Business news


SoftBank prepares what might become largest ever IPO

SoftBank prepares what might become largest ever IPO

SoftBank Group, a Japanese multinational conglomerate, announced today its decision to sell stocks in one of its units worth 2.4 tln yen or $21 bln.


November 6, 2018
William Hill cuts its 2018 profit forecast
William Hill cuts its 2018 profit forecast

The cautioning of smaller yearly profits have come from William Hill company in the wake of the closure of a range of client accounts with the...

November 2, 2018
IKEA could start small shops in UK city centers
IKEA could start small shops in UK city centers

Ikea, Sweden’s furniture designing and retailing company, prepares to launch a program of smaller shops in city centers as its first try in...

October 29, 2018
Royal Bank of Scotland tries to mitigate risks of Brexit
Royal Bank of Scotland tries to mitigate risks of Brexit

RBS has created a financial cushion of £100 mln pounds to deal with potential bad loans resulting from Brexit issue, which signals that it...

October 25, 2018
Tesla earns record $311 mln
Tesla earns record $311 mln

Tesla has posted profit in the third quarter, which happened only twice during its 15 years of operation.

October 24, 2018
Lloyds and Schroders joined forces aiming to expand
Lloyds and Schroders joined forces aiming to expand

Lloyds together with Schroders yesterday announced they had made an agreement worth several billion pounds on wealth management that is looking to...

October 23, 2018
Addison Lee aims to start using autonomous cars within 3 years
Addison Lee aims to start using autonomous cars within 3 years

Addison Lee, a taxi company stationed in London, deems their clients will be prepared to use driverless taxis in as little as three years.

October 22, 2018
Ryanair chief expects a tough season for Europe’s airlines
Ryanair chief expects a tough season for Europe’s airlines

Michael O’Leary of Ryanair sees other airlines going bankrupt, while the low-cost carrier loses 7% in income due to climbing prices on oil...

October 16, 2018
Coinbase opts for Dublin as new office location ahead of Brexit
Coinbase opts for Dublin as new office location ahead of Brexit

Coinbase is setting up offices in the Irish capital as a precautionary step against consequences of a no-deal Brexit.

October 12, 2018
RBS makes its long-awaited dividend payment
RBS makes its long-awaited dividend payment

Dividend payout to investors renewed by Royal Bank of Scotland since it nearly crashed during the crisis of 2008.

October 10, 2018
Google files appeal against multibillion fine
Google files appeal against multibillion fine

Google is seeking to fend off a whopping €4.3 bln fine for purported promotion of its search engine through the Android OS.

HSBC settles U.S. Department of Justice investigation with $765m fine
HSBC settles U.S. Department of Justice investigation with $765m fine

British bank HSBC Holdings has reached a deal with the U.S. Department of Justice to pay a penalty of $765 million to settle the case on...

October 9, 2018
BoE points to high level of loans to indebted firms
BoE points to high level of loans to indebted firms

The BoE expressed its worries in relation to the quick rise in loans to local indebted companies. This year’s lending to such borrowers made...

October 5, 2018
Unilever’s London headquarters to stay, move to Rotterdam declined
Unilever’s London headquarters to stay, move to Rotterdam declined

Unilever turned down an initiative to pull up its roots and move the firm’s head office to the Netherlands today despite shareholders calls,...

October 4, 2018
Comcast to obtain more than 75% of Sky shares
Comcast to obtain more than 75% of Sky shares

Comcast, the American cable TV company, to get more than 75% of Sky shares, coming nearer to accomplishing the $40 bln deal of taking over the...

Aston Martin’s stocks tumble as trading begins
Aston Martin’s stocks tumble as trading begins

The start of Aston Martin in the stock market has been unimpressive, as its shares fell to £17.75 during the initial trading, while their...

October 3, 2018
Tesla manufacturing grows to record levels
Tesla manufacturing grows to record levels

Tesla, an American electric car company, has reported that its output of vehicles in the past quarter was unprecedented, fending off questions of...

October 2, 2018
U.S. technology doing well after restructuring
U.S. technology doing well after restructuring

U.S. tech sector performs quite alright on Wall Street, following a loss of two crucial components a week ago, moved to communication services.

October 1, 2018
Ryanair lowers profit projections after strikes
Ryanair lowers profit projections after strikes

Yearly profits of Ryanair will fall short of previously forecasted, the company cautioned, citing strikes and bigger fuel prices.

September 27, 2018
Twenty-First Century Fox’s Sky stake will go to Comcast
Twenty-First Century Fox’s Sky stake will go to Comcast

Fox of Rupert Murdoch has made an agreement with Comcast of selling its Sky stake, winding up Rupert Murdoch’s connection to the British...

September 19, 2018
Germany looking to protect tech from takeovers by China
Germany looking to protect tech from takeovers by China

Germany prepares measures to work against soaring bids of Chinese firms for stakes in German tech companies, planning a €1-bln fund...

September 18, 2018
Audi brings electric sport utility vehicle to U.S.
Audi brings electric sport utility vehicle to U.S.

Audi, Germany’s car producer, yesterday presented its new electric SUV in the United States aiming to compete with Tesla, also bringing...

September 12, 2018
Tesco’s discount chain Jack’s is due to open within days
Tesco’s discount chain Jack’s is due to open within days

Britain’s top retailer Tesco is going to unravel the details of its new discount project Jack’s in the coming week, the move aimed at...

September 11, 2018
China’s Alibaba and Russia’s firms will join forces for new internet marketplace
China’s Alibaba and Russia’s firms will join forces for new internet marketplace

The biggest online sales platform of China Alibaba is going to launch a joint venture together with sovereign wealth fund of Russia, MegaFon...

Firms in England more upbeat about Brexit consequences than rest of country
Firms in England more upbeat about Brexit consequences than rest of country

Firms in England show their mood is more upbeat as to the ability to withstand Brexit’s effect compared to other regions of the country,...

September 10, 2018
Volkswagen shareholders try to get compensation following emissions row
Volkswagen shareholders try to get compensation following emissions row

Volkswagen stands in court today as investors are demanding compensations for €9.2 bln, claiming the firm should have told investors about the...

September 5, 2018
William Hill plans cooperation with casino company in U.S.
William Hill plans cooperation with casino company in U.S.

William Hill is working out a partnership agreement with Eldorado Resorts, U.S. casino firm, according to the company. The move was reported...

Amazon becomes second $1 trillion firm in U.S. after Apple
Amazon becomes second $1 trillion firm in U.S. after Apple

Amazon yesterday expanded the list of $1 tln U.S. public companies, being the second ever after Apple, as its stock price jumped more than 100% in...

September 4, 2018
ING will pay €775 mln for insufficient commitment to countering crimes
ING will pay €775 mln for insufficient commitment to countering crimes

ING, a bank headquartered in Netherlands, has expressed willingness to pay €775 mln in fines as it recognized faults in bank policies aimed at...

August 29, 2018
Aston Martin plans to go public
Aston Martin plans to go public

British carmaker Aston Martin Holdings Ltd. announced its intention to list shares on the London Stock Exchange before the end of the year. The...

August 28, 2018
Complaints of data leaks rapidly rise after GDPR introduction
Complaints of data leaks rapidly rise after GDPR introduction

The Information Commissioner’s Office receives twice as many complaints of possible data siphoning from the launch of more stringent...

Toyota announces investment in Uber to co-develop self-driving automobiles
Toyota announces investment in Uber to co-develop self-driving automobiles

Toyota, a Japanese car manufacturer, is going to make $500 mln investment in Uber, looking to scale joint activity and start driverless vehicle...

August 24, 2018
UK’s competition authority investigates merger deal between Sainsbury's and Asda
UK’s competition authority investigates merger deal between Sainsbury's and Asda

The UK’s Competition and Markets Authority has started an inquiry to determine if the initiated £12 bln merger of Sainsbury’s and...

August 21, 2018
Musk’s plan of taking company private taken with caution, Tesla’s shares plummet
Musk’s plan of taking company private taken with caution, Tesla’s shares plummet

Shares of the U.S. electric car manufacturer Tesla were in turbulence yesterday as Musk’s plan to take the firm private raised questions as...

August 17, 2018
Walmart sees its shares soar 10% after report of ballooning internet sales
Walmart sees its shares soar 10% after report of ballooning internet sales

Walmart, the biggest U.S. retailer, reported an astounding 40% surge in its sales over the internet in the three past months, which lifted sales on...

Google’s new search engine for China falls under criticism from own workers
Google’s new search engine for China falls under criticism from own workers

Several hundred Google workers have filed to the firm expressing their discontent with the developed special-edition search engine for China that...

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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