The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Novartis net profit for 2019 decreases by 7%

--Andrew- via flickr
The net profit of the pharmaceutical company Novartis in 2019 amounted to $ 11.737 billion, showing a decrease of 7% compared with the previous year, the company said. The diluted earnings per share for the year totaled $ 5.06 versus $ 5.38 a year...

Former Volkswagen Group Seat director Luca de Meo to head Renault

AUDI AG via flickr
Luca de Meo has been appointed as Renault's chief executive officer, the company said. Previously, Mr. de Meo headed the Volkswagen Group Seat. “Luca de Meo is a great strategist and visionary of the rapidly changing automotive world. His...

Brazilian watchdog greenlights Boeing-Embraer deal

The Lamb Family via flickr
The American aircraft manufacturer aims to buy 80% of the commercial aviation division of the Brazilian giant. The Brazilian regulator approved a deal between Boeing and Embraer. The strategic partnership between the American and Brazilian aircraft...

Indian goverment to sell 100% of Air India

Mark Harkin via flickr
Indian authorities approved sale of 100% of the shares of the national air carrier Air India, whose total debt obligations are estimated at $ 8.45 billion. The "Government of India gave "principal" approval for the strategic termination of Air...
Markets & Industries

Experts: Bankruptcies will rise in 2020

Artaxerxes
The number of corporate bankruptcies in the world in 2020 may grow by 6% amid the still low growth rates of developed economies, trade disputes and political uncertainty, experts at Euler Hermes insurance company (part of the Allianz group)...

Saxo Bank expects climate change in stock market

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Danish Saxo Bank presented its forecast on global stock markets, the foreign exchange market, commodity markets and bonds for the first quarter of 2020. “For the first time after the Second World War, a shift is taking place right in front of us,...

EU, England, Japan, Switzerland join forces with Bank for International Settlements to tame cryptocurrencies

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The Bank for International Settlements (BIS) announced creation of a joint working group with the central banks of the EU, England, Sweden, Switzerland, Japan and Canada. Within the group, the central banks of these countries and BIS will evaluate...

China shows record steel production in 2019, aluminum production falls

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In 2019, steel production in China reached a record level of almost 1 billion tons. At the same time, annual aluminum production fell for the first time in 10 years, the State Statistical Office of China reported. The world's largest steel producer...
In-depth coverage

In Russia, the French won more than the World Cup

For some people in France, victory was achieved long before the finals. The French national soccer team returned victorious, and so did companies like Louis Vuitton, Metalu Plast or Freyssinet. With a record-high budget for the FIFA 2018 edition in Russia, numerous French companies acquired not only profitable contracts, but a level of publicity they had rarely achieved before. Be it in luxur...
>>> 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

Congress predicts increase in US public debt to a record level

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In the past decade, the US budget deficit will exceed $ 1 trillion, and public debt will rise to the highest level since the Second World War, Congress analysts predict. The US Congressional Budget Office (CBO) predicts an increase in US government...

Chinese coronavirus outbreak: "Extremely serious" situation

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Chinese coronavirus, which appeared in Wuhan, is becoming more dangerous. According to the authorities of the PRC, the disease is now easier to transmit from person to person. The new virus has killed more than 50 people, infected more than 2...

Luigi Di Maio leaves his seat - but not his powers

Camera dei deputati via flickr
Italian Foreign Minister Luigi Di Maio is no longer the political leader of the Five Star movement, but retains at the ministerial post. He explained his decision by saying "that the time for change has come." At the same time, the politician added...

Donald Trump announces “outstanding changes” in the WTO

Gage Skidmore
US President Donald Trump was the main newsmaker on the second day of the World Economic Forum (WEF) in Davos, Switzerland. He announced negotiations on WTO reform, which had come to a standstill primarily because of the position of the US itself....
Management & Strategy

5 signs of toxic coworkers

5 signs of toxic coworkers
Work can take everything from us not only because of work overload. Toxic colleagues are the main source of energy drains. Here are several signs of such people. Do you know someone who behaves like that? Even one of the points is a good reason to...

Samsung appoints new mobile chief

Jamie McCall
Samsung Electronics has announced appointment of a new head of the company's mobile division. The chair will be taken by 51-year-old Roh Tae-moon; he will become the youngest head of Samsung Mobile in the history of the corporation. Previously, Roh...

How to get your priorities right

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Each of us at least once had a lot of tasks and too little time to do them all. Choosing what is really important is not as easy as it may seem. Morning clarity The main thing to remember: if everything is a priority, it means that priority is...

Three conditions for employee engagement

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How are emotions, thoughts, and actions connected in the nervous system? When a reaction to a negative event engulfs us, it’s blinding. At this moment, we concentrate mainly on the source of pain. We cannot process information, think creatively and...