China reported stronger-than-expected exports and imports in May, despite a fall in commodity prices. Overall, this means that the PRC economy is performing better than expected, despite rising lending rates and slump in the real estate market. Investors’ concerns over China became apparent after Moody's Investors Service downgraded the country’s credit rating last month, saying it expects that...

Reports of the death of deep-sea drilling at an oil price below $ 100 may have been greatly exaggerated - to the dismay of OPEC. Oil production at the bottom of the sea is becoming cheaper, as manufacturers optimize operations and prefer drilling at key wells, notes Wood Mackenzie Ltd. This means that by next year, oil at $ 50 per barrel can support a number of these projects compared to an...

Branding agency Landor presented a forecast of global changes in business for the next five years. For many companies, these transformations can be catastrophic. The researchers believe that in the next five years, companies will undergo much more changes than in the previous 15 years. At that, the new consumption will determine their future. The development of technologies and digital media...

A month ago it became known that the housing bubble in Vancouver has grown bigger than ever. The situation worsened at the end of May. A year ago, the authorities established a property tax of 15% for foreign buyers. At the same time, Chinese investors, who seek to legalize their funds as safely and effectively as possible, are providing the main inflow of funds to the real estate market. Prices...

Latest data from the Federal Deposit Insurance Corporation (FDIC) suggests that the volume of outstanding auto loans issued by American commercial banks fell sharply for the first time in six years. It reached $ 1.6 billion in the fourth quarter of 2016, and was already $ 440 million by the end of the first quarter of 2017. Experts see this as a sign that international banks are leaving the...

In 2016, China has become a leader by number of applications for obtaining patents for new brands. Local companies filed 3.7 million requests. Finnish company TrademarkNow, which studies the intellectual property market, says that high-tech companies became the most active applicants for obtaining patents for new trademarks in the last year. Of the 50 the most active companies, 12 represent this...

European publishers fear that the offer to give online users an opportunity to turn off transfer of data on their movements on the Internet to all sites is dangerous. According to them, it will immediately lead to lost advertising revenue. However, mainly American corporations such as Google, Apple and Facebook will benefit in this case. Heads of more than 30 European publishers sent a collective...

The Committee on the Global Financial System (CGFS) of the Bank for International Settlements, together with the Financial Stability Board (FSB), presented their first report on fintech platforms for lending. As the sector is growing rapidly, the regulators found it interesting to measure potential impact on the nature of lending and the traditional banking industry. Their main conclusion,...

Price of extra virgin olive oil has increased by almost a quarter since the beginning of 2017 and has already exceeded $ 4200/t in bulk. Due to the drought in the Mediterranean this year, its production could drop sharply in Greece, Italy and Tunisia. Spain has been affected insignificantly. "The situation is terrible in Italy, in Greece and in Tunisia. Can you imagine what would happen if oil...