The leader of the National Assembly of Venezuela threatens Goldman Sachs to refuse to pay $ 2.8 billion worth of bonds recently bought by the American bank. Julio Borges, the leader of the opposition-controlled congress, wrote in a letter to Goldman's head Lloyd Blankfein that "obviously, Goldman Sachs decided to quickly rid the Venezuelan people of suffering": "Given the dubious nature of this...

The French edition El Pais published some details on the road map for the development of Catalonia's independence, leaked from sources in the regional government of Catalonia. The secret document includes a plan for the unilateral separation of Catalonia from Spain, if its citizens fail to hold a referendum on independence this autumn. This caused a fierce reaction from Madrid. Spanish Defense...

Authorities of the US state of Hawaii sued automakers Ford, Nissan and Toyota defected airbags Takata in their cars. This was stated by Steve Levins, the state's director of consumer protection. Steve Levins believes that the automakers have chosen these airbags because of their cheapness, despite the generally available information that ammonium nitrate is an unstable and unpredictable chemical...

Finnish telecommunications equipment manufacturer Nokia and American corporation Apple have settled their dispute over the issue of patent law in the court, reports the Financial Times. Nokia accused Apple that the company used patented Finnish software technology and user interface, but did not license them. The American corporation, in turn, stated that the Finnish company violated 13 of its...

On Tuesday, the Hong Kong police detained 21 Uber drivers. All of them were arrested for providing taxi services without an appropriate license or third-party insurance. Uber has already stated that it will provide legal assistance to drivers, and that the company has an existing insurance agreement with AIG Insurance. Uber keeps meeting opposition of authorities in different parts of the world....

Leading chemical corporations - American Huntsman and Swiss Clariant - agreed to merge equals by exchanging shares. The deal will create a chemical giant with a total value of about $ 20 billion including debts. As press services of the both companies reported today, the boards of directors of Huntsman and Clariant unanimously supported signing the final agreement on the merger of equals by...

Aston Martin may begin preparations for an IPO in 2018, reports Bloomberg referring to informed sources. According to one of them, the company is summing up results for 2017 before choosing consultants to start the procedure of primary placement. The listing can be held in London. The sources specify that the final decision has not yet been taken, and the company may delay implementation of this...

Recently, Apple has become the first American company with capitalization exceeded the $ 800 billion mark. This news inspired rumors that release of the alleged "thousand dollar-worth" iPhone 8 will make Apple’s market cap rise to 1 trillion dollars. Since the beginning of the year, the company's share price has been on the rise, and sales of the iPhone were also doing well. It seems that Apple...

It looks like the world's oilfield services companies are quitting the period of stagnation. In the period from 2014 to 2016, oilfield services companies significantly reduced the number of employees. On average, about 35%, or about 300,000 employees of the world's 50 largest oilfield service companies, were forced to leave the oil and gas industry as a result of a protracted recession. Despite...