One of the world's largest companies serving the oil and gas industry, Halliburton, reported writing off $ 358 million of investments in Venezuela. This is the last package of funds invested earlier in the oil sector of the Latin American country. The financial director of Halliburton, Christopher Weber, explained the write-off with deterioration of the political climate in the country, as well...

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 2.6%. The effect of the price increase was 0.2%, which reflects a slowdown in inflation in emerging markets, the company said. Given the positive...

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. Brussels, meanwhile, is preparing for Brexit. From now on, they will publish statistical forecasts, including without taking into account the indicators of...

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 entered into an agreement and a merger plan with AveXis regarding the acquisition of the latter for $ 8.7 billion," Novartis said. At the close of...

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 the company, but even they will need several years to solve this problem. "I would like us to overcome this, but it will take several years... I...

Quotes of Intel fell 9% after Bloomberg reported that Apple would refuse the partnership with the supplier of chips for Mac computers. Apple will begin to switch to the chips of its own production since 2020, starting with the PC sector, and then integrating them into their smartphones. At the moment, Apple uses its own chips in the iPhone, iPad, Apple TV and Apple Watch. A new initiative called...

China's previously announced response to imports from the US has entered into force on Monday. Beijing is urging Washington to negotiate in order to prevent even more damage to relations in the sphere of trade, Reuters reports. The US did not respond to China's request on March 26 to hold consultations on US duties on steel and aluminum, the Ministry of Commerce of the PRC says in a statement....

Swiss Re AG shares jumped after Bloomberg reported that the Japanese SoftBank Group Corp. is approaching the purchase of a 25% stake in the Swiss reinsurer, valuing the company at 37 billion francs ($ 39 billion). In case of acquisition of a stake in Swiss Re, the founder and general director of SoftBank Masayoshi Son could support his business empire due to stable cash flows from reinsurance....

Quotes of Amazon fell more than 5% after media reported about the "obsession" of US President Donald Trump with an idea to increase the tax burden on the company. The reason for the sharp decline in the shares of the world's largest Internet trading company in was a publication Axious magazine. The magazine, referring to anonymous sources allegedly close to Trump, told that the American president...