Business
World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.
Champagne makers vote for smaller harvests as sales lose their fizz
20.07.2024
Champagne makers vote for smaller harvests as sales lose their fizz
The French champagne committee, along with producers have suggested slashing the number of grapes harvested in 2024, following disappointing champagne…
Global cyber crash: The effect of technology outages on companies
19.07.2024
Global cyber crash: The effect of technology outages on companies
A software update from cybersecurity firm CrowdStrike caused chaos across the globe on Friday as computer systems were thrown into…
Producer prices in Germany fall for the 12th consecutive month
19.07.2024
Producer prices in Germany fall for the 12th consecutive month
The German year-on-year producer price index (PPI) report for June came in on Friday morning at -1.6%, according to the…
European stocks extend losing streak as global tech outage disrupts key sectors
19.07.2024
European stocks extend losing streak as global tech outage disrupts key sectors
European stock markets extended their losses on Friday, suffering the longest losing streak since October 2023, as tech outage triggered…
Microsoft and CrowdStrike shares fall pre-market trading as IT outage hits
19.07.2024
Microsoft and CrowdStrike shares fall pre-market trading as IT outage hits
“There is chatter that cybersecurity firm Crowdstrike ran an update which didn’t work on Microsoft’s operating system and that caused…
Netflix surpasses subscriber expectations in the second quarter
19.07.2024
Netflix surpasses subscriber expectations in the second quarter
The world’s largest video streamer, Netflix, reported second-quarter earnings that exceeded analysts’ forecasts in all aspects due to the success…
Markets recap: Sharp retreat amid global tech wreck
19.07.2024
Markets recap: Sharp retreat amid global tech wreck
Stock markets across the globe are likely to end the week in the red due to a sharp retreat in…
How the global Microsoft IT outage is impacting businesses worldwide
19.07.2024
How the global Microsoft IT outage is impacting businesses worldwide
Airlines impacted Airlines were among the companies that took to social media to update passengers on flight disruptions after reports…
Essilor Luxottica eyes up youth market in US via billion-dollar Supreme deal
18.07.2024
Essilor Luxottica eyes up youth market in US via billion-dollar Supreme deal
The Franco-Italian brand is planning to pay $1.5 billion (€1.37 billion) for US «iconic brand» Supreme from owner VF Corporation,…
European Central Bank keeps interest rates steady as expected
18.07.2024
European Central Bank keeps interest rates steady as expected
The ECB announced its latest monetary policy decision at its 18 July meeting and has kept its key interest rates…
