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RankCup.com on iFX Expo International 2017: Results

IFX Expo International 2017 in Cyprus has started early in the morning, opened the doors of the Grand Resort Hotel in Limassol to exhibitors. Conference attendees have decided to go right to it and started negotiations, meetings, socializing and drinking cocktails in the business atmosphere. The opening ceremony has been held under the exhibition organizers speeches, then a few of the guests took the floor.

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FX EXPO 2017 Cyprus - the greatest financial summit of this year

One of the most important events of the financial industry this year - iFX EXPO 2017 Cyprus - will start on May 23 and finish on May 25. This exhibition is a unique opportunity for serious representatives of the financial and Forex industry to negotiate directly and to establish or consolidate the necessary business connections.

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LetterOne is ready to invest $3 billion in Europe

Representatives of the investment companies, which belongs to the Russian oligarch Mikhail Fridman LetterOne (L1), announced today that the company is going to invest about $3 billion in retailers. According to the plan, the L1 will start with Europe, further it is expected the UK and then the emerging markets. Russia is not included in this list.

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Airbus announced the merger September 30, 2016
Airbus announced the merger

European air giant Airbus Group today reported that it will merge with its airline division which is engaged in construction of aircrafts. The company intends to get rid of bureaucracy, simplify the brand and abandon the inconvenient corporate scheme. These methods will allow to prepare for competition more qualitatively.

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Deutsche Bank stocks failed to record lows

Yesterday's events in the stock market for Deutsche Bank became a real shock. The cost of the bank's stocks fell by 7.5%. Due to the market excitements about financial status, it has been achieved a minimum of 1983. Deutsche Bank has already managed to deny the information that it requested help of of Berlin, in order to reduce the amount of financial claims from the US regulator, but Germany refused.

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Ericsson stops work in Sweden. Over 3000 employees were fired

Swedish company Ericsson, which produces telecommunications equipment, is going to close its latest facilities in Sweden and dismiss more than 3 thousand of employees to cut costs. Two months ago, Ericsson announced that it will continue to reduce costs on the background of difficult market conditions. In 2014, the corporation has launched a program of costs reduction by $1.1 billion.

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Oracle's profit released below expectations

Oracle Corporation, the largest software manufacturer for organizations and the second in the US software developer, said that it expects quarterly profit below the analysts' forecasts. Weakness of traditional software sales was stronger than the growth of cloud division. First quarter of the fiscal year, which ended on August 31 showed that the total profitability of cloud services has increased by 59% to $969 million.

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Samsung has lost more than $22 billion in two days

South Korean company Samsung Electronics on Monday lost $14 billion on markets sentiments that losses of the company because of smartphones Galaxy Note 7 reviews will be more serious than expected. Last week, the US Federal Aviation Administration has banned useage of Galaxy Note 7 smartphone on board the aircraft, as there is a danger of ignition the smartphone while recharging.

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Russia will launch a single operator of space communication by 2017

A single space communication operator based on the corporation "Gonets" will be put into operation by the end of 2017. This was stated by Nicholas Testoyedov, chairman of the JSC "Information Satellite Systems" named after Academician Reshetnev.

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Apple: Again a new fine? August 30, 2016
Apple: Again a new fine?

Apple Inc. may soon pay a large fine. It was accused of illegally receiving support and tax violations in Ireland, according to Euronews. According to some sources close to the dossier, Dublin provided a very favorable tax conditions to Apple in exchange for an increase of new jobs in country.

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