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Companies & CEOs

Profit of DP World port operator goes 26.8% up in the first half of 2019

Smainali3
Net profit attributable to shareholders of the world port operator DP World (owned by the government of the emirate of Dubai) grew by 26.8% in annual terms to $ 753 million in the first half of the year. Earnings per share were $ 0.9 versus $ 0.72 a...

Saudi Aramco calls on banks to participate in the largest IPO

almost witty via flickr
IPO Saudi Aramco is one step closer to reality. A few days ago, the state-owned oil company of Saudi Arabia called on a number of banks to take part in the long-awaited IPO. Aramco's formal request that banks put forward their proposals is already a...

Xiaomi profit falls short of forecasts in Q2

Jon Russell
Profit of the Chinese electronics manufacturer Xiaomi Corp did not satisfy expectations in the second quarter of 2019 amid weak demand for smartphones in the face of a slowdown in the PRC economy. According to a press release of the company, its...

Chinese CNPC stops buying Venezuelan oil

The Photographer
The largest customer of the Bolivarian Republic fears US sanctions. China National Petroleum Corp., the largest buyer of Venezuelan oil, suspended August shipments following introduction of recent US sanctions against South American exporters. This...
Markets & Industries

US largest banks win in the fight for Volcker Rule concessions

needpix
U.S. watchdog eased trading rules for Wall Street banks, which brought them one of the biggest victories in the Trump administration, but sparked criticism from consumer advocates who warned of potential taxpayer risks. The Office of the Comptroller...

WTO Trade Barometer shows dead calm

pexels
The growth rate of world trade in the third quarter of 2019 will remain below the trend line, as evidenced by the Trade Barometer indicator calculated by the World Trade Organization (WTO). In August, the index was 95.7 points (the figure less than...

August 14th becomes the worst day for the American stock market since the beginning of 2019

pxhere
US stock indexes closed trading on Wednesday with a fall of about 3%, showing the worst dynamics since the beginning of the year due to fears of a recession in the United States, as well as weak statistics from Germany and China. During the...

Experts: German economy remains pessimistic

pxhere
The monthly economic sentiment index in Germany, published by the Center for European Economic Research (ZEW), in August dropped to minus 44.1 points, losing another 19.6 points compared to July. This is the minimum value of the index since December...
In-depth coverage

Filippo Ciarletti Executive Vice President and CTO at Mars&Co: "A strategy consultant must develop his architectural skills, i.e. the ability to put together science, creativity and the human dimension."

Mr Filippo Ciarletti, Italian born, raised in Switzerland, with degrees at Ecole Centrale de Paris (ECP), the MIT and INSEAD, followed by thirty five years in strategy consulting at Mars&Co where you serve as Executive Vice President and CTO. That should give you a rather unique perspective into the business challenges ahead.Could you first tell us how you see the fit between your personal stor...
>>> 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

Oxfam: Inequality in developed countries is growing

pxhere
Oxfam NGOs found that the poorest part of the population (20%) accounts for only 5% of the paid remuneration on average in the seven most developed countries in the world. At that, 20% of the richest people account for 45%. The organization believes...

Politico: EU has a plan to combat Trump's trade policy

pixabay
European officials have prepared a 173-page “aggressive” plan, which is directed against the trade policy of US President Donald Trump, as well as against American technology giants Google, Apple, Amazon, Microsoft, Facebook and others, reported...

Turkey is getting tired of refugees

VOA news
Turkish authorities set to solve one of the most sensitive problems for the country, the excess of refugees from Syria. Considering that most of the Syrians found refuge in Istanbul, the Ministry of Internal Affairs intends to evict all refugees...

Facebook,Twitter block more than 200 th fake accounts related to Hong Kong protests

Maxlmn
Facebook and Twitter reported that the Chinese authorities launched a full-fledged propaganda machine on the Internet, aimed at misinforming Hong Kong protesters. Based on such findings, social networks announced blocking of accounts, blogs and...
Management & Strategy

The Leave or Stay dilemma: When to stop and when to keep going

Marco Verch via flickr
There is one important feature for a businessman: the ability to correctly assess the situation in order to understand when it is worth doubling efforts, and when you need to stop. Persistence is a necessary quality for those who seek financial...

What are Content Weapons?

What are Content Weapons?
Content Weapons are intentionally engineered messages or payloads (text, images, sounds or videos) using a digital delivery system aimed at a location or group of a given mindset, with the express purpose of a targeted action, impression, behavior...

How to organize your thoughts in the information overdose era

maxpixel
Our brains find unique approaches to organizing information. However, the “information overdose” era can be quite difficult to handle. What can we do to cope with the excess information? Categorization Categorization will help shift part of the...

Five tips to get a pay raise

Evan Jackson
It is unlikely that there will be a person who would refuse a raise in salary. Often, however, we let chips fall where they may: wait until the boss offers the raise and feel underestimated if they don’t. If you are sure that you deserve more, you...