China is not a country with high growth rates and low wages anymore. Now, it has entered a new phase of development. The People’s Republic of China is still a major economic force, but not such a powerful driver of the world’s economic growth as it used to be. International capitalism needs a region with low salaries and high growth rate to obtain high returns on risk capital. Thus, in the...

British retailer John Lewis has joined ranks of startups investors. Until now, such investments have been made mainly by technological or financial companies. Among them are Microsoft and Barclays - they have been up for startups incubators for years. Now, their example has been followed by companies from unexpected sectors, including retailers Topshop and Asos, betting house William Hill and...

By the end of 2015, Google and Facebook have taken 52.3% of the US mobile advertising market, reports eMarketer. Google’s share was 32.9%, or $ 10.02 billion, and Facebook ceized 19,4%, or $ 5.9 billion. Twitter is on the third place with a share of 3.8%; Yahoo and Apple occupy the fourth and the fifth positions with share of 2.9% and 2.6%, respectively. EMarketer estimated that volume of all US...

Labor productivity growth in Ireland and Spain is higher than that in Germany, France and the Netherlands, according to PwC. Economies of these peripheral euro zone countries are growing at the fastest pace in the region. PwC recorded the highest rate of labor productivity growth in Ireland. The rise is about 7% over a three-year period until 2015. On average, labor productivity in the euro area...

Major currency traders have warned that the dollar may collapse against other currencies after the US presidential elections to be held in November. In particular, JP Morgan Chase & Co., the second-largest currency trader in the world, leaves open a possibility that investors may go over to other currencies such as the euro and the yen, against a background of radical change in US trade...

The US economy is impressive. To understand scale of the country’s GDP, which in 2015 amounted to $ 18 trillion, experts at Zerohedge compared economies of individual states with economies of entire nations. Here are some interesting facts. 1. California has the largest state GDP in the US. It was $ 2.44 trillion in 2015, which is slightly larger than GDP of France during the same period ($ 2.42...

MSCI Index Provider has not included shares of mainland Chinese companies (class A) in MSCI Emerging Markets (an index for the emerging markets). This step came as a surprise to investors and Chinese companies, as they have waited a year, writes Wall Street Journal. A positive decision could lead to tens of billions of dollars-worth injection in the Chinese companies’ shares, since global funds...

A suspicious activity on the exchange market has been observed on the eve of Microsoft’s announcement on purchase of LinkedIn. In particular, purchase of LinkedIn’s options brought $ 2 million to traders. That there were no rumors about the imminent acquisition of LinkedIn, yet 621 option to buy LinkedIn’s shares at $ 160 apiece were purchased on Friday in the course of trading on the NASDAQ...

The global arms market in 2015 has peaked dramatically compared to the last 10 years, reports Bloomberg referring to IHS Global Defence Trade Report. According to the study, the main growth driver in the arms market last year was demand for weapons from Saudi Arabia. According to the IHS study, the volume of world arms market got 10% higher than that in 2014, and amounted to $ 65 billion. Reason...