Apple announced creation of the first European development center for iOS applications in Italy in order to provide students the opportunity to gain practical skills in developing applications for mobile operating system iOS. IOS applications development center will be located at a partner institute in Naples and will provide support for teachers, and set up a special curriculum allowing...

Microsoft CEO Satya Nadella announced that cloud services worth $ 1 billion will be provided free of charge to non-governmental organizations, universities and laboratories within three years. More than 70 thousand organizations will receive free access to the cloud platform Azure, office suite Office 365, PowerBI services, customer relationship management systems (CRM) and so on. "What to do...

Today, the British-Dutch oil and gas company Royal Dutch Shell has published its preliminary results for the fourth quarter and for the entire 2015. The company estimates that quarterly profit fall almost doubled to $ 1.6-1.9 billion, and the annual slump occurred to be even more dramatic, to $ 10,4-10,7 billion. Official results will be published on 4 February. Royal Dutch Shell today published...

Petronas is forced to cut spending by $ 11.4 billion. The Malaysian state oil company had to work out new savings plans when quotes for Brent crude fell below $ 30 a barrel. The Capex reduction program is designed for 4 years. Petronas is the largest source of income for the country. One-third of the annual budget of Malaysia is formed from the proceeds of the company. Here we can draw quite...

Cuban authorities were allowed to register the trademark of the famous rum brand Havana Club in the US market. Before, Cuba has been in a long-standing dispute with the private company Bacardi for this brand’s eligibility. Cuban state enterprise "Cubaexport" has got the right to register the trademark of the famous rum brand Havana Club in the US market. Office of Patent and Trademark Office has...

The company General Electric (GE) plans to sell its household goods division to Qingdao Haier Co Ltd for $ 5.4 billion, reported the press service of GE. It is expected that the transaction will bring GE net profit of 20 cents per share. GE itself assess the unit ten sizes more than the company's profit before interest, taxes, depreciation and amortization in the last 12 months. If the...

McDonalds Corporation is going to face serious troubles in Europe, since three consumer groups in Italy have filed an antitrust lawsuit in the EU, claiming that the fast-food chain uses illegal franchise conditions. The complaint, which is supported by the American and European trade unions, alleged that McDonalds is abusing its dominant position in the market, harming consumers and taking...

Yesterday, the US subsidiary of the Qatari TV channel Al Jazeera - Al Jazeera America - announced its intention to stop broadcasting because of difficult business conditions in the US media sphere. The channel will stop operating in April this year. The company plans to focus on digital services. On Wednesday, the television channel Al Jazeera America announced its closure: it will stop...

The Chinese company Dalian Wanda Group has acquired the Hollywood film studio Legendary Entertainment for $ 3.5 billion, reports AP. It is noted that the chairman of the conglomerate Wang Jianlin is the richest man in China. His fortune is estimated at more than $ 24 billion. The company will own both Legendary’s intellectual property rights, and its movies. At a press conference in Beijing, Wang...