Elon Musk stirred up the whole world of investment banking services with his message on Twitter about the possible transfer of Tesla to the category of private companies. The fact is that no company of Tesla scale has yet been bought by private investors. Moreover, the standard way to do this, that is, burdening the company with debts of borrowed funds, is not an option for the automaker, since...

The French oil and gas company Total stopped operating in Iran, Iranian Oil Minister Namdar Zangeneh said. "Total officially left the South Pars project, Phase 11," Zangeneh noted. He recalled that the company announced withdrawal from the agreement more than two months ago. Total acted as the leading participant in the consortium for the development of the world's largest gas field. The...

Chinese Lenovo Group Ltd, one of the world's largest PC manufacturers, has returned to a profitable level in the first financial quarter against the backdrop of an increase in profitability of all major divisions. The company's press release states that its net profit for the quarter ended June 30 was $ 77 million compared to a net loss of $ 72 million for the same period last year. Earnings...

In the II quarter, Chinese tech giant Tencent Holdings Ltd recorded a drop in net profit for the first time in almost 13 years due to weaker performance in the mobile and computer games segment. This is reported by Reuters. Tencent's net profit in April-June amounted to 17.87 billion yuan ($ 2.59 billion), a decrease of 2% in annual terms. This is the first decrease in profit since the third...

British Petroleum Corporation hopes for a second chance in the shale oil market in the United States and has already bought oil and gas fields from BHP Billiton for $ 10.5 billion. For the most part, the British giant missed the early stages of the American oil revolution. Trying to recover from consequences of explosion of the Deepwater Horizon oil drilling platform in 2010 and pay off...

The American company Monsanto, previously acquired by the German Bayer for $ 66 billion, lost a case in the San Francisco District Court. The company will be liable to pay a $ 289 million fine to a school gardener DeWayne Johnson, who was diagnosed with cancer after using the Roundup herbicide. In 2014, Johnson was diagnosed with non-Hodgkin's lymphoma. He used the Roundup for many years and...

Despite the scandal, the financial affairs of the trading giant reached a climax thanks to the rise in prices for commodities. Swiss mining and trading company, Glencore PLC, one of the world's largest suppliers of raw materials, including oil, reported for January-June. The company showed a record profit in the first half of the year due to a sharp rise in raw material prices. The net income...

Japanese authorities concluded that three Japanese companies - Mazda, Suzuki and Yamaha - improperly conducted exhausts and fuel economy checks of cars and motorcycles. Earlier, some more local automakers, including Mitsubishi and Nissan, were accused in the same. On Thursday, August 9, the Japanese Ministry of Transport reported that three major automakers - Mazda, Suzuki and Yamaha Motor -...

Head of Tesla Inc. Elon Musk said that he is considering selling the company to private investors. He stated this in a Twitter message, noting that he thinks of selling the company to private investors at a price of $ 420 per share. At the same time, he hinted that he has already received an offer to buy the company. According to him, he also "hopes that at the same time all current investors of...