Consulting and auditing company PwC has published the results of its annual survey of CEOs around the world. Last year 29% of the top managers polled expected a slowdown in economic growth; in this year, however, the number went up to 53%, which was a record high. A survey conducted by PwC among 1,581 people from 83 countries was presented at the World Economic Forum in Davos, Switzerland. The...

The number of passengers passing through Asia's largest air harbor turned to be the smallest in 10 years. One of Asia’s busiest air harbors, the Chek Lap Kok International Airport in Hong Kong, has recorded the largest decline in passenger traffic over the past 10 years. Against the backdrop of protests in the special administrative region of China, which scared off tourists, in 2019 the number...

Capitalization of Alphabet, which owns Google, reached $ 1 trillion for the first time in its history. Prior to this, only three IT companies managed to achieve this market value: Apple, Microsoft and Amazon. The market value of Alphabet, the parent company of the search engine Google, reached $ 1 trillion for the first time for the first time in its history. At the time of publication, the...

The American corporation Apple bought Xnor technology company for almost $ 200 million, the Financial Times (FT) newspaper reported, citing sources. Xnor is a startup specializing in launching artificial intelligence (AI) systems for smart devices that can work offline and access cloud data. According to the newspaper sources, Amazon, Microsoft and Intel also bid for the startup. Apple’s proposal...

Toyota announced recall of approximately 696 thousand Toyota and Lexus cars in the United States due to possible malfunctions in the operation of the fuel pump, Fox News reports. As the company explained, the pump may stop working in these cars, and then the engines will start to work intermittently, warning messages will appear on the dashboard, and the car may suddenly stop. Such stops create a...

Value of stocks of electric car manufacturer Tesla exceeded $ 500 apiece during Monday trading on the NASDAQ, Forbes reports citing the exchange data. One paper of the company was worth $ 517.44. The price exceeded $ 500 for the first time.  The company's shares have been growing mainly since the end of October, during which time they have doubled in price. Last week, the company became...

Saudi state-owned company Saudi Aramco announced that it has fully implemented the option for an additional floatation of 450 million shares provided by the IPO’s conditions. The kingdom government will receive an additional $ 3.8 billion from this, and the total placement will reach a record $ 29.4 billion. In December 2019, Saudi Aramco placed 3 billion shares on the Saudi Tadawul exchange, or...

According to CNBC estimates, which used government data published by the Chinese Academy of Information and Communication Technology, sales of Apple products in China last December grew by more than 18%. The data shows that in December 2019, Apple delivered 3.2 million devices to China. A year earlier, in the last month of 2018, the volume of deliveries was 2.7 million. China is a key region for...

Former Head of Nissan Motor Co. Carlos Ghosn said he had fled Japan to save himself from "political persecution," accusing Japanese prosecutors and top executives of Nissan of conspiring against him. Ghosn spoke at a press conference in Beirut on Wednesday, calling himself a victim of the unfair Japanese system. "I did not run from justice. I ran from injustice and political persecution," he...