During ten years, investors from China can increase volume of foreign transactions by 70% - up to $ 1.5 trillion, according to a review by Linklaters international law firm. Even restrictions on the part of the Chinese and foreign authorities will not impede the development as lawyers say that the limitations can be circumvented. The volume of foreign investment of Chinese business can reach $...

The US Department of Commerce is currently investigating. The Department is trying to find out whether Spanish companies sell olives to Americans at dumping prices. The European Commission has already interfered with the matter in order to support its producers. The US International Trade Commission, which also takes an active part in this investigation, held a vote on Friday, after which it was...

The past week has become for the best oil market in this year. During this time, speculators sharply increased the number of long positions. In addition to the already familiar messages from OPEC, traders were encouraged by news about sanctions against Venezuela. The net long position in WTI futures at Nymex rose by 27 thousand, to 423 thousand - a maximum of 2 months. Producers continue to get...

How close is the end to the automotive industry? Not as close as it seems, and here's why. Britain supported France’s initiative to ban the sale of gasoline and diesel vehicles from 2040 in order to improve air quality and reduce emissions leading to a greenhouse effect. When Europe's two largest economies promise to abolish technologies that have been supported by the automobile industry for...

Shares of leading German automakers, such as BMW, Daimler and VW, are sweepingly becoming cheaper. Because of accusations of cartel collusion, automakers are in danger of receiving fines of billions of euros. The management of Volkswagen has already planned an emergency meeting. Securities of German carmakers sank about 3% in early trading yesterday. Their losses have become the most serious...

Research company Nielsen reported that number of on-demand audio streams in the US alone amounted to 184 billion in the first half of the year, which is 62% more than in the same period last year. On the other side of the ocean, in the UK, streaming audio is developing at an equally rapid pace, showing an increase of 53% in six months, and the European Commission is already taking steps to...

Last week, Intel Corporation responded to a challenge to its dominance in the processor market. The corporation introduced the next-generation Xeon server processors. Intel has been controlling the market for server processors for many years, but the new line’s launch was held in unusual conditions. Recently, the corporation’s renewed competitor, Advanced Micro Devices, announced upgrade of chips...

Last week, the manufacturer of luxury smart phones Vertu announced closure of the production in the UK. The company had to go to extreme measures due to the fact that people were not ready to pay $ 10,000 for a smart phone. If the five-figure price tag is a bust, what about the four-digit price tag? It is expected that Apple’s new smart phone, which will be released in September, will exceed $...

China's economy showed remarkable resilience in the second quarter, as Beijing's efforts to curb debt growth and speculation in the real estate market had less impact on growth than expected. According to data published on Monday by the National Bureau of Statistics, China's economy in the II quarter increased by 6.9%, unchanged from the first quarter. The result was ahead of expectations of...