Markets & Industries
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...
The End of Coffee Era - 08/31/2015
Droughts, floods, epidemics, and the entire process of global climate change threatens to destroy the source of our morning caffeine. What fate awaits the coffee? When we read a newspaper while sipping a morning latte or espresso, global climate change sometimes seem a very distant and vague threat. However, if you drive off for several thousand kilometers - where coffee trees grow - the...
Lights and Shadows of World Wine Market - 08/28/2015
World wine imports in the first five months of 2015 sometimes is in the bright light, and in some places, immersed in shadow, according to data compiled by Nomisma Wine Monitor. The sun is on the side of wine import once again gaining momentum in China. After the unsuccessful 2014, purchases are growing steadily (51% in value, 38% by volume compared to the same period last year), and the clouds...
How Chinese Richest People Lost $ 5.6 Billion During One Day - 08/26/2015
China's stock market crash has hit the local billionaires, despite the fact that they hold the lion's share of their capital outside the stock exchange. Three of Asia's richest man lost $ 5.6 billion on Monday. Wang Jianlin has lost $ 3.6 billion. This person takes an honorable position of Asia's richest man, and his wealth is estimated at $ 31.2 billion. However, Wang invested some of the money...
Saudi Arabia is Threatened with Revolt at the Next OPEC Meeting - 08/24/2015
The next OPEC meeting will be held in Vienna on 4 December, a year after Saudi Oil Minister Ali al-Naimi announced that oil prices should be determined by the market, and the kingdom is not going to protect the level of $100 a barrel or more. It seems that Saudi Arabia has overestimated the impact of low prices on other countries, and was not too concerned about it itself, as its huge reserves...
Venture Capital Funds are Investing $ Hundreds of Millions into a New Type of Freight Forwarders - 08/18/2015
Silicon Valley companies invest in trucking start-ups, adapting to the realities of internet era. The turnover of this sector is estimated at $ 160 billion a year. Freight forwarders, who coordinate the delivery of products for retailers and manufacturers, are involved in everything - from the search for the optimal combination of air, rail and road transport to customs clearance. They work all...
