Companies & CEOs
'Star Wars' Brand Is Estimated at $ 10 Billion - 02/01/2016
Brand Finance estimated that "Star Wars" brand is worth around $ 10 billion, according to the website of the consulting company. As the researchers point out, the seventh episode of the saga made Disney the most influential brand. Brand Finance estimated total cost of the studio’s brand at $ 31 billion. Numerous acquisition of other well-known brands (ESPN, Pixar, The Muppets and Marvel) became...
Netflix, Chill: Indonesian Internet Provider Attempts to Keep Netflix Away From Audience - 01/28/2016
Yesterday, the largest Internet provider in Indonesia, PT Telkom Indonesia, blocked access to the American video service Netflix. The provider explains the blocking by absence of the license, but analysts believe that local providers are afraid of competition from Netflix, which is rapidly winning the worldwide audience. Indonesian state Internet provider PT Telkom yesterday closed access to...
Shell's Owners Approved the Merger with BG - 01/27/2016
Shareholders of Anglo-Dutch oil company Royal Dutch Shell Plc voted in favor of the merger with the British gas company BG Group Plc. The transaction was supported by holders of 83.08% stake in Shell. Above that, the merger must be approved by BG’s shareholders; the voting will be held on Thursday. If approved, the deal will be closed by 15 February, Shell’s report says. In April 2015, Shell...
Twitter: The Story of Rise and Fall - 01/26/2016
The funds accumulated in the accounts of Twitter would be enough to operate the company for more than 400 years, according to USA Today, citing the assessment of S&P Capital IQ. As a result of the first three quarters of 2015, the company reported reserves of $ 3.5 billion. According to the calculations of S&P Capital IQ, Twitter has enough money to keep the company going during 412 years, if...
Ford To Close Operations in Japan and Indonesia - 01/25/2016
The American group has decided to cease its activities in the territory of Japan and Indonesia. Ford’s management has found these markets unprofitable and unpromising. Reuters referring to head of the Asia-Pacific division of Ford said that the American manufacturer has decided to leave the markets of Japan and Indonesia. The company concluded that to continue to work there makes no sense: sales...
Apple To Open App Development Center in Italy - 01/21/2016
Apple announced creation of the first European development center for iOS applications in Italy in order to provide students the opportunity to gain practical skills in developing applications for mobile operating system iOS. IOS applications development center will be located at a partner institute in Naples and will provide support for teachers, and set up a special curriculum allowing...
Microsoft Donates Clouds to Charity - 01/20/2016
Microsoft CEO Satya Nadella announced that cloud services worth $ 1 billion will be provided free of charge to non-governmental organizations, universities and laboratories within three years. More than 70 thousand organizations will receive free access to the cloud platform Azure, office suite Office 365, PowerBI services, customer relationship management systems (CRM) and so on. "What to do...
Shell Expects 2015 Annual Profit to Halve - 01/20/2016
Today, the British-Dutch oil and gas company Royal Dutch Shell has published its preliminary results for the fourth quarter and for the entire 2015. The company estimates that quarterly profit fall almost doubled to $ 1.6-1.9 billion, and the annual slump occurred to be even more dramatic, to $ 10,4-10,7 billion. Official results will be published on 4 February. Royal Dutch Shell today published...
Petronas Is Reducing Spending by $ 11.4 Billion - 01/19/2016
Petronas is forced to cut spending by $ 11.4 billion. The Malaysian state oil company had to work out new savings plans when quotes for Brent crude fell below $ 30 a barrel. The Capex reduction program is designed for 4 years. Petronas is the largest source of income for the country. One-third of the annual budget of Malaysia is formed from the proceeds of the company. Here we can draw quite...
Washington Recognized Cuba's Right on the Havana Club Brand - 01/18/2016
Cuban authorities were allowed to register the trademark of the famous rum brand Havana Club in the US market. Before, Cuba has been in a long-standing dispute with the private company Bacardi for this brand’s eligibility. Cuban state enterprise "Cubaexport" has got the right to register the trademark of the famous rum brand Havana Club in the US market. Office of Patent and Trademark Office has...
