Companies & CEOs

In six months, Iran will turn into a potentially very profitable market for companies that are not afraid of Washington's sanctions.

Societe Generale SA (SG) has reached an agreement to pay more than $ 1.33 billion of fines. The agreement is related to negotiations with the regulators of the United States…

International rating agency Standard & Poor's (S&P) lowered the long-term credit rating of Deutsche Bank issuer from "A-" to "BBB +"; the forecast is "stable".

For the first time in its 130-year history, the world's largest diamond mining corporation De Beers begins to sell diamonds created in the laboratory. This is stated in a statement…

European companies are curtailing activities in Iran after the recent announcement by John Bolton, who promised fines and other punishments to those who would continue to cooperate with the Iranians.

The Financial Times and the US publishing house New York Media, which owns the New York Magazine, withdrew part of their ads from Facebook in response to introduction of new…

The court of New York satisfied claim of American performers to the streaming service Spotify. After two trials, Spotify will pay musicians $ 112 million. This is the first time…

In the first quarter of 2018, Samsung Electronics consolidated its position as the leader in the global chip market. For the first time, the company has become the leader in…

Head of the London financial department JPMorgan Chase & Co Oliver Harris will be responsible for the bank's crypto-currency strategy. He will also head a project developed by Quorum company…

The first quarter of this year turned out to be quite profitable for two banking giants from Europe.

Strike of Air France staff, held from February 22 to May 8, cost the company € 400 million. Number of the company’s passengers decreased by 8.7%. Having failed to find…

Total and Clean Energy Fuels Corp have entered into a broad strategic agreement to convert heavy trucks to natural gas. Total agreed to buy 50.8 million shares of Clean Energy…

Royal Bank of Scotland Group Plc reached a preliminary agreement on payment of $ 4.9 billion to settle the US claims in investigation of transactions with mortgage securities. This is…

Donald Trump’s decision to withdraw from the Iran nuclear deal could lead to billions of losses for international business, which has concluded dozens of major Iranian contracts since 2015.

Scientists at the University of Sydney found that the tourism industry is responsible for a significant amount of greenhouse gas emissions into the atmosphere. According to their calculations, 8% of…

On Tuesday, US President Donald Trump announced that the US is withdrawing from the agreement with Iran on the nuclear program reached by the six international mediators (Russia, the United…

The American cable operator Comcast Corp will ask investment banks to increase financing by $ 60 billion. The company needs cash to make an offer to buy media assets, which…

Based on the results of the ECB's stress tests, the capital of the largest banks in Greece could be reduced by € 15.5 billion with an unfavorable scenario of the…

Accusations of fraud and collusion are filed against the former director of the German company Volkswagen Martin Winterkorn in the federal district court of Michigan (USA), reports Bloomberg.

American mobile operator T-Mobile US Inc. signed an agreement to purchase Sprint Corp. for $ 26 billion. The competing companies are trying to unite for the third time in four…

Online merchants are blaming Alibaba for taking revenge. They argue that the Chinese giant is vigorously trying to oust competitors from the sector. For this purpose, it is imposing its…

Elon's undeniable talent in advertising is useless when it comes to organizing large-scale production. The company urgently needs its Henry Ford or Kiichiro Toyoda.Recall actions are standard practice for automakers.…

Large British companies, including Tesco, Marks & Spencer and Sainsbury's, decided to abandon disposable plastic packaging and shift to recyclable plastic. By 2025, companies, which account for about 80% of…

American Facebook Inc., which owns the world's largest social network, recorded record profits in the first quarter of 2018 and increased revenue by 49%.

Altaba Inc. (former Yahoo! Inc.) will pay $ 35 million to settle claims of the Securities and Exchange Commission (SEC), which considered that the company misled investors, without disclosing the…

Listing on the New York Stock Exchange (NYSE) is looking increasingly attractive to high-tech companies, even though they previously preferred to be placed on the specialized high-tech exchange NASDAQ. Experts…

One of the world's largest companies serving the oil and gas industry, Halliburton, reported writing off $ 358 million of investments in Venezuela. This is the last package of funds…

Revenue of the Swiss company Nestle SA in the first quarter of 2018 increased by 2.8% (organically). Consensus-forecast of Bloomberg was 2.5%.

The British business will suffer serious losses if they stop following rules and statutory acts of EU after Brexit. This is stated in a study of the Confederation of British…

Novartis concluded an agreement to acquire the American company AveXis, which develops drugs for gene therapy at the clinical stage. The deal amounts to 8.7 billion dollars or 218 dollars…

It will not be possible to solve the problem with the security of data in Facebook in a few months, said the founder of the social network Mark Zuckerberg.

Quotes of Intel fell 9% after Bloomberg reported that Apple would refuse the partnership with the supplier of chips for Mac computers. Apple will begin to switch to the chips…

China's previously announced response to imports from the US has entered into force on Monday. Beijing is urging Washington to negotiate in order to prevent even more damage to relations…

Swiss Re AG shares jumped after Bloomberg reported that the Japanese SoftBank Group Corp. is approaching the purchase of a 25% stake in the Swiss reinsurer, valuing the company at…

Quotes of Amazon fell more than 5% after media reported about the "obsession" of US President Donald Trump with an idea to increase the tax burden on the company.

The largest British pharmaceutical company GlaxoSmithKline Plc (GSK) on Tuesday announced repurchase of share of the Swiss Novartis AG in their joint venture over-the-counter drugs for $ 13 billion.

High demand from investors allowed the cloud service Dropbox to assess their shares above the already increased previously range on the eve of the IPO. After the start of trading…

The British company De La Rue, produces banknotes, stamps, stamped paper and passports for many countries of the world, reported that it failed to win a contract for printing new…

The world's largest online retailer, the Amazon corporation, is now priced more than Alphabet, which owns Google. The company of Jeff Bezos reached the second place in the list of…

Shares of Facebook fell by more than 7% after reports that the British analytical company Cambridge Analytica illegally received personal data from social network users to compile psychological portraits of…

The Saudi Arabian Sovereign Public Investment Fund (PIF) will acquire a $ 400 million stake in the US Endeavor, the world's largest agency for hiring show business representatives. This is…

This summer can become a point of no return for Tesla. The manufacturer of electric cars made a bet on the mass market, investing in the Model 3 billion dollars,…

While the Italian airline Alitalia, which commenced the bankruptcy procedure in the last year, is still trying to survive, its competitors are already fighting for its place in the sky.…

Theresa May's government is in limbo and is becoming less popular with the British. The cabinet of conservatives got another unexpected blow as the British-Dutch company Unilever announced a decision…

The SEC (Securities and Exchange Commission) yesterday released a decision on the fraud case opened against top managers of the scandalous biotechnological start-up Theranos. According to the American oversight agency,…

The American children's items and toys chain Toys R Us announced that it is going to liquidate its business in the United States. Thus, the remaining 735 stores Toys R…

Twitter is perhaps the most popular microblogging service in the world. This social network allows exchanging short (no more than 280 characters) messages.

The popular American cryptocurrencies trade platform Coinbase announced launch of the Coinbase Index Fund. The new tool will allow investors accredited in the US to work with all already existing…

Chief Executive Officer of Kobe Steel Hiroya Kawasaki will resign in connection with the scandal about the falsification of data, which shook the Japanese manufacturing industry last year, reports Nikkei.

Saudi Arabia has chosen banks to arrange the placement of dollar bonds. Among them were JPMorgan Chase & Co. and HSBC Holdings Plc, reports Bloomberg referring to sources familiar with…