Global Finance has published a list of winners of the 2016 World's Banks ranking. This is a list of the best banks providing services in different regions of the world. Recently, due to the high volatility in the markets, many banks found themselves in a difficult situation, with which they cope with varying degrees of success and creativity. According to recent studies of banking assets in...

Bonds in the energy sector are defaulting, the bankruptcy risks are accumulated, and not only the coal industry is to blame for this. Oil and gas companies, seriously affected by the fall in prices as a result of the shale revolution in the United States, are suffocating under the burden of debt on the bonds. Small and medium-sized US companies, especially those that grew up because of the...

Website Marijuana Business Daily, dedicated to the market of marijuana, has published a study that the US market marijuana could reach the volume of $ 44 billion by 2020. This forecast implies continuation of current trends in the legalization of marijuana, and development of the relevant business. Even in the worst case, the market will grow quite considerably, up $ 24 billion. According to...

Germany deprived the UK of the title of the most attractive market for investment in commercial real estate in Europe. The UK had been considered the most attractive market during the previous two years, according to an annual survey of real estate investors held by CBRE company. However, the UK housing market lose its appeal and yielded the position to the Germany this year. About 17% of...

The creator of the portal BuzzFeed Jonah Peretti is not an authority for the "serious" media. However, his view of the monetization of information resources is really interesting. It is necessary to listen to the man who has promoted a website, estimated at $ 1.5 billion, from a scratch. Let’s see what he thinks. Peretti asserts that modern media are difficult to survive without a competent...

Mankind is shaken by the consequences of demographic change. The most significant of them are rapid population growth in some developing countries and changes in the proportion of adolescents and young people in other countries, as well as the increase in life expectancy and aging of the population all over the world. Above that, there is urbanization and international migration. All of them...

Last year, the super-rich bought up most incredible and huge yachts in the world according to Knight Frank Wealth Report, which noted that the superyacht sales rose 40% in 2015 compared to 2014. The study conducted by Wealth-X experts was attended by about 45 thousand people with the highest status in the world; their total fortune is estimated at more than half a trillion dollars. By Knight...

Banknotes are not the only kind of money attractive to counterfeiters in Switzerland. While the SNB is fighting off allegations that their one thousand francs bills facilitate illegal activities, their colleagues from Swissmint also face problems. Number of counterfeit five-franc coin has increased over the past 2 years. The counterfeiters are trying to make hay forging one of the most precious...

Mexico axed its oil production by 100 thousand barrels per day. This is stated in the report of the local oil company Petroleos Mexicanos, also known as Pemex. Last year was the worst in the company’s history: the loss amounted to about $ 30 billion. Consequently, the government announced a reduction of expenditures by $ 5.5 billion. This will lead to a drop in production. Of these, $ 2.58...