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Companies & CEOs

Nvidia becomes US largest chipmaker by capitalization overtaking Intel

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Nvidia Corp for the first time became the largest US chip maker by market value, overtaking Intel Corp on Wednesday. Nvidia stock quotes rose by 3.5% per day - up to $ 408.64. As a result, the company's capitalization reached $ 251.31 billion....

Mexican Pemex will develop Zama field with privately owned Talos Energy

Tony Hisgett
The Mexican Ministry of Energy greenlighted creation of the first public-private partnership in the history of the country to develop an oil field, the right to which was initially claimed by a private consortium. "The Ministry of Energy instructed...

Microsoft sets to buy Warner Bros. Interactive for $4B

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The American corporation Microsoft is interested in buying the gaming division of Warner Bros. for $ 4 billion, reports The Information, citing sources inside the company. The company intends to continue the policy of buying game developers to solve...

Deutsche Bank fined $150M for connections with Epstein and money laundering banks

Elliott Brown via flickr
The New York State Department of Financial Services (DFS) announced an agreement with Deutsche Bank, under which the bank will pay a fine of $ 150 million. A fine is imposed for "significant violations" committed by the bank in servicing accounts of...
Markets & Industries

Gold prices update nine-year high

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Gold prices rapidly surpassed the level of $ 1800 per troy ounce on the world market; the quotations have grown by more than 20% since beginning of the year. The risks of the second wave of coronavirus, the aggravation of relations between the USA...

S&P warns of rising asset price inflation

QuoteInspector.com
A fifth of those companies whose ratings are calculated by Standard & Poor’s agency have already faced their decline. Moreover, as analysts at the agency warn, the impact of the COVID-19 pandemic on creditworthiness will be felt in individual...

UK watchdog proposes new rules for Google and Facebook

Lyncconf Games via flickr
The Competition and Markets Authority (CMA) of Great Britain has published its proposals for “introducing a new regulatory regime that promotes competition to tackle Google’s and Facebook’s market dominance.” Among other things, the watchdog...

Investors are fleeing from pandemic into gold and bonds

Investors are fleeing from pandemic into gold and bonds
International investors have significantly reduced their interest in risky assets. Over the past week, the net outflow of funds from equity funds of developed countries amounted to $ 4.6 billion, from emerging markets funds - $ 2.6 billion....
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

118 police officers injured in Serbia in two days of anti-lockdown riots

Heinrich Böll Stiftung
118 policemen were injured and 153 suspected violators were detained in cities of Serbia during the two days of unrest that accompanied the protests against the return of quarantine measures, said Serbian Police Director Vladimir Rebić. According to...

Study: Preventable diseases may cost the world economy up to 15%

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According to McKinsey & Co’s estimates, global GDP is losing up to 15% of its volume annually due to premature mortality and morbidity in the population of various countries. By 2040, these losses can be halved by already known measures, such as...

Brazilian President tested positive for COVID-19

Palácio do Planalto
Brazilian President Jair Bolsonaro, who repeatedly called COVID-19 “mild flu,” refused to impose a national quarantine and defiantly ignored recommendations for wearing masks. Recently, he became infected with a coronavirus. He was added to the list...

Ecuador agrees on restructuring $17.3B debt

Yamil Salinas Martínez via flickr
Ecuador, whose economy is in the midst of an economic crisis, has agreed to restructure its external debt with major lenders, said President Lenin Moreno. "We have reached an agreement with the most important group of debt holders, which will reduce...
Management & Strategy

How to craft a story that will make people fall in love with your product

pikist
Suppose you have a good product with great design and functionality. How to make it known and loved? Clients, members of your team, partners should easily and quickly feel the essence of your brand, grasp the advantages and benefits on the fly, and...

Seven tips on using flipcharts

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In the age of high-tech computer presentations, a flipchart is still the most effective tool for this purpose. How to use it correctly? The five most obvious benefits of using a flipchart in a meeting are: 1. Activation of the collective thinking...

Vague numbers: Why indicators cannot help make business performance better

pxhere
Technology helps us collect a huge number of indicators. Accuracy of the numbers creates a pleasant illusion of control, and our ability to receive and process them is an equally pleasant sense. Sometimes, however, it happens that indicators do not...

Does a leader have to be modest?

Vinoth Chandar via flickr
We often hear that a leader must be tough, unbending and have a share of healthy selfishness. However, leadership is not limited to self-confidence. It requires qualities such as empathy, curiosity, the ability to cooperate. Most people who look at...