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Iris Barker


Tesla Model 3 Will Receive Displays From LG

The South Korean company LG Display will supply information displays for the recently announced electric car Model 3 from Tesla Motors, according to Reuters.
Published on April 5, 2016
By Iris Barker

British Authorities Are Trying to Rescue Steelworkers

The UK authorities have officially confirmed their intention to intervene in the situation surrounding the sale and the possible closure of a number of British metallurgical enterprises owned by theโ€ฆ
Published on April 4, 2016
By Iris Barker

How Authorities of Different Countries Responded to ‘Panamagate’

Publication of an investigation on offshore companies in Panama has caused the first reaction of governments and the tax bodies. Tax authorities in Australia began checking more than 800 ofโ€ฆ
Published on April 4, 2016
By Iris Barker

Irish vs Finnish Economies: Why Celtic Tiger Won

Why Ireland and Finland are on opposite sides of the euro-zone growth? Because one of them found a way out of economic difficulties. The other, on the contrary, has becomeโ€ฆ
Published on April 1, 2016
By Iris Barker

Oppenheimer Blue Diamond To Be Sold at Record Price

The largest blue diamond ever put up for auction will be sold on May 18 at Christie's Geneva auction. According to preliminary estimates, the lot costs $ 38 - $โ€ฆ
Published on March 31, 2016
By Iris Barker

Saudi Aramco to Increase Production Despite Low Prices

Saudi Arabiaโ€™s state oil company will accelerate the development of large deposits of oil โ€˜Huraisโ€™ and will increase natural gas production by 2 times in the next 10 years. Thisโ€ฆ
Published on March 31, 2016
By Iris Barker

How to Get Promoted in China

In theory, Chinese officials get career increase depending on their progress on a number of key indicators: strong economic growth, social stability, and, until recently, the observance of one-child policy.
Published on March 30, 2016
By Iris Barker

The Gas War Between US and Canada

The US and Canada usually get together very well. The countries have strong trade relationship worth more than $ 2 billion a day; the US is the largest foreign investorโ€ฆ
Published on March 30, 2016
By Iris Barker

An Instagram Account Deciding on Fate of Captured ISIL Militants

Instagram account 'Iraqiswat provides its subscribers an opportunity to decide the fate of captured militants of "Islamic state". The account presumably belongs to a Shiite militias group fighting against theโ€ฆ
Published on March 29, 2016
By Iris Barker

India Is Ok With Current Oil Prices

Oil Minister of India said that the country is quite satisfied with the quotes at $ 45-50 per barrel. At these levels, local production brings a reasonable profit, and consumersโ€ฆ
Published on March 29, 2016
By Iris Barker

Norwegian Oil Fund Turns To Real Estate

Norwegian Oil Fund intends to increase investment in real estate. The largest sovereign fund in the world, which assets amount to about $ 830 billion, is seeking to improve itsโ€ฆ
Published on March 28, 2016
By Iris Barker

Study Found That Britons Work Longer, Yet Worse

The majority of British workers spend a lot of time at work, yet their productivity growth is either small or non-existent, according to the study, which results were published inโ€ฆ
Published on March 28, 2016
By Iris Barker

Congress Is Trying to Stop China’s Expansion in the US

China accelerated pace in buying US companies this year, and this begins to disturb the US lawmakers.
Published on March 25, 2016
By Iris Barker

Coca-Cola To Sell Manufacturing and Distribution in the US

Coca-Cola is looking for a new approach to the main issue of its business model: how to control the production and distribution without having to take them into possession.
Published on March 25, 2016
By Iris Barker

French Defence Ministry Is Preparing For Another Wave of Refugees

Hundreds of thousands of migrants from Libya are going to invade Europe, said French Defense Minister Jean-Yves Le Drian on the air at radio station "Europe 1".
Published on March 24, 2016
By Iris Barker

$15.5 Billion Against GBP

For the current year, Forex Market Players bet the pound to $ 15.5 billion. The sum is very large: in size, it corresponds to the GDP of Iceland.
Published on March 24, 2016
By Iris Barker

Analysts: New iPhone SE Is a Failure

Earlier this week, Apple introduced the new iPhone SE with 4-inch screen. The market gave to the novelty cold shoulder, to say the least. Some experts are prophesying to theโ€ฆ
Published on March 23, 2016
By Iris Barker

King: Germany Should Leave Eurozone

Germany had become too powerful and must leave the euro zone in order to avoid collapse of the monetary union, said the former governor of the Bank of England Mervynโ€ฆ
Published on March 22, 2016
By Iris Barker

Ireland, The Economic Growth Leader

There are not many countries able to achieve economic growth at almost 8 percent. Even China, which last year managed to increase its GDP "only" by 6.9 per cent, hopesโ€ฆ
Published on March 22, 2016
By Iris Barker

Saudi Arabia Is Demanding Financial Transparency

As reported by Bloomberg, citing informed sources, the Saudi authorities for the first time demanded international banks operating in the country to disclose their financial statements and other information. Thisโ€ฆ
Published on March 21, 2016
By Iris Barker

What Greek Banks Hide

At first glance, the four largest banks in Greece are doing better than ever. In November, they received a third aid package for several years. The allocated โ‚ฌ 14.4 billionโ€ฆ
Published on March 21, 2016
By Iris Barker

Apple’s Staff Will Resign If FBI Wins

Employees of Apple Inc. may refuse to perform their duties and are even ready to resign, if they are forced to crack the iPhone, which belonged to a terrorist fromโ€ฆ
Published on March 18, 2016
By Iris Barker

Number of Hedge Funds Is Falling at a Record Pace

According to a new study, in 2015 were closed more hedge funds than at any other time since the financial crisis.
Published on March 18, 2016
By Iris Barker

Pentagon’s Fears of War with Russia and China

The commandant of the US Marine Corps General Robert Neller, responsible for the preparation of the US Marines, said in a speech before Congress that the troops entrusted to himโ€ฆ
Published on March 17, 2016
By Iris Barker

Coca-Cola Got Milk

Coca-Cola intends to create a billion-dollar milk brand. The company has invested in the group Fairlife dairy farms that produce the same product. Filtered, rich in protein, lactose-free and almostโ€ฆ
Published on March 17, 2016
By Iris Barker

Is It Possible to Freeze Oil Production Without Iran?

Key oil-developing countries have decided to hold talks on the freeze on April 17 in Doha, Qatar, the sources told Reuters. However, the question of whether Iran will join oilโ€ฆ
Published on March 16, 2016
By Iris Barker

The Growing Iceberg of Pension Funds

Unfunded pension obligations of 20 OECD countries reached $ 78 trillion. For comparison, total debt of the same governments is almost 2 times less ($ 44 trillion).
Published on March 16, 2016
By Iris Barker

Foxconn To Wait For Sharp’s Reports

Taiwanese contract manufacturer Foxconn Electronics has delayed the deal on Sharpโ€™s aquistision once again. At this time, the company decided to wait for announcement of the quarterly financial results ofโ€ฆ
Published on March 15, 2016
By Iris Barker

Italy To Give Expired Food to Charity

Italy is preparing to adopt a law, according to which shops and catering establishments will not throw out not spoiled but expired food, but give it to charity instead. Earlier,โ€ฆ
Published on March 15, 2016
By Iris Barker

Oxfam Calls to Fight Tax Evasion

More than a quarter of the capital, created in the UK over the past 15 years, settled in the wallets of the richest people, who make up only 1% ofโ€ฆ
Published on March 14, 2016
By Iris Barker

Battle of Intuition: ‘Go’ Game Champion Beat Computer

Lee Sedol, Korean champion of the ancient Asian Go game, beat AlphaGo program developed by a subsidiary of Google. Yet, he did it only once, having suffered three defeats inโ€ฆ
Published on March 14, 2016
By Iris Barker

Hackers Stole $ 100 Million Belonged to Bangladesh From the Federal Reserve Bank

Criminals stole $ 100 million from the account of the Federal Reserve Bank of New York, cracking its electronic system. This reported AFP with reference to informed sources.
Published on March 11, 2016
By Iris Barker

US Officials Accused Apple of Lying

The US Justice Department accuses Apple of false rhetoric and deliberate sabotage of execution of decisions in the course of proceedings on unlocking information encrypted on the iPhone, belonging toโ€ฆ
Published on March 11, 2016
By Iris Barker

Daewoo’s Shipyards : The Worst is Over for the Company

South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) has declared that the worst is behind the company. The company expects to reach the profit for the currentโ€ฆ
Published on March 10, 2016
By Iris Barker

Americans Are Leading in the Investment Banking Race

Five of the largest American investment banks in 2015 surpassed their competitors from Europe by almost all financial indicators. Revenue of US investment banks last year amounted to $ 138.5โ€ฆ
Published on March 9, 2016
By Iris Barker

Mercer: Gender Equality Is Unattainable in 10 Years

Women are not sufficiently engaged in the labor force around the world. If employers keep the current level of progress in this environment, women will occupy only 40% of managerialโ€ฆ
Published on March 9, 2016
By Iris Barker

Michael Bloomberg Refused to Fight for the Seat of President of the United States

The billionaire, media mogul and former New York City Mayor Michael Bloomberg announced that he has decided not to participate as an independent candidate for the US president office. Heโ€ฆ
Published on March 8, 2016
By Iris Barker

MarketWatch: Donald Trump Will Bring the US to Crisis

MarketWatchโ€™s financial columnist Brett Arends believes that the economic program of presidential candidate of the United States Donald Trump is a path that might lead to debt crisis. Basing onโ€ฆ
Published on March 8, 2016
By Iris Barker

China Plans 6.5-7% GDP Growth in 2016

China plans to ensure the growth of its economy to 6.5-7% this year against 6.9% in 2015, said Prime Minister of the State Council of China Li Keqiang, speaking onโ€ฆ
Published on March 7, 2016
By Iris Barker

Unwelcomed Banknotes: Why EU Wants to Withdraw โ‚ฌ500 Bills

After the terrorist attacks in Paris, The European Central Bank came to think if it's time to get rid of the โ‚ฌ500-bills. Large banknotes has long been associated with theโ€ฆ
Published on March 7, 2016
By Iris Barker

Victims of the Largest Pyramid Scheme Don’t Want To Take Their Money Back

Victims of the famous Bernard Madoff, who founded the largest Ponzi scheme in the history of global finance, do not want retake $ 2.5 billion. Is it simple forgetfulness orโ€ฆ
Published on March 4, 2016
By Iris Barker

Toshiba Asked For a Loan for Restructuring

Japanese Toshiba Corp has asked the three banks in the country for additional credits amounting to approximately $ 1.8 billion. The company intends to finance the restructuring after the scandalโ€ฆ
Published on March 3, 2016
By Iris Barker

Fight Against Corruption in China Brought Macau’s Economy Down

Macau's economy has fallen to 20.3% last year. The main reason for that was massive anti-corruption campaign in China and the countryโ€™s economic downturn. The world's largest center of gamblingโ€ฆ
Published on March 3, 2016
By Iris Barker

Airbus Aircraft To Be Made in China

Construction of a new Airbus factory has been launched in China today. Investments into the project are estimated at $ 150 million. The company plans to embody and additionally supplyโ€ฆ
Published on March 2, 2016
By Iris Barker

Oil Quotes Play for Trump: Mexicans are Leaving Texas

According to the Revenue Service of the United States, cash receipts from Texas border cities decreased by 6%. Every year, the border between Mexico and the US is legally crossedโ€ฆ
Published on March 2, 2016
By Iris Barker

The British Precedent Comes Further: Norway is Next

The precedent of Britain came faster than many experts expected. Norway plans to significantly reduce payments to foreign workers from the EU, as London did.
Published on March 1, 2016
By Iris Barker

Buffett: Our Children Will Be the Happiest

Head of Berkshire Hathaway Warren Buffett published a letter to shareholders in which he admitted some of his mistakes. At that, Buffett believes that this current economic situation in theโ€ฆ
Published on March 1, 2016
By Iris Barker

Sony Patented VR Gloves

Being able to see your hands in virtual reality is an indescribable feeling. Many VR-headset manufacturers understand this. Some try to solve this problem with the help of smart sensors,โ€ฆ
Published on February 29, 2016
By Iris Barker

Enemy of the State: Why Apple Got Involved in the War with the FBI

Apple and the FBIโ€™s confrontation has become the largest in recent years public debate about where to draw the line between privacy of personal information and national security. The pointโ€ฆ
Published on February 29, 2016
By Iris Barker

Oil Loans of EU Banks Are Estimated at $ 200 Billion

Preliminary assessment of loans to EU banks, oil and gas sector, is at minimum of $ 200 billion. However, this amount may be only the tip of the iceberg, expertsโ€ฆ
Published on February 26, 2016
By Iris Barker
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