Companies & CEOs

In 2016, stocks of AMD enjoyed increased demand from investors. They soared by almost 430% on the back of growing sales of chips for the year. However, the situation changed…

In the near future, Alphabet (Google) is going to face new proceedings in Europe, European competition commissioner Margrethe Vestager said during her trip to Beijing, Reuters reports.

Chinese Internet giant Tencent Holdings Ltd. has dramatically improved its results in the III quarter due to the success of games such as Honor of Kings, and the fast-growing revenue…

American investment fund Indigo Partners will buy 430 aircraft from the family A320neo from the air manufacturer for $ 50 billion. The liners will be available to four budget airlines.

Swiss bank Credit Suisse agreed to pay $ 135 million to the bank authority of New York to settle a lawsuit on illegal activities in the foreign exchange market.

Last week, stocks fell in price, and the indices of Dow Jones Industrial Average and S&P 500 lost slightly less than 0.5%. Nevertheless, they remain near record figures, and have…

The largest US toy manufacturer Hasbro made an offer to buy the second-largest producer Mattel, reports Reuters with reference to informed sources. This transaction could support Mattel. The company has…

International rating agency Fitch Ratings has lowered the credit rating of Petroleos de Venezuela SA () to a level one step higher than that before the default, Bloomberg reports.

Producer of wireless chips Broadcom offered to buy out its competitor Qualcomm for $ 130 billion. The price is calculated from the cost of Qualcomm shares on November 2 (when…

The French government has started selling 4.73% stake in the automaker Renault, France Presse (AFP) reported referring to a statement of the state agency for managing state assets.

Chips manufacturers Ambarella and Qualcomm have much in common. Both companies experienced difficulties this year due to increased competition, although Qualcomm's positions may have worsened due to Apple's litigation for…

Apple and Microsoft, the two largest technology companies, have been fighting for decades, and their shareholders received generous dividends. But which stocks are more profitable to buy now?

Apple may jettison Qualcomm chips already in the next generation of products, reports The Wall Street Journal. The company from Cupertino for years considered the Qualcomm modems to be the…

Concern Amazon is looking for a place for the second headquarters. Many American cities are trying to interest the company with generous financial offers, not caring about taxpayers.

The Frankfurt court refused to approve the decision by the Director General of Deutsche Boerse, Carsten Kengeter, of charges of insider trading. Recall that he had to pay € 500,000.…

Tesla and the Shanghai authorities are discussing a possibility to build a Tesla factory in China's free trade zone, The Wall Street Journal reported citing sources familiar with the negotiations.

As tension in Spain is intensifying, the Catalan separatists are finding new opportunities for the struggle for independence that could strike Madrid.

If shares of a company have been growing steadily over a couple of months, this is certainly good. But such a result can hardly be compared with a consistent growth…

State Petroleum Corporation of China PetroChina and Sinopec offered to buy 5% of Saudi Aramco’s shares directly from Saudi Arabia, without waiting for their planned initial public offering.

Bloomberg reports that Bombardier’s management is now looking for investors ready to buy back part of the company's assets. According to sources, the case in hand is Bombardier Q400 and…

Elon Musk founded SpaceX in 2002 with the ambitious goal to colonize Mars someday. Yet, traveling to the Red Planet is still far away, so now the company develops reusable…

German magazine Der Spiegel reports that the prosecutor's office in Munich is preparing a charge against European aircraft company Airbus. The company may be accused in using the system of…

The world’s largest online retailer, Amazon.com, is testing its own delivery service, which may become a serious competitor to FedEx and UPS. The American company plans to reduce the time…

Siemens is getting rid of all shares of high-tech German lighting manufacturer Osram. The remaining stake of 17.5% (18 million shares) will be sold to investors for 1.2 billion euros,…

The committees of the US Congress on Defense approved allocation of more than $ 400 million to strengthen the country's anti-missile defense in connection with the increased threat from North…

It is expected that the advertising revenue of Snap in the US in 2017 will decrease by $ 127.5 million compared with earlier forecasts. This is reported by eMarketer.

Automotive concern Ford Motor Co plans to cut spending by $ 14 billion in the next five years, said company CEO Jim Hackett.

Yesterday, British travel company Monarch Airlines announced its bankruptcy, which has become the biggest crash among British airlines in recent years. The company’s problems can affect the 110 thousand British…

The profit of the top ten US banks increased by 19 percent in the first half of 2017. The same figure for the banks of the EU climbed up just…

BlackBerry’s quarterly results exceeded the forecasted figures. In addition, the company improved its annual revenue forecast against the background of record sales of the software division, writes Reuters.

The strategy "Move fast and break the order of things" seems to be failing. This is an unofficial motto of successful technological start-ups and status quo infringers such as Uber…

Toshiba Corporation officially announced conclusion of a deal to sell its semiconductor business to a consortium of companies led by investment fund Bain Capital, Yonhap agency reports. The deal value…

Experts from Boston Consulting Group analyzed activity in the global M&A (mergers and acquisitions) market and found out that approximately 70% of technology companies were bought by corporations working in…

Google Corporation will allocate its online shopping service Google Shopping to a separate unit to comply with requirements of the European Commission and to avoid a serious penalty due to…

The French government supported the plan to strengthen the position of the national industry through cooperation with companies from Germany. Paris has given its approval to a deal to merge…

American corporation Apple lost more than $ 56 billion of market capitalization. Taiwanese, South Korean and Chinese component manufacturers also suffered tangible losses after it turned out that the world…

The Japanese government raised about 1.3 trillion yen ($ 11.6 billion) by selling a stake in Japan Post Holdings Co. and having completed the largest in this century public offering…

The battle for excellence in the GPU (graphics processor) segment between Advanced Micro Devices and NVIDIA is becoming fiercer with each quarter. In 2016, AMD seized a significant market share…

American military-industrial company Northrop Grumman Corporation is buying a supplier of technologies for the aerospace and defense industry Orbital ATK. The price is expected to amount to $ 7.8 billion…

Messenger for corporate correspondence Slack was estimated at $ 5.1 billion. During the next round of financing, however, the application attracted $ 250 million, the Financial Times reported.

Republican Senator Orrin Hatch and Democratic Senator Ron Wyden asked Equifax to explain a hacking, which resulted in hackers gaining access to personal information of about 143 million Americans. The…

The largest European airlines, probably, will have to consolidate their units engaged in low-cost air transportation in the future. This is necessary to win the struggle for leadership with aggressive…

Credit Bureau Equifax Inc., one of the three largest in the United States, reported a massive cyber security breach. Hackers have got access personal data of nearly half the US…

Goldman Sachs, the most powerful bank in the world, is concerned about too lengthy growth in markets. Should we listen to these warnings and why are bankers suddenly disliking bubbles?

A new study by consulting firm Counterpoint's Market Pulse, held in July of this year, shows that Huawei has significantly outperformed Apple in terms of smartphone sales in June and…

A lot of things can go wrong with sea transportation: cargo can be damaged, a delay can occur, a storm can knocks a ship off course etc.

Nowadays, Amazon is one of the world’s most successful companies. But how the company achieved such an incredible results?

The World Trade Organization rescinded the decision that the $ 8.7 billion tax relief that the US government granted to Boeing was considered illegal. In late December last year, the…

Diamond giant De Beers decided to spend a record for the past 10 years amount on advertising diamonds in an attempt to return wealthy buyers.