The world energy market is undergoing changes, said CEO of BP Robert Dudley during presentation of BP’s 66th edition of a statistical review of the world energy sector. "World energy markets are undergoing change. Long-term trends that can be traced in the presented data indicate changes in the structure of supply and demand as the world solves the problem of supply the necessary energy resources...

The international consulting company PricewaterhouseCoopers (PwC) has released another "Global entertainment and media outlook 2017-2021". The researchers believe that the industry’s participants, many of which have focused on issues of content, distribution and digitization until now, now should get used to the new reality and focus on interaction with their users and content consumers. PwC’s...

The House of Representatives of the US Congress passed a bill to repeal the Dodd-Frank Act, voting on the party line to ease regulation, which, according to most Republicans, harms lending and small banks. The bill was passed by the Chamber with 233 votes "for" and 186 votes "against", one Republican voted against this measure. The document, called the Financial Choice Act, presents banks with...

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...