Companies & CEOs

Metallurgical and mining company Evraz is interested in buying the French division of British steelmaking corporation British Steel, which produces railroad rails, writes Financial Times, citing sources in the market.

Readiness of the US Federal Reserve to soften monetary policy once again and begin to reverse the rate cuts caused a rally in global markets, including oil prices (Brent quotes…

China Railway Corporation, with the approval of the State Council of China, completed restructuring and changed its name to China State Railway Group Co. Ltd. This is expected to make…

Google will invest $ 1 billion in housing construction in the San Francisco Bay area in the next ten years. The company will do so as the region’s largest employer.…

The most anticipated debut at the Cannes Lions-2019 festival will be the Chinese video application TikTok. It began testing ad placement features and is going to compete for advertisers with…

Representatives of 661 US companies and trade associations sent an open letter to US President Donald Trump asking to seek an urgent solution to the problem of trade disputes with…

American oil and gas company ExxonMobil and Saudi Basic Industries Corporation (SABIC) Petrochemical Corporation of Saudi Arabia will build a petrochemical plant in the US and the world's largest ethane…

IT company Salesforce.com concluded the largest deal in the field of mergers and acquisitions in its history by purchasing Tableau Software for $ 15.3 billion.

American Intel has agreed to buy a startup Barefoot Networks in order to expand the scale of its network technology and better compete with Broadcom, said the IT giant.

According to WPP and Kantar, the most expensive brand in 2019 is Amazon. The value of the online retailer's brand has increased by 51% to $ 315.5 billion over the…

Large technology companies, including Intel and Qualcomm, have prohibited their employees from communicating with employees of Chinese Huawei because of the US Department of Commerce sanctions. Such a policy may…

According to Bain consulting company, almost 30% of retailers in the United States will find themselves at risk of bankruptcy or absorption by competitors in the near future. Researchers believe…

Thomas Cook Group confirmed on Monday, June 10, that it is in talks with the Chinese Fosun Tourism Group to sell their tourism business. At the same time, as noted…

Google believes that US national security could be jeopardized due to restrictions against Huawei.

Italian-American automaker Fiat Chrysler Automobiles (FCA) withdrew its proposal to merge with the French Renault SA.

Boeing found a defect in their aircraft. It is suspected that substandard parts were installed on several hundred 737 NG and 737 MAX airliners. A statement about this was made…

Amazon’s shareholders will remember for a long time the day when Amazon’s CEO Jeff Bezos stops managing his brainchild. The risk that everything collapses is rather great.

Losses of Uber in the I quarter have amounted to $ 1 billion.

The Australian Competition and Consumer Commission (ACCC) filed a lawsuit against Sony Interactive Entertainment Europe due to the fact that the company refused to return money to customers for malfunctioning…

Norway's largest pension fund KLP will refuse to invest in companies that receive more than 5% of the proceeds from gambling and the sale of alcoholic beverages.

Chinese Internet giant Alibaba Group Holding Ltd is considering a possibility of raising $ 20 billion through placement of shares in Hong Kong after a record IPO in New York…

Renault SA and Fiat Chrysler Automobiles NV shares jumped on Monday after the Italian-American automotive corporation FCA proposed a merger with the French Renault.

The NASDAQ exchange operator has withdrawn its offer to buy Oslo Børs VPS Holding ASA, the Oslo Stock Exchange operator, the company said in a press release.

Net profit of the American company HP Inc. decreased twice in annual terms to $ 1,585 billion in the first half of the 2018-2019 fiscal year ended on April 30.

Apple, Dell Technologies, Kingston Technology and Seagate are planning to sell their shares in Toshiba Memory chip maker, The Wall Street Journal (WSJ) reports, citing sources familiar with the situation.

Craig Irwin, analyst at Roth Capital Partners, said that Apple wanted to buy Tesla electric car maker at $ 240 per share in 2013. The deal eventually did not take…

Since the beginning of the year, Tesla Motors shares have already lost about 40% of their value, but Morgan Stanley believes that the worst may be ahead. According to a…

The well-known British chef, TV presenter and restaurateur Jamie Oliver announced bankruptcy of his 25 restaurants in the UK. Experts note that Mr. Oliver’s establishments could not withstand competition from…

16 years ago, Google launched the Froogle service. It allowed users to search for products and compare prices from different vendors. Over the years, Google has evolved from just a…

Wall Street analysts are still trying to find firms capable of withstanding the US-China trade tensions. Meanwhile, Bank of America has conducted a more rigorous selection process.

Sony’s Head Kenichiro Yoshida and Microsoft’s Head Satya Nadella signed a memorandum of understanding. Two competing corporate divisions - Microsoft Xbox and Sony PlayStation - will collaborate in the field…

Chinese technology giant Huawei Technologies said that attempts to remove it from doing business in the United States will lead the country to lag behind in the development of next-generation…

California jury ordered Bayer, the German chemical and pharmaceutical concern, to pay more than $ 2 billion to an American couple on the Roundup herbicide case.

Net profit of the Japanese Toshiba Corporation for the 2018-2019 fiscal year ended March 31, increased by 7% to 1.013 trillion yen ($ 9.2 billion), according to the company’s reports.

The financial corporation had to write off assets in the amount of $ 377 million after bankruptcy of DC Solar, which the FBI called the Ponzi scheme.

Gucci creative director Alessandro Michele, who took this post in 2015, finally got his hands on decorative cosmetics: the Italian brand presented an updated lipstick line. The cosmetic collection developed…

Net profit of the Japanese automaker Toyota Motor Corp. decreased in the last fiscal year by 24.5%, despite the growing revenue and car sales.

Profit of the German automaker Bayerische Motoren Werke (BMW) declined in the first quarter by 75% in annual terms due to large-scale losses associated with the investigation in the EU.

DEA AG, a member of the investment giant Letter One, has completed its merger with Wintershall, a subsidiary of the German BASF concern. This is stated in the message of…

The organization was able to free up about a billion pounds. Information about this has become a driver for the growth of bank shares.

The April 2019 was marked by completion of an investigation by the US Treasury Department against two banks: the British Standard Chartered Bank, as well as the Austrian, Italian and…

Following technological startups going to stock exchanges, WeWork, an American coworking spaces chain, is pondering an IPO, too. In January, the company was estimated at $ 47 billion. Of all…

Publication of quarterly reports showed that the scandal with the Boeing 737 MAX brought major losses not only to the manufacturer, but also to airlines. American Airlines reported that the…

Activities of the Swiss commodity trader Glencore became the subject of investigation by the American regulator of commodity markets.

Negotiations on the merger of Deutsche Bank and Commerzbank, which began in March, were in vain: the banks announced termination of negotiations. According to them, they concluded that the merger…

Airbnb is trying to stand out and increase number of customers on the eve of the company’s IPO scheduled for 2020. To do this, this rental service is ready to…

The situation around the ban on 737 MAX aircraft has adversely affected financial results of Boeing. In the first quarter, the net corporation’s profit decreased by 13%, to $ 2.15…

The US authorities filed the first criminal charges and fines for a private company on charges of contributing to a sharp increase in mortality in the United States in recent…

In the first quarter of 2019, revenue of the Chinese telecommunications company Huawei increased by 39% over the same period last year - to 179.7 billion yuan ($ 26.81 billion),…