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Companies & CEOs

Samsung’s semiconductor division outstripped Intel

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In the first quarter of 2018, Samsung Electronics consolidated its position as the leader in the global chip market. For the first time, the company has become the leader in the second quarter of 2017, outstripping the American corporation Intel....

JPMorgan to create a crypto currency strategy

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Head of the London financial department JPMorgan Chase & Co Oliver Harris will be responsible for the bank's crypto-currency strategy. He will also head a project developed by Quorum company and aimed at creating the bank’s own blockchain...

Credit Agricole, Commerzbank report profit growth in Q1 2018

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The first quarter of this year turned out to be quite profitable for two banking giants from Europe. The net profit of the second largest German bank, Commerzbank AG, attributable to shareholders in the first quarter of 2018, increased by 9.2%...

Strikes are knocking Air France down

Philippe Noret
Strike of Air France staff, held from February 22 to May 8, cost the company € 400 million. Number of the company’s passengers decreased by 8.7%. Having failed to find a common language with the working unions, General Director of the group Air...
Markets & Industries

Indian aviation market will skyrocket by 2038, minister says

Santanu Mondal
Indian Minister of State for Civil Aviation Minister Jayant Sinha is confident that by 2038 his country will be the second market in the world in terms of the number of passenger flights. By that time, airlines will carry out about 1 billion flights...

US shale oil drillers are still losing money

JasperMorse
Shale drillers in the United States still are spending more money than they earn, even when prices have risen and recovered to the highs of the end of 2014. The reason is growth of costs and hedging, which did not take into account the rapid price...

The IEA forecasts deficit in oil markets

Gulustan
The world oil market may face a situation of supply reduction for two reasons - because of sanctions against Iran and because of falling supplies from Venezuela, experts of the International Energy Agency (IEA) warn in its May report. So far, the...

Political turmoil in Italy stirs local markets

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The League of the North and the Five-Star Movement (Movimento 5 Stelle, M5S), which have been struggling to form a government in Italy since the March elections, can soon reach an agreement. Then, it will open the door to creation of a joint...
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

The US and China agree on expanding trade turnover

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China has agreed to "substantially increase" volume of purchase of American goods, so both countries will refrain from raising tariffs and declaring trade wars, US and PRC representatives said on after negotiations that ended on Saturday. Details of...

Ireland is afraid of a catastrophic Brexit

Oast House Archive
The Prime Minister of Ireland, Leo Varadkar, expressed serious doubts about future negotiations on the Brexit issue on Thursday morning, suggesting that the UK risks leaving the EU without a deal if the government argument lasts until June. Speaking...

The reign of Madrid over Catalonia ended. What now?

Medol
Election of Quim Torra as head of the most economically developed Spanish region does not promise the central government of Spain anything good. Obviously, the struggle for the secession of Catalonia will continue despite the change of power in...

Europe is missing opportunities for reforms

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The International Monetary Fund (IMF) noted strong economic growth in Europe, mainly driven by domestic demand. At that, the organization warned that governments do not use favorable conditions to reduce their debts and implement reforms. This is...
Management & Strategy

Five life hacks to be more productive

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An unproductive person will not survive in business, because less productivity means less money. Such a man needs to spend much more time and effort to achieve the same results than an effective person does. What does it mean to be productive? Is it...

Why is Jan Koum leaving Facebook?

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The US media write that Jan Koum, founder of WhatsApp messenger, left Facebook because of a conflict with the leadership of the most popular social network in the world. Mr. Koum expressed disagreement with Facebook's policy regarding WhatsApp...

Easy peasy: How to make your business and private life simpler

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People dream that everything was simple. For example, the simpler your mobile application or terms of your user agreement, the more likely you achieve success. Here are some tips on this topic. Why we like to make things complicated People love...

Nine tips for a project manager

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A right strategy will help a newcomer to uncover key concepts, answer typical questions and cope with the chaos surrounding many projects. Here are nine tips for inexperienced project managers. Planning together One of the common mistakes of young...