Just yesterday, Saudi Arabia raised held $ 17.5 billion during placement of bonds. All the money were immediately used to repay debts. Once it became clear that placement of bonds was successful, the Saudis have begun to pay off debts to the government contractors who were not paid for several months. This, in turn, negatively affected investor sentiment and increased risk of non-payment crisis....

PepsiCo Inc, the second largest producer of carbonated soft drinks in the world, is aiming to reduce content of sugar, sodium and saturated fats in its products by 2025. The company’s particular goal is less than 100 calories per standard can of 12 fluid ounces (about 360 ml). PepsiCo believes that at least two-thirds of its drinks will be up to this quality before 2025. Now, share of low-carb...

The world's best IPO of 2016 was held in April in Hong Kong. Since that, the company’s return on investment exceeded 6,000%, but it has nothing to do with its business. Shares of Luen Wong Group Holdings Ltd. increased by 1438% in the first trading day after the placement. Now, the prices are higher by 6715%. The company, constructs roads and digs sewers, earned just $ 1.1 million on the...

Wholesale prices for lobsters on the world market have reached the maximum of 11 years due to increasing demand for a variety of dishes made with this product - from burgers to soups. According to American company Urner Barry, collects data on various segments of the commodity market, wholesale prices in North America (the world standard) increased to $ 6 per pound ($ 13.2 per kilogram)....

Analysts have identified the most relevant assets that will be profitable in the event of the Republican's victory. Mexican Peso Mexican peso exchange rate highly depends on Donald Trump’s victory: the higher his chances, the lower the rate. In recent months, the Mexican currency has repeatedly stumbled when forecasts reported that chances of Republican nominee increased. Otherwise, the rate...

During the first seven months of 2016, South Korea lost the fifth place among the world's largest automakers, giving way to India. Seoul dropped out of the top five for the first time in the past 12 years. During the first seven months of 2016, South Korea lost the fifth place among the world's largest automakers, giving way to India. Seoul dropped out of the top five for the first time in the...

According to a recent survey composed by KPMG, 76% of Heads of British companies intend to transfer headquarters of their business, or part of their companies’ activities from the UK to Europe in the near future. The uncertainty associated with Brexit apparently looks scary for business representatives even despite the fact that most of them are confident in the British economy’s growth....

US banks have taken top five lines in a list of the world's largest investment banks. This happened for the first time in six years after Deutsche Bank dropped to sixth place in the rating, writes the Financial Times. The rating, compiled by research firm Coalition, takes into account income from various activities. Once again, the leader is JPMorgan, despite a decline in revenue in the first...

In 2016, Bangkok pushed London away from first place in a ranking of the most popular tourist destinations according to MasterCard’s version. Data gathered by analysts of the company show that 21.5 million foreign tourists visited Bangkok this year. London’s figure was 19.9 million. According to a rating of the most popular destinations among tourists published by international payment system...