Yesterday, the US court found guilty British trader Navinder Sarao, whose actions contributed to collapse of the United States stock exchange, known as the Flash Crash, in 2010. While in Britain, the trader manipulated market quotes with techniques previously common in the hacker environment. This, coupled with actions of stock trading software, resulted in a 600 points-avalanche of Dow Jones....

Over the next five years, global demand for oil will grow from 93 million barrels per day (b/d) to 99.2 million b/d. By 2040, the figure may reach 109.4 million b/d, according to updated long-term forecast of OPEC. Meanwhile, the International Energy Agency (IEA) is expecting a more modest growth of 103 million b/d by 2040 (new forecast will be published on 16 November). Increased demand will...

Volume of overdue loans in portfolios of European banks has reached $ 1.3 trillion. Slow growth of economy and ultra-low interest rates are complicating the bad debts problem of, according to KPMG research company. Liquidation of the non-performing debts problem may take a few decades, warned analysts of Dutch audit company KPMG. According to their estimates, cited by Bloomberg, current volume of...

Transnational beer corporations are losing ground around the world. The beer market is stagnating. According to BusinesStat, consumption volumes from 2009 to 2013 decreased by 2 billion liters. Against this background, strong growth of rather pricey craft beer seems surprising. This sector has grown steadily in the past five years, and the small brewery has attracted much interest from the...

Pinot noir, cabernet and merlot may disappear. It's all about global warming: the higher the temperatures rise, the faster grapes mature. Experts fear that certain varieties of grapes will no longer be suitable for production of wine, while the overall quality of the drink worse. This year, volume of wine produced in the world has reached four-year low after bad weather had a negative impact on...

According to Moody's, cheap steel products from Russia and China, price volatility and rising raw material costs will preserve negative outlook for the European steel products market over the next 12-18 months. "Imbalance of global and regional supply and demand will continue to put pressure on the sector in general, and steel prices in 2017. This, in turn, will increase risk of receiving less...

Slowdown in economic activity in the oil-producing countries, including Arab countries of the Persian Gulf, struck a severe blow at the local real estate market. Market participants are not sure about how long will such a situation persist, and when will the prices touch the bottom. According to Core Savills real estate company, prices for commercial rental property fell in half of Dubai’s areas...

Buick became the first American manufacturer, which came in the top 3 American magazine Consumer Reports on Monday released a new car safety rating. Having analyzed more than half a million cars, the editors have once again recognized Lexus and Toyota the most reliable car brands. Many, however, were surprised that GM's Buick occupied the third place. This success automatically made the carmaker...

Shares of the largest manufacturers of consumer products have always been considered a safe haven for investors during economic instability. However, recent reports of global companies show that many of them are facing an unusual combination of serious challenges, from instability in emerging markets and increased competition with local manufacturers to increase in raw material prices and...