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Companies & CEOs

Lufthansa sues its passenger, accuses him of cheating

tjdarmstadt
One of the largest airlines in the world, Lufthansa, demands monetary compensation from a passenger who in April 2016 used a common method to reduce the cost of air travel without flying to the end of the connecting route, but remained in the...

Airbus stops producing the largest passenger airliner since 2021

A6-EDJ
The European Airbus concern stops production of the A380 airliner since 2021. The decision was made due to lower demand for the aircraft by Emirates and the lack of interest in them from other carriers. In the next two years, the airline should...

Nissan worsened forecast for the year because of Carlos Ghosn case

pexels
In 2018, the Japanese automaker Nissan Motor Co. turned out in the center of a major scandal in connection with the arrest of one of the most famous top managers of the global automotive industry, Carlos Ghosn, increased its operating profit and...

Is it worth investing in Alphabet?

brionv via flickr
Despite Alphabet’s good reporting, investors are worried about the company's rising spending. Although the firm surpassed Wall Street's expectations for profits and revenues, the combination of rising costs and falling advertising prices caused...
Markets & Industries

Analysts: Chinese export grows despite restrictions

futureatlas.com via flickr
Exports from China in January in annual terms increased by 9.1% (after the December decline by 4.4%), despite the effect of US duties, according to statistics from the PRC. At the same time, imports to China also increased, but only by 1.5% (it fell...

McKinsey notes slowdown in global trade

pixnio
Growth rates of the global trade are not only decreasing, but structural changes are taking place. Increasingly fewer products are sent abroad, share of services is consistently growing and, perhaps, already exceeds the volume of goods turnover,...

IIF: Capital outflows return to emerging markets

Mosmas
The total net outflow of investments from emerging markets in 2018 amounted to $ 23 billion, the Washington Institute of International Finance calculated. In 2017, on the contrary, there was an inflow of $ 63 billion. Only in December last year, $...

Europe closes its steel market from excess imports

Woodson, LeRoy
The protective duties on steel and aluminum, introduced by the USA in March 2018, resulted in a significant reduction in imports into the country and redistribution of metals to other markets, in particular, to the European Union. Thus, the European...
In-depth coverage

Wonderbox shaping the European gift box market

The French gift box leader is pursuing its expansion, with a new strategy of its own. After years of organic development, Wonderbox has been acquiring competitors in Europe to fuel its growth further. At the heart of the new strategy, which has succeeded in securing the very existence of a market which was nascent just years ago, lies the concept of “mutual growth”.At the turn of the century...
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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

US, Saudi Arabia protest against EU money laundering list

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The US authorities very sharply reacted to publication of the EU blacklist of countries that pose a threat due to a weak fight against money laundering and financing of terrorism. The US protested against blacklisting of four unincorporated American...

China is fighting for its corner in Venezuela

Philip Jägenstedt
China decided to hedge and protect their multi-billion dollar investment in Venezuela. China worries about future of joint oil projects with Venezuela and the nearly $ 20 billion that Caracas owes it. These concerns resulted in negotiations that...

May is playing for time before Brexit vote

EU2017EE via flickr
British Prime Minister Theresa May plans to wait until the last moment before putting her Brexit deal to a vote in parliament, after which she will force British politicians to choose between her plan and a potentially very long delay, writes...

Study: Implementation of the Paris Agreement will ensure global growth of economy and employmen

TrickyH
Due to transition to a green economy by 2030, global GDP will rise by 0.1%, and the employment rate - by 0.5%, show studies conducted with participation of the European Foundation for the Improvement of Living and Working Conditions (Eurofound)....
Management & Strategy

How to find a mentor

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Building a business by trial and error is difficult and unpleasant. It is much smarter to use experience and ideas of those who have already did it. The key to growing your business is mentor assistance. Imagine that successful people are points in...

How to make your colleagues meet deadlines

pexels
Many of us have been in a situation like this more than once: deadline is near, the project must be handed over, but nothing is ready yet... Many people have a superpower to forget about deadlines. And yet, they can be called for order. How to make...

Seven ways to become a true professional

pixabay
Why do some people work much better than others? This is a deceptively simple question asked by professionals in different fields of activity. Our perception of success is based on conviction that everything depends on talent. But are all these...

Here's why you need to organize your day

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This is the most powerful tool to overcome difficulties and obstacles. Without it, a person is often distracted by senseless stimuli and unnecessary things. This is necessary to facilitate work and allows you to start performing tasks without too...