Business news


SoftBank Plans to Expand Buyback and Cut Debt

SoftBank Plans to Expand Buyback and Cut Debt

SoftBank Group shares surged by 18.61 percent during today's trading on the Tokyo Stock Exchange, which was a record for the Japanese conglomerate over the past 12 years.


March 18, 2020
Toyota Halts Activity in Europe, Asia due to Virus Anxiety
Toyota Halts Activity in Europe, Asia due to Virus Anxiety

Toyota Motor Corp announced on Wednesday about its plans to halt output at more its facilities in Europe and Asia as the infection spread prompts...

March 17, 2020
Amazon Hires 100K Warehouse Workers as Online Orders Boost
Amazon Hires 100K Warehouse Workers as Online Orders Boost

Amazon intends to additionally hire 100,000 warehouse workers and couriers in the U.S. due to the growth of online orders on the back of...

March 16, 2020
Global Vehicle Sales To Decrease by 4% in 2020
Global Vehicle Sales To Decrease by 4% in 2020

Coronavirus powerfully affected the car industry: halting of production, vehicle sales decrease, the international car shows and new products are...

March 9, 2020
Twitter Partners with Elliot Management Corporation
Twitter Partners with Elliot Management Corporation

It became known, that Twitter Inc is going to strike a deal with Elliott Management Corporation, giving it a seat in a board just after a week the...

March 6, 2020
Nokia Lines Up Intel for 5G Technologies Helping Hand
Nokia Lines Up Intel for 5G Technologies Helping Hand

A partnership in the development of 5G technologies was concluded by U.S. company Intel and Finnish firm Nokia, according to the reports appeared...

February 28, 2020
London Stock Exchange on Way to Finalize Refinitiv Deal
London Stock Exchange on Way to Finalize Refinitiv Deal

The London Stock Exchange Group Plc  is going to conclude its $27 billion acquisition of data provider Ref. in the next part of the current...

February 27, 2020
Aston Martin Loss Increases, Finance Chief Resigns
Aston Martin Loss Increases, Finance Chief Resigns

British luxury car maker Aston Martin has reported a pre-tax loss of £104.3 million ($136 million) in 2019. Last year, in contrast, the...

February 26, 2020
Rio Tinto Reports Record Underlying Earnings Since 2011
Rio Tinto Reports Record Underlying Earnings Since 2011

Mining company Rio Tinto reported on Wednesday a record-breaking earnings since 2011 on the back of higher iron ore rates, but delivered a warning...

February 25, 2020
Tesco Leaves China, Selling Joint Venture for $357 Million
Tesco Leaves China, Selling Joint Venture for $357 Million

UK’s huge retailer Tesco announced the sale of its 20 percent stake in Gain Land with the £275M or $357M of its joint enterprising to...

February 19, 2020
General Motors to Leave Thai as Loss-Making Market
General Motors to Leave Thai as Loss-Making Market

General Motors will start discharging from office around 1,500 representatives in Thailand in June, after declaring the intention to sell its local...

February 18, 2020
Apple Warns of iPhone Outages due to Developments in China
Apple Warns of iPhone Outages due to Developments in China

Apple has warned its investors that it will have to limit the phones supply due to the suspension of operations of some plants in China due to...

New Car Sales in Europe Drop 7.4% in January: ACEA
New Car Sales in Europe Drop 7.4% in January: ACEA

European car sales tumbled in January, punched by a slothful worldwide economy, higher vehicle tariffs in some EU nations and vulnerability over...

February 14, 2020
Renault Sets Weaker Profit Objective in Crunch Reboot Year
Renault Sets Weaker Profit Objective in Crunch Reboot Year

French carmaker Renault on Friday posted its first decline in a decade and set a lower operating margin objective for 2020, a crunch year for its...

February 13, 2020
Cisco Gives Sluggish Forecast as Customers Still “On Pause”
Cisco Gives Sluggish Forecast as Customers Still “On Pause”

Cisco Systems Inc. on Wednesday predicted weak earnings and revenue in Q3 and announced that it continues to expect a slowdown in spending of...

February 12, 2020
Gucci Owner Kering Anxious on Virus After Strong Q4
Gucci Owner Kering Anxious on Virus After Strong Q4

Kering said on Wednesday the coronavirus outbreak in China could uplift vulnerabilities for the luxury merchandise market, as the group posted...

SoftBank Group Q3 Op Benefit Drops 99% Hit by Vision Fund
SoftBank Group Q3 Op Benefit Drops 99% Hit by Vision Fund

Japan's SoftBank Group Corp said on Wednesday its second Q3 working benefit slipped 99 percent, missing expert assessments, punched by declines...

February 11, 2020
Daimler Slices its Dividend After Third Benefit Alert
Daimler Slices its Dividend After Third Benefit Alert

Daimler slices its dividend on Tuesday to 0.90 euros ($0.98) an offer after 2019 income more than halved, overloaded by rebuilding and lawful...

February 10, 2020
SoftBank Headed for Rough Quarterly Profit Decrease
SoftBank Headed for Rough Quarterly Profit Decrease

Japan's SoftBank Group is on track to post a drop in benefits for the past quarter, extending worry about its capacity to verify financing for...

February 7, 2020
Uber Plans to Propel Growth, But Loses $1.1 Billion in 2019
Uber Plans to Propel Growth, But Loses $1.1 Billion in 2019

The  multi-national ride-hailing giant, Uber Technologies, predicts to make a profit in Q4 by the end of 2020, a year in advance, than the...

Suzuki Seeks China supply Alternatives, Q3 Profit Slips 11%
Suzuki Seeks China supply Alternatives, Q3 Profit Slips 11%

Suzuki Motor Corp said on Friday it was seeking for sourcing vehicle parts from outside China, as the spread of coronavirus in the nation takes...

February 6, 2020
China's Mobile Heavyweights Defy Google's Play Store
China's Mobile Heavyweights Defy Google's Play Store

China’s several tech giants, including Xiaomi, Huawei Technologies, Oppo and Vivo are combining forces to create a project for developers to...

Deutsche Bank Stocks Gain After New Investor Steps In
Deutsche Bank Stocks Gain After New Investor Steps In

On Thursday Deutsche Bank uncovered that Los Angeles-based Capital Group has taken a 3.1 percent stake, boosting stocks in Germany's biggest...

February 5, 2020
Walt Disney Shares Jump After Solid Profit and Sales Results
Walt Disney Shares Jump After Solid Profit and Sales Results

The media giant Walt Disney published its Q1 financial report since its first earnings reading after Disney+ was launched. The numbers of paying...

Siemens Presents Weaker Q1 Industrial Profit
Siemens Presents Weaker Q1 Industrial Profit

Germany's Siemens on Wednesday revealed more lower-than-anticipated industrial benefit during its first quarter as a downturn in the MF area...

February 4, 2020
Exxon Mobil’s Stock Decreases After Goldman’s Decision
Exxon Mobil’s Stock Decreases After Goldman’s Decision

Exxon Mobil securities extend lowering for the second day in a row, marking the worst results for the lat ten years, after Goldman Sachs analyst...

Weaker Environment Pushes BP to Replacement Cost Loss
Weaker Environment Pushes BP to Replacement Cost Loss

The global economic stunted growth due to the Wuhan virus outbreak could lead to a 0.5 percent decline in global oil demand in 2020, according to...

Jewelry Producer Pandora Gauges Sales Drop in 2020
Jewelry Producer Pandora Gauges Sales Drop in 2020

Danish jewelry producer Pandora, which is attempting to restore its image amid drowsy deals, said on Tuesday it had seen an improvement in the Q4...

February 3, 2020
Ryanair Postpones its Goal of Reaching 200M Passengers
Ryanair Postpones its Goal of Reaching 200M Passengers

Ryanair to take longer than it was previously estimated to reach its long-term aim of 200 million customers at annual rate on the back of...

Panasonic Posts Higher Benefit on Expenses Trims
Panasonic Posts Higher Benefit on Expenses Trims

On Monday Panasonic Corp detailed a 3 percent to ascend in Q3 operating benefit, beating expert evaluations, helped by cost slices and improvement...

Siemens Healthineers Q1 Benefit Drops on Higher Gear Costs
Siemens Healthineers Q1 Benefit Drops on Higher Gear Costs

Siemens Healthineers' operating revenue skidded 11 percent in the primary quarter, regardless of higher income, as the German organization sold...

January 30, 2020
Facebook Warns of Revenue Growth Slowdown, Shares Tumble
Facebook Warns of Revenue Growth Slowdown, Shares Tumble

Facebook shares declined significantly on Thursday, after the company delivered a warning of a revenue drop, extending the previous months losses,...

AB Volvo Plans Large Investor Payout as Profit Grows
AB Volvo Plans Large Investor Payout as Profit Grows

Swedish truck producer AB Volvo detailed a smaller than anticipated drop in final quarter profit notwithstanding easing back interest and declared...

January 28, 2020
China Virus Developments May Affect iPhone Production Plans
China Virus Developments May Affect iPhone Production Plans

Asian sources reported on Tuesday, that Apple’s initial plans to enhance iPhone production by 10 percent in the first half of 2020 may meet...

Whirlpool Surpasses Analysts’ Earnings Estimates
Whirlpool Surpasses Analysts’ Earnings Estimates

Whirlpool Corp reported on Monday that it exceeded expectations for quarterly earnings and said it expected profits in 2020 well above forecasts on...

January 24, 2020
Ericsson Q4 Income Punched by U.S. Business Lag
Ericsson Q4 Income Punched by U.S. Business Lag

Swedish telecoms equipment group Ericsson revealed a smaller than anticipated ascent in final quarter operating profit on Friday and said the...

January 23, 2020
Boeing's New CEO to Reexamine on Core Jetliner Venture
Boeing's New CEO to Reexamine on Core Jetliner Venture

Boeing Co's new CEO has sent the aviation giant back to this plan's drawing board on a proposition for another mid-market airplane,...

January 22, 2020
Daimler 2019 Profit Lost Almost 50%, Diesel Scandal Dampens
Daimler 2019 Profit Lost Almost 50%, Diesel Scandal Dampens

German luxury automaker Daimler on Wednesday gave its third benefit cautioning for 2019, as expenses identified with the diesel scandal,...

January 21, 2020
Russia's Mechel Won't Repurchase Share in Elga Coal Mine
Russia's Mechel Won't Repurchase Share in Elga Coal Mine

Russian steel and coal maker Mechel has chosen not to repurchase a stake in its greatest resource, the Elga coal mineshaft in Russia's far...

Facebook Will Hire 1,000 This Year to Boost UK Growth
Facebook Will Hire 1,000 This Year to Boost UK Growth

Over half of the new job positions will be in tech, including programming designing and data science, Facebook's VP for Europe, the Middle East...

January 20, 2020
Subaru Plans to Sell Only Electric Cars by Mid-2030s
Subaru Plans to Sell Only Electric Cars by Mid-2030s

Japan's Subaru Corp set an objective on Monday to sell just electric cars worldwide by the primary portion of the 2030s, in an advance toward...

January 16, 2020
Hyundai, Kia to Plow $110 Million in UK Arrival Ltd
Hyundai, Kia to Plow $110 Million in UK Arrival Ltd

Korea's Hyundai Group is backing a UK electric vehicle startup that intends to start selling battery-powered conveyance vans in 2021, the...

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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