Business news



Ford and Volkswagen discuss new van development

Ford and Volkswagen discuss new van development

Ford and Volkswagen started negotiations on cooperative development of vans lineup. Both of global car manufacturers were considering a strategic alliance to have an edge over their rivals, they said, but no details were disclosed.


June 20, 2018
Disney offers over $70 bln for Fox trying to beat Comcast
Disney offers over $70 bln for Fox trying to beat Comcast

Disney company has lifted the offered amount for 21st Century Fox, which now makes up $71.3 bln, it is proposed in cash and shares, earlier the sum...

June 19, 2018
JPMorgan was levied a multimillion fine on linked to ISDAfix Manipulation
JPMorgan was levied a multimillion fine on linked to ISDAfix Manipulation

JPMorgan Chase was fined $65 mln by the U.S. CFTC as the company agreed for settling charges of trying to manipulate a benchmark interest rate,...

June 18, 2018
Google to invest $550 million in China's big e-commerce player
Google to invest $550 million in China's big e-commerce player

Google decided to invest $550 million in the Chinese online retailer JD.com, the second largest player in the country after Alibaba, which owns...

June 15, 2018
AT&T completes its takeover of Time Warner
AT&T completes its takeover of Time Warner

AT&T completed its acquisition of Time Warner, CNBC reported. Although the U.S. Justice Department could appeal the court's decision even...

June 14, 2018
Apple to update iPhone software to stop hackers
Apple to update iPhone software to stop hackers

Apple has promised to change the default settings of its iPhone to prevent unauthorized access to its smartphones.

Rolls-Royce to cut 4,600 jobs over two years
Rolls-Royce to cut 4,600 jobs over two years

The British engineering firm Rolls-Royce has announced it is to cut 4,600 jobs or 8% of the staff as part of a major restructuring of its business....

June 13, 2018
Tesla to slash thousands of jobs to cut costs
Tesla to slash thousands of jobs to cut costs

U.S.-based manufacturer of electric vehicles Tesla Inc. said it will cut about 9 percent of its staff in order to reach profitability. Through the...

June 11, 2018
KPMG accounting firm is fined several millions pounds in the UK
KPMG accounting firm is fined several millions pounds in the UK

UK’s accounting regulator imposed a £3.2 mln or $4.3 mln fine on KPMG today for Quindell company audit shortcomings, following double...

June 8, 2018
China’s ZTE escapes a ban on working with American companies
China’s ZTE escapes a ban on working with American companies

Chinese firm ZTE, standing at the second place among telecommunication equipment producers, managed to get a ban lift on dealing with American...

June 7, 2018
Amazon will stay in the UK after Brexit, prepares to create new jobs
Amazon will stay in the UK after Brexit, prepares to create new jobs

Amazon will make over 2,500 new jobs in Britain in 2018, among which are 650 head office positions, as the web-based retailer expresses its...

June 6, 2018
21st Century Fox and Comcast will contest Sky
21st Century Fox and Comcast will contest Sky

British government has given a go-ahead to a billions-of-pounds wrestling match for Sky between 21st Century Fox and Comcast. Matt Hancock, British...

Tesla shareholders keep Musk power at company
Tesla shareholders keep Musk power at company

Tesla shareholders at an annual meeting on Tuesday voted against the proposal to reorganize the post of chairman of the board of directors and CEO,...

June 4, 2018
Microsoft on course to buy GitHub
Microsoft on course to buy GitHub

Microsoft Corp. on Monday could announce the purchase of GitHub, Bloomberg reported. GitHub has decided selling the company to going public....

Two Europe’s largest banks eye merger
Two Europe’s largest banks eye merger

Italian UniCredit is considering a merger with the French Societe Generale, the Financial Times reported. The management of the Italian bank has...

June 1, 2018
Charges of criminal cartel are brought against three large banks in Australia
Charges of criminal cartel are brought against three large banks in Australia

Australia’s responsible authority said that ANZ, Deutsche Bank and Citigroup are charged with criminal cartel. The issue is linked to ANZ...

May 29, 2018
Two Chinese firms are among top-10 most valuable brands
Two Chinese firms are among top-10 most valuable brands

China’s two companies have entered the top-10 list of the most valuable brands in the world, which is the first such case. 

May 28, 2018
Qualcomm is about to get approval of China for merger with NXP
Qualcomm is about to get approval of China for merger with NXP

It is said that China is about to grant permission to Qualcomm for acquiring NXP, a semiconductor company from the Netherlands. 

Coca-Cola launches its first alcoholic drink ever
Coca-Cola launches its first alcoholic drink ever

Coca-Cola for the first time ever has launched a drink containing alcohol, Japan Times reported. Lemon-Do is a strongly carbonated flavored drink...

Softbank refuses to buy stake in Swiss Re
Softbank refuses to buy stake in Swiss Re

The Japanese technology conglomerate Softbank has ended negotiations on the purchase of a minority stake in Zurich-based Swiss Re. The parties do...

May 25, 2018
U.S. jury orders Samsung to pay $539m to Apple
U.S. jury orders Samsung to pay $539m to Apple

A U.S. court has ordered Samsung to pay $539 million to Apple Inc for copying patented smartphone features, Bloomberg reported. 

May 24, 2018
Deutsche Bank prepares to shed several thousand jobs
Deutsche Bank prepares to shed several thousand jobs

Deutsche Bank has shocked the City by saying that several thousand of its workers globally are going to be let go. Germany’s leading bank is...

May 23, 2018
Marks and Spencer to close 100 stores by 2022
Marks and Spencer to close 100 stores by 2022

Within the scope restructuring of the retail structure, Marks and Spencer plans to close 100 stores before 2022. The company had been shut 21 of...

May 22, 2018
Blackstone to buy LaSalle Hotel for $4.8 bln
Blackstone to buy LaSalle Hotel for $4.8 bln

LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, overpassing a rival bid from...

May 17, 2018
UK’s new rules will allow only up to £2 stakes on betting terminals
UK’s new rules will allow only up to £2 stakes on betting terminals

UK’s government presented future rules saying that the highest stake on fixed-odds betting terminals is going to be decreased to £2. At...

May 14, 2018
Centrica has seen higher demand for energy during the Beast from the east colds
Centrica has seen higher demand for energy during the Beast from the east colds

Centrica that owns British Gas has reported its profits go to plan, as the Beast from the east that brought colds to the country caused rise in...

Uber appoints Amazon executive for key European position
Uber appoints Amazon executive for key European position

Uber has hired former Amazon responsible for electronics retail business Jamie Heywood as new regional general manager for northern and eastern...

Xerox backs out of its $6.1bn merger deal with Fujifilm
Xerox backs out of its $6.1bn merger deal with Fujifilm

U.S.-based technology firm Xerox dropped its multibillion-dollar deal with Fujifilm Holdings Cor to create Asia joint venture Fuji Xerox and...

May 11, 2018
Apple announced of a new greener technology for aluminum production
Apple announced of a new greener technology for aluminum production

Apple and two metal manufacturers – Alcoa and Rio Tinto, have launched a joint venture with the purpose of smelting aluminum in a new way,...

Silver Lake to buy property portal ZPG for $3 Billion
Silver Lake to buy property portal ZPG for $3 Billion

U.S.-based Silver Lake has reached an agreement on the acquisition of the British ZPG for 2.2 billion pounds, which owns the largest property...

May 10, 2018
China’s ZTE ceases sales due to U.S. sanctions
China’s ZTE ceases sales due to U.S. sanctions

China's ZTE, one of the world’s largest telecom equipment makers, has suspended all major activities less than a month after the U.S....

BT to axe 13,000 jobs in restructuring plan
BT to axe 13,000 jobs in restructuring plan

BT, Britain's largest telecoms operator, is to cut near 13,000 jobs over the next three years and abandon its central London headquarters in...

May 8, 2018
Shell sells stake in Canadian Natural for $3.3 billion
Shell sells stake in Canadian Natural for $3.3 billion

Shell Gas B.V, unit of Royal Dutch Shell Plc., is selling its stake in oil-sands producer Canadian Natural Resources Ltd for $3.3 billion (2.43...

Takeda buys London-listed Shire for 45.3 billion
Takeda buys London-listed Shire for 45.3 billion

Japan’s Takeda will buy Irish rival Shire for 45.3 billion pounds ($61.50 billion). The offer is valued at 48.17 pounds a share according to...

May 7, 2018
Shares of Air France slump sharply amid deepening crisis
Shares of Air France slump sharply amid deepening crisis

Air France shares dropped 14% in morning trading on Monday amid the latest problems at the troubled air carrier. It was the first time when...

Nestle to pay $7.15 billion for rights to sell Starbucks coffee
Nestle to pay $7.15 billion for rights to sell Starbucks coffee

Nestlé SA and Starbucks Corp.’s have reached an agreement, according to which the Swiss maker of Nescafe is getting the rights to sell...

May 4, 2018
Lenovo to be dropped from benchmark Hang Seng Index
Lenovo to be dropped from benchmark Hang Seng Index

The Hang Seng Indexes Company will exclude the shares of Lenovo Group Ltd. from Hong Kong’s benchmark stock gauge due to a sharp slump in...

Buffett's Berkshire Hathaway buys additional 75 mln Apple shares
Buffett's Berkshire Hathaway buys additional 75 mln Apple shares

Berkshire Hathaway Inc., controlled by Warren Buffett, bought an astounding 75 million shares of Apple, CNBC reported. Berkshire Hathaway already...

May 3, 2018
Xiaomi files for Hong Kong IPO
Xiaomi files for Hong Kong IPO

China-based smartphone maker Xiaomi intends to raise around $10 billion, having filed for an initial public offering in Hong Kong, Bloomberg...

May 2, 2018
Goldman Sachs fined $110 million for unsafe forex trading
Goldman Sachs fined $110 million for unsafe forex trading

Goldman Sachs Group Inc. will pay about $110 million to settle claims that it used "unsafe and unsound practices" in its foreign exchange...

April 30, 2018
Sainsbury to buy Walmart Inc.’s Asda for $20.67 billion
Sainsbury to buy Walmart Inc.’s Asda for $20.67 billion

Walmart has agreed sell of its British arm Asda Group Ltd. to rival J Sainsbury PLC in a deal worth about £15 billion ($20.67 billion). 

T-Mobile and Sprint reach deal to merge
T-Mobile and Sprint reach deal to merge

T-Mobile and Sprint, two of the four biggest wireless players in the U.S, agreed to merge. The new company aims to create a better so-called 5G...

April 26, 2018
Tesla's head of Autopilot departs
Tesla's head of Autopilot departs

Tesla Inc.’s Autopilot chief Jim Keller is leaving the automaker to focus on developing microprocessors in another company. He will be...


Business as the main participant of transactions in the Forex and stock markets

Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.

Business as the foundation of intensive development of the economy and financial markets

The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.

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