
Iris Barker
Business & Finance
HP Enterprise is selling its software development division
American technology company Hewlett Packard Enterprise wants to sell its software development division. According to sources, the company hopes to gain $ 8-10 billion. List of the potential buyers consistsโฆ
Published on September 2, 2016
By Iris Barker
World & Politics
Qatar and Kuwait to spend $ 7 billion on American jet fighters
US is preparing to sell 64 Boeing jet fighters to Qatar and Kuwait for $ 7 billion, Reuters reported with reference to several informed sources. The main obstacle for sealingโฆ
Published on September 2, 2016
By Iris Barker
Management
Eight hundred of US companies may be advised to renew their board of directors
Googleโs parent company Alphabet and Warren Buffettโs Berkshire Hathaway may be the first among more than 800 US companies to renew their board of directors, taking into account new recommendationsโฆ
Published on September 1, 2016
By Iris Barker
Business & Finance
Apple is pressing hardware suppliers for discounts
Demand for iPhone is falling, so Apple is forced to take cost-cutting measures. The company asked its Asian partners โ manufacturers of hardware - for discounts, according to Wall-Street Journal.โฆ
Published on September 1, 2016
By Iris Barker
Science & Technology
Amazon introduces Dash Button in Europe
Project Dash Buttons, introduced in April 2016, is now launched in Europe. The โmagicโ buttons will appear in three countries: the UK, Germany and Austria. Prior to this, the serviceโฆ
Published on August 31, 2016
By Iris Barker
Business & Finance
Alphabet to launch its own car sharing project
Google is going to launch its own car sharing project Waze on San Francisco roads in the autumn. The new service may well become a competitor for Uber, which, byโฆ
Published on August 31, 2016
By Iris Barker
Economics
Credit Suisse: Singapore is losing export potential
Singapore is losing its export competitiveness to other Asian economies - Vietnam, the Philippines and China. This conclusion is contained in a report released by Swiss bank Credit Suisse.
Published on August 29, 2016
By Iris Barker
World & Politics
Germany: TTIP negotiations failed
Negotiations on The Transatlantic Trade and Investment Partnership (TTIP) between the US and the European Union have failed. This was told by the Minister of Economy of Germany, Sigmar Gabriel.
Published on August 29, 2016
By Iris Barker
Science & Technology
Why Deutsche Post invested in electric cars
DHL goes electric in Germany. The delivery agent is going to re-equip its fleet of commercial vehicles with help of a startup based at a technical university.
Published on August 26, 2016
By Iris Barker
Business & Finance
Volkswagen to settle argument with the US car dealers
Most diesel passenger cars made by Volkswagen cannot be upgraded to full compliance with environmental standards for US vehicles. However, some trucks can be adjusted to the standard, said theโฆ
Published on August 26, 2016
By Iris Barker
World & Politics
France and Germany demand to disclose private conversations in messengers
France and Germany are demanding that European Commission adopts a law that would oblige messengers cooperate with secret services, and provide information about private correspondence of users. This, according toโฆ
Published on August 25, 2016
By Iris Barker
Business & Finance
Newspapers and books are more profitable than technologies
Even though high-tech is rapidly developing today, itโs high time to invest in printed newspapers and books. Over the past five years, MSCI World Technology Information, currently unites quotes ofโฆ
Published on August 25, 2016
By Iris Barker
Business & Finance
Elon Musk and cousins to buy up 80% of SolarCity
Elon Musk and his cousins will buy 80% of issued SolarCity bonds worth $ 65 million and $ 17.5, respectively, of the total emission of $ 124 million, it followsโฆ
Published on August 24, 2016
By Iris Barker
Business & Finance
Asia surpassed North America in fintech investments
Asian fintech sector for the first time surpassed the North American in terms of attracting investment. Asian companies, of which 90% were Chinese, attracted nearly $ 10 billion during sevenโฆ
Published on August 24, 2016
By Iris Barker
Science & Technology
Mobileye and Delphi to create a uniform system for self-driving cars
Two major auto manufacturer Mobileye and Delphi have agreed to join forces to create a unified system of unmanned driving. The companies expect that all the automakers will be ableโฆ
Published on August 23, 2016
By Iris Barker
Economics
Swiss watch exports continues to fall
Federation of the Swiss watch industry has recorded the thirteenth consecutive monthly decline in exports. In July, exports totaled 1.6 billion Swiss francs, which is 14.2% lower than a yearโฆ
Published on August 23, 2016
By Iris Barker
Economics
German exports to Iran increased after lifting of sanctions
Germany increased its exports to Iran in the first half of 2016 by 15% compared to the same period last year. Total figure amounted to โฌ 1.13 billion, according toโฆ
Published on August 22, 2016
By Iris Barker
Business & Finance
Pfizer buys Medivation for $ 14 billion
American pharmaceutical company Pfizer Inc. is going to buy biotech company Medivation Inc., specializes in development of anti-cancer drugs, for $ 14 billion.
Published on August 22, 2016
By Iris Barker
Economics
M&A deals of US banks peaked heights of 2009
US regulators have introduced a set of rules to avoid collapse of systemically important credit institutions. However, smaller banks have to merge to cope with costs of meeting these requirements.
Published on August 19, 2016
By Iris Barker
World & Politics
What stops India from being an Olympic champion?
Former FIFA President Sepp Blatter once called India a "sleeping giant". The country takes 150th place in the ranking of the world teams, which is clearly not suitable for aโฆ
Published on August 19, 2016
By Iris Barker
World & Politics
Top 5 best cities to live in 2016
Economistโs Intelligence Unit has made a rating of best cities to live in. This is Global Liveability Ranking, which evaluates 140 cities around the world in five categories. Six citiesโฆ
Published on August 18, 2016
By Iris Barker
Management
VW will shorten work shifts of 10 000 employees
German automaker Volkswagen will shorten working time of 10 thousand employees at the company's plant in Wolfsburg, reports Reuters referring to a source close to the company.
Published on August 18, 2016
By Iris Barker
Business & Finance
Rio 2016 sponsors scaled back their marketing activities
Promotional activity of large companies, which have traditionally been Olympic sponsors, is barely visible at the Olympic Games in Rio de Janeiro. There are no buses, painted in the colorsโฆ
Published on August 17, 2016
By Iris Barker
Economics
Norway revs up oil production
Oil production in Norway in July 2016 increased to a record volume for the last five years, exceeding forecasts of experts, said the Norwegian Petroleum Directorate (NPD).
Published on August 16, 2016
By Iris Barker
Economics
European banks are going all cash
European banks and insurance companies are considering custody of money reserves in cash as more financially justifiable in terms of further rate cuts, writes Financial Times. If the worldโs financialโฆ
Published on August 16, 2016
By Iris Barker
Management
Two mistakes of Apple’s CEO
Appleโs CEO Tim Cook told about two biggest mistakes corporations during his work as the companyโs in an interview with The Washington Post. According to him, the company should notโฆ
Published on August 15, 2016
By Iris Barker
Business & Finance
Airbus faces investigation in the US
According to experts, the European aerospace corporation Airbus could face investigation in the United States. Earlier, British authorities launched a similar investigation on suspicion of fraud, bribery and corruption. Theโฆ
Published on August 15, 2016
By Iris Barker
Economics
Three major US indices set records for the first time since 1999
Major US stock indices S&P 500, Dow Jones and NASDAQ synchronously reached historic highs during trading on August 11. Last time this happened in 1999.
Published on August 12, 2016
By Iris Barker
World & Politics
Shanghai Disneyland received more than 1 million visitors in less than two months
More than 1 million people visited Shanghai Disneyland in less than two months of the parkโs work.
Published on August 12, 2016
By Iris Barker
Business & Finance
Mobile segment grows Alibaba’s income
Despite concerns about slowing economic growth in China, in June Alibaba company showed 18%-growth in the number of active buyers, compared with 434 million people in the previous year. Theโฆ
Published on August 11, 2016
By Iris Barker
Economics
Americans owe $ 12.3 trillion
In the second quarter of the year, debt of the US population increased by $ 35 billion to $ 12.3 trillion. Such a growth was triggered by Fedโs low interestโฆ
Published on August 11, 2016
By Iris Barker
Management
Wealth-X: most of the world’s billionaires are self-made
Combined wealth of the world's billionaires grew to nearly $ 7.7 trillion, as estimated by Wealth-X experts. Mostly, billionaires live in Europe, and their number is fastest-growing in Asia.
Published on August 10, 2016
By Iris Barker
Economics
The EU announced fiscal targets for Spain and Portugal
EU authorities have established new fiscal targets for Spain and Portugal after cancellation of penalties to these countries for the failure of budgetary obligations.
Published on August 10, 2016
By Iris Barker
Business & Finance
US Marshals Service arranges a grandiose Bitcoin auction
US Marshals Service put on auction 2719 Bitcoins, confiscated in several criminal cases. The total value of items may exceed $ 1.6 million.
Published on August 9, 2016
By Iris Barker
Business & Finance
Atlante Fund to buy out bad loans of Monte dei Paschi
Atlante fund, designed to rescue Italian banks, has attracted about 1.6 billion euro ($ 1.8 billion) to further purchase "bad" loan portfolio Banca Monte dei Paschi di Siena (BMPS), reportsโฆ
Published on August 9, 2016
By Iris Barker
World & Politics
Trump comes up with a team of billionaires to advise him
Donald Trump introduced his team of advisors on the economy. The US presidential candidate will be advised by 13 men, whose average income is at least "hundreds of millions ofโฆ
Published on August 8, 2016
By Iris Barker
Economics
Recession, corruption, Zika virus do not scare investors in Brazil
Brazil now is full of problems: the economy is in recession, high-ranking officials proved involved in the corruption scandal around Petrobras, President was barred from the office, Zika virus epidemicโฆ
Published on August 8, 2016
By Iris Barker
Business & Finance
Chinese hi-tech is chasing the US
In recent decades, the United States have admittedly been a global technology leader. Now, however, China is reducing the backlog in many industries - from drones and electric vehicles toโฆ
Published on August 5, 2016
By Iris Barker
Economics
Export of Scotch whisky rebounded after Brexit
Manufacturers and sellers of Scotch whisky recorded growth of export sales. This was facilitated by depreciation of the pound against the background of the Brexit referendumโs results and decision ofโฆ
Published on August 5, 2016
By Iris Barker
Business & Finance
Fannie Mae’s profit dropped thanks to low rates in the US
Mortgage agency Fannie Mae will transfer $ 2.9 billion in dividends to the US treasury in September 2016. Meanwhile, the agencyโs revenue and profit in II quarter have declined, whichโฆ
Published on August 4, 2016
By Iris Barker
Business & Finance
Semi-annual loss of Tesla Motors grew by 70%
Net loss of Tesla Motors in January-June 2016 amounted to $ 575,455,000, which is approximately 70% higher than losses of the first half of 2015 ($ 338.4 million) according toโฆ
Published on August 4, 2016
By Iris Barker
World & Politics
Europe is tightening security
London authorities have decided to intensify police patrols due to the increased threat of terrorist attacks in Europe. Germany is taking a similar move and introducing military patrols for theโฆ
Published on August 3, 2016
By Iris Barker
Business & Finance
Weeklong strike deprived Air France of โฌ 90 million
Strike of Air Franceโs flight attendants, which lasted from July 27 to August 2, brought losses of โฌ 90 million to the airline. This was told by President and CEOโฆ
Published on August 3, 2016
By Iris Barker
Business & Finance
McDonald’s takes up healthy living
McDonalds has decided to get rid of artificial preservatives in meals such as Chicken McNuggets, sausages, omelets, as well as in breakfast sandwiches.
Published on August 2, 2016
By Iris Barker
Business & Finance
US mobile communications market finished war for clients
The price war on the US mobile phone market stopped. After years of price reduction and shocking marketing offers, four of the countryโs largest operator published results for the IIโฆ
Published on August 2, 2016
By Iris Barker
World & Politics
London may discard a French-Chinese nuclear power plant
The British government, led by Prime Minister Theresa May, announced a decision to postpone approval of a project on construction of Hinkley Point C nuclear power plant until the autumn.
Published on August 1, 2016
By Iris Barker
Business & Finance
AB InBev increased purchase price for SABMiller
Board of Directors of brewer SABMiller approved a purchase proposal with increased costs from Anheuser-Busch (AB) InBev. Thus, the main obstacle on the way to merger of the two brewingโฆ
Published on August 1, 2016
By Iris Barker
Business & Finance
Exxon Mobil reduced profits, Chevron at a loss
In the II quarter of 2016, the worldโs and US largest oil company Exxon Mobil Corp. reduced net profit by 59% due to the continued low commodity prices and deterioratingโฆ
Published on July 29, 2016
By Iris Barker
Economics
Why investors see zinc as a new precious metal
From the beginning of the year, price for zinc increased by more than 40%, becoming the fastest growing in the non-ferrous metal segment. The investors' interest is fueled by concernsโฆ
Published on July 29, 2016
By Iris Barker
World & Politics
Merkel questioned her political future
German Chancellor Angela Merkel did not respond to journalists' questions about whether she will run again for the post, Deutsche Welle reported on Thursday, July 28th.
Published on July 28, 2016
By Iris Barker