize its own catastrophic situation, Venezuela suggested reducing OPEC production to 5 million barrels per day, which is more than 4 times higher than current decline in production.โ€ฆ
Published on May 17, 2017
By Iris Barker

Ford’s job cuts predict recession in the US

Only bad reports have come from the US car market in recent months, which almost certainly indicates problems in the American economy.
Published on May 16, 2017
By Iris Barker

Japan wants US back in TPP

Japan hopes that the US will return to the Trans-Pacific Partnership (TPP), and is only "pretending" to negotiate a bilateral deal, Kotaro Tamura of the Milken Institute told to CNBC.
Published on May 16, 2017
By Iris Barker

EY: US companies are more profitable than European concerns

Profitability indicators of American concerns are higher than those of their competitors from Europe. These are the results of a study of audit and consulting company EY.
Published on May 15, 2017
By Iris Barker

China dampens investments in “One Belt and One Road” project

Investments in President Xi Jinpingโ€™s famous project "One Belt and One Road" fell in 2016, as several indicators showed. This raises doubts about readiness of commercial enterprises to invest inโ€ฆ
Published on May 15, 2017
By Iris Barker

China is preparing to launch Globalization 2.0

To date, China has become one of the few countries that has money, and Xi Jinping is ready to issue several checks.
Published on May 12, 2017
By Iris Barker

Softbank invests $502 mln in a British VR startup

One of the leaders in the field of telecommunications, Softbank, announced an investment of $ 502 million in Improbable, a start-up from the UK that helps companies create complex virtualโ€ฆ
Published on May 12, 2017
By Iris Barker

US to expand the airline electronics ban

The United States is planning to expand the ban on transporting electronics on aircraft board, Now, it will affect flights from Europe.
Published on May 11, 2017
By Iris Barker

Will Puerto Rico’s bankruptcy result in exit from the United States?

The Government of Puerto Rico announced in 2015 that the island was unable to service its debts. On May 3, 2017, it launched the bankruptcy procedure, the largest in theโ€ฆ
Published on May 10, 2017
By Iris Barker

South Korea chooses new President

Liberal politician Moon Jae-in won the presidential election in South Korea on Tuesday and officially took office on Wednesday, reports Reuters.
Published on May 10, 2017
By Iris Barker

China breaks into the e-commerce vanguard

Not only the Chinese market of electronic and mobile retail trade caught up with the American and European, but in a number of ways has already become a reference pointโ€ฆ
Published on May 9, 2017
By Iris Barker

Cannabis industry is skyrocketing in the US

The marijuana industry is developing with leaps and bounds, and shares of manufacturing companies are rising at a record pace. Letโ€™s take a look at the growth dynamics of theโ€ฆ
Published on May 9, 2017
By Iris Barker

BMI Research: Failure of Saudi Aramcoโ€™s IPO will mean failure of the Saudisโ€™ economy

If the Saudi Aramco IPO does not bring the desired funds, a planned project to diversify the kingdomโ€™s economy will not be able to move forward as planned, BMI Researchโ€™sโ€ฆ
Published on May 8, 2017
By Iris Barker

Uber is put under investigation for Greyball

The US Department of Justice launched a criminal investigation against Uber for using the Greyball program to avoid inspections in regions where the provider had not yet obtained a license.โ€ฆ
Published on May 8, 2017
By Iris Barker

Fidelity International opens a bond fund in China

Fidelity International opened its first fund for wealthy investors in mainland China. This is a key event for foreign fund managers who want to expand their presence in the complexโ€ฆ
Published on May 5, 2017
By Iris Barker

Nestle sells Italian frozen food business

One of the leaders in the European frozen food market, German company Frosta, is buying Nestleโ€™s Italian business for the production of frozen food.
Published on May 4, 2017
By Iris Barker

Erdogan and Turkish economy keep hoping for the best

When Turkish President Recep Tayyip Erdogan meets with leaders of other states, economic issues begin to play an increasingly important role in the negotiations. However, Erdogan has become demonstratively complacentโ€ฆ
Published on May 4, 2017
By Iris Barker

JPMorgan is about to leave London

JPMorgan Chase & Co. plans to transfer hundreds of London bankers to expanded offices in Dublin, Frankfurt and Luxembourg. The bank prepares for a possibility that the United Kingdom mightโ€ฆ
Published on May 3, 2017
By Iris Barker

Is SWIFT really safe?

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is experiencing a "midlife crisis". Nowadays, the international interbank system serves as a basis for most payment services in more than 11โ€ฆ
Published on May 3, 2017
By Iris Barker

Donald Trump’s fiscal reform will cost $ 5.5 trillion in ten years

Donald Trump's tax plan, which takes just one sheet of paper, disappointed both the markets and the Republican congressmen who are to draft and agree on the bill in theโ€ฆ
Published on May 2, 2017
By Iris Barker

Alitalia commences bankruptcy proceedings

Management of the largest Italian airline Alitalia decided to commence the bankruptcy procedure for the company, after the airline employees refused to approve the restructuring plan.
Published on May 2, 2017
By Iris Barker

Intel boosts profit by 45%

Net profit of the US company Intel in the first quarter of 2017 increased by 44.9% in annual terms and reached $ 2.964 billion, or $ 0.61 per share, comparedโ€ฆ
Published on May 1, 2017
By Iris Barker
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