Handling personal data of citizens by governments of different countries creates difficulties in the work of IT companies. However, some regard these problems as new opportunities, as demonstrated by the Techcrunch Disrupt Berlin 2018 conference. The European start-up event Techcrunch Disrupt Berlin 2018 showed that in the coming years, the key requirement for successful startups (besides the...

After Qatar’s historic decision to withdraw from OPEC, Qatar Petroleum CEO Saad Sherida al-Kaabi announced that the state-owned oil and gas company plans to invest more than $ 20 billion in the US oil and gas sector, Reuters reported. Qatar Petroleum is considering investing in "traditional and unconventional gas and oil," Kaabi said. The Qatari company owns a controlling stake in the Golden...

On Wednesday, the US Fed expectedly raised its key rate by 0.25 percentage points, to the range of 2.25–2.5% per annum. The American watchdog is optimistic about the state of the economy in the country, despite the slowdown in inflation. However, it pointed to the risks associated with the state of the global economy. Softening of the position of participants in the open market committee is also...

Effectiveness of investments in design is underestimated. Companies investing in this direction are one-third more profitable and generate one and a half times a greater flow of dividends and capitalization gains for shareholders. These findings of McKinsey & Co study are very unusual: everyone theoretically knows about significance of design for business, yet it is a peripheral activity for...

The European Central Bank confirmed plans to end the quantitative easing program to combat deflation in December 2018. In total, during the program, the regulator has bought up bonds (corporate and public debt) for $ 2.6 trillion. Funds from their repayment will be reinvested, but only after the key rate starts to grow. At the same time, at least until the end of the summer of next year, the bank...

The International Air Transport Association (IATA) expects that 2019 will be successful for the global aviation industry: net profit of airlines will grow by 9.9% to $ 35.5 billion, while revenue will turn out to be record - $ 885 billion. The forecast is based on expectations of lower fuel prices and global GDP growth of 3.1%. According to IATA experts, economic and political risks may have a...

Combination of several unique factors inspires hopes that rumors about death of the crypto market have once again been exaggerated. This year in the world of cryptocurrency is marked by several landmark events, some of which can be called even historical. Everyone who follows the news probably heard of them. But few people pay attention to an unprecedented combination of well-known and...

According to estimates of the German industry organization Frankfurt Main Finance, financial companies and banks will transfer assets in the amount of € 750–800 billion from London to Frankfurt before March 2019 in preparation for the UK’s withdrawal from the European Union. Press release of the organization noteds that, according to Frankfurt Main Finance, the European Central Bank received 37...

The financial sector is the largest taxpayer in the country, but experts fear a decline in fiscal charges after Brexit. Financial services companies in the UK paid a record £ 75 billion in taxes in the last fiscal year. However, the largest players in the City of London warned that Brexit could cut a hole in the industry’s tax revenues in the coming years if the agreement is not reached....