Companies & CEOs

Saudi Aramco, the Saudi state oil company, is negotiating purchase of up to 25% in the oil refining and petrochemicals business of an Indian corporation Reliance Industries, (RIL), The Times…

Purchase of Anadarko Petroleum will allow oil giant Chevron to become the world's number two publicly traded oil company.

Analysts at UBS forecast that Disney will spend $ 800 million on content for its new Disney + streaming service in the first year of broadcasting.

Aggravation of the conflict over subsidies for European aircraft manufacturers of Airbus and its American competitor Boeing does not make sense and will only serve the interests of the new…

American Uber Technologies Inc., which provides taxi services and food delivery, plans to raise about $ 10 billion in the initial placement of its shares, while official IPO registration data…

The Brazilian state-owned oil and gas company Petroleo Brasileiro SA (Petrobras) has agreed to sell its division Transportadora Associada de Gas (TAG), a domestic gas pipeline network operator, to the…

Carl Icahn got rid of his stake in Lyft - Uber's main competitor in the United States - before the company entered the stock exchange. Icahn invested $ 150 million…

Carlos Ghosn, Ex-Chairman of the Board of Directors of Nissan Motor, was re-arrested on Thursday on charges of financial irregularities during his term as Head of the Japanese automaker, AP…

Aramco revealed its account ledgers and surprised economists. In 2018, profit of the “pearl of the Arabian crown” amounted to $ 111 billion, which is more than profit of Apple…

Japan Exchange Group (JPX), the operator of the Tokyo Stock Exchange, intends to acquire the Tokyo Commodity Exchange (TOCOM) to attract more international traders and investors, writes Reuters.

Pinterest, the “visual” social network, is going to place shares on a stock exchange following the example of other technological services. Why would an unprofitable platform go public?

The American group of direct investment and asset management The Blackstone Group LLP has contributed to the growing crisis in the housing market worldwide, has exploited tenants and destroyed local…

Many companies in the highly competitive clothing market stay away from IPOs. But Levi Strauss triumphantly returned to the stock exchange thanks to its line of women's clothing.

The European Commission fined the American company Nike 12.5 million euros (about $ 14 million) for a ban and restrictions on cross-border sale of licensed sports products in the Eurozone…

In the face of mounting support for the war on cash, Steve Forbes takes a stand to shed light on what he considers very shady business. With precise analysis, he…

Indonesia's national carrier Garuda Indonesia canceled an order to acquire 49 Boeing 737 MAX 8 airliners, the Financial Times reported on Friday.

The United States started fighting against Huawei Technologies Co. in the summer of 2018. The country also tried to influence its European allies and persuade them not to allow the…

Jury in San Francisco acknowledged that glyphosate, which is contained in an anti-weed agent, may contribute to development of cancer. Shares of the German company Bayer fell by 13 percent.

The Chinese manufacturer of panoramic cameras Insta360 attracted investments in the amount of $ 30 million. The company plans to conduct an initial public offering of shares next year.

Not so famous ancillary equipment — network adapters and switches — has become the backbone of the business for Mellanox. Why are chip makers willing to pay billions for it?

Last week, Facebook shares fell 2.46% to $ 165.98 per share. The reason was the news that Facebook product development director Chris Cox and WhatsApp vice president Chris Daniels decided…

The tourism market in 2018 continued to grow and become increasingly digital. In some regions, including Western Europe and North America, online sales have already exceeded traditional ones.

The Securities Commission claims that the automaker was misleading investors.

Deloitte, an international consulting company, published the fifth report on how corporations operating in the consumer sector are trying to make a positive contribution to protecting people's health. According to…

Boeing Aviation Corporation cut off shipments of its 737 MAX airliners after their flights were banned in the United States. Previously, almost all countries of the world refused to use…

Uber’s competitor Lyft has released a statement that describes particulars of its work for potential buyers of shares. What have we learned about the company?

Hotel chain Marriott International estimated the initial loss rate as a result of a massive data breach. In particular, the profit and loss report states that a large-scale data breach…

The Canadian Department of Justice has officially launched the extradition process of Huawei’s financial director Meng Wanzhou, who was detained on suspicion of violating anti-Iranian sanctions. The Office also issued…

In February, Levi Strauss & Co, the first company to receive a patent for the production of blue jeans, filed an IPO application. The placement with a preliminary volume of…

British reinsurance company Pool Re has announced release of the world's first catastrophe bonds designed exclusively to protect against terrorist attacks.

Swiss On Monday, pharmaceutical company Roche (Switzerland) announced purchase of manufacturer of gene therapy drugs Spark Therapeutics (USA), according to a press release from Roche. Roche buys American Spark Therapeutics

Apple and US investment bank Goldman Sachs plan to jointly issue a credit card, reports The Wall Street Journal, citing sources.

One of the world's leading trading and mining companies, the Anglo-Swiss Glencore reported that last year its profit decreased by 41% due to the write-off of the value of a…

For the last ten years, Jet Airways has not left the top three largest airlines in India, and last year it wa the first in terms of passenger traffic. 24%…

Warren Buffett continues to delay launch of a dividend payout program for Berkshire Hathaway. But there is no doubt that the legendary investor loves dividends. In his letter to shareholders,…

Indian Oil Corp., India's largest refiner, has signed its first annual contract for the supply of American oil, Reuters reported.

Contrary to popular belief, American “superstar companies” have not become larger and more productive over the past 60 years, and since 2000 their contribution to overall productivity growth has decreased…

One of the largest airlines in the world, Lufthansa, demands monetary compensation from a passenger who in April 2016 used a common method to reduce the cost of air travel…

The European Airbus concern stops production of the A380 airliner since 2021. The decision was made due to lower demand for the aircraft by Emirates and the lack of interest…

In 2018, the Japanese automaker Nissan Motor Co. turned out in the center of a major scandal in connection with the arrest of one of the most famous top managers…

Despite Alphabet’s good reporting, investors are worried about the company's rising spending.

The Swedish company Volvo Cars announced results of 2018: car sales rose to a record in the company's history.

The US increased pressure on Venezuelan President Nicolas Maduro by imposing sanctions against the state-owned oil company Petroleos de Venezuela (PDVSA): its assets in the US in the amount of…

The UK Competition and Markets Authority (CMA) has obliged a number of the largest and most popular online hotel booking sites, including Expedia, Booking.com, Agoda, Hotels.com, ebookers and trivago, to…

The American manufacturer of electric vehicles Tesla Incorporated carried out the first delivery of Model 3 cars to Europe, writes Electrek.

American cosmetics company Estee Lauder Cos Inc reported a sharp increase in profits in the second quarter of the current fiscal year and raised its forecast for the 2019 financial…

US Tesla bought Maxwell Technologies, acompany that produces ultracapacitors, batteries and other components. The price amounted to $ 200 mln, and the board of directors of Maxwell approved the deal…