The concept of smart farming (development of intelligent systems that control all natural processes of cultivation and allows to forecast the harvest) from the farms outside the city has moved to consumers' apartments. Will the manufacturers of home gadgets open a new market? With the advent of the Internet of Things (IoT) and big data, many technologies that seemed only a distant future, have...

Factors restraining the growth of oil production within the Permian basin are beginning to trouble the oil market. Some analysts even began to say that shale mining in the US may not justify the high hopes placed on it. The excitement in West Texas predictably led to numerous problems at all points of the value chain. Oil drillers are facing rising costs for labor, drilling rigs, maintenance...

A British Research organization The Resolution Foundation predicts that about a third of local millennials may never become home owners until retirement. This could sharply increase budget spending in the Kingdom, when older and already retired tenants will begin to demand a subsidy for renting an apartment. Last week, the British research organization The Resolution Foundation published a study...

The Venezuelan oil industry, just like all other branches of the economy, is now in a severe crisis. The situation in the oil industry has once again confirmed the difficult condition of Venezuela's economy: Caracas is spending millions of dollars every day to buy oil. According to experts, writes the London Independent, the Venezuelan oil industry is now working only on 40% of its capabilities....

Bain & Company consulting company released a report on activity of investors in the healthcare and pharmaceutical sector in 2017. Private equity funds and private investors spent $ 42.6 billion to buy such companies throughout the world, which is a record for the last ten years. The total volume of corporate M&A in the healthcare market increased by 27% compared to 2016, reaching $ 332...

Managers of the largest investment funds are concerned about trade confrontations between the US and China. And they are reducing investments in shares of companies from developed countries while simultaneously increasing the share of cash in their portfolios. At the same time, investors are willing to build up their investment in developing countries. International investors have sharply...

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...