State Council of the People's Republic of China promulgated a pilot project that provides for the sale of shares and depositary receipts of major Chinese technology companies located on foreign exchanges. This scheme is supposed to return these companies to China and ensure that Chinese shareholders benefit from such a return. Many technology companies have been established in China in recent...

Consulting company Colliers International Group reports that prices for warehouse real estate began to outpace the prices for office real estate in the US due to rapid development of Internet commerce. Other researchers note that growth of Internet trading leads to fundamental changes not only in the commercial real estate market, but also in the air transportation industry, software and...

The world no longer needs an "extraordinary" monetary stimulus, says Klaas Knot, member of the board of governors of the European Central Bank. He said that the ECB should play its role by completing the bond buying program after September, writes Bloomberg. "The main priority is the normalization of monetary policy and strengthening of the economic and monetary union," said Knot, who also heads...

Every fifth of all new jobs created around the world in 2017 emerged in the tourism industry, according to a new large study by the World Travel and Tourism Council (WTTC). The study said that 7 million new jobs were created in tourism around the world in the last year (there are 313 million jobs now). The global travel and tourism sector grew by 4.6% last year, which is 50% higher than in the...

On March 26, China has formally launched trading in oil futures in yuan, which became the first futures on the mainland of China for foreign investors. The volume of the first day of trading in yuan oil futures exceeded $ 2.9 billion, according to China Central Television. Shanghai International Energy Exchange began trading in oil futures, hoping to compete with the main targets of the oil...

French Finance Minister Bruno Le Maire intends to bring the country to the forefront of the "cryptorevolution." In particular, he told Numerama: "The revolution is on the way. I encourage you not to stand aside as spectators - it's time to take action. The industry of virtual finance is not our enemy, it will help strengthen our economy." Following this statement, the Minister announced...

After Islamists used commercial drones deliver ammunition to militants in Iraq and Syria, military-industrial complexes of different countries decided to catch up and began to introduce their own military drones. The UK Last year, SteelRock company presented the drone "Velvet Wasp" at the air show in Dubai. The UAv, which is ideally operated by two people, is capable of dropping a...

The US, which plans to become a serious competitor to Russia in the gas market in Europe, became a net exporter of gas for the first time in 60 years. In recent years, the country has systematically increased production, expanded the supply of pipe gas to Mexico and Canada, and also built liquefaction plants. In the fight for the market, Washington bets on LNG, the production of which in the US...

Investments of the world's leading automakers, which are preparing for the boom of electric vehicles, are now flowing not to the emerging markets, such as China or India, but to the US and the European Union, in particular, Germany. This is reported by the international consulting company Ernst & Young (EY). Nowadays, German companies are the most active investors in the production of...