Companies & CEOs

Bombardier Inc. intends to sell two units for about $ 900 million and cut 5 thousand jobs, according to Reuters.

American Symantec, one of the leading developers of computer programs for data security, received an acquisition offer from direct investment company Thoma Bravo, reports The Financial Times, citing informed sources.

The two largest aircraft manufacturers in the world signaled on Tuesday that they were interested in ending the trade war between the United States and China, Reuters reported.

In the last quarter, Apple sold as many iPhones as it did a year earlier. Investors are rightly wondering: where is Apple planning to look for new buyers? Meanwhile, the…

Most of the US companies operating in China intend to move production outside of China. However, only 1% is ready to return home.

The European Commission, which serves as the EU's main antitrust regulator, sent a Statement of Objections to the German Siemens AG and the French Alstom SA in connection with their…

General Electric Co. suffered a net loss in the third quarter. The results were weaker than market expectations, and the company reduced dividends and announced reorganization of its problematic energy…

According to Barclays, the number of new Netflix subscribers who joined the streaming service this year is approaching a record high of 27.4 million people. The result is impressive -…

Latin American countries, including Mexico and Chile, as well as Asia, including South Korea and India, are considering a possibility of introducing new taxes on activities of global high-tech giants…

Last Sunday, IBM announced its decision to purchase Red Hat, a major distributor of open source software. The amount of the transaction will reach $ 34 billion and implies a…

HSBC shares jumped during trading in Hong Kong, after the bank reported that its pre-tax profit in the third quarter rose by 28% compared to the same period last year…

Salesforce.com, a giant in digital technologies and cloud computing, is among the top ten companies worth buying during a market correction, according to Jim Cramer, a well-known expert and Mad…

Italy's anti-monopoly authorities imposed a fine on the world's largest manufacturers of smartphones, Apple and Samsung, for issuing special software to slow down old smartphones. Thus, companies wanted to encourage…

There is a real boom in the exchange-traded funds (ETFs) market in the world. Their number exceeded 3,500, having increased sevenfold over the past 10 years, and the value of…

Uber Technologies Inc. and Lyft Inc. are actively preparing to enter the stock exchange next year. The rival companies will compete to get money from the same investors, Bloomberg writes.

German Chancellor Angela Merkel offered government support for commercial efforts to create American gas in Germany. This was Merkel’s main concession to US President Donald Trump, who is trying to…

German Volkswagen announced start of its second large-scale recycling program for old diesel cars.

Saudi Aramco, the state-owned oil company of Saudi Arabia, announced resumption of operation at the Yanbu terminal on the west coast of the country and increased its export capacity by…

Moody's rating agency published a report in which it points to lacunae in the European financial system. Besides, the report also draws attention to the sovereign parties.

Head of Pershing Square Capital Management told about acquisition of a large stake in Starbucks coffee shops at a conference in New York.

Chinese Internet giant Tencent Holdings Ltd dropped out of the list of the ten largest companies in the world, losing about $ 220 billion in market value this year.

Watch and jewelry brands are gradually refusing old advertizing ways of presenting new products. In recent years, two Swiss watch fairs and salons — Baselworld in Basel and SIHH in…

Unilever, one of the world's largest producers of consumer goods, on Friday announced that the company refused its plan to merge British and Dutch operating companies against the backdrop of…

American cable operator Comcast Corp. will receive more than 75% of the shares of British Sky, after completing a deal to acquire a 39% stake in the company from 21st…

2018 was not the best for European stock markets. Since January, companies in the Old World raised about $ 37 billion with the help of IPOs, compared with about $…

October 1 is the International Coffee Day. To survive in the coffee business, companies have to analyze Big Data, implement artificial intelligence and robotics technologies.

Tencent Music, the largest music streaming service with about 800 million subscribers, is planning an IPO. The Chinese company has already applied for an IPO in the US, it plans…

In the third quarter, American Tesla Inc. increased production of electric vehicles by 50% compared to the previous three months - up to 80,142 thousand.

EasyJet has improved its annual profit forecast due to cancellation of Ryanair flights, its biggest competitor, and high demand for flights.

The electricity deficit that may arise in the country in November will be covered by imports from Germany, the Belgian Ministry of Energy said.

The Labor Party Congress is being held in Liverpool on September 23 - 26. Its main theme is Brexit, and on Tuesday the party members voted for its way of…

The manufacturer of fashionable clothes and bags Michael Kors Holding Ltd is close to conclude an agreement to purchase the Italian fashion house Gianni Versace SpA, Bloomberg reports with reference…

On Monday, Canadian Barrick Gold announced purchase of London-based Randgold Resources for $ 6.04 billion with payment in the form of securities. The transaction will create the world's largest gold…

Fidelity Investments started creating services for crypto assets, and the New York State Attorney General's Office is concerned about the level of investor protection on crypto-exchanges.

Aston Martin will be the first British automaker to go on an IPO in the last few decades. The company plans to reveal its on Thursday (September 20), and the…

Coca-Cola is negotiating with the Canadian marijuana manufacturer Aurora Cannabis Inc. and is considering a possibility of starting production of soft drinks based on cannabis, reports Bloomberg.

One of the founders of Salesforce.com Inc. Mark Benioff and his wife Lynne agreed to buy Time magazine from the publishing house Meredith Corp. for $ 190 million.

For 20 years of its existence, Google has experienced a large number of ups and downs on the road to success. Everyone knows about loud victories of the company, but…

Facebook chose Singapore to open its first data center in Asia, The Wall Street Journal reported. The company plans to spend more than $ 1 billion on its creation.

Warren Buffett has not changed his attitude to the world's largest company. A week before the new Apple even, the billionaire told that his fund Berkshire Hathaway has increased its…

In the course of trading on Tuesday, capitalization of Amazon.com Inc. for a while exceeded $ 1 trillion for the first time in the Internet retailer’s history. The Amazon share…

Chinese smartphone maker Huawei increased sales by more than a third in the second quarter of 2018 and became the second in the world by this indicator, surpassing Apple, said…

Coca-Cola acquired the largest British chain of coffee houses Costa Coffee for $ 5 billion. This transaction reflects Coca-Cola’s desire to enter a new coffee market, as well as a…

Facebook launches worldwide Watch service, through which users can publish their videos, track their popularity and earn money on them.

Apple acquired the start-up Akonia Holographics, which develops holographic displays for AR-glasses. Initially, the startup specialized in holographic data storage. However, later the company reoriented to holographic displays for AR…

China warned Australia that its recent decision to ban Huawei and ZTE Corp from supplying technological equipment for the new generation 5G mobile networks will have a negative impact on…

Back in 2015, Royal Dutch Shell Plc and BP Plc expressed doubts about the future of rapidly drying oil fields in the North Sea. Now, these fears are fueled by…

Baidu Inc.’s subsidiary company, operating in the financial services sector, has obtained a license to sell mutual funds. The license is expected to help the company reduce the gap in…

Elections and appointments of all kinds are approaching in the united Europe, and so the next year will be hot in the political sense. Analysts expect a keen struggle for…