The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Louis Vuitton owner is not the richest man in the world anymore due to virus outbreak in China

Jérémy Barande
Bernard Arnault, owner of Louis Vuitton and Dior, has been holding the first place on the list of the richest people in the world for only three days. On Tuesday, his wealth declined by $ 3.7 billion. The reason is the outbreak of a deadly virus in...

PwC: Global business feels pessimistic in 2020

Blake Burkhart via flickr
Consulting and auditing company PwC has published the results of its annual survey of CEOs around the world. Last year 29% of the top managers polled expected a slowdown in economic growth; in this year, however, the number went up to 53%, which was...

Hong Kong Airport falls in recession

ChristianSchd
The number of passengers passing through Asia's largest air harbor turned to be the smallest in 10 years. One of Asia’s busiest air harbors, the Chek Lap Kok International Airport in Hong Kong, has recorded the largest decline in passenger traffic...

Alphabet's market cap hits $1 trillion

Maurizio Pesce
Capitalization of Alphabet, which owns Google, reached $ 1 trillion for the first time in its history. Prior to this, only three IT companies managed to achieve this market value: Apple, Microsoft and Amazon. The market value of Alphabet, the parent...
Markets & Industries

EU, England, Japan, Switzerland join forces with Bank for International Settlements to tame cryptocurrencies

needpix
The Bank for International Settlements (BIS) announced creation of a joint working group with the central banks of the EU, England, Sweden, Switzerland, Japan and Canada. Within the group, the central banks of these countries and BIS will evaluate...

China shows record steel production in 2019, aluminum production falls

needpix
In 2019, steel production in China reached a record level of almost 1 billion tons. At the same time, annual aluminum production fell for the first time in 10 years, the State Statistical Office of China reported. The world's largest steel producer...

Lower your expectations: UBS top manager tells about investments in 2020

pxfuel
The key to a successful investment in 2020 will be moderate expectations and willingness to get lower returns, said UBS Global Wealth Management Chief Investment Officer. He advises paying attention to dividends, 5G technology and gene therapy. In...

Maduro to sell 4.5 mln oil barrels for Petro cryptocurrency

Presidencia El Salvador
This is almost one sixth of all certified (state) reserves of the country. Nicolas Maduro signed a decree on the sale of petroleum for the Venezuelan cryptocurrency.  In the near future, the state-owned company PDVSA will sell 4.5 million...
In-depth coverage

In Russia, the French won more than the World Cup

For some people in France, victory was achieved long before the finals. The French national soccer team returned victorious, and so did companies like Louis Vuitton, Metalu Plast or Freyssinet. With a record-high budget for the FIFA 2018 edition in Russia, numerous French companies acquired not only profitable contracts, but a level of publicity they had rarely achieved before. Be it in luxur...
>>> Zoom on Earth

“Wherever we go, we are above all at the service of the local authorities' urban project” an interview with Carmen Munoz, CEO of the French Company Citelum

Citelum, a subsidiary of the French energy group EDF, is a company specializing in urban lighting, which currently generates more than 75% of its revenue from international operations. Its general manager, Carmen Munoz-Dormoy, explains how the company has established itself abroad and how it is involved in local urban development.1. In your last activity report, you stated that you ar...
World & Politics

US lifts the veil of sanctions over Venezuela

Voice of America
The United States has allowed several international organizations to carry out transactions with the Central Bank of Venezuela and government officials subject to sanctions. This follows from the general license published on the website of the...

Central Bank of Japan keeps monetary policy unchanged, economic forecasts rise

pixnio
Following a two-day meeting, the Bank of Japan left the monetary policy unchanged and improved forecasts for economic growth. As expected, the interest rate on deposits of commercial banks with the Central Bank was maintained at minus 0.1%. The...

Australian business expects damage from climate change

bertknot via flickr
81% of Australian business leaders believe that climate change will harm their company, a survey by Deloitte showed. This is the highest figure among 19 countries covered by the study, Reuters reports. The proportion of business leaders fearing the...

WP: US threatened Europe with duties within JCPOA case

The White House
U.S. President Donald Trump’s administration threatened to impose a 25 percent tariff on imports of European cars unless Britain, France and Germany formally accused Iran of violating the 2015 nuclear deal, The Washington Post reports citing unnamed...
Management & Strategy

Samsung appoints new mobile chief

Jamie McCall
Samsung Electronics has announced appointment of a new head of the company's mobile division. The chair will be taken by 51-year-old Roh Tae-moon; he will become the youngest head of Samsung Mobile in the history of the corporation. Previously, Roh...

How to get your priorities right

pixabay
Each of us at least once had a lot of tasks and too little time to do them all. Choosing what is really important is not as easy as it may seem. Morning clarity The main thing to remember: if everything is a priority, it means that priority is...

Three conditions for employee engagement

pixabay
How are emotions, thoughts, and actions connected in the nervous system? When a reaction to a negative event engulfs us, it’s blinding. At this moment, we concentrate mainly on the source of pain. We cannot process information, think creatively and...

Five unexpected traits of successful leaders

Five unexpected traits of successful leaders
What is leadership? For some, it means creating a company that will change the world. Others identify it with the ability to make decisions in a large company that needs to adapt to change. Whatever your ambitious plans are, the key to success is...