Companies & CEOs

EHang startup has become the first Chinese company to receive permission from the country's authorities to organize unmanned air passenger traffic. How highly will American investors rate this achievement?

The US Department of Justice is conducting an investigation into the US-based Under Armor equipment and sportswear manufacturer, The Wall Street Journal reported citing sources. The department suspects the company…

WhatsApp and its owner Facebook filed a lawsuit in California court against Israeli high-tech company NSO Group and its owner Q Cyber Technologies. The messenger accuses the Israeli company of…

Apple reported quarterly revenue growth by 2%; the sum amounted to $ 64 billion. Profit fell by 4% compared to last year, to $ 13.7 billion, AFP reports.

The Estonian Prosecutor’s Office and the Central Criminal Police are investigating the case of the Estonian branch of the Swedish bank Swedbank, Postimees newspaper writes .

Canon camera maker reported a 43% year-on-year decrease in net profit in Q3 due to a drop in sales of cameras, office printers and industrial equipment.

Amazon may challenge the loss of the US Department of Defense contract for $ 10 billion to Microsoft, reports Reuters. If the company decides to act, then this will happen…

A growing movement against consumption could turn into serious social problems, says Head of H&M. According to him, concern for the environment should not interfere with other global issues, especially…

Uber launched a service for booking culinary master classes through its application in test mode. So far, the experiment is being conducted only in San Francisco.

Twitter Inc. stocks fell by 20% to $ 31.45 apiece at the start of trading according to the New York Stock Exchange. After a couple of hours, the rate of…

In addition, the national airline of Cuba will stop flying to the Caribbean and Venezuela.

American retailer Macy's Inc. announced that it would completely abandon the sale of natural fur products by the end of fiscal year 2020.

After 13 years serving to the company, Nike CEO Mark Parker will leave this post, according to a press release published on the company's official website.

US-Japanese company GE Hitachi (GEH) and Polish company Synthos have signed a protocol of intent to deploy the BWRX-300 small modular nuclear reactor in Poland, which will be the first…

Sales of French company Danone in physical terms fell by 1.6% year on year in the third quarter of 2019, the company said. In money, on the contrary, they grew…

Saudi state-owned oil company Saudi Aramco has postponed, but not canceled, its initial public offering, the Financial Times reported citing three sources. The delay will take several weeks. Earlier it…

Former Credit Suisse banker Andrew Pearse told a jury in Brooklyn that he illegally received at least $ 45 million for his role in arranging $ 2 billion worth of…

The HKmap.live application, which was actively used by residents of Hong Kong, disappeared from the App Store, the Verge reports. Protesters, who have been taking to the streets since March…

Berkshire Hathaway , owned by Warren Buffet, has requested Fed’s permission to increase its share in BofA above 10%.

German carmaker Volkswagen AG has postponed the final decision on the construction of a plant in Turkey, according to Handelsblatt.

Facebook’s head Mark Zuckerberg will tell about Libra cryptocurrency at the U.S. House finance and housing committee on October 23, Axios reports.

53-year-old Makoto Uchida, president of Dongfeng Motor's Chinese business and senior vice president of Nissan, has become new CEO of Nissan Motor. This was reported by the company’s press service.…

Jury in Philadelphia, PA ordered the American holding company Johnson & Johnson to pay $ 8 billion in compensation to a resident of Maryland who suffered from side effects of…

When planning еру initial public offering, WeWork, a coworking startup, sent investors inaccurate massages on its work, The Wall Street Journal writes. The publication believes that this circumstance may further…

The US e-commerce giant has cut its investment in India this year.

Apple Inc has informed its suppliers that it will increase release of smartphones from the latest product line (iPhone 11) by 10%. The company wants to meet higher than expected…

BP CEO Robert Dudley confirmed his imminent resignation, as reported by Sky News sources last week. He stated that he planned to retire at the age of 65, and declined…

American clothing manufacturer Forever 21, Inc. filed a bankruptcy petition in the US court. The company noted in a statement that it is undergoing a bankruptcy reform process in preparation…

ExxonMobil, an American oil and gas company, has reached an agreement on the sale of its Norwegian exploration and oil production assets to local Var Energy for $ 4.5 billion,…

McKinsey will open a store in the largest shopping center in the United States. The company will invite third-party brands to try new technologies in offline retail and understand how…

Xiaomi, a Chinese manufacturer of smartphones and other consumer electronics, intends to apply for a loan of $ 1 billion. To do this, the company has already begun negotiations with…

According to the prosecutor's office, VW top managers were too late to inform the exchanges about manipulation of diesel exhaust data, and thereby affected exchange rates.

The U.S. House of Representatives announced an inquiry to begin the impeachment of Donald Trump. The reason was his conversation with Ukrainian President Vladimir Zelensky. Against the background of this…

The world's largest brewing company, Anheuser-Busch InBev SA (AB InBev), raised about $ 5 billion through an IPO of its Asian business, Budweiser Brewing Company APAC, on the Hong Kong…

Icelandic air carrier Icelandair has become one of the first airlines to agree with Boeing on compensation for the suspension of 737 MAX aircraft operation. Similar negotiations with many other…

Growing number of international migrants in the world continues to outstrip the world's population growth. The figure has already amounted to 272 million people, continuing the upward trend in all…

On September 10, Alibaba chairman of the board Jack Ma retired, leaving the seat for the holding’s CEO Daniel Zhang. He has been working in Alibaba since 2007, having started…

Apple and Netflix are often mentioned in the lists of large technology companies whose early investors managed to significantly increase their capital. Which company would bring you a bigger profit…

Workers at General Motors Co factories went on nationwide strike on Monday. It has become the largest strike of United Auto Workers (UAW) union in more than a decade, Dow…

BP CEO Robert Dudley is planning to sell several oil projects and cut production on some other sites to comply with the Paris climate agreement, Bloomberg reports.

Saudi energy company Saudi Aramco has invited nine major banks as global coordinators for the initial public offering of its shares.

Investors reacted extremely negatively to a message from Framatome, a subsidiary of Electricite De France, about some "deviations" in the welds of already manufactured and delivered components for nuclear power…

The layoffs affected the fixed income securities division.

SmileDirectClub, a US orthodontic bracket service that works with clients without the direct involvement of doctors, expects to raise up to $ 1.287 billion through an initial public offering on…

The decision to appoint a new Chairman of the Board of Directors to replace the Saudi Arabian Minister of Energy, as noted, was made in order to "avoid conflicts of…

The company’s US division was bought by the French Total for $ 15 million.

Japanese Sony decided to sell its entire stake in the manufacturer of endoscopes, photographic equipment and optics Olympus back to the company itself for 80.4 billion yen ($ 762.88 million).

British oil giant BP Plc has reached an agreement to sell its assets in Alaska to Hilcorp Energy Co for $ 5.6 bln, Reuters writes.

KFC fast food chain launched vegan Beyond Fried Chicken with chicken substitutes in a restaurant in Atlanta. “It’s confusing, but it’s amazing,” the company said.