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Companies & CEOs

ExxonMobil, SABIC to build a petrochemical plant in the United States

Brian Katt
American oil and gas company ExxonMobil and Saudi Basic Industries Corporation (SABIC) Petrochemical Corporation of Saudi Arabia will build a petrochemical plant in the US and the world's largest ethane steam cracking unit, the joint release of the...

Salesforce to buy Tableau for $ 15.3 bln

Salesforce to buy Tableau for $ 15.3 bln
IT company Salesforce.com concluded the largest deal in the field of mergers and acquisitions in its history by purchasing Tableau Software for $ 15.3 billion. Salesforce is known worldwide for its cloud-based CRM, and Tableau Software specializes...

Intel buys Barefoot Networks to compete with Broadcom

pexels
American Intel has agreed to buy a startup Barefoot Networks in order to expand the scale of its network technology and better compete with Broadcom, said the IT giant. Although Intel is the largest manufacturer of computer chips in the United...

BrandZ: Amazon is the most expensive brand of 2019

Aurelijus Valeiša via flickr
According to WPP and Kantar, the most expensive brand in 2019 is Amazon. The value of the online retailer's brand has increased by 51% to $ 315.5 billion over the year. Thus, Amazon pushed away Google and Apple corporations, which had been sharing...
Markets & Industries

Experts: Venezuelan oil export nearly stops

The Photographer
US sanctions against Venezuela resulted in additional drop in production by 35% since the beginning of the year, experts at the Washington Institute of International Finance estimated. Recall that in late January, the United States banned transfer...

Analysts: Pound Sterling will fall to 2 years low in case new PM supports hard Brexit

Mark Hodson Photos via flickr
British pound sterling will fall in price to a minimum of 2 years in the event that the new British Prime Minister becomes a supporter of the hard Brexit, say analysts polled by Bloomberg. In May 2019, British Prime Minister Theresa May announced...

Experts: US, China central banks can enter trade war

faungg's photos via flickr
Head of the US Federal Reserve System (FRS), Jerome Powell, said that he was closely following the situation with the negotiations on trade issues, and made it clear that he has a possibility to intervene if the tensions begin to slow down the...

IATA lowers forecast for airlines global profit by 21%

Vvlasenko
The International Air Transport Association (IATA), which represents about 290 air carriers in the world, announced a lower forecast for airline profits amid falling demand and increased costs. Back in December 2018, the association predicted that...
In-depth coverage

Filippo Ciarletti Executive Vice President and CTO at Mars&Co: "A strategy consultant must develop his architectural skills, i.e. the ability to put together science, creativity and the human dimension."

Mr Filippo Ciarletti, Italian born, raised in Switzerland, with degrees at Ecole Centrale de Paris (ECP), the MIT and INSEAD, followed by thirty five years in strategy consulting at Mars&Co where you serve as Executive Vice President and CTO. That should give you a rather unique perspective into the business challenges ahead.Could you first tell us how you see the fit between your personal stor...
>>> 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

Boris Johnson is getting close to UK Prime Minister position

BackBoris2012
On Thursday, British conservative parliamentarians were electing their party leader and, accordingly, the prime minister of Great Britain. It was possible to weed out three outsiders, and the remaining seven will continue to fight for the post of...

Benjamin Netanyahu’s wife accused of embezzling state funds

U.S. Embassy Jerusalem
Sara Netanyahu is accused of embezzling state funds in restaurants. The wife of the Israeli prime minister was ordered to pay €14 thousand to the treasury. Sara Netanyahu, the wife of Israeli Prime Minister Benjamin Netanyahu, must pay the...

BP: Global warming rates doubled

pxhere
Industrial emissions of carbon dioxide in the world have increased by 2% in a year. This is the maximum rate over the past 7 years, which can be explained by a record demand for electricity in the world, according to BP’s annual review of world...

EU to play against Italian Eurosceptics

Lega Salvini Premier
Inability and unwillingness of the Italian authorities to curb the growing debt are forcing the EU to initiate a disciplinary procedure in the amount of €3.5 billion. A report of the European Commission notes that this step is necessary, since Italy...
Management & Strategy

Here's why continuous improvement is bad for your product

Christiaan Colen via flickr
Each successful product prone to an insidious disease called "betterment", the main symptom of which is "insidious betterment". This disease seems inevitable, but there’s still a away to avoid it. Insidious betterment Suppose we create a...

Meta Leadership Primer: Switching Costs

Simply put, switching costs are the costs that will pass to the consumer as a result of changing products, suppliers or brands. The truth is that even though the vast majority of switching costs are expressed in a monetary way, there are other types...

How to work in the AI age

pexels
Thanks to development of technology, we are entering an era of radical business and work environment transformation. Progress has affected not only production. Today, artificial intelligence systems are integrated into all areas, from marketing,...

Meta Leadership Primer: Video Impacts On User Engagement

Meta Leadership Primer: Video Impacts On User Engagement
If you take a look around the Internet, you will see that most websites use videos. And there is a very good reason for it — they are perfect in what concerns user engagement. Images, sound and text (if done right) all in one nice package. Easy...