Effectiveness of investments in design is underestimated. Companies investing in this direction are one-third more profitable and generate one and a half times a greater flow of dividends and capitalization gains for shareholders. These findings of McKinsey & Co study are very unusual: everyone theoretically knows about significance of design for business, yet it is a peripheral activity for...

The European Central Bank confirmed plans to end the quantitative easing program to combat deflation in December 2018. In total, during the program, the regulator has bought up bonds (corporate and public debt) for $ 2.6 trillion. Funds from their repayment will be reinvested, but only after the key rate starts to grow. At the same time, at least until the end of the summer of next year, the bank...

The International Air Transport Association (IATA) expects that 2019 will be successful for the global aviation industry: net profit of airlines will grow by 9.9% to $ 35.5 billion, while revenue will turn out to be record - $ 885 billion. The forecast is based on expectations of lower fuel prices and global GDP growth of 3.1%. According to IATA experts, economic and political risks may have a...

Combination of several unique factors inspires hopes that rumors about death of the crypto market have once again been exaggerated. This year in the world of cryptocurrency is marked by several landmark events, some of which can be called even historical. Everyone who follows the news probably heard of them. But few people pay attention to an unprecedented combination of well-known and...

According to estimates of the German industry organization Frankfurt Main Finance, financial companies and banks will transfer assets in the amount of € 750–800 billion from London to Frankfurt before March 2019 in preparation for the UK’s withdrawal from the European Union. Press release of the organization noteds that, according to Frankfurt Main Finance, the European Central Bank received 37...

The financial sector is the largest taxpayer in the country, but experts fear a decline in fiscal charges after Brexit. Financial services companies in the UK paid a record £ 75 billion in taxes in the last fiscal year. However, the largest players in the City of London warned that Brexit could cut a hole in the industry’s tax revenues in the coming years if the agreement is not reached....

The decision to leave OPEC was made after Qatar considered ways of enhancing its role at the international level and planned its long-term strategy, Qatari Energy Minister Saad Al Kaabi said at a press conference in the Qatari capital Doha. "Qatar has decided to suspend its membership in OPEC since January 2019, and OPEC was notified of this decision this morning," the minister said. According...

Just a couple of months ago, the largest market participants predicted an increase in oil to $ 100 per barrel. However, expectations did not come true, and prices dropped two times lower than the target level. What does this state of affairs mean for the global economy? Energy-importing countries, for example, India and South Africa, will benefit, while oil producers, such as Russia and Saudi...

A significant drop in Bitcoin and other cryptocurrencies in 2018 do not change the fundamentals of Bitcoin in any way, according to the Canadian analytical-research company Blockchain Intelligence Group (BIG). The decline in the crypto market this year was caused by a combination of factors such as a large concentration of inexperienced investors entering the industry in 2017, regulatory...