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Companies & CEOs

The Cambridge Analytica scandal did not affect Facebook’s revenue in Q1

theglobalpanorama via flickr
American Facebook Inc., which owns the world's largest social network, recorded record profits in the first quarter of 2018 and increased revenue by 49%. American Facebook Inc., which owns the world's largest social network, recorded record profits...

Altaba to pay $ 35 mln to get rid of SEC’s claims

Yahoo Inc via flickr
Altaba Inc. (former Yahoo! Inc.) will pay $ 35 million to settle claims of the Securities and Exchange Commission (SEC), which considered that the company misled investors, without disclosing the information about the major hacker attack, a victim...

NYSE takes away high-tech companies from NASDAQ

Ian Lamont via flickr
Listing on the New York Stock Exchange (NYSE) is looking increasingly attractive to high-tech companies, even though they previously preferred to be placed on the specialized high-tech exchange NASDAQ. Experts note that as the business of former...

Halliburton writes off $ 312 million investment in the oil industry of Venezuela

WhisperToMe
One of the world's largest companies serving the oil and gas industry, Halliburton, reported writing off $ 358 million of investments in Venezuela. This is the last package of funds invested earlier in the oil sector of the Latin American country....
Markets & Industries

Competition tears German renewable energy market apart

Nenad Kajić / Veneko.hr
Fixed tariffs, which guaranteed investors 20 years with a fixed price of € 0.51 per 1 kWh of generated energy, were one of the main market measures in Germany. They were aimed at stimulating the development of renewable energy sources (RES). The...

Does smart farming have a future in the retail market?

CIAT International Center for Tropical Agriculture via flickr
The concept of smart farming (development of intelligent systems that control all natural processes of cultivation and allows to forecast the harvest) from the farms outside the city has moved to consumers' apartments. Will the manufacturers of home...

Infrastructure crisis endangers US shale oil production

Annette Teng via flickr
Factors restraining the growth of oil production within the Permian basin are beginning to trouble the oil market. Some analysts even began to say that shale mining in the US may not justify the high hopes placed on it. The excitement in West...

Housing rental threatens the UK budget

Doug Waldron via flickr
A British Research organization The Resolution Foundation predicts that about a third of local millennials may never become home owners until retirement. This could sharply increase budget spending in the Kingdom, when older and already retired...
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

Will Macron’s visit moderate Trump’s policy toward Iran?

whitehouse.gov
President of France Emmanuel Macron paid his first state visit to the United States. Meetings and negotiations in Washington will largely determine future relation between the US and its European allies as President Macron arrived in Washington to...

IMF: Spanish have become richer than Italians

SubtlePanda
Spanish GDP per capita in 2017, at purchasing power parity, surpassed that in Italy for the first time since 1998, states a report by the International Monetary Fund (IMF). According to IMF forecasts, in five years the Spanish indicator will be 7%...

China and the US are looking for allies in the trade war

CDC Global via flickr
Everybody, including Beijing and Washington, realizes that the longer the trade war between China and America lasts, the more damage will be done to the world economy. Nevertheless, the conflict will apparently linger for a long time, because no one...

World Bank: One third of Earth population has no access to financial services

pixabay
Various financial services have covered two-thirds of the world's adult population. 69%, or 3.8 billion people, have bank accounts or a mobile payment service provider, according to a World Bank (WB) report on the use of financial services. In 2011,...
Management & Strategy

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...

BCG: Corporate banks have only two to three years to rethink their business

Kaboompics
According to a new report of The Boston Consulting Group, almost half of corporate banks are now losing profits. The researchers believe that only those who carry out a complex digital transformation of their operations will be able to survive. It...

BCG finds a formula for a long and happy business life

Kaboompics
The BCG Henderson Institute found what companies should do to remain viable in the long term. Experts note that large and successful firms that have long and firmly held leadership positions on the market are now the most vulnerable. Resting on your...

The Platform Revolution: How Alibaba conquered the global market

leighklotz via flickr
Networked markets are changing the economy and the world around us. One of the successful examples of the modern platform is the Chinese company Alibaba, which in 2014 held the largest ever public offering of shares. Let's find out how the Chinese...