Almost 30% of business executives believe that there will be a slowdown in global economic growth over the next 12 months. This opinion is held by almost six times more respondents than last year (5%), which represents a record jump in pessimism. This is one of the main results of the 22nd PwC 21st Annual Global CEO Survey, which this time was attended by more than 1,300 people from all regions...

IMDb website announced launch of its streaming service. TV shows, IMDb videos and Hollywood movies are now available to Freedive users from the United States. The fastest growing segment of streaming content is video, accompanied by a certain number of advertisements (AVOD, advertising video on demand). The number of people who are increasingly refusing traditional TV services continues to...

Apple will hire less employees due to low sales of the iPhone, reports Bloomberg, citing sources familiar with the situation. This news was reported to company employees by Tim Cook, the company’s CEO, at a closed meeting. When asked whether Apple would completely stop hiring workers due to the current economic situation, Cook assured that he does not consider this the right solution to the...

The US federal prosecutor's office is conducting a criminal investigation against the Chinese Huawei Technologies Co. on suspicion of stealing commercial secrets from US business partners, including mobile operator T-Mobile US Inc., writes The Wall Street Journal, citing informed sources. The investigation is at a late stage, and the federal prosecutor may charge Huawei in a short time, the...

In January 2019, Microsoft signed another contract with the US Department of Defense. This time it is about providing the Pentagon with corporate services for five years (until January 10, 2024) in the amount of $ 1.76 billion. Microsoft has entered into a major contract with the US Department of Defense, reports Reuters. The contract provides for the delivery of corporate services to the...

Divorce of the richest couple in the world is not an event that investors can miss. Can the already highly acclaimed split ultimately affect shares of the e-commerce giant, which is currently the most valuable publicly traded company in the world? Amazon investors don't seem to be too concerned about the news that Amazon CEO Jeff Bezos and his wife Mackenzie are planning to divorce. Despite the...

Payment companies Visa and MasterCard applied for a license to work in China as early as mid-2017. However, as sources of the Financial Times (FT) say, they have not yet been considered. This way, the Chinese authorities are bypassing rules adopted in 2017 under the pressure of the World Trade Organization (WTO): they do not prohibit foreign companies to operate independently in the Chinese...

A French court is considering the possibility of re-investigating the case of Danske Bank A/S, the largest bank in Denmark, about money laundering through its Estonian unit. As stated in a press release from Danske Bank, in January of this year, it received a call for questioning by a judge of the Paris Tribunal in order to discuss the current state of affairs. About a year ago, the French...

Larry Ellison, one of the founders of Oracle Corp., unveiled data on investments in Tesla Inc. He stated that he owns 3 million shares of the American manufacturer of electric vehicles, estimated at $ 1 billion. Thus, Ellison owns a 1.75% stake in Tesla, and he ranks second among the largest individual investors of the company after its founder Elon Musk (owns about 20% of Tesla). Ellison owns...