Iris Barker
Economics
Pokemon Go, the new oil energy sink
The world is catching Pokemons, and economists and analysts are calculating the game’s impact on the economy. Do you know how much energy is consumed by one Pokemon Go player?
Published on July 28, 2016
By Iris Barker
Economics
Vatican and the Bank of Italy signed a key agreement
Vatican and the Bank of Italy have signed a key agreement on cooperation aimed at regulating their relations after years of Italy’s mistrust to Vatican’s financial affairs.
Published on July 27, 2016
By Iris Barker
Business & Finance
Deutsche Bank’s profit fell by almost 100%
Today, one of the leading banks of the world financial system, Deutsche Bank, reported a fall of its quarterly earnings by 98% to € 20 million. This sharp drop in…
Published on July 27, 2016
By Iris Barker
Science & Technology
Tesla and SolarCity are on the threshold of merger
Tesla and SolarCity, engaged in solar power, have got closer to their merger, writes Reuters. At the same time, according to the publication, the negotiations still face a risk to…
Published on July 26, 2016
By Iris Barker
Economics
Oil exporters and their struggle with crisis
At first glance, decision of Nigeria to move to a floating exchange rate last month, and announcement of a merger of two UAE banks have little in common.
Published on July 26, 2016
By Iris Barker
Business & Finance
India to create an oil giant
The Government of India is considering a merger of 13 state-owned oil companies.
Published on July 25, 2016
By Iris Barker
Economics
G20 financiers are ready to combat Brexit consequences
Key economic regulators assessed the UK’s exit from the EU as the most significant threat to the global economy’s growth since the crisis of 2008-2009. This follows from the statement…
Published on July 25, 2016
By Iris Barker
Business & Finance
Apple Watch sales decreased by 55%
For the first time in history, the market of smartwatches fell in the II quarter 2016 yoy due to a sharp drop in sales of Apple Watch, according to preliminary…
Published on July 22, 2016
By Iris Barker
World & Politics
EU approved Monsanto’s GMO beans
EU officials have approved a new variety of genetically modified soybean, developed by US agricultural company Monsanto.
Published on July 22, 2016
By Iris Barker
Economics
The EU is ready to recognize China as a market economy
The European Commission (EC) is developing a plan on recognition China as a market economy, but only if the country’s government abolishes anti-dumping duties and significant reduces excess capacity in…
Published on July 21, 2016
By Iris Barker
Economics
Where millionaires live: top 10 countries
Four countries of the world are home for more than 60% of total number of millionaires in the world (HNWI, high-net-worth individual) according to World Wealth Report by Capgemini Consulting.A…
Published on July 20, 2016
By Iris Barker
Business & Finance
Yahoo! doubled expenses and reduced income in the first half of 2016
Yahoo! disappointed investors once again. The company lost $ 536 million in the first six months of 2016 against a profit of $ 2.984 million for the same period a…
Published on July 20, 2016
By Iris Barker
Management
EU trucks cartel fined €3 billion over price ring
The five largest manufacturers of trucks - Iveco, DAF, Volvo/Renault, Daimler and MAN - agreed to fix the prices of their cars, and together prevent introduction of technology to reduce…
Published on July 19, 2016
By Iris Barker
Economics
Revenues from Arab oil exports fell by $ 24 billion
Exports of crude oil from Arab countries amounted to $ 50.4 billion in the I quarter of this year, local media reported.
Published on July 19, 2016
By Iris Barker
Economics
JPMorgan proposed a plan to rescue the Italian banks
Three months ago, when the banking problems in Italy resumed, it was decided to use Atlas financial assistance fund. However, this did not rectify the situation.
Published on July 18, 2016
By Iris Barker
Business & Finance
Samsung buys a stake in a Chinese manufacturer of electric cars
Samsung Electronics is in talks on buying a stake in Chinese manufacturer of electric cars BYD Co. The transaction’s amount has not been disclosed yet. This step is intended to…
Published on July 18, 2016
By Iris Barker
World & Politics
World’s Top 5 Airlines
A ceremony of awarding the best airlines in 2016 was held within the framework of the International Air Show in Farnborough (UK). The prize, which is considered ‘Oscar’ in the…
Published on July 15, 2016
By Iris Barker
Business & Finance
Pokémon breaks records
Pokémon Go won hearts of a little less than 21 million users in the US. Thus, the game beat Candy Crash Saga’s figure of 20 million and became the most…
Published on July 15, 2016
By Iris Barker
Business & Finance
The richest man in China decided to buy the oldest Hollywood studio
Dalian Wanda company, owned by China's richest man Wang Jianlin, entered into talks to buy 49% of the Hollywood film studio Paramount Pictures, according to The Wall Street Journal.
Published on July 14, 2016
By Iris Barker
Economics
Globalization: the world looks better without walls
Globalization is an unstoppable force, which inevitably makes the world more united. Now, however, it seems to be receding. Trade growth has not yet reached the pace that had been…
Published on July 14, 2016
By Iris Barker
Business & Finance
Google and LinkedIn to swap headquarters
Google has reached an agreement with the business social networking site LinkedIn on the exchange headquarters in the Californian city of Mountain View. It is reported by Silicon Valley Business…
Published on July 13, 2016
By Iris Barker
Business & Finance
Portugal appealed LSE and Deutsche Boerse’s merger
Portuguese authorities have appealed to the European Commission with a protest against the merger of the German group Deutsche Boerse and the London Stock Exchange.
Published on July 13, 2016
By Iris Barker
Business & Finance
Mercedes overtook BMW in the number of cars sold in the first half of 2016
For the first half of the year, Mercedes-Benz has overtaken BMW in the number of cars sold. The company's goal is to regain leadership in the segment of luxury cars,…
Published on July 12, 2016
By Iris Barker
Management
Top bankers’ salaries grew tenfold in 2015
JP Morgan Chase will increase minimum wage of 18 thousand lower rank employees. In numerical terms, it is $ 12-16,5 per hour, according to The Wall Street Journal citing a…
Published on July 12, 2016
By Iris Barker
Economics
Deutsche Bank asks for €150 billion-worth bailout
Problems of Italian banks, escalated after Brexit, are getting worse day by day. Bad debts of t360 billion can trigger a complete collapse of the banking sector. Now, however, Deutsche…
Published on July 11, 2016
By Iris Barker
World & Politics
Greek broadcasters: Our media freedom is in danger
Greek broadcasters have opposed a bill on establishment of the state agency for the sale of television advertising. The document is a front-office decision proposed by the country’s government. The…
Published on July 11, 2016
By Iris Barker
Science & Technology
Facebook announced “Secret Conversations”
Facebook begins testing encrypted chats in its Facebook Messenger. They will be referred as "Secret Conversations".
Published on July 8, 2016
By Iris Barker
World & Politics
Can Scotland be independent and join the EU?
Alex Salmond, a former leader of the Scottish National Party, proposed an interesting idea: maybe Scotland should be an heir of the British membership of the EU after Brexit is…
Published on July 8, 2016
By Iris Barker
Economics
US oil export hit record high while domestic production and reserves are falling
Exports of US crude oil reached record levels in almost 100 years. At the same time, production and reserves in the country are falling while Europe is purchasing more and…
Published on July 7, 2016
By Iris Barker
Business & Finance
Avast buys its competitor AVG for $ 1.3 billion
Avast Software company buys his Dutch rival AVG Technologies for $ 1.3 billion in cash to expand its presence in emerging markets, reports Reuters.
Published on July 7, 2016
By Iris Barker
Economics
Japan is losing money of retirees
Back in December 2014, when it became known that Japan was ready to risk hundreds of billions of Japanese pensions to promote and support the stock market, it became clear…
Published on July 6, 2016
By Iris Barker
Economics
Cuba rides a wave of popularity
Cuban direction became the fastest growing segment of the online booking service Airbnb in its history. A few months after the beginning of removal of the US sanctions against Cuba,…
Published on July 6, 2016
By Iris Barker
Business & Finance
Tesla failed to hit the delivery target again
Tesla Motors Inc. again failed to implement its plan of electric cars deliveries set in the II quarter. Instead of projected 17 thousand cars, the company has released only 14370,…
Published on July 5, 2016
By Iris Barker
World & Politics
France’s parliament called to reform the security services
Today, the French parliamentary commission, responsible for investigating the terrorist attacks in Paris, presented results of their work. The MPs concluded that weak interaction of various special services had become…
Published on July 5, 2016
By Iris Barker
Management
Nike’s founder is leaving the company
Nike company announced that its board chairman Phil Knight, thanks to whom the company has become one of the global leaders in the sporting goods market, is resigning. His place…
Published on July 1, 2016
By Iris Barker
Economics
EU cities are fighting for the financial center’s title
The first news about results of the UK’s voting on leaving the EU made London’s future as one of the world's major financial centers foggy. Officials from Paris, Frankfurt and…
Published on July 1, 2016
By Iris Barker
Business & Finance
Lyft for sale
Lyft, specializing in call drivers, hired investment bank Qatalyst Partners. The latter is known to help technology companies find buyers for their business, said sources familiar with the situation. According…
Published on June 30, 2016
By Iris Barker
Business & Finance
The world’s largest diamond couldn’t find a buyer
Sotheby's failed to sell the largest natural diamond found in more than 100 years.
Published on June 30, 2016
By Iris Barker
Business & Finance
Japanese Line to hold the year’s largest IPO in the IT sector
Japanese Line company, which messenger competes with WhatsApp, is preparing an initial public offering on two exchanges in Tokyo and New York. Market volatility that followed the British referendum on…
Published on June 29, 2016
By Iris Barker
Economics
Why Aramco’s IPO is a juicy contract for investment banks
When there was news that Saudi Arabia announced possible IPO of its state-owned oil company in January, the first reaction on Wall Street was a shock.
Published on June 29, 2016
By Iris Barker
World & Politics
What could possibly stop Brexit?
The United Kingdom voted in favor of leaving the European Union, which caused many questions. Is Brexit really going to happen? Who or what can stop it?
Published on June 28, 2016
By Iris Barker
Science & Technology
Panasonic’s multilingual universe
Japanese Panasonic Corporation is taking up computational linguistics, including speech recognition and synthesis, and automated translation, on the eve of the 2020 Olympic Games in Tokyo.
Published on June 28, 2016
By Iris Barker
Business & Finance
Two steelmaking giants to be restructurized in China
Two major Chinese steel companies included in the country’s top-100 rating today announced their restructuring plans. Details have not been disclosed, reports "Xinhua". At the same time, the United States…
Published on June 27, 2016
By Iris Barker
Economics
Nissan sued South Korea
The Japanese company Nissan filed a lawsuit against the Ministry of Environment of South Korea. According to the company’s representatives, the authorities has wrongly accused Nissan of cheating and understating…
Published on June 27, 2016
By Iris Barker
Economics
What Brexit has already done
Irish low-budget airline Ryanair has arranged sale of tickets to Europe, linked to the outcome of the referendum in the UK.
Published on June 24, 2016
By Iris Barker
Economics
OPEC’s revenue from oil exports fell to a six-year low
Yesterday, the Organization of Petroleum Exporting Countries (OPEC) has presented a report on situation in the oil production market at the end of 2015. The cartel said that revenues from…
Published on June 23, 2016
By Iris Barker
Business & Finance
Asia-Pacific is a new center of millionaires’ concentration
According to Capgemini, the number of rich people and their fortune in the region increased during 2015 by 9.4% and 9.9% respectively. At the end of 2014, North America managed…
Published on June 23, 2016
By Iris Barker
Science & Technology
How genetic engineering can affect the world economy
Not far off is the time when parents will choose what child they want to conceive. The genome editing technologies were originally to correct genes, causing the development of serious…
Published on June 22, 2016
By Iris Barker
Economics
M&A deals reached an eigth-year record
Last year's growth of cross-border mergers and acquisitions has increased global flows of foreign direct investment to $ 1.76 trillion. The index peaked since the financial crisis of 2008-2009., according…
Published on June 22, 2016
By Iris Barker
Economics
WTO: Protectionism is stifling the global economy
The Group of Twenty (G20) have introduced a record number of trade restrictive measures, according to the latest monitoring of the World Trade Organization (WTO).
Published on June 21, 2016
By Iris Barker
