Iris Barker
World & Politics
Facebook, Twitter and Instagram helped the US government track protesters
During the last five years, analyst firm Geofeedia has had access to information about users of Facebook, Twitter and Instagram. All this time, the company has sold obtained information toโฆ
Published on October 12, 2016
By Iris Barker
Business & Finance
Papers of Apple rose thanks to Samsung’s failure
Shares of Apple have updated yearly high after the companyโs main competitor in the smartphone market, Samsung Electronics corporation, announced termination of production and sales of the flagship model Galaxyโฆ
Published on October 11, 2016
By Iris Barker
Economics
Norway to increase spending of sovereign wealth fund by 10% in 2017
For the first time in 25 years, Norway can get a shortfall budget. The authorities decided to withdraw money from the wealth fund. Their plans also include reduction the taxโฆ
Published on October 11, 2016
By Iris Barker
Economics
The Nobel committee names Nobel economics prize winners
Nobel winners in Economics in 2016 became Oliver Hart and Bengt Holmstrรถm "for their contribution to the development of the theory of contracts", announced the Swedish Royal Academy of Sciences.โฆ
Published on October 10, 2016
By Iris Barker
Business & Finance
Is the US property market ready to collapse?
Real estate market in major metropolitan areas such as New York and San Francisco is sinking down, the US media mentioned several times.
Published on October 10, 2016
By Iris Barker
Economics
Stiglitz: the Eurozone is not working
According to Joseph Stiglitz, one of the greatest economists of the world, there is a collapse waiting for the European Monetary Union. The Nobel laureate said that the euro zoneโฆ
Published on October 7, 2016
By Iris Barker
Economics
Automated trading systems could cause a sharp drop of the British currency
This morning, the British pound has experienced a sharp drop of more than 6%, which immediately caused panic on the stock exchanges. However then, the pound almost completely restored toโฆ
Published on October 7, 2016
By Iris Barker
Management
US business schools are losing students
Two-year MBA courses are the most common way to obtain a master's degree in the United States. However, in 2016, their popularity is declining, says Graduate Management Admission Council (GMAC),โฆ
Published on October 6, 2016
By Iris Barker
Business & Finance
IBM invests $ 200 million in the Internet of Things
IBM invests more than $ 200 million in opening of a new global headquarters for a business unit called Watson Internet of Things (IoT) in Munich. Watson IoT develops newโฆ
Published on October 6, 2016
By Iris Barker
Science & Technology
Brexit will help Britain become a biotech R&D center
Brexit can become a great opportunity for the UK to realize their potential of local science, particularly biotechnology. Now, the development is largely prevented by the European Union limits, butโฆ
Published on October 5, 2016
By Iris Barker
World & Politics
A little-known company discovered a major oil field in Alaska
A little-known energy company Caelus Energy announced discovery of a major offshore oil field in Alaska.
Published on October 5, 2016
By Iris Barker
Economics
British pound fell to an absolute minimum by Bloomberg
The pound sterling fell sharply to other world currencies after statement of the British Prime Minister Theresa May of imminent launch of the EU exit procedure. Bloomberg index, tracks changesโฆ
Published on October 3, 2016
By Iris Barker
Business & Finance
Tesla Motors set a sales record in the III quarter
In the III quarter, American carmaker Tesla Motors Co. sold 24.5 thousand electric vehicles, which is 70% more than in the II quarter, and twice more than in the IIIโฆ
Published on October 3, 2016
By Iris Barker
Economics
Japan could mistakenly record recession
Japan began to review data on GDP growth because of rising concerns about the informationโs inaccuracy. In particular, data for 2014 may have been grossly underestimated, according to a reportโฆ
Published on September 30, 2016
By Iris Barker
Business & Finance
Deutsche Bank is increasingly resembling Lehman Brothers
Eight years ago, the markets were in panic as Lehman Brothers collapsed. Now, there is a real threat of a repeat, only this time with participation of the largest Germanโฆ
Published on September 30, 2016
By Iris Barker
Business & Finance
Wal-Mart to invest in Indian online retailer Flipkart
The world's largest retailer Wal-Mart Stores is negotiating with Flipkart, the largest Internet company in India, according to a source familiar with the situation. If the parties agree on cooperation,โฆ
Published on September 29, 2016
By Iris Barker
Economics
JASTA brought down Saudi Arabia’s stock exchange
Saudi Arabia has planned to raise $ 10-15 billion in international financial markets to finance the countryโs living. However, the new law adopted in the United States could complicate thoseโฆ
Published on September 29, 2016
By Iris Barker
Economics
RBS to pay $ 1.1 billion to the US regulator
Royal Bank of Scotland (RBS) will pay $ 1.1 billion to settle claims of the US National Credit Union Administration (NCUA), according to Reuters.
Published on September 28, 2016
By Iris Barker
Business & Finance
Longstanding quarrel of Boeing and Airbus ends up as the US wins
Airbus Corporation has received billions of dollars in subsidies from the European Union. In 2011, the EU has not fulfilled an order of the World Trade Organization (WTO) to returnโฆ
Published on September 27, 2016
By Iris Barker
Business & Finance
Uber to expand UberEats globally
UberEats meal delivery service is planning to actively expand international presence. Uber posted job ads on its website and on Internet recruiting resources. The company is hiring various employees, fromโฆ
Published on September 27, 2016
By Iris Barker
Business & Finance
Pfizer abandoned its business division plans
American pharmaceutical company Pfizer Inc. decided not to divide the business into two independent structures in the near future.
Published on September 26, 2016
By Iris Barker
Economics
Bank of America: Price war in the oil market is meaningless
Price wars, led by OPEC and the US to bring down the prices of raw materials on the world market, have lost relevance, said analysts of Bank of America Merrillโฆ
Published on September 26, 2016
By Iris Barker
Business & Finance
Senators demand that John Stumpf of Wells Fargo resigns
Senate Banking Committee hasnโt had such a stormy session since the 2008 crisis, notes WSJ and Bloomberg. John Stumpf, Head of Wells Fargo, got attacked by both Democrats and Republicans.โฆ
Published on September 23, 2016
By Iris Barker
Business & Finance
Commerzbank will dismiss 5000 employees
Commerzbank is considering possibility of cutting at least 5 thousand jobs, or more than 10% of the total headcount.
Published on September 23, 2016
By Iris Barker
Science & Technology
Pokemon Go is knocked off the throne
Popular game Pokemon Go lost first place in American AppStore, writes the WSJ. The game hold this place for 74 days, and eventually got dumped by Clash Royale of Finnishโฆ
Published on September 22, 2016
By Iris Barker
World & Politics
India is ready to buy French-made Rafale fighter jets
On Friday, French defense minister Jean-Yves Le Drian is arriving in New Delhi to put his signature under a contract for delivery of 36 Rafale fighter jets for the Indianโฆ
Published on September 22, 2016
By Iris Barker
Management
Tony Blair: From business to charity
Former British Prime Minister Tony Blair said he is going to shut down his consulting business Tony Blair Associates and related venture capital structures Firerush and Windrush.
Published on September 21, 2016
By Iris Barker
World & Politics
10 best countries for social entrepreneurship
Social entrepreneurship is gaining momentum around the world, and many experts are confirming that this sector is growing. Nevertheless, activities of social entrepreneurs remain a mystery for most people, which,โฆ
Published on September 21, 2016
By Iris Barker
Business & Finance
Profitability of investment banks can reach 30% in the near future
Investment banks may cut costs even more with electronic trading platforms for transactions, and transfer more operations on digital platforms that are in common use. Cloud technology and artificial intelligenceโฆ
Published on September 20, 2016
By Iris Barker
Business & Finance
China created a rival to ArcelorMittal
Chinese steelmakers Baosteel Iron and Steel, Wuhan Iron and Steel today announced their merger, which will be carried out through an exchange of shares. As a result, the market willโฆ
Published on September 20, 2016
By Iris Barker
Economics
Analytics: Excess of oil may increase
Reduction of investment in oil production has been lasting for already two years. In the future, it may lead to a significant shortage of oil on the market, warned theโฆ
Published on September 19, 2016
By Iris Barker
Economics
Risk of a banking crisis in China hit a record high
China may face a crisis of large volume of credits, issued by banks to the corporate sector. This is stated in a new quarterly report of the Bank for Internationalโฆ
Published on September 19, 2016
By Iris Barker
Economics
The EU may issue stocks of defense companies
European Commissioner for Single Market, Industry and Entrepreneurship Elลผbieta Bieลkowska said that the European Commission will propose to issue joint stocks of European defense industry companies in September this year,โฆ
Published on September 16, 2016
By Iris Barker
Economics
Brexit knocked down the UK mortgage market
Volume of mortgage lending in the UK by the end of July decreased by 12% compared to the same period last year. This is evidenced by the UK Council ofโฆ
Published on September 15, 2016
By Iris Barker
Business & Finance
Siemens to invests $ 5.6 billion in Argentina
German industrial conglomerate Siemens AG has signed an agreement of intent to participate in Argentinian transport, energy and infrastructure projects in the amount of $ 5.6 billion. This was announcedโฆ
Published on September 15, 2016
By Iris Barker
Science & Technology
Why did Galaxy Note 7 explode?
Samsung is still trying to deal with consequences of the incident with spontaneous explosions of Galaxy Note 7 phablet. The devices are being recalled from the shelves, and those, whoโฆ
Published on September 14, 2016
By Iris Barker
Business & Finance
Video sharing services in Europe will be obliged to increase payments to copyright holders
Forthcoming reform of European copyright legislation will make video hosting websites pay greater contributions to musicians and record companies.
Published on September 14, 2016
By Iris Barker
World & Politics
The EU will reduce energy consumption by 30% before 2030
European regulators want to oblige EU member states to reduce energy consumption by 30% by 2030, reported British media.
Published on September 13, 2016
By Iris Barker
Economics
Saudi Arabia is now leading the world’s oil production
Saudi Arabia elbowed the United States from position of the largest oil-producing country in the world, says report of the International Energy Agency. Expected balance of global oil market hasโฆ
Published on September 13, 2016
By Iris Barker
World & Politics
EU will equate Skype and WhatsApp to telcos
The European Commission adopted new rules governing operation of various instant messengers and online voice and video services, such as Skype, WhatsApp and Viber. These rules can be submitted asโฆ
Published on September 12, 2016
By Iris Barker
Business & Finance
Net loss of Tata Steel increased tenfold
Indian Steel group Tata Steel Ltd. increased its net loss in the I fiscal quarter tenfold as a result of lower demand and losses related to business in the UK.
Published on September 12, 2016
By Iris Barker
Business & Finance
Barclays held the world’s first real blockchain deal
A deal between Irish manufacturer of dairy products Ornua and Seychelles Trading Company with help of blockchain technology took less than four hours. Traditionally, this process takes seven to tenโฆ
Published on September 9, 2016
By Iris Barker
Business & Finance
Goldman Sachs is giving away its closely guarded software
During many years, Goldman Sachs has been guarding its software Securities DataBase (SecDB) from competitors. but now it has opened access to its customers.
Published on September 9, 2016
By Iris Barker
Business & Finance
Dell and EMC closed the largest IT-merger in history
Dell Inc. announced closing of purchase of EMC for $ 67 billion. Thus, the largest merger in the history of high-tech industry has been sealed. Private technology company Dell Technologiesโฆ
Published on September 8, 2016
By Iris Barker
Economics
Two leading banks improved outlook on Brexit consequences
Economists from Credit Suisse and Morgan Stanley improved growth forecast for 2016 and 2017. They abandoned their expectations of recession, but experts still believe that the decision on Brexit willโฆ
Published on September 7, 2016
By Iris Barker
Business & Finance
Volkswagen to produce electric vehicles in China
German carmaker Volkswagen AG signed a protocol of intent with China's Anhui Jianghuai Automobile Co. (JAC), on production of electric vehicles in China.
Published on September 7, 2016
By Iris Barker
World & Politics
Five wealthiest writers of 2016
Many people dream about becoming a writer and publishing at least one book. Some of them converted writerโs craft into the main source of stable income. Here are the topโฆ
Published on September 6, 2016
By Iris Barker
Business & Finance
Statoil to buy a stake in Tullow Oil off the Norwegian coast
The Norwegian oil company Statoil announced an agreement with British Tullow Oil to buy a stake in four licenses for oil drilling off the coast of Norway, including a 20%โฆ
Published on September 6, 2016
By Iris Barker
Economics
Capgemini: Quantitative easing creates new millionaires
Fresh publication of Cap Geminiโs "World Wealth Report" showed surprising consequences of the world's central banksโ quantitative easing in 2015. Number of millionaires in the world has increased not onlyโฆ
Published on September 5, 2016
By Iris Barker
Business & Finance
Market of VR-devices is growing faster than forecasted
The market of virtual reality devices is developing more quickly than expected, say experts of research firm CCS Insight. 14.5 million VR-headsets for smartphones are expected to be sold thisโฆ
Published on September 5, 2016
By Iris Barker
