Companies & CEOs

Top 10 Most Expensive IT Brands

Millward Brown Optimor published its annual ranking of the most expensive brands in the world. According to analysts, strong brands generate high revenues and profits, as well as create competitive…
Published on November 26, 2015
By Iris Barker

Yahoo Is Captured by a Moral Crisis

Yahoo’s CEO Marissa Mayer has repeatedly stated that improving the Internet company’s results can take years. However, many Yahoo employees lost their patience. They believe that Mayer has no clear…
Published on November 25, 2015
By Iris Barker

Cryptocurrency for Walkers Is Invented in Japan

Japanese investors have invested about $ 10 million to create a fund and a virtual bank that will help people to raise a new cryptocurrency from walking. 10 thousand steps…
Published on November 25, 2015
By Iris Barker

Nestle Used Fruits of Forced Labor

Nestle has published a report on results of an internal review. It showed that the enterprises for extraction and processing of marine products in Thailand, which supply Nestle with products,…
Published on November 24, 2015
By Iris Barker

Bosch Got Into ‘Dieselgate’

US authorities have started an investigation into the German company Bosch. It is suspected of involvement in the scandal that erupted around Volkswagen’s diesel vehicles. The investigators believe that the…
Published on November 20, 2015
By Iris Barker

Jack Dorsey’s Square Is Cheaper Than Expected

American payment service Square held an IPO with price of $ 9 per share. This was below the lower limit set in the beginning of November ($ 11-13), and almost…
Published on November 19, 2015
By Iris Barker

“Female Viagra” Manufacturer Stumbled Across Lack of Demand

Three weeks after the US drug Addyi, enhancing libido in women, has been launched, just 227 prescriptions were issued across the US. Interested customers are discouraged by prohibition of alcohol…
Published on November 18, 2015
By Iris Barker

Chinese Tsinghua Unigroup to Lay Out $ 47 billion for Semiconductors

Chinese conglomerate Tsinghua Unigroup intends to invest about $ 47 billion in semiconductor manufacturing over the next five years. The company expects to consequently be able to enter the top…
Published on November 17, 2015
By Iris Barker

Rolls-Royce Engines Harm Rolls-Royce Cars: the Company’s Industrial Part Has Negative Impact on the Image of Luxury Cars

Head of the car company Rolls-Royce believes that the crisis in the industrial Rolls-Royce adversely affects the image of luxury cars. The top manager notes that the general public associates…
Published on November 16, 2015
By Iris Barker

Siemens to Buy Back Shares for 3 Billion Euros

"We did what we promised. Now we are well prepared to accomplish our plans for the next year", - said General Director of the German company Joe Kaeser. Profit margin…
Published on November 13, 2015
By Iris Barker

Alibaba’s Bachelor Party: How to Make $ 14 Billion a Day

As a result of yesterday's "Singles’ day" (Guanggun Jie), during which the Chinese Internet giant Alibaba annually arranges grandiose sales of goods, the e-shop broke its own record for revenue.…
Published on November 12, 2015
By Iris Barker

Apple to Expand Staff Number in Ireland

Apple Inc. decided to expand its office staff in Ireland for a thousand people, reports Reuters referring to the Irish Agency for Investment IDA.
Published on November 11, 2015
By Iris Barker

Snapchat Was Discounted by 25%

Investment fund Fidelity has reduced estimated value of the messenger Snapchat by 25%. Analysts believe that so far, the company failed to convince investors of their bankability.
Published on November 11, 2015
By Iris Barker

France to Reduce Stake in Renault to 15%

The French government still aims to reduce their stake in Renault's cars down to 15%, said Economy Minister Emmanuel Macron.
Published on November 10, 2015
By Iris Barker

The European Parliament Fell to Thinking About Tax Transactions of Disney and IKEA

A number of international companies, including IKEA and Disney, was summoned to a hearing of the tax committee of the European Parliament on issue of tax breaks given to companies…
Published on November 10, 2015
By Iris Barker

Pinterest Goes Google: The Photo Service Will Allow Searching for Items by Image

The photo hosting Pinterest introduced a new search function for pictures elements marked by users. The authors believe that the function will be especially interesting for those who are interested…
Published on November 9, 2015
By Iris Barker

ExxonMobil Followed Volkswagen: The Oil Company Is Accused of Concealing Environment Risks

US authorities have started an investigation against energy company ExxonMobil on suspicion that the company is hiding data on the climate change effect of fuel combustion from public and investors.…
Published on November 6, 2015
By Iris Barker

The Largest European Banks to Slash 30 Thousand Jobs

Standard Chartered is the third European bank to announce massive layoff in less than two weeks. The largest banks in Europe will cut more than 30 thousand jobs, or nearly…
Published on November 4, 2015
By Iris Barker

Chinese Investors Bought Vertu

EQT Swedish company, the former owner of Vertu, announced the completion of the transaction in October, and revealed the buyers - Chinese investors led by Godin Holdings.
Published on November 3, 2015
By Iris Barker

The First Homegrown Chinese Jet

Commercial Aircraft Corp. (Comac) has introduced C919 aircraft - the first Chinese commercial airliner, able to operate flights on the middle distance. The manufacturer expects the machine will be able…
Published on November 2, 2015
By Iris Barker

Visa to Finally Seal the Deal with Visa Europe

According to sources familiar with the situation, in the near future the US payment system Visa Inc. will buy Visa Europe, acting on the European market. The deal, which can…
Published on October 30, 2015
By Iris Barker

Arctic Deprived Shell of Profit

The Anglo-Dutch Royal Dutch Shell reported for the third quarter of 2015. The company ended up with a net loss of $ 6.1 billion. This was the result of the…
Published on October 29, 2015
By Iris Barker

Viagra Plus Botox: Pfizer Is in Talks to Merge with Allergan

Pharmaceutical companies Pfizer and Allergan are in talks about a possible merger. If the deal is agreed, its volume could reach $ 300 billion - it will be the largest…
Published on October 29, 2015
By Iris Barker

New York Authorities Are Skeptical That the Advertised Speed of the Internet is True

The prosecutor's office in New York demanded three leading telecommunications companies in the country to prove that the claimed speed of the Internet and data correspond to reality. The authorities…
Published on October 27, 2015
By Iris Barker

Toshiba is Launching a Big Sale… Of Their Business

Japanese Toshiba sells its business for the production of image sensors to Sony, Bloomberg reported, citing its own sources. The acquisition price is $ 164.68 million.
Published on October 26, 2015
By Iris Barker

Dorsey is Investing in Workforce

Founder and CEO of Twitter Jack Dorsey announced the transfer of a third of his stake in the company to their employees. The statement was made one week after Dorsey…
Published on October 23, 2015
By Iris Barker

Sorry, We Ran Out of… Lego?

It looks like some children will not receive their Christmas and New Year’s gifts. Not because they didn’t behave themselves – just one of the largest toy manufacturers in the…
Published on October 22, 2015
By Iris Barker

170% in two days. Planned or Improvised?

Almost everyone wants to get rich quickly, especially if engaged in trade in the financial markets. One can spend years, not having caught the right trend, yet there are individuals…
Published on October 22, 2015
By Iris Barker

Once Again, Nestlé Failed to Reach the Sales Target

Nestle, the world's largest company for the production of food and beverages, has reduced the forecast on sales growth for the current year due to the slowdown in the Chinese…
Published on October 19, 2015
By Iris Barker

Uber Gets an Unexpected Ally

Uber taxi service has got an unexpected and unusually influential ally. Boris Johnson, Mayor of London, speaking in Tokyo with a lecture about startups, urged his colleagues around the world…
Published on October 16, 2015
By Iris Barker

Lamborghini Gets Involved in the Diesel-Gate Scandal

Italian financial police raided the headquarters of the sports car manufacturer Lamborghini as part of investigations on the Volkswagen case.
Published on October 15, 2015
By Iris Barker

Tesla Batteries Will Deliver Energy into Office Buildings

Accumulator batteries, made by the automaker Tesla, will be first used in buildings: a Californian real estate developer Irvine Company announced plans for the construction of 24 office buildings, equipped…
Published on October 14, 2015
By Iris Barker

Is Alibaba Deserting the Sinking Chinese Ship?

The largest Chinese online retailer Alibaba intends to open its first European offices in Italy, France and Germany in the next few months. This was aired by the president of…
Published on October 13, 2015
By Iris Barker

Foxconn is Feasting Thanks to Apple

The world's largest electronics manufactory contractor Hon Hai Precision Industry, also known as Foxconn, shows record revenues in the III quarter thanks to orders from Apple.
Published on October 12, 2015
By Iris Barker

Valentino Goes for IPO

Qatari owners of the Italian fashion house Valentino Fashion Group SpA are considering an initial public offering (IPO) of the bags manufacturer’s shares for $ 3000, Bloomberg reported, citing sources.
Published on October 9, 2015
By Iris Barker

Deutsche Bank To Lose € 6 Billion Within Three Months

The European largest investment bank Deutsche Bank yesterday warned loss of € 6,2 bln. in its third quarter. Such record losses have been caused by the write-off of assets and…
Published on October 8, 2015
By Iris Barker

AB InBev Continues Wooing SABMiller: A New Beer Market Leader is Around the Corner

After the British brewer SABMiller twice rejected proposals for a takeover by Anheuser-Bush InBev, the latter is once again ready to improve the conditions on the deal, bringing the ransom…
Published on October 7, 2015
By Iris Barker

Twitter Gets Its Founder Back

Twitter officially announced that its founder Jack Dorsey has once again been appointed permanent CEO. Shareholders and the company's management hope that the founder will be able to give a…
Published on October 6, 2015
By Iris Barker

The Sweet News: Nestle is Going to Take Up A New Ice Cream Brand and Spring Up to Premium Chocolate Market

Nestle is in talks with R & R Ice Cream on merger of international business for the production of ice cream, according to Reuters, citing a source. The deal is…
Published on October 5, 2015
By Iris Barker

Ferrari Prepares for IPO

The volume of initial public offering could be worth $ 1 billion
Published on September 30, 2015
By Iris Barker

Japan Tobacco Adds Another Brand to The Collection

US tobacco company Reynolds American sells its brand Natural American Spirit to Japan Tobacco for $ 5 billion, according to the company’s press release. The transaction is expected to be…
Published on September 29, 2015
By Iris Barker

Shell’s Oil Search is Frozen in the Arctic

On Monday, Royal Dutch Shell announced the termination works on the exploration and production of oil in the Arctic for "the foreseeable future". This decision was taken after "disappointing" results…
Published on September 28, 2015
By Iris Barker

Hyundai Motors Recalls 470 000 Sedans

2nd of November, Hyundai Motors starts recall of 470 000 sedans Hyundai Sonata, made from 2011 to 2012, in the United States.
Published on September 25, 2015
By Iris Barker

Boeing: Made in China

China and Boeing signed the largest in the company's history deal for the supply of 300 civilian aircraft, components for which the final fine-tuning are planned to be made in…
Published on September 24, 2015
By Iris Barker

British American Tobacco Goes Eastern Europe

British American Tobacco company announced signing an agreement to purchase the Polish manufacturer of electronic cigarettes Chic Group. In addition, the British company has agreed to alliance with RJ Reynolds…
Published on September 23, 2015
By Iris Barker

A Doomsday for Volkswagen

Shares of the world's leading automakers fell against expanding scandal on Volkswagen Group’s juggling with data on harmful emissions. In the United States, the Congress and the Department of Justice…
Published on September 22, 2015
By Iris Barker

The Explosion in China Broke Zurich Insurance Group’s Plans

The Swiss insurance company Zurich Insurance Group announced the withdrawal of its bid for the British insurance company RSA Insurance Group for $ 8.8 billion. The reason for a change…
Published on September 21, 2015
By Iris Barker

Duff & Phelps : Sailing Through Complexity when Consulting

With more than 7,500 cases performed in 2014 and around 3,000 clients, the independent financial advisor has become the darling of BoDs, private equity and law firms. Now ranking 3rd…
Published on September 17, 2015
By A A

Antitrust Services Are on the Lookout for the Largest Merger in Beer Industry

The company Anheuser-Busch InBev NV, which is a producer of beer brands such as Stella Artois and Corona, strives to create a giant beer company by acquiring its main competitor…
Published on September 17, 2015
By Iris Barker

HP is Going to Clean the House Once Again

Yesterday, Hewlett-Packard introduced the corporation’s financial projections for the year 2016 in view of its impending separation into two independent companies - HP Inc. and Hewlett-Packard Enterprises (HPE). According to…
Published on September 16, 2015
By Iris Barker
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