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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.

BP sees profits for 2023 plunge, but still second highest in decade

BP sees profits for 2023 plunge, but still second highest in decade

British Petroleum (BP) released its Q4 2023 results on Tuesday. The company announced a $13.8 billion (€12.85 billion) underlying replacement…
Progress or hot air: Is Europe on track to meet its wind energy targets?

Progress or hot air: Is Europe on track to meet its wind energy targets?

The European Commission says the EU needs to expand its wind power capacity and build an additional 31 GW (gigawatts)…
Swiss banking giant UBS sees hopeful future, despite losses

Swiss banking giant UBS sees hopeful future, despite losses

UBS Group AG reported a pretax loss of $751 million (€699.7 million) for the closing three months last year, as the…
Where in Europe do people pay the highest taxes?

Where in Europe do people pay the highest taxes?

According to the Tax Foundation, single average wage workers in Europe were paying about one third of their wages in…
US Magnificent Seven rival Europe’s top four economies: A sign of overvaluation?

US Magnificent Seven rival Europe’s top four economies: A sign of overvaluation?

The formidable league of the United States’ most colossal technology entities, known as The Magnificent Seven, has reached a market…
Bitcoin price predictions: How much more can the cryptocurrency rise in 2024?

Bitcoin price predictions: How much more can the cryptocurrency rise in 2024?

Bitcoin (BTC) is expected to reach a new record at $88,000 (€82,000) throughout the year, before it settles around $77,000…
Samsung chief acquitted of financial crimes

Samsung chief acquitted of financial crimes

Samsung chairman Lee Jae-yong has been acquitted in a case involving a controversial merger dating back almost 10 years. Lee…
Iran used UK bank accounts to evade Western sanctions: FT

Iran used UK bank accounts to evade Western sanctions: FT

Iran evaded Western sanctions by using accounts at two UK banks to move money around the world in an extensive…
What is the economic impact of migration on Europe?

What is the economic impact of migration on Europe?

As some states fail to deliver security and safety to their citizens, a large number of people from those countries…
UK state pension age must rise for economy’s sake, say experts

UK state pension age must rise for economy’s sake, say experts

Anyone born after April 1970 in the UK may have to work until they are 71, according to a new…
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