Markets & Industries
World Gas Outlook and Forecasts - 10/13/2015
Platts independent news agency released its international analytical review of gas markets, which highlights the main trends in international gas markets. Here are the main trends of the gas market in different countries and regions of the world. Iran and a new contract for gas production September 30, the Iranian government has approved the new model contract for exploration and production...
Bright Future for Solar Energy - 10/08/2015
Wind energy has become the cheapest form of electricity for production in Germany and the UK - even without state subsidies, Bloomberg New Energy Finance (BNEF)’s analysis indicates. This was the first time in the G7, said the agency Bloomberg; the first to reach such success was Denmark in the last year. According to Bloomberg, the share of wind power in the UK accounts for 7.7% of the...
Crème de la Crème of the World Automakers: The Most Expensive Car Brands in the World - 10/07/2015
Interbrand consultancy company has published a ranking of the most valuable brands in the world. The list, which consists of the 100 largest companies, includes 14 automakers. The most expensive occurred to be Toyota - the Japanese brand was estimated at 49 billion dollars. For the first time, Mini came in the list, which, according to estimates of Interbrand’s analysts, is worth about 4.2...
EU Economy in September: Unemployment is Flatlining yet Consumer Prices are Going Down - 09/30/2015
Consumer prices in the euro area in September 2015 decreased by 0.1% compared to September last year, said Eurostat. The deflation in the euro area has been recorded for the first time since March 2015. In August, inflation stood at 0.1% in annual terms. Analysts surveyed by Bloomberg, on average, forecasted zero inflation in September. The main components of inflation in September in the...
Saudi Arabia Withdrew More Than $ 70 billion of Foreign Funds - 09/29/2015
Foreign assets of Saudi Arabian Monetary Agency (SAMA), performs the role of the central bank, decreased by $ 72.8 billion from III quarter of 2014, when oil prices began falling down. This figure is almost equal to the sum of $ 71 billion, by which decreased its reserves, placed in foreign securities. Money is needed in Saudi Arabia to finance the budget deficit and the military campaign in...
Chocolate Crisis, or What to Expect from Cocoa Beans Prices - 09/28/2015
Cocoa beans rose by 13% from the beginning of the year, approaching four-year high level. The rise in prices is caused by investors' concerns about supply shortages of cocoa in the coming year. The drought in West Africa and heavy rains in South America will cause global supply deficit in amount to 250 thousand tons of cocoa. And by 2020, the shortage of cocoa on the market may be a reason for...
High-Skilled Digital Marketer: Most Wanted - 09/25/2015
According to BCG’s research, many companies feel lack of digital skills necessary for effective marketing in today's rapidly changing environment; it affects a range of skills and marketing channels. The Boston Consulting Group (BCG) is an international company, a leading consultant on business strategy specializes in management consulting, conducted a study called "The revolution in digital...
Japan Automakers are Affected by 'Diesel-Gate'; Germany is Under Threat Too - 09/24/2015
This morning, the Japanese Nikkei index fell nearly 3% after investors have arranged the sale of Japanese automotive companies’ shares. Market participants fear that the scandal surrounding the Volkswagen, caused by the concealment of the exhaust, may have a negative impact on the Japanese automotive market. Meanwhile, some analysts have expressed fears that the scandal with Volkswagen could harm...
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)....