Competition had better watch out. If there is a territory where French companies have managed to remain mistresses, it is in cosmetics. This industry can rely on its companies whose products are exported to the delight of women and men around the world. Among the most successful companies abroad, Sarbec Cosmetics has managed to get in the game thanks to its brand Corine de Farme. Their secret?...

Hyperloop One company filed a counterclaim to one of its founders Brogan Bambrogan, accusing him of trying to take control of the company and desire to create a competitor. Hyperloop One company filed a counterclaim to one of its founders Brogan Bambrogan, accusing him and three former employees in an attempt to intercept the company’s management, and in creation of a competing structure while...

On the background of unstable exchange rates, the global manufacturer of cigarettes raised its forecast for net profit in 2016 from $ 4.45 to $ 4.55 per share. Excluding currency fluctuations, the company expects adjusted earnings per share to increase to 12% compared to 2015; most of the growth is believed to come in the IV quarter of 2016. For the period ended June 30, the volume of cigarettes...

In June, the IMF named Deutsche Bank the world’s riskiest financial institution. Experts believe that the bank is unlikely to repeat the fate of Lehman Brothers, but if it does happen, the consequences for the global financial system can be catastrophic. In late June, the International Monetary Fund (IMF) has called Deutsche Bank, still reeling from the effects of the global financial crisis of...

Japanese telecommunications company SoftBank Group is ready to buy British corporation ARM, produces processors for mobile devices, Financial Times reported, citing sources familiar with the situation. Estimated amount of the transaction numbers £ 24.3 billion ($ 32 billion). If the deal goes through, the purchase of ARM will be the largest in the history of European technology. According to...

In the II quarter, net profit of Citigroup Inc. decreased by 14% compared with the same period last year; at that, net profit of Wells Fargo fell 2.8%. Extremely low interest rates continue to put pressure on profitability of credit institutions. Net profit of US bank Citigroup Inc. in the II quarter of 2016 was $ 3.998 billion, or $ 1.24 per share, compared with $ 4.65 billion, or $ 1.45 per...

Shares of Swatch watches fell by 14% at the opening of trading on Friday. It happened after the company warned that profits in the first half of the year will be 50-60% less than a year ago. In fact, the true reason is quite simple: sales of luxury watches are falling. In 2015, exports from Switzerland fell for the first time since 2009, dropping by 11.1% compared to last year in April, according...

The corporation is suspected that setting limits on advertising opportunities of partner companies. Thursday, July 14, The European Commission has brought to Google new claims relating to promotional activities of the corporation. The idea is that the company, using a dominant position in online search, is limiting opportunities of partner companies to place advertisements of Google’s...

Market capitalization of Amazon online retailer got ahead of Warren Buffett's Investment Corporation Berkshire Hathaway. When trades were closed on July 11, Amazon's capitalization was $ 355.7 billion, while Berkshire Hathaway’s - $ 354.9 billion. The publication notes that Amazon’s quotes have been constantly increasing and updating the historical highs from mid-May. The most expensive company...