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Iris Barker


Americans disillusioned with the country’s economy

โ€‹An average American is gradually becoming disillusioned in the countryโ€™s economy. Consumer confidence in the US in January 2017 fell to 111.8 points, which was lower than expected, and theโ€ฆ
Published on February 15, 2017
By Iris Barker

Toshiba’s top executive is stepping down

Toshibaโ€™s Chairman of the Board of Directors Shigenori Shiga is stepping down, the corporation said. This decision is explained by the fact that Toshiba had to postpone publication of itsโ€ฆ
Published on February 14, 2017
By Iris Barker

Wearables market is drowning

According to Strategy Analytics, sales of smart watches in 2016 rose by only 1% compared to 2015. Experts are also worried by the fact that many owners of such gadgetsโ€ฆ
Published on February 14, 2017
By Iris Barker

Amazon takes ad revenues away from Google

Facebook and Google are two clear leaders of online advertising, and there is a wide gap separating them from all others. However, these two have an unapparent but strong rival.โ€ฆ
Published on February 13, 2017
By Iris Barker

Does Turkey-Britain alliance have a future?

Recently, British Prime Minister Theresa May visited Turkey. Last week, CIA Director Mike Pompeo has had his first international visit to Ankara, which resulted in an apparently fruitful conversation onโ€ฆ
Published on February 13, 2017
By Iris Barker

Nvidia’s annual profit grew more than twice

Nvidia's net profit in the IV quarter of 2017 fiscal year increased by 21% QoQ and 216% YoY to $ 655 million. The figures were higher than analysts' expectations, butโ€ฆ
Published on February 10, 2017
By Iris Barker

Le Pen scares away investments in France

French presidential candidate Marine Le Pen said that majority of holders of the countryโ€™s debt do not care about a currency in which the debt will be repaid. However, investorsโ€ฆ
Published on February 10, 2017
By Iris Barker

American oil leap frogs in production; the market hits the panic button

The United States continues to actively build up oil reserves and is stepping up active drilling. This situation occurred thanks to stabilization of oil prices, which OPEC and other producersโ€ฆ
Published on February 9, 2017
By Iris Barker

Italians are losing faith in the euro

Deputy Governor of the Central Bank of Italy Salvatore Rossi during a radio show was asked why wouldnโ€™t the country abandon the euro and return to its old and familiarโ€ฆ
Published on February 8, 2017
By Iris Barker

Aramco chooses Moelis & Co. to support IPO and starts to think about SPO

Saudi Oil Corporation Saudi Aramco hired US investment bank Moelis & Co. as a consultant for initial public offering of its shares.
Published on February 8, 2017
By Iris Barker

What will happen to bitcoin in 2017

2016 turned out to be particularly successful for Bitcoin - the cryptocurrency has even been named the best asset. However, the beginning of 2017 looks like a roller coaster: first,โ€ฆ
Published on February 7, 2017
By Iris Barker

PwC predicts the world’s largest economies of 2030

PwC published a forecast of the worldโ€™s most powerful economies until 2030. The report is called "The long view: How will the global economic order change by 2050?". The paperโ€ฆ
Published on February 7, 2017
By Iris Barker

Tiffany says goodbye to its CEO

Last night, Tiffany surprised many with an announcement on resignation of its general director Frederic Cumenal. This is the second resignation in the market of premium products over the pastโ€ฆ
Published on February 6, 2017
By Iris Barker

Barron’s: AMD’s share price will double in 2017

Analysts see an opportunity for double-digit growth of AMD's stock price in the current year, according to Barron's. Over the past year papers of the producer of chips and graphicsโ€ฆ
Published on February 6, 2017
By Iris Barker

ECB: We need a ‘bad bank’ to deal with ‘bad loans’

Vice-President of the European Central Bank (ECB) Vitor Constancio urged to create a plan of action to support banks in dealing with a backlog of bad debts of about 1โ€ฆ
Published on February 3, 2017
By Iris Barker

Against Trump: Mexico and the European Union are stepping up cooperation

Purpose of the negotiations is to modernize a FTA agreement concluded between the EU and Mexico in 2000. Over the years, volume of European trade with Mexico has increased three-fold.
Published on February 3, 2017
By Iris Barker

Japan to invest in US infrastructure

The world's largest pension fund GPIF (Government Pension Investment Fund of Japan) is going to invest in infrastructure projects in the United States.
Published on February 2, 2017
By Iris Barker

LCH: Computer-controlled hedge funds lead the game

Artificial intelligence has once again demonstrated its power. Hedge funds based on algorithmic trading system are leaders of efficiency ratings.
Published on February 2, 2017
By Iris Barker

Ten countries with the cheapest labor force

It is very difficult to find someone who would have been completely satisfied with their salary. Very often, people believe that they are underpaid.
Published on February 1, 2017
By Iris Barker

Under Armour becomes second-worst in S&P 500

Shares of sportswear manufacturer Under Armour collapsed after the company published its fiscal report. The paper shows decrease in forecast on the main indicators.
Published on February 1, 2017
By Iris Barker

India will give out cash to fight poverty

Financial help to poor Indian population could almost eradicate poverty in the country, but it will cost between 4% and 5% of GDP, said the country's government report.
Published on January 31, 2017
By Iris Barker

Lyft outstrips Uber thanks to Donald Trump

Internet campaign #deleteUber, which unfolded over the weekend, has yielded its first fruits. Mobile taxi service Uber began to actively lose customers, and for the first time its rival companyโ€ฆ
Published on January 31, 2017
By Iris Barker

United States recorded a sharp increase in number of identity thefts

2016 brought a record number of cases of mass identity theft in the US - 1093. This is 40% higher than a year earlier.
Published on January 30, 2017
By Iris Barker

Japan is gripped by a flow of migrant workers

Japan continues to be popular among in migrant workers. In October last year, more than a million foreigners chose this country, and decided to work there โ€“ this number isโ€ฆ
Published on January 30, 2017
By Iris Barker

Steinmeier leaves Foreign Ministry of Germany

Frank-Walter Steinmeier has resigned from his post as head of the German Foreign Ministry. Sigmar Gabriel, former Economy Minister and vice-chancellor of Germany was appointed his successor.
Published on January 27, 2017
By Iris Barker

Volume of Chinese investment in Europe jumped in 2016

Consulting company EY said that Chinese investment in European companies almost tripled in 2016, growing to $ 85.8 billion. Germany has received especially generous cash flow as investments in theโ€ฆ
Published on January 27, 2017
By Iris Barker

Swiss luxury watch sales are experiencing a crisis

Swiss watch exports fell by 9.9% in 2016, which was the worst figure since 2009, when the world global financial crisis erupted. In Hong Kong - the main sales marketโ€ฆ
Published on January 26, 2017
By Iris Barker

Twelve pioneers of Dow Jones Industrial

Dow Jones Industrial Average rose 155.80 points, or 0.8%, and stood at 20,068.51 at the close of trading. This became possible largely thanks to Boeing Co. and Caterpillar Inc., whichโ€ฆ
Published on January 26, 2017
By Iris Barker

The Eurogroup will decide on fate of Greece’s debt

At the meeting of 26 January Eurogroup is going discuss Greeceโ€™s progress on its way to economic recovery. At the meeting, the ministers will talk over all possible risks thatโ€ฆ
Published on January 25, 2017
By Iris Barker

Johnson & Johnson, Phillips, DuPont reported 2016 results

The reporting period for the S & P 500 companies is in full swing. Johnson & Johnson, Phillips and DuPont have already submitted their reports this week. Let's see whatโ€ฆ
Published on January 24, 2017
By Iris Barker

Leading manufacturers move forward with the New Plastics Economy

By 2050, there will be more plastic in the ocean than fish, says joint study of the World Economic Forum, Ellen MacArthur Foundation and consulting firm McKinsey. The new jointโ€ฆ
Published on January 24, 2017
By Iris Barker

China and India to trim demand for oil in 2017

Major oil-producing countries are expecting that price for petroleum will grow due to decrease in production, yet decline in dynamics of supplies to China and India can disrupt these plans.
Published on January 23, 2017
By Iris Barker

Bank of Cyprus demonstrates its confidence in London after Brexit

Four years ago, Bank of Cyprus was forced to convert deposits into shares for the sake of salvation. Last week, it placed shares on the London Stock Exchange. The bankโ€™sโ€ฆ
Published on January 23, 2017
By Iris Barker

Drought in Brazil throws the coffee market into a panic

Coffee futures are rapidly becoming more expensive due to decline in production of the world's largest exporters and reducing stocks of grains. The best part of your morning may soonโ€ฆ
Published on January 20, 2017
By Iris Barker

Why does Italy criticize the EU

Italian Finance Minister Pier Carlo Padoan criticized the European Commission for creation of problems for all European countries. According to the official, Brussels "lacks vision", and is responsible for flourishingโ€ฆ
Published on January 19, 2017
By Iris Barker

Obama hopes for quiet and peaceful life

After the end of his term, Barack Obama plans to spend some time in a relaxed atmosphere and contribute time to writing. He also intends to leave a space forโ€ฆ
Published on January 19, 2017
By Iris Barker

Saudi Aramco: Don’t downplay importance of hydrocarbons

Amin Nasser, CEO of Saudi Aramco, said that the majority of forecasts are suggesting preservation of growth in demand for oil and gas for decades, while share of electric carsโ€ฆ
Published on January 18, 2017
By Iris Barker

Nine facts about the World Economic Forum

History of WEF stems from January 1971, when Professor Klaus Schwab of University of Geneva in Switzerland for the first time brought together business leaders and politicians to discuss prospectsโ€ฆ
Published on January 18, 2017
By Iris Barker

Hyundai and GM are ready to invest in the U.S.

Hyundai Motor automaker declared its intention to invest $ 3.1 billion in existing manufacturing facilities in the United States. The company is also considering a possibility to build a newโ€ฆ
Published on January 17, 2017
By Iris Barker

Ryanair edges out Lufthansa Group in the largest European airlines rating

For the first time, a low-cost carrier became Europe's largest airline by number of passengers. According to ICAO data, in 2016 share of low-cost airlines has reached 28% in totalโ€ฆ
Published on January 17, 2017
By Iris Barker

Saudis: there will be no need to extend the oil freeze agreement

Members of OPEC and oil producers outside the cartel will probably not be required to extend the oil freeze deal for the period after June, as growth in demand andโ€ฆ
Published on January 16, 2017
By Iris Barker

Luxottica and Essilor: โ‚ฌ 46 billion-worth merger

January 16, Essilor and Delfin companies announced signing of a merger agreement between Essilor and Luxottica Group. This is stated in Essilorโ€™s press release.
Published on January 16, 2017
By Iris Barker

Argentina will receive $ 6 billion from foreign banks

Argentinian Government agreed with a group of six foreign banks on loans for total amount of $ 6 billion for a period of 18 months, said the countryโ€™s Finance Ministerโ€ฆ
Published on January 13, 2017
By Iris Barker

American business giants start reporting on Q4, experts predict positive results

Another corporate reporting season kicks off in the United States this week. During time, the largest public companies will be revealing their financial results for the fourth quarter of 2016,โ€ฆ
Published on January 13, 2017
By Iris Barker

McDonaldโ€™s to shake off its Japanese business

American corporation McDonald's, the world's largest fast food restaurant chain, started to accept offers for a large share of its Japanese unit.
Published on January 12, 2017
By Iris Barker

The most innovative companies of 2016

BCG published a new study called "The Most Innovative Companies 2016: Getting Past "Not Invented Here". The paper suggests that companies increasingly need to find a balance between internal andโ€ฆ
Published on January 12, 2017
By Iris Barker

Tesla poaches another Apple’s professional

Chris Lattner, creator of programming language Swift, decided to leave Apple after 12 years with the company. Lattner was the first to tell about it, and soon welcome letter forโ€ฆ
Published on January 11, 2017
By Iris Barker

Seven signs that electric cars gain traction

Leaders and neophytes of global automotive industry have realized that future belongs to electric motors, and are boosting historical transition to the new technology.
Published on January 11, 2017
By Iris Barker

L’Oreal to buy three cosmetic brands from Canadian Valeant

Canadian pharmaceutical company Valeant will sell three its cosmetics brand to L'Oreal for $ 1.3 billion, Bloomberg reported, citing the statement of the French cosmetics and perfumes manufacturer.
Published on January 10, 2017
By Iris Barker

IPO volume in China can grow to six-year high

In 2017, IPO fundraising in China is expected to reach its highest level in six years, as the government is turning to the stock market to help companies reduce debt,โ€ฆ
Published on January 10, 2017
By Iris Barker
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