The Strategist

The Strategist
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Companies & CEOs

Deutsche Bank quadruples net profit in 2021

DennisM2
Deutsche Bank, Germany's largest bank, posted a net profit of €2.51 billion last year, a fourfold year-on-year increase and the highest since 2011, according to the credit institution's accounts. Net profit attributable to shareholders rose to...

Toyota halts a number of lines at plants in Japan again

jakobebrey.com
Toyota, one of Japan's largest carmakers, has once again announced the suspension of production at 19 lines in 11 plants inside the country due to the coronavirus, as well as a partial shortage of components. According to the company’s press...

Halliburton reports net profit for 2021

Tony Webster
US oilfield services company Halliburton Inc. posted a net profit of $1.469 billion last year, following a loss of $2.942 billion a year earlier, the company said. Net income attributable to the parent company was $1.457 billion, compared with a...

Peloton to suspend production due to lower demand

Tony Webster
According to CNBC, Peloton will halt production of exercise bikes and treadmills for two months in February and March, as evidenced from internal documents of the company. Peloton cited poor demand and fierce competition as reasons for its decision....
Markets & Industries

Experts wait for record increase in global renewable energy capacity

Maggie Chou
Installed capacity of renewable energy (RE) power plants will increase by 295 GW in 2022, marking a record second consecutive year of growth, according to the World Economic Outlook 2022 by international consultancy PwC. Experts noted that in 2022 a...

US new home sales rise better than forecast in December

Public Domain Pictures
New home sales in the US rose 11.9% in December from the revised November figure to 811,000, data from the US Commerce Department's Census Bureau showed. Analysts polled by DailyFX expected the figure to rise to 760,000 from the previous month's...

Global steel production up 3.6% in 2021

pixnio
Global steel production in 2021 was 1.912 billion tonnes, up 3.6% from 2020, according to the World Steel Association (WSA). CIS countries, according to preliminary data, increased steel output by 5.6% to 105.6 million tonnes. The EU countries...

IATA notes growth in global air cargo traffic in 2021

N. Madhav, USAID
Global air cargo traffic for 2021 is up 6.9 per cent on 2019, according to an International Air Transport Association (IATA) press release. By 2020, the figure was up 18.7 per cent. According to the association, North America (19.8%), the Middle...
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

For Etienne Couëlle, “the public health and economic crises have demonstrated just how resilient Oberthur Fiduciaire is”

Having been recently appointed as General Manager of Oberthur Fiduciaire, Etienne Couëlle must deal with a global health crisis that is expected to continue impacting economies around the world. Our discussion with this key player in the global security printing provides insight into a business that is as discreet as it is innovative. What has been the impact of the public health an...
World & Politics

IMF expects growth of the world's major economies over next two years

Picryl
The International Monetary Fund (IMF) on Tuesday lowered its forecast for US economic growth for 2022 to 4% from 5.2%, while raising it for 2023 to 2.6% from 2.2%, the fund's report showed. Meanwhile, for 2023, the US GDP growth forecast in the...

WB sees serious threat in rising inequality and public debt in developing countries

pixahive
The main long-term threat posed by the COVID-19 pandemic, according to World Bank (WB) analysts, is a systemic increase in educational, labor, and health inequalities in the developing world, rather than a brief spike in extreme poverty. School...

Iranian authorities call on residents to reduce gas consumption

pixabay
The Iranian Oil Ministry has advised citizens to cut back on their gas usage, which has risen to 650-660 million cubic metres per day in recent days, with a high of 692 million cubic metres on Friday. As a result, Iranians currently consume almost...

Serbia refuses lithium mining with Rio Tinto

pixnio
The Serbian government has officially abandoned a project with Australian-British Rio Tinto to mine lithium in the northwest of the country, plans for which have sparked massive environmental protests, Prime Minister Ana Brnabić said. Serbia's...
Management & Strategy

Credit Suisse chairman resigns over quarantine breach

Cayambe
Credit Suisse's chairman resigned after it was discovered that he had twice breached quarantine rules. Swiss Credit Suisse chairman Antonio Horta-Osorio has resigned after an investigation commissioned by the board found that he had twice breached...

Microsoft affected by Meta's employee poaching

ccnull.de
Microsoft has followed Apple in the wake of employee leakage to Meta. Competition for employees between the tech giants has intensified because of the development of meta-universes. Microsoft's augmented reality team lost around 100 employees last...

Scratch in the mind: One-minute negotiation technique

pxhere
Sometimes your idea is so strong that you don't even think about questioning the reality of your goal. The problem is that others don't particularly believe you. So your task is to move them from "we can't do it" to "maybe we will" and then to...

Forbes: Chinese billionaires were losing the most in 2021

Trey Ratcliff
Chinese billionaires have topped the list of wealthy individuals whose fortunes declined in the outgoing year, largely thanks to the regulatory efforts of local authorities, Forbes reported. The newspaper lists ten Chinese individuals who have each...