Companies & CEOs

EU to impose new taxes on hi-tech giants

High-tech companies will pay for the place of registration of their content users. The European Union plans to impose a tax on technical corporations in the amount of 1% to…
Published on February 27, 2018
By Iris Barker

Chinese billionaire buys Daimler

Li Shufu, a billionaire from the Chinese city of Hangzhou bought almost a tenth of Mercedes company. This news excites now not only the German automaker Daimler, who has got…
Published on February 27, 2018
By Iris Barker

Weinstein Co. to file for bankruptcy

The producer company Weinstein Co. is going to file a bankruptcy petition. The company is trying to save its assets from the financial problems that arose when dozens of actresses…
Published on February 26, 2018
By Iris Barker

The ECB shuts off the problematic Latvian bank ABLV

On Saturday, the European Central Bank (ECB) said that ABLV, the third-largest bank in Latvia, which recently found itself at the center of the scandal after the US Treasury accused…
Published on February 26, 2018
By Iris Barker

KFC decides to save money and finds itself on the verge of collapse

Fast food restaurants chain KFC faced a real crisis, which forced the management to close a huge number of restaurants in the UK. The problems started with a new logistics…
Published on February 23, 2018
By Iris Barker

HSBC increased profit by more than 140% in 2017

The largest by market capitalization bank in Europe recorded pre-tax profits of $ 17.17 billion in 2017 compared to $ 7.1 billion a year earlier. 17 analysts polled by Thomson…
Published on February 20, 2018
By Iris Barker

Airbus promises profit growth and record deliveries

Airbus SE has promised a profit growth of 20% this year, provided that the company will be able to smooth production problems in the two key aviation programs. The company's…
Published on February 15, 2018
By Iris Barker

Comcast is aiming at Fox… once again

Comcast Corp. returned to t consideration of the purchase of part of the 21st Century Fox assets. Earlier, the cable operator left the negotiations after Fox rejected its offer of…
Published on February 12, 2018
By Iris Barker

Twitter ends the quarter in the black

Twitter Inc. on Thursday reported on quarterly net profit for the first time ever. At that, the company's results exceeded Wall Street forecasts amid rising sales of video advertising, while…
Published on February 9, 2018
By Iris Barker

Wonderbox: how to be blessed with success

Twenty years ago, the market barely existed. Today, it carries major operators which count employees by the hundreds and income by the hundreds of millions, with Wonderbox at the top.…
Published on February 8, 2018
By Editorial Team

Worst week ever for the richest people on Earth

A few days ago, Donald Trump boasted of success in the economy and finance. Yet, the collapse of the stock indices put him in an embarrassing situation, Bloomberg notes. Super-rich,…
Published on February 7, 2018
By Iris Barker

The largest hi-tech deal in the world is still in doubt

There is a storm in the sector of chip production now, and the stakes rose to one and a half hundred billion dollars. The merger of Broadcom and Qualcomm will…
Published on February 5, 2018
By Iris Barker

Weak forecast puts Apple’s shares down

Apple announced financial results for the first quarter of fiscal year 2018, which ended December 30, 2017. The company's earnings for the past holiday season increased. Yet, this did not…
Published on February 2, 2018
By Iris Barker

Samsung to produce chips for mining

South Korean giant Samsung has started production of equipment for bitcoin mining and other crypto-currencies, CCN writes citing local media. The corporation owns one of the world's largest semiconductor manufacturing…
Published on January 31, 2018
By Iris Barker

ExxonMobil to invest up to $ 50 billion in the US economy

US oil and gas giant ExxonMobil plans to invest billions of dollars in the US economy due to the recently approved reduction in corporate tax rates in the US, the…
Published on January 30, 2018
By Iris Barker

IMF: The monetary union did not equalize the incomes of Europeans

The economic and monetary union, as its architects expected, was to provide the EU with macroeconomic stability, GDP growth and equalization of the incomes of the population of rich and…
Published on January 30, 2018
By Iris Barker

Spending on lobbying activities in the Silicon Valley doubles under Trump’s presidency

Silicon Valley is breaking records. Under President Donald Trump, the costs of lobbying his interests for some of the companies have doubled. What is the reason for such high costs…
Published on January 29, 2018
By Iris Barker

What you need to know about Mitsubishi Bank’s cryptoprojects

The bank, which is the eighth largest in terms of assets, is going to create its own virtual token and crypto-exchange. Without taking into account the correction, the growth of…
Published on January 26, 2018
By Iris Barker

Nvidia wants to limit sales of video cards

One of the world's leading manufacturers of video cards for computers and laptops, Nvidia, is extremely unhappy with the high demand for its products and the fact that its prices…
Published on January 25, 2018
By Iris Barker

Ford shows unexpected profit

Last night, the American auto concern Ford presented the results of its activities for the fourth quarter and all of 2017. The company's profit grew by 65%, but the reaction…
Published on January 25, 2018
By Iris Barker

BCG: Apple means innovation

For more than ten years, heads of thousands of companies from different countries and industries have been naming Apple the most innovative company in the world. Google has just as…
Published on January 19, 2018
By Iris Barker

Google reforms YouTube after a mass exodus of advertisers

YouTube, the most popular video hosting in the world, announced new rules and toughening the process of monetizing content. Google, the company that owns YouTube, went to these unprecedented measures…
Published on January 18, 2018
By Iris Barker

SoftBank to hold IPO of its mobile division

SoftBank Group Corp. plans to hold an IPO of the Japanese telecommunications division SoftBank Corp., which could bring the company about 2 trillion yen ($ 18 billion), the newspaper Nikkei…
Published on January 15, 2018
By Iris Barker

Ford Motor bets everything on electric cars

Chairman of the Board of Directors of Ford Motor Bill Ford said that the company intends to significantly increase investment in the development of electric vehicles. According to him, the…
Published on January 15, 2018
By Iris Barker

Top 10 companies in the world by amount of investment

It turns out that technological giants overtook oil and gas companies in terms of investment in 2017.
Published on January 12, 2018
By Iris Barker

Who ordered Elon Musk’s electric trucks?

The European automotive market opened pre-orders for the Tesla Semi electric truck, launched last fall.
Published on January 11, 2018
By Iris Barker

Boeing updated records of deliveries in 2017

Boeing Corporation became the largest supplier of commercial aircraft in the world for the sixth consecutive time. The company also signed contracts for the delivery of another 912 aircraft for…
Published on January 10, 2018
By Iris Barker

Citigroup and J.P. Morgan get fined in the US

The US Financial Markets Regulation Service has imposed fines on US banks Citigroup and J.P. Morgan for providing false information and violations committed against customers.
Published on December 29, 2017
By Iris Barker

Japanese SoftBank to buy a fifth of Uber with a big discount

Japanese company SoftBank won a tender to purchase a 20% stake in Uber, the Wall Street Journal reported citing sources. At that, Uber was estimated at $ 48 billion. This…
Published on December 29, 2017
By Iris Barker

Japan’s largest bank to secure Bitcoin exchanges against collapse

Mitsubishi UFJ Trust and Banking filed a patent application for registration of a system for safe storage of users of crypto-currency exchanges in an attempt to protect customers from incidents…
Published on December 28, 2017
By Iris Barker

Amazon founder becomes billionaire of the year

Bloomberg published the final version of its list of the world’s richest people for 2017. According to the Bloomberg Billionaires Index, Amazon founder Jeffrey Bezos, whose fortune is estimated at…
Published on December 28, 2017
By Iris Barker

Uber’s new start in Europe

The European Court equated Uber to taxi companies. "This decision will not change anything for us in most EU countries, in which we are already working in accordance with the…
Published on December 22, 2017
By Iris Barker

Boeing to buy Brazilian Embraer

American aircraft corporation Boeing Co is in talks to acquire a stake in the Brazilian aircraft company Embraer SA, Reuters reports.
Published on December 22, 2017
By Iris Barker

Volkswagen sales hit record high in China

Carmaker Volkswagen has sold 3 million cars for the calendar year in China. This was a record indicator in the history of the world car market.
Published on December 21, 2017
By Iris Barker

Apple to close iTunes

Apple may discard its online music store iTunes Store. The complete closure of the service is supposedly scheduled for 2019. The reason for this is a sharp decline in downloads…
Published on December 18, 2017
By Iris Barker

BP returns to the solar energy market

British oil company BP announced buying a 43% stake in Lightsource, a company that works in the solar energy sector, for $ 200 million, thus celebrating its return to the…
Published on December 15, 2017
By Iris Barker

Facebook revises its tax policy in Europe

Facebook will no longer register all its revenue at its headquarters in Ireland. The social network intends to transmit data on income from advertising to the authorities of those countries…
Published on December 13, 2017
By Iris Barker

Airbnb to refuse Payoneer cards

The scandal, which erupted in France around Airbnb last week due to Payoneer credit cards, was resolved after a meeting of the company's representatives with Finance Minister Bruno Le Maire…
Published on December 13, 2017
By Iris Barker

Nike vs Adidas: Fighting for the World Cup 2018

Most teams at the World Cup in 2018 in Moscow will play in T-shirts with Adidas logo. However, the company’s main competitor Nike did not give up and won "on…
Published on December 8, 2017
By Iris Barker

BASF and Letter One to combine oil and gas assets

Chemical concern BASF and investment company LetterOne, owned by Russian oligarch Mikhail Fridman, are going to combine their oil and gas subsidiaries Wintershall and DEA.
Published on December 8, 2017
By Iris Barker

Airbnb is accused of supporting tax evasion in France

French Finance Minister Bruno Le Maire and Minister of Budget Gérald Darmanin will interview representatives of the Airbnb service on the practice of using Payoneer credit cards for settlements with…
Published on December 7, 2017
By Iris Barker

Is it worth buying shares of Square?

Over the past 18 months, shares of Square have risen more than 400%. The company has repeatedly outperformed forecasts for revenue and profit, while significantly increasing the EBITDA margin.
Published on December 5, 2017
By Iris Barker

Trump’s administration lets Eni into Alaska

The American division of the Italian company Eni can commence working on oil exploration in federal waters near Alaska as soon as Trump’s administration approves the permit for leasing, the…
Published on November 29, 2017
By Iris Barker

Three shares to watch out this week

Let’s talk about how much the number of Autodesk subscribers has grown, how Ambarella's innovations are developing and whether Kroger managed to catch up with competitors.
Published on November 28, 2017
By Iris Barker

Samsung’s shares plummeted thanks to Morgan Stanley’s forecast

Samsung Electronics Co Ltd’s shares on Monday fell more than 4%, to a minimum in a month, after Morgan Stanley lowered its recommendations for the South Korean technology giant, pointing…
Published on November 27, 2017
By Iris Barker

Meredith Corp. to pay nearly $ 3 billion for Time Inc.

American media company Meredith Corp is buying Time Inc, publisher of the magazines People, Sports Illustrated and Fortune. Meredith is going to pay $ 1.84 billion in cash with the…
Published on November 27, 2017
By Iris Barker

What a deal with Volvo means for Uber

For all its technical complexity, Uber is a relatively easy-to-understand business. The company does not have physical assets, and it does not hire drivers - the software connects people who…
Published on November 24, 2017
By Iris Barker

Exxon, Shell to reduce emissions from gas production

US oil and gas giant Exxon Mobil has joined European partners, including Royal Dutch Shell and Total, in a new initiative to find ways to reduce emissions in its gas…
Published on November 23, 2017
By Iris Barker

Switzerland builds up export of watches

Export of watches from Switzerland in October 2017 increased by 9.3% compared with the same month a year earlier - to 1.85 billion Swiss francs ($ 1.86 billion), according to…
Published on November 22, 2017
By Iris Barker

Hackers stole data of 57 million Uber users

Uber taxi service was subjected to a hacker attack, during which hackers stole data of 57 million passengers and drivers of the company, reports Bloomberg.
Published on November 22, 2017
By Iris Barker
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