Fast food restaurants chain KFC faced a real crisis, which forced the management to close a huge number of restaurants in the UK. The problems started with a new logistics company: after the computer malfunction the chickens were left to rot in the warehouse, and the restaurants were empty. The unexpected closure caused a violent reaction from visitors - customers reached the police, demanding to...

The largest by market capitalization bank in Europe recorded pre-tax profits of $ 17.17 billion in 2017 compared to $ 7.1 billion a year earlier. 17 analysts polled by Thomson Reuters, on average, forecast a profit of $ 19.7 billion. These estimates did not take into account the write-off of $ 1.3 billion in 2017, caused by the tax reform in the United States. The lender said it plans to raise...

Airbus SE has promised a profit growth of 20% this year, provided that the company will be able to smooth production problems in the two key aviation programs. The company's shares have shown the maximum growth since 2012, reports Bloomberg. The European Aircraft Corporation completed in 2017 with a record volume of unfulfilled orders and delivered more aircraft than ever before. The company's...

Comcast Corp. returned to t consideration of the purchase of part of the 21st Century Fox assets. Earlier, the cable operator left the negotiations after Fox rejected its offer of $ 60 billion. After that, Rupert Murdoch's corporation agreed to sell its assets to Walt Disney, while the amount of the deal could be 15% less than the one offered by Comcast. According to sources, the choice of a...

Twitter Inc. on Thursday reported on quarterly net profit for the first time ever. At that, the company's results exceeded Wall Street forecasts amid rising sales of video advertising, while the fight against fake accounts led to the fact that the number of users of the social network did not meet expectations, reports Reuters. The company reported in October that it could for the first time make...

Twenty years ago, the market barely existed. Today, it carries major operators which count employees by the hundreds and income by the hundreds of millions, with Wonderbox at the top. Because the market was created ex-nihilo (the first operators did not respond to a demand, but created it themselves), it became an excellent case study for early market development. How did a non-existing market give birth to a European leader worth nearly 200 million euros in sales in just a few years?

A few days ago, Donald Trump boasted of success in the economy and finance. Yet, the collapse of the stock indices put him in an embarrassing situation, Bloomberg notes. Super-rich, who lost billions of dollars in one day, were harmed, too. The turbulent events in the US stock market broke the longest growth in its history and dealt a severe blow to members of all lists of America's richest...

There is a storm in the sector of chip production now, and the stakes rose to one and a half hundred billion dollars. The merger of Broadcom and Qualcomm will create an absolute leader in the chip market. Broadcom Ltd, which wants to absorb or merge with Qualcomm Inc., made a new proposal and it is difficult to resist. The US chip maker has raised the offer to almost 145 billion dollars. Thanks...

Apple announced financial results for the first quarter of fiscal year 2018, which ended December 30, 2017. The company's earnings for the past holiday season increased. Yet, this did not save the stock from falling as the forecast for the next quarter upset Wall Street. Apple's revenue for the quarter was $ 88.3 billion, up 13% from a year earlier, while net income per share for the period was $...