Syntax matters. In these “sanctioned times” it is doubly vital that the nuances of meaning originating in Russian or in English be as fully congruent, tuned and replicated with cultural and contextual relevance when reborn into the other language.
A subsidiary of China’s e-commerce giant Alibaba has opened a cloud data center in Silicon Valley, the first outside its home market. The service is expected to compete with Amazon, Google and Microsoft.
The US Nasdaq Composite index passed the 5,000 point mark for the first time in 15 years on Monday close, reflecting the growth of such tech giants as Apple and Facebook which have seen profits triple in the last six years.
Britain’s appeal to green energy investors has fallen to its lowest level in 12 years because of the government’s “lack of clarity” over its renewable energy policy. That’s according to a new index, in which the UK has slipped down to eighth place.
Winston Churchill once said, “I feel lonely without a war.” He also badly missed the loss of empire. Churchill’s successor – the ‘Empire of Chaos’ – now faces the same quandary. Some wars – as in Ukraine, by proxy – are not going so well.
The US Department of Justice is in the early stages of an investigation into at least 10 international banks—including JPMorgan Chase, Goldman Sachs and Barclays—over alleged manipulation of the precious metals market.
Finally some good news for Japan. The Nikkei Stock Average hit its highest level since 2000 on the back of a 17 percent boost in exports in January. Exports soared on the weak yen, which lost more than 14 percent against the dollar this past year.
Coca-Cola Hellenic (HBC), the second biggest bottler of Coca-Cola products, has announced an 11.4 percent drop in fourth quarter profit, warning of further severe market decline in its biggest market Russia.
The Moscow Stock Exchange got a major boost after the Russian president said a Ukraine ceasefire deal had been reached in Minsk. The deal lessens the probability Russian companies will be slapped with more EU sanctions.
A US oil refineries strike, a reduction of shale oil rigs, and declining investment by major companies signals to the global market that oil production is going to fall, which pushes the price up, says Mamdouh Salameh, an international oil economist.