Volume of overdue loans in portfolios of European banks has reached $ 1.3 trillion. Slow growth of economy and ultra-low interest rates are complicating the bad debts problem of, according to KPMG research company. Liquidation of the non-performing debts problem may take a few decades, warned analysts of Dutch audit company KPMG. According to their estimates, cited by Bloomberg, current volume of...

Transnational beer corporations are losing ground around the world. The beer market is stagnating. According to BusinesStat, consumption volumes from 2009 to 2013 decreased by 2 billion liters. Against this background, strong growth of rather pricey craft beer seems surprising. This sector has grown steadily in the past five years, and the small brewery has attracted much interest from the...

Pinot noir, cabernet and merlot may disappear. It's all about global warming: the higher the temperatures rise, the faster grapes mature. Experts fear that certain varieties of grapes will no longer be suitable for production of wine, while the overall quality of the drink worse. This year, volume of wine produced in the world has reached four-year low after bad weather had a negative impact on...

According to Moody's, cheap steel products from Russia and China, price volatility and rising raw material costs will preserve negative outlook for the European steel products market over the next 12-18 months. "Imbalance of global and regional supply and demand will continue to put pressure on the sector in general, and steel prices in 2017. This, in turn, will increase risk of receiving less...

Slowdown in economic activity in the oil-producing countries, including Arab countries of the Persian Gulf, struck a severe blow at the local real estate market. Market participants are not sure about how long will such a situation persist, and when will the prices touch the bottom. According to Core Savills real estate company, prices for commercial rental property fell in half of Dubai’s areas...

Buick became the first American manufacturer, which came in the top 3 American magazine Consumer Reports on Monday released a new car safety rating. Having analyzed more than half a million cars, the editors have once again recognized Lexus and Toyota the most reliable car brands. Many, however, were surprised that GM's Buick occupied the third place. This success automatically made the carmaker...

Shares of the largest manufacturers of consumer products have always been considered a safe haven for investors during economic instability. However, recent reports of global companies show that many of them are facing an unusual combination of serious challenges, from instability in emerging markets and increased competition with local manufacturers to increase in raw material prices and...

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...