Coal is justly considered the cheapest yet the dirtiest fuel in the world. Its extraction creates a huge number of jobs, gives a multiplicative economic effect, and also provides many countries with heat and electricity. And the coal era seems to have come to an end. Power station Hazelwood in the Australian state of Victoria commenced to generate electricity 52 years ago. A bright symbol of the...

Markets are overestimating political risks in Europe and are lessening chances of a recession in the US, say analysts of Saxo Bank. The risk premiums in euros and European assets are likely to disappear after the French elections, senior investor of the Danish bank Steen Jakobsen said. Economic growth of the European region can surpass growth in the US during Donald Trump’s presidency, as...

According to Thomson Reuters, the global initial public offering (IPO) experienced a real takeoff in the first quarter of 2017. Volume of funds raised during the IPO amounted to $ 32.8 billion, which is 142% more than in the first quarter of last year. Rise of the IPO market has been recorded in all regions of the world, with the highest growth noted in the US and Latin America. According to...

The European Commission may refrain from introducing interim antidumping duties on supplies of hot-rolled steel from Russia, Ukraine, Brazil, Serbia and Iran in April. According to analysts, this turnabout is associated with an increase in domestic prices for hot-rolled steel in the EU, which compensates for dumping. However, the final decision on duties will be taken in October, and market...

Experts say that owners of London "premium" class real estate started to actively offer their own housing through such sites as Airbnb. This phenomenon can be explained by decline in prices for such kind of property and cost of long-term lease in expensive areas of London. Bloomberg reported that owners of London luxury real estate are increasingly putting their apartments and houses for sale and...

Operators of fitness centers, manufacturers of sports and non-sports goods are actively exploiting a surge of love for sport and a healthy lifestyle in China. Sales of sporting goods rose by 11% last year to $ 27 billion, and are expected to rise even more as the country’s authorities adopted a five-year health promotion campaign a few months ago. The Chinese literally fell in love with sports...

In 2016, The UK attracted more venture investments than France, Germany, the Netherlands and Denmark taken together. Apparently, the country’s decision to leave the European Union (Brexit) has not yet affected the British start-ups. According to the annual Tech City UK survey, venture capitalists invested 6.8 billion pounds ($ 8.5 billion) in British high-tech companies in the last year. This...

On Tuesday, one of the largest supermarket chains in North America, Sears, said that results of its operations raise "doubts about the company's ability to continue its operations." Experts note that the market is somehow ready for possible bankruptcy of one of the largest and oldest retail chains in the US. This is not a particular case, but a general trend - traditional retailers are finding it...

Most likely, world buyers of beef will soon be forced to quickly supply meat from several countries if the scandal in the Brazilian meat sector of continues, as imposed prohibitions and policies are limiting trade flows, Reuters reports citing market analysts. China suspended imports of all meat products from Brazil, the world's largest beef exporter, as a precautionary measure, after inspectors...