Markets & Industries
Top mobile applications Americans cannot live without - 09/01/2017
ComScore research company gathered data on the use of mobile applications among the adult population of the United States and formed a rating of the most rapidly developing services. According to 2017 U.S. Mobile Apps Report, users spend 57% of the time in digital media in applications, of which 50% fall on smartphones and 7% - on tablets. Young users of 18-24 ages are particularly active – they...
Index-makers are ready to rule the markets - 08/31/2017
In 1896, Charles Dow, co-founder of Dow Jones & Company, invented an index, which still bears his name. Today, the Dow Jones Industrial Average, the S&P 500 (for stocks listed on the New York Stock Exchange) and the FTSE 100 (in London) are some of the most famous brands in the financial world. At the same time, their role has increased dramatically in recent years. The index-makers have...
Volume of the global crypto currency market exceeded $ 160 billion - 08/30/2017
On Monday, cost of all electronic currencies in circulation in the world increased to a record $ 160 billion thanks to the growth of Bitcoin and Ethereum rates, MarketWatch writes with reference to the data of Coinmarketcap website. Bitcoin, according to the latest data of Coindesk.com, is trading at $ 4397, which is about 2.7% below the record high. Ethereum costs $ 342.7, having fallen in price...
Hurricane Harvey couldn't shatter the American oil market - 08/29/2017
Hurricane Harvey hit the Gulf of Mexico, but oil did not go up. Traders, specializing in energy, believe that these are the consequences of the slate revolution. The hurricane of the fourth category hit the Texas coast of the Gulf of Mexico on Friday, and market participants immediately gave their assessment of what is happening: futures for Texas crude WTI fell sharply. Phil Flynn, a senior...
WEF: Banks are facing a fintech dependence - 08/29/2017
Fintech start-ups have prompted innovations in the financial sector, but could not intercept the market share of traditional financial institutions, as follows from a report of the World Economic Forum (WEF). Major technology companies that supply the sector with the most important technologies are now creating a competitive environment in the banking and insurance industry. At the same time,...
Worldwide vanilla deficit jeopardizes ice cream production - 08/24/2017
Shortage of vanilla supply on the world market caused prices for the product to rise to record levels. Now, vanilla costs tens of times higher a few years ago. This, in turn, has jeopardized production of traditional vanilla ice cream, British and American media reported. According to Eurovanille organization, the price of vanilla pods earlier this summer exceeded $ 600 for 1 kg against less than...
Three ways to profit from German economy - 08/21/2017
Germany is the main economic force of the European economic community. The country is one of the world's leading exporters, has strong ties with the US and other trading partners, and leading German companies, many of which have the upper hand in their fields, are well-known to investors. Investing in the German economy is quite simple, and there are several ways to do it. Here are the most...
Chinese hi-tech catches up with Silicon Valley - 08/18/2017
Chinese giants Alibaba Group and Tencent Holdings are dominating the local market, but this is not enough for them. Companies from China, each of which is overtaking Intel, Cisco or IBM, are rapidly expanding their sphere of influence and becoming global investors. While the US high-tech giants are targeting Western countries, Tencent and Alibaba have focused on their own Chinese market, which at...
Stevia: sugarless yet sweet investment opportunity - 08/17/2017
Over the past 10 years, a little-known plant, which is 200 times sweeter than sugar, has sparked development of a world industry worth $ 4 billion. Now stevia components are a part of a huge number of products, including Coca-Cola and Heinz ketchup. Not bad for an additive that was not liked for its bitter aftertaste. Leaves of stevia contain a low-calorie sweetener, which is used as an...
Bitcoin conquers new high, equals PayPal - 08/15/2017
Bitcoin is updating the new highs. The main crypto currency’s cost reached $ 4400, and Bitcoin’s capitalization has equaled capitalization of PayPal payment service. Bitcoin caught up to capitalization of one of the payment services. And although the cryptocurrency is still far away from Visa, this can be considered an intermediate success. Popularity of the crypto currency is fueling...