US oil and gas giant ExxonMobil plans to invest billions of dollars in the US economy due to the recently approved reduction in corporate tax rates in the US, the company's executive director said. The head of the world's largest publicly traded oil producer Darren Woods wrote in his blog on the company website that Exxon expects to spend $ 50 billion on projects in the US over the next 5 years....

The economic and monetary union, as its architects expected, was to provide the EU with macroeconomic stability, GDP growth and equalization of the incomes of the population of rich and poor countries, lower interest rates, increase capital mobility and stimulate trade. However, real convergence of incomes did not happen, and forced unification of rates with a continuing gap in inflation and...

Silicon Valley is breaking records. Under President Donald Trump, the costs of lobbying his interests for some of the companies have doubled. What is the reason for such high costs and how are Google and Apple coping with the new reality? During the first year of Donald Trump's presidency, large companies spent record amounts of money lobbying their interests in the White House, as follows from...

The bank, which is the eighth largest in terms of assets, is going to create its own virtual token and crypto-exchange. Without taking into account the correction, the growth of the crypto-currency market practically did not stop during the last year. For the period from the beginning of 2017 to January 7, 2018, the aggregate market capitalization of all crypto-currencies has increased by more...

One of the world's leading manufacturers of video cards for computers and laptops, Nvidia, is extremely unhappy with the high demand for its products and the fact that its prices in 2017 almost doubled. This dissatisfaction is caused by unprecedented boom in the video card market, related to "crypto-currency fever". The miners are buying up almost all the goods in stores, because of which the...

Last night, the American auto concern Ford presented the results of its activities for the fourth quarter and all of 2017. The company's profit grew by 65%, but the reaction of the stock market turned out to be rather cool due to the fact that the company showed a slowdown in sales growth. Earlier, the company's management admitted that there are not so many reasons for optimism against the...

For more than ten years, heads of thousands of companies from different countries and industries have been naming Apple the most innovative company in the world. Google has just as consistently followed the company. Recently, however, the top 10 of this rating have undergone major changes, among which, for example, the emergence of the Chinese online retailer Alibaba, the first time generally...

YouTube, the most popular video hosting in the world, announced new rules and toughening the process of monetizing content. Google, the company that owns YouTube, went to these unprecedented measures after a scandal with advertisers. The latter were outraged by the fact that their ads were showed along with videos, which portrayed manifestations of racism, violence and cruelty. Last year was...

SoftBank Group Corp. plans to hold an IPO of the Japanese telecommunications division SoftBank Corp., which could bring the company about 2 trillion yen ($ 18 billion), the newspaper Nikkei writes. According to the newspaper, SoftBank intends to apply for the division’s IPO in the spring of this year, and expects that the company's shares will begin to trade in the fall. The company is also...