Companies & CEOs
Boeing is optimistic about future demand for aircraft - 07/18/2018
Boeing proved to be more optimistic than Airbus in forecasting the demand for planes until 2037. The American company expects that 42.7 thousand new aircraft worth $ 6.3 trillion will be needed in 20 years. Its European counterpart believes that the world will need 37.3 thousand aircraft worth $ 5.8 trillion. At the same time, the companies are segmenting the market in different ways. Experts...
Rio Tinto increases iron ore exports in Q2 - 07/17/2018
Anglo-Australian mining company Rio Tinto said that its supplies of iron ore from Australia in the II quarter increased by 14%. This is reported by Reuters. The company expects its annual iron ore supply will be at the upper boundary of the target range of 330-340 million tons, due to increased productivity and fewer weather-related failures compared to the same quarter last year. The volume of...
Airbus is preparing a record deal with Asian carriers - 07/16/2018
The European manufacturer is working on a major agreement with two Asian air carriers: AirAsia and StarLux Airlines. The result of negotiations can be transactions totaling $ 29 billion. According to Bloomberg, referring to its own sources, Airbus is working on a "blockbuster" agreement with AirAsia's largest carrier for the sale of aircraft for $ 23 billion. In addition, Airbus is close to an...
BCG names companies with the largest shareholders income - 07/13/2018
Consulting company BCG has presented the jubilee, twentieth issue of its Value Creators Report, in which companies are ranked based on the aggregate shareholder income for the previous five years (2013-2017). And according to this rating, the greatest profit for these years was received by those who invested in the world leaders of IT and media industry. Those who invested in securities of the...
How 2018 FIFA World Cup became a goldmine for Allianz - 07/12/2018
German Allianz is one of the main insurers of the FIFA World Cup. Yet, the company missed an excellent opportunity to earn on the national team’s fail at the World Cup. Before the start of the tournament, retailers in Germany offered various promotions and prizes that customers could receive if the German national team retained the title of champion. And they turned to Allianz for insurance to...
EU demands to impose a huge fine on Google - 07/11/2018
The EU antitrust regulator has promised to impose a fine in the amount of several billion euro on Google. The watchdog believes that the search giant is promoting its services using the Android operating system, thereby abusing its dominant position in the market. It is expected that the EU antitrust regulator will decide that Google, which is part of Alphabet Inc., has illegally abused...
What does North Sea strike mean for the market? - 07/11/2018
Benchmark crude oil rose in price on Tuesday, while the growth rate of Brent prices increased against the backdrop of a strike of oil workers in the North Sea. The strike reduced production in the Norwegian shelf for the first time in six years. However, the market expects a further decline in commercial oil reserves in the US: according to analysts surveyed by Bloomberg, they fell by 3.88...
BrandZ: The world’s most valuable brands belong to IT companies - 07/10/2018
The world's largest brands have lately been increasingly complaining that it is very difficult to convince young consumers to remain faithful to one brand. Earlier, buyers preferred to buy familiar and well-established brands. Now, however, young people are increasingly trying something new. Therefore, it is more and more difficult for companies to sell their goods and services. Nevertheless,...
PayPal to spend up to $ 3 billion a year on M&A - 07/09/2018
PayPal Holdings Inc is looking for new acquisition options after the recent takeover of iZettle, which became the largest deal in the history of the American payment company, Reuters reports. "We have a healthy balance sheet and we are ready to work on buying more companies," said PayPal President and CEO Dan Schulman in an interview with the German newspaper Handelsblatt. PayPal is ready to...
The EU to arrange negotiations on Trump tariffs with carmakers - 07/05/2018
The EU authorities are planning to organize international negotiations with the world's largest automakers to develop a compromise plan that would help prevent introduction of strict import duties on cars and auto components in the United States by Donald Tramp. In the US, economists warn that imposing duties can hit the economy of those American states that once voted for Mr. Trump in the...
