The Strategist

The Strategist
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Companies & CEOs

TikTok ahead of YouTube and Netflix in revenue from in-app purchases

pikist
TikTok and its Chinese clone earned $ 78 million with in-app purchases in April. This is the biggest result in the world; the figure exceeds YouTube, Netflix and Tinder. The total revenue of the TikTok mobile application and its Chinese counterpart...

Renault and Nissan consider cuts of more than $5B

Rian Castillo
Renault and Nissan, members of the Renault-Nissan alliance, are getting ready to announce spending cuts of more than $ 5 billion this week, the Wall Street Journal writes, citing sources familiar with the situation. Official announcements of...

IT giants market cap hits record $ 5.6 trillion amid the pandemic

Dcoetzee
The combined market capitalization of the five largest US technology corporations - Microsoft, Apple, Amazon, Alphabet and Facebook - rose to a record $ 5.6 trillion. Although in March the price of their shares, as well as the shares of other...

Qatar Petroleum to cut costs by 30%

Jasper Morse via flickr
Qatar’s state-owned oil and gas company Qatar Petroleum (QP) intends to cut costs by about 30% amid falling oil and gas prices, said the company’s head Saad al-Kaabi. "We are going through a budget review... In June, we will be somewhere within 30%...
Markets & Industries

IIF: US, China keep borrowing, debt burden is growing

pxhere
The fight against the pandemic will result in a sharp increase in the global debt burden. In absolute terms, the total debt of governments, corporations, households and financial institutions will grow by almost a third by 2025 - up to $ 325...

IEA becomes optimistic about oil prices in 2020

pxfuel
Global demand for oil in the second quarter of this year will not sink as much as expected as countries are lifting lockdowns faster than previously thought, follows from the May forecast of the International Energy Agency (IEA). According to his...

China ponders termination of trade deal with US

futureatlas.com via flickr
Trade advisers recommend that senior Chinese officials terminate the “first phase” of the US deal because of an ongoing anti-Chinese campaign demanding that China be held accountable for the Covid-19 pandemic. Beijing regards the agreement,...

US court obliges Telegram to disclose data on token transactions

TechCrunch via flickr
U.S. court ordered Telegram to inform the US Securities and Exchange Commission on any assets transferred to buyers of Gram tokens. The company will also need to provide data on contacts with customers related to cancellation of the initial...
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

The Guardian: Pharma giants refused to develop vaccines against coronaviruses in 2017

Myfuture.com via flickr
Three years ago, three major global pharmaceutical companies did not support the EU proposal to develop high-speed vaccines for pathogens, in particular, such as coronaviruses, The Guardian reported on Monday. According to the newspaper, the plan...

Hong Kong protests take to the streets once again

Studio Incendo
The Chinese authorities decided to finally fix the "Hong Kong problem": a draft resolution "On National Security" was introduced for the consideration of the session of the All-China Assembly of People's Representatives. The document provides for...

US, UK impose restrictions on M&A for foreign companies

pixabay
The US Senate unanimously spoke out in favor of a bill, which would make it difficult for some Chinese companies to place shares on exchanges in the United States. According to the paper, foreign companies whose shares are traded in the United...

Greece to start accept tourists from July

Pedro Szekely via flickr
Greece will allow direct flights to its main tourist destinations from other countries from July 1, announced Prime Minister Kyriakos Mitsotakis, reports AP. The tourist season in the country will begin on June 15: from this date seasonal hotels...
Management & Strategy

Three actions to stay afloat during crisis

pixnio
A difficult financial situation has consequences for any business. However, it is important to remember that the change in external conditions caused by the crisis affects not only you, but also your competitors. Everyone is facing the same problems...

How to stay sane while working from home

pxhere
If you work from home - it doesn’t matter if you have a separate office or just a coffee table in the living room - the most difficult thing is to do the work and not lose your mind. So how do you find harmony if you stay in the same space day and...

Using kanban board to visualize your work

Jeff.lasovski
People with visual perception think with images, not words. They better absorb material when they see it, rather than hear it. Two-thirds of the population have visual perception, and this is not an acquired habit: people with visual-spatial...

Four key features of modern management

Four key features of modern management
The largest modern corporations are realizing the increasingly vital importance of management. The challenges that Facebook, Apple, and Google are facing now essentially boil down to management issues. All these companies have developed...