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Companies & CEOs

Saudi Aramco to pay $ 10-15 bln for Indian Reliance Industries

Saudi Aramco to pay $ 10-15 bln for Indian Reliance Industries
Saudi Aramco, the Saudi state oil company, is negotiating purchase of up to 25% in the oil refining and petrochemicals business of an Indian corporation Reliance Industries, (RIL), The Times of India reported. The Saudis are pondering a share worth...

Chevron-Anadarko deal will create oil giant

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Purchase of Anadarko Petroleum will allow oil giant Chevron to become the world's number two publicly traded oil company. After acquisition of Anadarko Petroleum, the oil giant Chevron will become the leading operator of Permian, one of the most...

Disney to spend $ 800 million for the first year of Disney+

Pixabay
Analysts at UBS forecast that Disney will spend $ 800 million on content for its new Disney + streaming service in the first year of broadcasting. “In the longer term, we expect Disney to continue to increase production of original content...

French Finance Minister: Boeing-Airbus conflict will help China

Jack Snell
Aggravation of the conflict over subsidies for European aircraft manufacturers of Airbus and its American competitor Boeing does not make sense and will only serve the interests of the new Chinese competitor, French Finance Minister said. “A clash...
Markets & Industries

Top 10 largest financial hubs of the world

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According to the 25th annual report of the Global Financial Centers Index, New York has become the largest financial hub in the world. The index ranks cities by parameters such as the business climate, human capital, infrastructure, financial sector...

Revival of Irish whiskey: "Water of life" is growing in price

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Dublin was once the world capital of whiskey. In its heyday in the 19th century, Irish whiskey accounted for about 60 percent of global whiskey consumption. Almost all production was located in Dublin with its world's largest factories. But then the...

Is is possible to invest in space?

Official SpaceX Photos
Over the past six decades, the space industry has been actively developing in different directions. The space technology has been improved, and numerous scientific experiments were carried out. And eventually, there was the time to speak about...

Analysts: Wine production jumped in 2018

wuestenigel via flickr
In 2018, the world produced a record volume of wine in 15 years: according to the International Organisation of Vine and Wine (OIV). Compared with the previous year, the figure jumped by 17%. A total of 292.3 million hectoliters were produced, or 39...
In-depth coverage
>>> 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

Japanese population problem: Country annually loses population of an average city

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Rate of decline in the population of Japan is accelerating. These years, the country has been annually losing a number of people comparable to average-sized city’s population, and this trend will continue indefinitely. The Ministry of Internal...

Greece demands reparations for German occupation

altraeuropa via flickr
The Greek parliament officially supported the initiative of the country’s government to put forward claims to Germany regarding reparations for the damage caused by the occupation during the Second World War. It is reported that the decision was...

Venezuela: The black hole of the Latin America's economy

Venezuela: The black hole of the Latin America's economy
The IMF considers it very important to continue reforms in Brazil, Mexico and Argentina in order to gain investor confidence. The situation in the global economy has made a U turn over the past year. The slowdown in growth, which manifested itself...

How much will French billionaires donate to restore Notre-Dame?

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French President Emmanuel Macron promised that Notre-Dame de Paris will be restored after a devastating fire. The fundraising has already begun, and Forbes rating participants did not stand aside. The family of French billionaire Bernard Arno will...
Management & Strategy

Seven barriers to promotion

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Your current position is great, but you feel you haven’t reached your limit yet? It is not clear how and where to grow professionally. Routine, stagnation follow you. Here are seven barriers that prevent you from climbing the top of the career...

UK Trades Union Congress: Shorter working day means better productivity

Public Domain Pictures
The largest British trade union association Trades Union Congress (TUC) has released a study on the ratio of working hours and productivity in 10 most developed EU countries. The union experts concluded that workers in Denmark and the Netherlands...

Foxconn's founder to step down

Nadkachna
Billionaire Terry Gou, founder of the world's largest electronics manufacturer Foxconn, intends to resign as chairman of the board of directors. The businessman followed Jack Ma’s thought about retirement. The founder of Foxconn, the world's largest...

How to make people fall in love with your ideas

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Creative people often come up with ideas and use their skills to implement them. But when it comes to presenting the plan to others, many of them fail. How to submit ideas so that they have a chance to survive? Let's see. Start with a goal...