Streaming audio has already become a common thing. However, research shows that car owners prefer listening music via radio receivers or even CD players, and not via Internet. To expand their presence, streaming audio services are entering into agreements with automakers. They are discussing installation of special equipment and are looking for ways to convince users to download their...

Recent events in the currency markets led to a sharp increase in gold prices. At that, the rate of Bitcoin which was recently one of the main assets of shelters, grew less. Experts concluded that the unstable situation around the bitcoin made investors turn to the good old asset - gold. This week, the gold price peaked in August 2016 ($ 1,369.4 an ounce) amid the volatility of foreign exchange...

Leading experts and oil market analysts very rarely give accurate forecasts, concluded economists of the Economic Expert Group in a new study. Officials, companies, organizations and analysts give completely different forecasts for oil prices. And almost none of them guess the cost of raw materials, which makes many market participants have a stable belief that oil quotes have a completely random...

Saudi Arabia raised $ 11 billion in the sale of dollar bonds. The deal has become the largest for emerging markets this year, writes Bloomberg. The Kingdom conducted the placement quickly, without a road show procedure, ahead of its neighbor and political rival, Qatar. Qatar, boycotted by Saudi Arabia and other Persian Gulf countries, met with investors in the US and the UK this week before the...

China intends to launch a cross-selling mechanism between the Shanghai and London exchanges this year. This was stated by the head of the People's Bank of China, Yi Gang, speaking at the Asian Economic Forum in Bo'ao, Hainan Province, writes Bloomberg. The program with London Stock Exchange Group Plc will be the third system that will give foreigners access to the mainland China share market, and...

It is traditionally believed that business confidence and the situation in the economy are interrelated: one feeds the other, or both indicators deteriorate together. However, the actions of high-ranking officials conducting economic policies can make significant adjustments to this situation. Uncertainty about US economic policy under Barack Obama was higher than in the previous quarter of a...

One of the analytical sections published yesterday in the IMF’s new World Economic Outlook is devoted to analysis of the impact of industrial employment on productivity and the level of income stratification in the economy. It confirms that although employment in industry, in both developed and developing economies (except China), is declining, this does not necessarily lead to a slowdown in...

The rate of the Venezuelan currency has fallen more than previously thought, and the indicators on the shadow market also emphasize the strongest decline, reports Bloomberg. Prices on the closely monitored resource Dolartoday.com, which is known angering President Nicholas Maduro on state television, lagged behind other markers that show prices 30% lower. Although the American website listed a...

According to the Association of European Automobile Manufacturers (ACEA), 29 million LCVs are driving on the EU roads (data for mid-2016), and the average age of a car in this segment is 10.7 years. In 2017, 1.996 million new LCVs were registered in the region. It represents a growth of 3.9%, which is 80% of all sales of commercial vehicles in units. In 2016, the growth in sales of LCV was even...