Business news


Huawei founder gets ready to beat U.S. tough situation

Huawei founder gets ready to beat U.S. tough situation

The founder of China’s Huawei said on Tuesday that the company will ensure the uninterrupted flow of equipment even at great cost as well as by a more thorough control of really efficient managers, who would be ready for “live-or-die moment” amid further U.S. export curbs.


August 20, 2019
Swiss watch foreign sales to Hong Kong lost 1.3% in July
Swiss watch foreign sales to Hong Kong lost 1.3% in July

Swiss watch foreign sales to their major market Hong Kong tumbled slightly a 1.3 percent in July during the progressively aggressive...

August 19, 2019
Microsoft, Nvidia collaboration graphic boost for Minecraft
Microsoft, Nvidia collaboration graphic boost for Minecraft

On Monday Microsoft Corp stated it will utilize chipmaker Nvidia Corp's real-time ray tracing innovation to give the product firm's...

August 15, 2019
Alibaba mounts, earnings report again exceeds expectations
Alibaba mounts, earnings report again exceeds expectations

Alibaba Group, one of China’s largest holdings, reported its quarterly earnings report on Thursday, which as it occurred exceeded again...

August 14, 2019
GM and Ford to be ready for possible economic downturn
GM and Ford to be ready for possible economic downturn

The two largest U.S. companies are get ready for a potential economic crisis, as it became known the day before from the representatives of...

August 13, 2019
Amazon plans to expand its market share in India
Amazon plans to expand its market share in India

Amazon.com to expand its presence in the Indian market, being in the final stages of  talks on the acquisition of a 10 percent stake in local...

August 9, 2019
Huawei presented Harmony OS in response to U.S. trade limits
Huawei presented Harmony OS in response to U.S. trade limits

On Friday Huawei Technologies presented its OS for smartphones and different gadgets, as U.S. exchange confinements forced in May take steps to...

August 8, 2019
Apple vs Kaspersky Lab - anti-monopoly investigation in Russia
Apple vs Kaspersky Lab - anti-monopoly investigation in Russia

Apple is on the trail in Russia following an application from cybersecurity organization Kaspersky Lab and might be violating its overwhelming...

Adidas shares down despite optimistic profit data
Adidas shares down despite optimistic profit data

On Thursday Adidas AG stated that its second-quarter net income firmly gained, and supported its annual standpoint.

Coca-Cola Co. revenue drops, due adverse weather conditions
Coca-Cola Co. revenue drops, due adverse weather conditions

On Thursday Coca-Cola HBC AG revealed a 10 percent decline in total earnings before income tax for the primary portion of 2019 after enrolling...

August 7, 2019
British Airways cancels 91 flights because of IT glitch
British Airways cancels 91 flights because of IT glitch

British Airways holidaymakers going from London for their days off have been hit by cancellations and delays after a system malfunction.

Tesla ponders to raise prices in China in September
Tesla ponders to raise prices in China in September

U.S. electric car producer Tesla Inc is thinking about lifting its rates in China from September amid yuan-related insecurity, two individuals...

Lower cobalt prices hit Glencore first-half earnings
Lower cobalt prices hit Glencore first-half earnings

On Wednesday Glencore Plc presented an almost 33 percent fall in first-half operating income, missing market anticipations, as it was punched by a...

August 6, 2019
Jeff Bezos offloaded Amazon shares worth $2.8 billion
Jeff Bezos offloaded Amazon shares worth $2.8 billion

Amazon.com Inc CEO Jeff Bezos dumped out $990 million worth of stocks in the firm last Thursday and Friday, considering the total estimation of...

August 5, 2019
Pizza Hut plans to focus on delivery service
Pizza Hut plans to focus on delivery service

The company Yum! Brands, which owns a chain of restaurants, will close hundreds of its Pizza Hut locations in the next two years, focusing on...

SoftBank Corp reports higher profit in first quarter
SoftBank Corp reports higher profit in first quarter

On Monday Japanese telco SoftBank Corp stated its operating revenue in the quarter finished June gained 4 percent, following figures, as the number...

Murdoch's Fox Corp plans to buy Credible Labs for $397 million
Murdoch's Fox Corp plans to buy Credible Labs for $397 million

U.S. Fox Corp agreed with Credible Labs Inc on Monday on a bargain worth of $397 million, as the Murdoch-subordinated company tends to grow after...

August 2, 2019
Google allows Europe's users set search engine
Google allows Europe's users set search engine

Google will allow Android gadget users in Europe pick their default web search engine from four choices, including Google search, the U.S....

Apple suspends Siri service valuation due to privacy issues
Apple suspends Siri service valuation due to privacy issues

It was reported on Friday that Apple Inc suspends its program, designed to analyze voice recordings of users interacting with Siri voice assistant,...

August 1, 2019
Cleaner cars output affects BMW earnings
Cleaner cars output affects BMW earnings

BMW's second-quarter profit declined by a fifth, struck by currency rate moves and capital outlay in electric and hybrid cars production to...

July 31, 2019
Apple aims to $1 trillion in market value
Apple aims to $1 trillion in market value

On Wednesday stocks of Apple Inc gained 4.2 percent, after the firm quieted Wall Street nerves with an upgrade in sales in China and as a few...

Chip-making materials export delays blur Samsung’s outlook
Chip-making materials export delays blur Samsung’s outlook

The South Korea’s tech giant Samsung Electronics informed on Wednesday that the current Japan’s chip-making materials supply curbing...

July 29, 2019
Ryanair profits drop amid lower fares and Brexit worries
Ryanair profits drop amid lower fares and Brexit worries

Ryanair has revealed a 21 percent earnings decline to 243 million euros in the first quarter of the current financial year.

July 26, 2019
New vehicle security system leaves insurers in limbo
New vehicle security system leaves insurers in limbo

Automakers want to accelerate the new auto technology system adoption that is designed to prevent accidents, while insurance companies in...

Vodafone to split its tower business, considering further listing
Vodafone to split its tower business, considering further listing

On Friday England's Vodafone revealed project to isolate its mobile mast operations in EU into another organization that it conceivably could...

Renault lowers revenue target amid degradation in demand
Renault lowers revenue target amid degradation in demand

Renault cautioned income may decrease the current year, rejecting a past goal, after first-half gains were hit by tightening car demand and a...

July 25, 2019
Toyota plans to invest $600 million in China's Didi Chuxing
Toyota plans to invest $600 million in China's Didi Chuxing

Toyota reported on Thursday that it had plans to invest more than half a billion in Didi Chuxing, China’s world's leading rideshare...

July 8, 2019
Julius Baer appoints new insider CEO from September, 1
Julius Baer appoints new insider CEO from September, 1

Swiss private bank Julius Baer has appointed his current employee Philipp Rickenbacher as a new CEO, according to a bank’s press release,...

Deutsche Bank to cut 18,000 jobs by 2022
Deutsche Bank to cut 18,000 jobs by 2022

The Deutsche bank is going to publish a net loss report, which will reflect a 2.8 billion euros, or $3.14 billion tumble, according to...

July 5, 2019
General Motors sales in China drop for 4th quarter at run
General Motors sales in China drop for 4th quarter at run

General Motors’ sales results in the Q2 in China slipped by 12.2 percent. The U.S. automaker has suffered because of a slowing economy in the...

July 4, 2019
BMW and Daimler join capacities to develop new technologies
BMW and Daimler join capacities to develop new technologies

BMW and Daimler intend to join forces to develop new technologies in the automated driving segment as a necessity under the terms of declining...

Misleading advertising disconsiders Samsung’s reputation
Misleading advertising disconsiders Samsung’s reputation

The AССС (Australian Competition and Consumer Commissioт) sued the local unit of Samsung Electronics Co Ltd for allegedly misleading consumers with...

July 3, 2019
Huawei to remain in Entity List despite Trump’s promise
Huawei to remain in Entity List despite Trump’s promise

A senior U.S. official representative told to employees of the Commerce Department that Huawei should be boycotted, just after U.S. President...

Sainsbury's reports decrease in Q2 retail sales
Sainsbury's reports decrease in Q2 retail sales

Sainsbury's PLC said that its retailing sales declined by 1.2 percent in the Q1 of fiscal 2019, which was caused by poor underlying sales, and...

July 1, 2019
Coca-Cola gets right to sell its own line of energy products
Coca-Cola gets right to sell its own line of energy products

Coca-Cola Co. got the American Arbitration Association decision regarding selling of its own line of energy drinks with the name Coca-Cola Energy,...

June 28, 2019
Lego and Blackstone to acquire Madame Tussauds owner
Lego and Blackstone to acquire Madame Tussauds owner

The world famous Lego’s founder and the Blackstone foundation are involved in the acquisition of the $7.5 billion attraction operator Merlin...

June 27, 2019
Bayer changes its attitude to glyphosate lawsuits
Bayer changes its attitude to glyphosate lawsuits

Bayer shares boosted on Thursday after the German giant stepped up measures to deal with the multi-billion dollar issue of glyphosate. This move...

June 25, 2019
AbbVie to acquire Allergan for $63 billion
AbbVie to acquire Allergan for $63 billion

The market is agitated by another big deal, this time between AbbieVie and Allergan Plc. This is about the purchase of the Botox manufacturer...

June 24, 2019
Caesars Entertainment acquired by Eldorado Resorts
Caesars Entertainment acquired by Eldorado Resorts

It was officially announced a merger of Eldorado Resorts Inc and Caesars Entertainment Corp. The first one buys the second one for about $8.5...

June 20, 2019
Boeing looks for new 737 MAX sales after IAG order
Boeing looks for new 737 MAX sales after IAG order

Boeing is in talks with other companies about more sales of 737 MAX after receiving information about the intentions of the International Airlines...

June 19, 2019
Apple explores where to move its China’s production capacity
Apple explores where to move its China’s production capacity

Apple Inc. has asked its major partners to estimate costs in the event of a shift of 15-30 percent of production capacity from China to Southeast...

June 18, 2019
Facebook throws light on Libra cryptocurrency
Facebook throws light on Libra cryptocurrency

Facebook Inc unveiled on Tuesday its plans to launch a new cryptocurrency called Libra, one of the latest developments in the company's desire...

June 17, 2019
U.S. companies slowly, but surely reign in Huawei’s ban
U.S. companies slowly, but surely reign in Huawei’s ban

U.S. chip suppliers for Huawei, including Qualcomm and Intel, are progressively affecting the U.S.-based Huawei technology prohibition, although...


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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