The rapid expansion of Amazon into new market sectors - from cloud technologies to robotics - drew attention of many experts. Some have already included this company in the list of "frightening five" along with the ubiquitous Google, Apple, Facebook and Microsoft, and some are just wondering what new industries will the company discover. Last week it became known that the company Amazon is...

Graphics software maker Adobe continues to increase revenue through the digital business. Revenue for the second quarter (ended June 2) in 2017 increased by 27.3% compared to the financial results of the second quarter of 2016 - to a record $ 1.77 billion against $ 1.39 billion. For the three-month period ended June 2, 2017, Adobe's net income rose 53.4% to $ 374.3 million, or 75 cents per share,...

The British Serious Fraud Office today filed charges of fraudulent collusion against Barclays and its former top managers. The management believes that attraction of investments from Qatar, which allowed the bank to avoid nationalization in the midst of the financial crisis, was held with violation of the law. Former CEO of Barclays Plc John Varley, former Executive Chairman of the Board of...

The investment in the new plant will be about one billion euros, the staff will have about 700 employees. Chairman of the Board Robert Bosch GmbH Volkmar Denner says: "The new semiconductor plant is Bosch's largest investment in more than 130 years of the company's history". Dirk Hoheisel, Member of the Board Robert Bosch GmbH comments: "As one of the industrial centers, the Federal State of...

Signing of a $ 350 billion-worth arms trade agreement between Saudi Arabia and the United States may not be sufficient to convince the Saudis that the initial placement (IPO) of the Saudi company Aramco, which is expected to be the largest in the history of the markets, should be held in New York. Saudi Aramco’s leaders are pushing the King of Saudi Arabia and his son, Crown Prince Mohammed bin...

Spain's largest bank, Santander, announced acquisition of 100% of the share capital of one of the largest Spanish banks, Banco Popular, after the European Central Bank stated its non-viability and called for the safety of investors, Bloomberg said. According to representatives of Santander Bank, this operation will be closed with a symbolic value of €1 in order to prevent Bank Popular’s...

Shares of Toshiba rushed up amid rumors that the Japanese vendor decided on a buyer of its semiconductor unit, reports The Financial Times. Toshiba’s shares started growing after Japanese edition Asahi reported that American chipmaker Broadcom is close to obtaining exclusive rights in the auction for Toshiba's business of producing NAND flash memory chips. It is also noted that in June Toshiba...

French power has never been as effective as a marketing strategy in China but as of now. In almost all of the major cities in this economic power house, the French touch is everywhere to be seen. The number of brands that use French names, boasting of sophistication and refinement, is testimony to the fact. Starting with the most famous luxury to fashion and cosmetics and even car brands adorn...

The Italian authorities are getting ready to recapitalize the Banca Monte dei Paschi di Siena SpA after the European Union and Italian officials have agreed on a draft plan that will include the further restructuring of the world's oldest bank, Bloomberg reports. European Commissioner for Competition Margrethe Vestager and Italian Minister of Economics and Finance Pierre Carlo Padoan reached an...