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Companies & CEOs

Nestle increased quarterly revenue by 2.8%

rahego via flickr
Revenue of the Swiss company Nestle SA in the first quarter of 2018 increased by 2.8% (organically). Consensus-forecast of Bloomberg was 2.5%. The growth in sales of one of the world's largest food producers accelerated in the reporting quarter to...

British business wants to live by European rules after Brexit

Lewis Clarke
The British business will suffer serious losses if they stop following rules and statutory acts of EU after Brexit. This is stated in a study of the Confederation of British Industry (CBI), representing the interests of 190 thousand companies....

Novartis buys American AveXis for $ 8.7 bln

--Andrew- via flickr
Novartis concluded an agreement to acquire the American company AveXis, which develops drugs for gene therapy at the clinical stage. The deal amounts to 8.7 billion dollars or 218 dollars per share, Novartis said. "Novartis announces that it has...

Zuckerberg: Repairing breaches in Facebook will take several years

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It will not be possible to solve the problem with the security of data in Facebook in a few months, said the founder of the social network Mark Zuckerberg. According to him, about 14 thousand people are working to ensure security of information in...
Markets & Industries

Venezuela: Oil in exchange for a catastrophe

DJANDYW.COM via flickr
The Venezuelan oil industry, just like all other branches of the economy, is now in a severe crisis. The situation in the oil industry has once again confirmed the difficult condition of Venezuela's economy: Caracas is spending millions of dollars...

Investor activity in the healthcare market reaches a 10-year maximum

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Bain & Company consulting company released a report on activity of investors in the healthcare and pharmaceutical sector in 2017. Private equity funds and private investors spent $ 42.6 billion to buy such companies throughout the world, which...

Portfolio managers are afraid of a possible trade war

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Managers of the largest investment funds are concerned about trade confrontations between the US and China. And they are reducing investments in shares of companies from developed countries while simultaneously increasing the share of cash in their...

Music streaming services are fighting with radio and CDs in cars

StockSnap via flickr
Streaming audio has already become a common thing. However, research shows that car owners prefer listening music via radio receivers or even CD players, and not via Internet. To expand their presence, streaming audio services are entering into...
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

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

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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,...

Silvio Berlusconi's supporter takes up formation of the Italian government

Sarah-Rose via flickr
The President of Italy, Sergio Mattarella, handed to the Speaker of the Senate Elisabetta Casellati an exploratory (trial) mandate, which implies checking the possibility of forming a parliamentary majority on the basis of the "Right Center" and the...

German social democrats are urging for rapid reforms in the euro area

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German Social Democrats have increased pressure on conservatives of Chancellor Angela Merkel to support proposals for reforming the Eurozone, according to their coalition agreement, Reuters reports. Those conservatives that support Merkel also want...
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

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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...