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Companies & CEOs

Facebook and Google kicked out of the top 10 best US employers

Vince Smith
Technology giants Facebook and Google are no longer among the top ten US employers according to Glassdoor. Recently, there have been conflicts between employees and management in both companies. Facebook and Google dropped out of the top ten of the...

Chevron to leave Canadian LNG project Kitimat

Jonathan McIntosh
The Canadian division of the American oil and gas company Chevron plans to withdraw from Kitimat LNG project in British Columbia, where the company owns 50%, the firm said. Chevron notes that the decision on the LNG project was within optimizing the...

Swedish Ericsson accused of bribing officials around the world

Swedish Ericsson accused of bribing officials around the world
The US Securities and Exchange Commission (SEC) accused Swedish Ericsson of participating in a fraudulent scheme that involved the use of fictitious consultants to secretly transfer money to government officials in several countries. According to...

Eight steps to reform your company smoothly

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Attempts to introduce change in organizations most often fail. There are four reasons why people resist change:   • Narrow ownership interest, • Misunderstanding and lack of trust, • Different assessment of the situation • Lack of willingness...
Markets & Industries

Asian Nikkei hits 2019 record high

Dick Thomas Johnson
Key Japanese index Nikkei reacted to the news about trade agreements between the US and China with active growth. On December 13, at the opening of trading on the Tokyo Stock Exchange, it reached the highest level this year. Only in the first 10...

China expects car sales to fall by 8% in 2019

Kuruman
Car sales in the country will fall by around 8% in 2019, marking the second annual decline for the world's largest auto market, the Chinese Association of Automobile Manufacturers (CAAM) predicts. Last year, a decline of about 3% was recorded, which...

SEC rejects NYSE's suggestion on alternative to traditional IPO

Meutia Chaerani / Indradi Soemardjan
The Securities and Exchange Commission (SEC) rejected the offer of the New York Stock Exchange (NYSE) to create a new type of direct listing that would allow companies to raise capital. The NYSE spokesman confirmed that the SEC rejected the proposal...

Study: Digitalization slows inflation down

pxhere
Digitalization of the economy reduces the rate of inflation, says authors of the IMF’s paper. In particular, the use of new technologies can result in lower production costs (and, consequently, prices. At that, emergence of companies such as Amazon,...
In-depth coverage

For Oberthur Fiduciaire, the fiduciary industry is a key partner of Central Banks

Central Banks officials have been cutting interest rates in response to ongoing trade tensions in an effort to mitigate economic fallout. This is one of a number of ways that the European Central Bank, the Bank of Japan, and the Federal Reserve, in particular, have unique influence over the global economy. It is easy to forget that central banks are also responsible for creating the physica...
>>> 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

Israel to hold extraordinary and unprecedented third election in a year

by U.S. Department of State
The Israeli Knesset officially announced its dissolution after all attempts to form a government failed. The last decision of the MPs was to adopt the law on the repeated parliamentary elections. They will be held on March 2, 2020. For the first...

Will Japan-like stagnation infect the world?

needpix
This year, economists again spoke loudly about the world economy stepping on the Japanese way. This “disease” has already swept Japan and Europe, where it came in the form of quantitative easing and negative interest rates on deposits and bonds....

Saudi Arabia approves draft budget for 2020 with deficit of almost $ 50B

needpix
King of Saudi Arabia Salman bin Abdulaziz Al Saud approved the Kingdom’s draft budget for 2020 with expenditures of 1.02 trillion riyals (almost $ 272 billion) and revenues of 833 billion riyals (more than 222.1 billion dollars); deficit estimated...

China's trade decline with the US keeps pace

Global Jet via flickr
In January-November, China’s trade with the United States against the backdrop of the trade war lost 15.2% compared with the same period in 2018, rolling back to the level of $ 494.45 billion, follows from the data of the PRC Main Customs...
Management & Strategy

4 cases when you need mindfulness in the office

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People spend increasingly more time and energy at work. Frequent stresses, competition, toxic colleagues (and so on and so forth) exhaust us. Awareness can help deal with this. Here are 4 cases when you should call it to the rescue. When you get a...

Saxo Bank publishes Outrageous Predictions 2020

Gage Skidmore
When publishing its Outrageous Predictions, Saxo Bank emphasizes that this paper is not an official bank forecast for investors and other market participants. However, the bank does not exclude that “many investors may be mistaken in evaluating...

What to do if your company is in crisis: A manager's guide

pxhere
We all have faced many crises in life. Sometimes a personal turning point or problems in business cause unbearable pain. You may feel overwhelmed, confused and depressed and not know what to do. According to John Chambers, CEO of Cisco, the largest...

How to make your meetings productive

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We organize meetings to solve problems, generate ideas, and monitor the progress of the project. But often we get the opposite effect: lost time (and sometimes money), fatigue, uncertainty. So, how to conduct work meetings anyway? Do you really need...