The decision by US President Donald Trump to cancel the meeting with North Korean President Kim Jong-un scheduled for June provoked a rise in the value of gold on the world market. On Thursday, the metal quotes, after a week and a half break, soared above the level of $ 1,300 per troy ounce. However, in the absence of further escalation of tension in the US-DPRK relations, the price has a chance...

Sri Shivananda, Chief Technology Officer of PayPal, believes that, despite the growing volume of digital payments, many market participants are facing serious competition with the cash. The top manager believes that payment companies need to work even harder on security and personal data protection in order to convince consumers to switch to digital payments more actively. "The main competitor is...

Indian Minister of State for Civil Aviation Minister Jayant Sinha is confident that by 2038 his country will be the second market in the world in terms of the number of passenger flights. By that time, airlines will carry out about 1 billion flights a year, which will allow the Indian market to bypass the United States. The growth rate of the local air market is indeed impressive. Over the past...

Shale drillers in the United States still are spending more money than they earn, even when prices have risen and recovered to the highs of the end of 2014. The reason is growth of costs and hedging, which did not take into account the rapid price increase. Of the 20 largest US oil companies that focus mainly on shale oil, only five were able to get more cash than they spent in the first quarter...

The world oil market may face a situation of supply reduction for two reasons - because of sanctions against Iran and because of falling supplies from Venezuela, experts of the International Energy Agency (IEA) warn in its May report. So far, the agency has not been able to assess impact of the US withdrawal from the deal on the nuclear program to restrict Iran's deliveries, as the export of oil...

The League of the North and the Five-Star Movement (Movimento 5 Stelle, M5S), which have been struggling to form a government in Italy since the March elections, can soon reach an agreement. Then, it will open the door to creation of a joint government. All this seems to plunge the Italian markets into shock. Matteo Salvini, Head of the League of the North party, noted that the talks are at the...

Share of stocks of the companies from the local Chinese listing "A" in the MSCI China Index will amount to 1.26%, in the MSCI Emerging Markets Index – to 0.39%, MSCI said, publishing results of the next semi-annual rebalancing of the indices. Currently, calculation of the MSCI China index includes only shares of Chinese companies traded on foreign exchanges. Volume of shares of Chinese...

In 2019, the price of oil could rise to $ 100 per barrel, said analysts of BofA Merrill Lynch. Experts linked the price increase with reduction in world oil reserves and risk of a breakdown of supplies from Venezuela and Iran. These factors will definitely lead to a price increase of up to $ 90 per barrel, the experts are convinced. If OPEC decides to extend OPEC plus agreement and sanctions on...

According to a study by JD Power, about 30% of surveyed retail customers of American banks use only digital channels of interaction, that is, mobile and online banking. However, these clients are also one of the most dissatisfied with the quality of service. At the same time, the number of dissatisfied among those customers who communicate with their banks “offline”, that is, visit the offices,...