Markets & Industries
Why the Richest Chinese Businessman Divests Himself of His Chinese Assets - 09/21/2015
In difficult business situations, we take the example of successful businessmen. If you are not sure whether to continue to invest in China, look what Li Ka-shing, Asia's richest man, has been doing since 2011. He has sold 16 billion dollars-assets in China and transferred the money to Europe, arguing that it is more profitable. The largest deal was the sale of the Hong Kong Pharmaceutical via AS...
Food is Falling in Price at the World Market - 09/16/2015
Experts have registered the sharpest drop in food prices since the 2008 crisis. They explain this not only by the excess supply due to good harvests. Bad for farmers, good for consumers: food got cheaper on the world market. The trend to lower prices has been observed since 2011, as evidenced by the monthly index of food prices, FAO (Food and Agriculture Organization of the United Nations)....
Jeffrey Brown: Oil Exporters Will Turn into Importers - 09/15/2015
Despite the fact that recent headings draw many attention to the volatility of the energy market, it is important to monitor its development strictly in focus. This is especially important since many screaming headlines in the media have been wrong in recent times, says petroleum geologist Jeffrey Brown. As for the fact that world oil production has ceased to grow over the past decade, despite...
On the Verge of Risk: What Has the Morrow in Store for the Global Economy? - 09/14/2015
Security and political risks can seriously affect the world economy. The probability of these risks and the extent of how they may affect the global economy, are seriously different. Taking into account these risks, Economist Intelligence Unit compiled a list of the top five risks, which "can seriously change the situation in the economy and business in the next two years". These scenarios were...
"Made in Germany" Is the New Trend - 09/09/2015
For the first time in half a century, the United States became the largest market for German products, ahead of France. German exporters have started the second half of 2015 with record results. Deliveries of German production to foreign markets rose in July this year compared with July 2014 by 6.2 percent to 107.1 billion euros, reported on September 8 the German Federal Statistical Office...
Michael Dell: Forget Smartphones, Focus on PCs and Services - 09/08/2015
Michael Dell, founder of Dell, said that in a few years, 80% PC market’s share will occupy only three companies - industry leaders. He said this during a conference in the Indian city of Bangalore. Dell also mentioned his reluctance to produce smartphones. According to IDC, the leader of the computer market is now the Chinese company Lenovo, which accounts for 20.3% of total PCs shipments. Second...
L'Oreal Worsened the Forecast of Growth of the World Cosmetics Market This Year - 09/04/2015
This year, the world market of cosmetic products will grow toward the lower end of the forecast (that is 3.5-4%), reports Bloomberg referring to the forecast of the French company L'Oreal SA. Unilever’s representatives previously said they expect a slowdown in the market of cosmetics to 2-2.5% in 2015-16 years from 4% in 2014. The main concerns of the sector’s companies are associated with...
A place in the Sun: English Cornwall Turned From Underrated Region in a Prestigious Location - 09/03/2015
Cornwall County is located in the extreme south-west of England on the peninsula, which is washed by the waters of the English Channel and the Atlantic Ocean (to be exact - the Celtic Sea). The climate in Cornwall is the most pleasant and sunny in the UK due to the influence of the Gulf Stream. The sun shines more than 1500 hours per year. Winters are the softest in the country, and rarely the...
Discovery of the New Gas Field in Egypt Undermined the Prospects of Gas Production in Israel - 09/02/2015
Shares of Israeli gas companies collapsed after Eni reported the discovery of "super-giant" gas field off the coast of Egypt. Because of it, the prospects for Israeli gas projects, the implementation of which was delayed for a long time because of political differences, became even murkier. Delek’s shares, one of the main investors in the development of the Israeli field Leviathan, on Monday fell...
Sales Slump of Luxury Goods in China - 09/01/2015
The decision of the Chinese Central Bank to devalue the yuan added problems of the industry Business in China has ceased to bring super-profits to Western manufacturers of luxury beverages, clothing and bags because of the Chinese stock market fall that has been going on for over a month. Global manufacturers of luxury become heavily dependent on Chinese consumers: today, local consumers account...
