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Companies & CEOs

GE leaves Dow Jones Industrial Average

Momoneymoproblemz
Shares of the American conglomerate General Electric (GE), capitalization of which was the largest on the US and world market company at the beginning of this century, will be removed from the Dow Jones Industrial Average, said S&P Dow Jones...

ExxonMobil may start import of LNG to Australia

Minale Tattersfield via flickr
ExxonMobil Corp, the largest gas supplier in southeastern Australia, is considering a possibility of opening of LNG (liquefied natural gas) import to overcome the impending shortage of gas from 2021 and keep its share in the market, Reuters reports....

AT&T, Time Warner unite against competitors. What does it mean for the media market?

Mike Mozart via flickr
The US Justice Department said that it will not appeal against the court decision, which authorizes the merger of the telephone giant AT&T and cable corporation Time Warner. After that, AT&T announced completion of its deal with Time Warner, which...

SoftBank to invest in green energy in India

[puamelia] via flickr
SoftBank and the Government of India are expected to enter into an official agreement shortly after final agreements have been reached. It is expected that the company will invest through a fund supported by the government of Saudi Arabia, NHK...
Markets & Industries

Investors flee gold on Fed hikes

Ken Lund
Total assets of funds investing in gold fell to a two-month low, approaching a level of 2,200 tons. The tightening of the monetary policy of the US Federal Reserve System (FRS) against the background of lower inflationary fears is forcing investors...

Study: Bitcoin price can be influenced

Study: Bitcoin price can be influenced
Professors of the Faculty of Finance at the University of Texas at Austin seem to have found the reason why Bitcoin’s cost nearly tripled last year. In their study, they argue that it is fault of the Tether crypto currency. Its owners used it to...

Switzerland votes down the “sovereign money” initiative. What does it mean for global banking?

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The population of Switzerland rejected an initiative to provide the national bank of the country with a "full monopoly on money" at a national referendum. The idea of refusing fractional-reserve banking in the non-standard version gained only 24.3%...

Moody's: Aerospace industry will rise up

Moody's: Aerospace industry will rise up
Moody's agency issued another report on the state of the aerospace and defense industries, and gave a forecast for their development for the next 18 months. On average, the operating profit of companies related to these industries will grow by 7% by...
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

Germany, France to create a fund for reforms in the EU

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German Economy and Energy Minister Peter Altmaier and his French counterpart Bruno Le Maire announced creation of a special joint fund designed to support structural reforms in the EU countries. The new initiative is presented in a report released...

Referendum in Poland: A big question to the EU

Radosław Czarnecki
For several years, President of Poland Andrzej Duda has been repeating that the Constitution of the country, adopted in 1997, is outdated and needs to be amended. He prepared and presented for discussion a list of 15 questions for the referendum....

To accept or not to accept: The dilemma of migrants in Europe

Takver
The rescue vessel Aquarius with refugees from Africa has moored yesterday to the Spanish coast. More than 600 of its passengers can now apply for a refuge or residence permit in Spain and France. However, the conflict between the European countries...

Emmanuel Macron sets to sell state assets

Chairman of the Joint Chiefs of Staff
Long-awaited privatization of state assets begins In France. Paris confirmed that it intends to sell large blocks of shares in the airports operator ADP, the energy and gas company Engie and the organizer of lotteries Française des Jeux (FdJ). On...
Management & Strategy

Audi Supervisory Board appoints temporary head of the company

ITU Pictures
The Audi Supervisory Board suspended the authority of the company’s CEO Rupert Stadler and appointed Bram Schot as the interim head of the company. This is reported by Reuters, citing a source familiar with the situation. The managers of the...

Top five digital jobs

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Many jobs that have become familiar to us emerged just a few years ago. However, many of them have already become popular and highly paid. Below are the top five popular professions of the digital era. E-learning Developer  The dynamics of...

How marketing turned green coffee into bestseller

McKay Savage
Green coffee has become widely popular in recent years. Its sellers are receiving huge profits, and customers buy unroasted grains, regardless of taste qualities. Green coffee is taking over increasingly more countries: this product is sold on the...

How to become a good mentor for your trainee

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Many companies hire trainees who want to gain valuable practical experience. How to provide them with good practice? After all, you are expected to like them, because at the end of the practice he will return to the university and talk about how he...