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Companies & CEOs

Lenovo returns its profit in the black in Q1

neelaka via flickr
Chinese Lenovo Group Ltd, one of the world's largest PC manufacturers, has returned to a profitable level in the first financial quarter against the backdrop of an increase in profitability of all major divisions. The company's press release states...

Tencent's revenue drops for the first time in 13 years

そらみみ
In the II quarter, Chinese tech giant Tencent Holdings Ltd recorded a drop in net profit for the first time in almost 13 years due to weaker performance in the mobile and computer games segment. This is reported by Reuters. Tencent's net profit in...

BP is going to revive its US business

Graham Richardson
British Petroleum Corporation hopes for a second chance in the shale oil market in the United States and has already bought oil and gas fields from BHP Billiton for $ 10.5 billion. For the most part, the British giant missed the early stages of the...

Monsanto to pay $ 289 million fine for cancer-causing herbicide

Mike Mozart via flickr
The American company Monsanto, previously acquired by the German Bayer for $ 66 billion, lost a case in the San Francisco District Court. The company will be liable to pay a $ 289 million fine to a school gardener DeWayne Johnson, who was diagnosed...
Markets & Industries

Turkish lira keeps devaluing

public domain pictures
The National Bank of Turkey announced measures to combat the currency crisis in the country. The measures are extremely situational: yesterday, the Turkish lira only slowed down to the dollar, reaching the level of 7.24 TL/$. The prospect of a...

Global sugar consumption falls. But why does production grow?

Oregon State University via flickr
Prices for sugar fell to a three-year low due to a decrease in consumption caused by agitation of scientists and doctors. Yet, levels of production are still the same, and are even growing in some places. In the end, all this is a matter of...

On the threshold of a financial storm: What does the Skyscraper Index tell?

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If you believe the Skyscraper Index, then a major financial crisis will occur in the next two years. In 2020 Saudi Arabia is completing construction of the world's tallest building, the Jeddah Tower. For the first time, the skyscraper index was...

Chinese stock market loses to Japan

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The Shanghai Stock Exchange has been showing very weak results this year. This fact has become yet another reason for China to climb down to the second line in the ranking of the largest stock markets. Now, the country’s main Asian competitor is...
In-depth coverage

Oberthur Fiduciaire growing in Europe

Oberthur Fiduciaire, one of the main secure printers in charge of printing banknotes for central banks, is consolidating its position in Europe, in a steady streak of growth. Lately, two strategic moves have shaped its ambitions toward ever-closer control of quality management and security processes.In February of 2017, the Sequana group announced its intention to sell its Banknote paper compan...
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Standardizer

Catalans decide to punish banks leaving Catalonia

As tension in Spain is intensifying, the Catalan separatists are finding new opportunities for the struggle for independence that could strike Madrid.Civil society organizations in Catalonia are requiring a massive withdrawal of money from bank ATMs to put pressure on the Spanish government. At the same time, the organizers have no clear idea how much money it takes and what to do with the...
World & Politics

Tehran claims key role in restoration of the Syrian economy

Adam Jones via flickr
In the coming days, Iran and Syria are going to sign an agreement on strategic partnership. Its last details were discussed this week in Damascus by an Iranian government delegation. Tehran claims a leading role in restoration of the Syrian economy,...

EC: "Golden visas" fuel corruption

Images Money via flickr
European Commissioner for Justice Věra Jourová told the Financial Times that the European Commission will carefully study the "corrupt citizenship" schemes in eight European countries as part of bolstering of the campaign against money laundering...

Iran stops exporting oil to France and South Korea

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Iran's oil exports continued to decline in July on the eve of the full restoration of US sanctions against the country. European consumers are reducing purchases, and supplies to France and South Korea have completely stopped, the International...

Angela Merkel seeks support of Spain

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On Saturday, Angela Merkel, the chancellor of the Federal Republic of Germany, started a two-day visit to Spain. On the eve, Madrid and Berlin signed an agreement on the return of refugees. This step has become yet another measure to resolve the...
Management & Strategy

How to become, and stay, focused

RL Johnson via flickr
To be attentive means to focus on what you are doing. This skill can be used anywhere and anytime: when driving a car, reading, talking, solving a problem, servicing machines, working alone or in a team. Yet, the most important thing in focusing is...

New study: Average UK employee has to work for 160 years to earn their CEO's salary for one year

Myke2020
The average income of heads of the largest British companies was 145 times as many as the average salary of employees in 2017. In 2016, the figure was 128, in 2015 – 146, shows a study by the Chartered Institute of Personnel and Development (CIPD)...

How to be great instead of big

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Bo Burlingham, Editor-in-chief of the popular business magazine Inc., talked to founders of small but successful and outstanding companies, and described their experience in his book "Small giants." We chose seven tips that will be useful to both an...

New technologies: Timesavers or time thieves?

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Modern technologies allow us to perform tasks faster and more productively. At least, this may seem at first glance. Rolf Dobelli, an author of “The Art of the Good Life” book, described several examples when attempts to save time turned into a loss...