Private pension systems are becoming increasingly popular in OECD countries as system of state pensions is reducing, according to "Pensions at a Glance" report. Participation in private pension programs is currently mandatory in more than half of the organization - the total volume of assets in private pension funds in OECD countries is $ 24.8 trillion. According to authors of "Pensions at a...

On Friday, the last coal mine in England stopped work. London refused to subsidize miners because of falling demand for coal. In 2014, Britain produced 12 million tons of coal, which is 25 times less than a hundred years ago. Friday, December 18 was the last working day of the mine Kellingley in the English county of North York. No working deep coal mines remains after its closure in the UK....

Observations on consumers’ activity during holiday sales from Thanksgiving to Christmas showed that Americans are willing to spend an average of $ 630 on purchase gifts and holiday merchandise. The total sum numbers $ 140 billion. Once again, Super Saturday - latest before Christmas - brings particularly significant contribution to the sales. Traditional holiday sales season, which usually opens...

Danish Saxo Bank has released its annual forecast "Outrageous" 2016 predictions, trying to predict what will happen in 2016. The bank’s analysts believe that in the next year oil quotes will once again return to the value of $ 100 per barrel because of panic in OPEC. Venture capitalists will stop Unicorn hunting, Donald Trump will lead to the Republicans collapse, and the Olympic Games in Brazil...

Corporations are in danger. Any time, you may face a competitor with a very different business model, which will crush a sustainable business. Is it possible to avoid it? IBM team annually conducts individual interviews with senior executives, including general managers, marketing directors, CFOs, CIOs. These investigations have been carried out since 2009, with purpose to track trends and...

Many high-tech start-ups has recently preferred to stay private companies as long as possible, engaging huge sums of money in successive rounds of financing. However, say analysts at the venture division of Google, the investors mood is changing and it is possible that owners of many start-ups will soon regret relying on the booming market private investment and not holding IPO. "These companies...

Stocks of US manufacturers of small arms showed significant growth despite the general decline in the stock market. The reason for the weapons rally was the latest mass shooting that occurred in the US in early December. The incident is qualified as a terrorist act. On Monday, December 7, stock indices Dow Jones, S&P 500 and NASDAQ showed a negative trend, losing an average of about 1%....

Saudi Arabia, OPEC's informal leader, is ready to cut oil production, provided that the same obligations will be incur by members of the cartel and those countries that are not included in the organization. Saudi Arabia, the informal leader of OPEC, has expressed its readiness to support a reduction in oil production. The country is ready to take such measures if other members of the cartel, such...

Usually, November sales of cars in the United States are weak. Yet, according to research firm Autodata Corp., this time, producers have raised in the belief that the year can be completed with record figures. According to a research published by US firm Autodata Corp., car sales in the US in November, was not as sluggish as usual this month. The reason for this were lower gasoline prices,...