Companies & CEOs

Sales of fashion house Valentino in 2015 could reach $ 1 billion. Over the last year, sales increased by 59%, and did triple since 2012. That's when the company was…

Japanese gaming giant Nintendo decided on the new leader. The company will soon be headed by Pokemon’s former CFO, Tatsumi Kimishima. This was reported by CNET.

Google has announced the launch of Android Pay payment service enabling payments via smartphones at cash desks in shops and payment terminals. For now, the service will be available in…

A number of new, long-awaited Apple products have been finally presented. Before we look in detail at all that has been shown, let’s have a quick overview on what the…

German civil aviation pilots union Vereinigung Cockpit announced the expansion of the strike action before the start scheduled on September 8.

The world's leading mining and trading company Glencore Plc announced on Monday an ambitious plan to reduce its debt by a third. Termination of payment of dividends, the additional issue…

Japanese company Toshiba may report a loss of about $ 83 million (10 billion yen) in its reporting on the results of 2014-2015 fiscal year, according to local newspaper Yomiuri,…

China's largest online retailer - the company Alibaba - launched streaming video service. So far, Netflix’s competitor is available only in China via TV operating system for smart TV.

Barclays has become the first major British bank to accept Bitcoins. For now, the scope of their use will be limited by donations transfer to charitable organizations, but in the…

The division of the German insurance company Allianz, invests in infrastructure projects, is interested in buying a French airport “Nice Cote d'Azur”, as well as the fifth largest airport in…

The Federal Court in Los Angeles received a claim from residents of the State of California, accusing Nestle in use sea products from Thailand, which was caught with slave labor.…

During the first month of free access to Windows 10, users have downloaded the system into over 75 million computers and tablets in 192 countries. According to analysts, the Windows…

Boeing Corporation before the end of 2015 may lay off "several hundred employees" of its satellite division due to the uncertainty of the US military spending and delays in orders…

Major technology companies, for instance Facebook, LinkedIn, Amazon, Yelp, Twitter, exist only thanks to their users. Company HowMuch.net counted price of each user for every company, dividing the market capitalization…

The French airline Air France-KLM intends to expand its low cost carriers business to improve the competitive position in the field of cheap flights in Europe, the head of Transavia,…

Samsung Electronics launched its own payment system called Samsung Pay. Currently the service is available only to residents of South Korea, but Samsung promises to soon come up with the…

American manufacturer of communications Motorola Solutions plans to acquire the British service provider Airwave Solutions. The deal amounted to 1 billion pounds, or $ 1.6 billion.

Employees of the British branch of the internet store Amazon complained that their working conditions lead to physical fatigue and burnout. It is reported by The Guardian.

Contract electronics manufacturer Foxconn, also known as Hon Hai Precision Industry, reported slowing earnings growth amid falling sales of iPhone. Buyers are waiting for the fall to see new products…

US Department of Justice will examine the transactions of Citigroup bank with companies associated with the Mexican billionaire Carlos Hank Rhon. According to documents that got to Bloomberg, the American…

Microsoft has revealed the true purpose of such computer games as “Minesweeper”, “Hearts”, “Solitaire” and “FreeCell”.

The European Space Agency (ESA) and Airbus Safran Launchers (ASL, a joint venture between Airbus Group and Safran) signed an agreement on building of the carrier rocket Ariane of the…

Sales of passenger vehicles (including SUVs and minivans) in China fell in July to the lowest in 17 months, despite the increase in discounts, reports Bloomberg.

Google announced a major restructuring, which involves the creation of a new holding company Alphabet. Alphabet, which was headed by Larry Page and Sergey Brin, will include Google itself and…

Berkshire Hathaway is close to signing an agreement to purchase the US steel corporation Precision Castparts, whose main customers are Airbus and Boeing. The transaction amount is estimated at $…

The largest operating company in the world Pacific Investment Management Co. (PIMCO) managed to cope with the consequences of withdrawal of one of its founders, Bill Gross, said Dieter Wemmer,…

Elon Musk’s company has reduced the annual forecast on supply of its electric vehicles. Now, the automaker intends to release 50-55 thousand cars, the lower threshold has not been announced…

One of the world's largest online retailers - Chinese Alibaba Group announced the appointment to the post of the company’s President a well-known investment banker, former vice-chairman of the US…

In the second quarter, Apple ceded the leadership of the Chinese smartphone market to local companies Xiaomi and Huawei, being now satisfied with third place. Samsung and another Chinese smartphone…

Three companies, involved in bottling and selling Coca-Cola in Europe, decided to merge their operations to simplify the production and improve efficiency. According to the newspaper The Wall Street Journal,…

The number of active Twitter users for the II quarter 2015 increased by 8 million? Perhaps, but only on the basis of those who use the service through SMS. In…

In 2016 the document on the budget of the famous BBC is expires. The UK authorities have seriously thought about whether the company has the right to receive 3.7 billion…

Yesterday, Google has stopped the sale of a number of applications in its online store Google Play over concerns about the fact that these applications are helping to cheat advertisers.…

In October 2011, when Steve Jobs was gone, internet boiled up with analytics about the company’s immediate future. Most often it sounded like ‘This is the end’. Only lazy did…

American software giant Microsoft is preparing to acquire an Israeli developer of information security Adallom. The deal amounted to $ 320 million.

Internet video subscription service Netflix has announced that the company will push for the acquisition of Time Warner Cable by Charter Communications Inc, if the latter provides free access to

American mobile operator Verizon is betting on the news. The company have decided to sign a contract with the news content supplier Vice Media and is going to sell it…