Chinese technology giants are to make «smartphones on wheels»

Digest#37 from DTI

Below you will find a selection of interesting articles from news resources. You can use the content list to select a topic of interest, or browse/hide it, and see the entire collection of news. Pure numbers, facts, food for thought.

Contents:

Economics

Italian companies are eager to work closely with Russia despite the sanctions. This is underlined by the Italian-Russian business conference held in Verona in October. Read more FT.com

The program of buying government bonds of the ECB helped Italy to accelerate economic growth, but the country during this time has not carried out structural reforms. Now the ECB is preparing to cut monetary incentives, and Italy will have to adapt to this. Read more WSJ.com

The Dutch manufacturer of paints Akzo Nobel and its American competitor Axalta Coating Systems confirmed that they are negotiating a merger. Their combined market capitalization is about $ 30 billion. Read more WSJ.com

Chinese technology giants Baidu, Alibaba and Tencent are competing in developing innovations for cars. They want to make them "smartphones on wheels". Read more FT.com

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Finance

Financial markets around the world are breaking records, as optimistic investors are ready to acquire assets that have slightly decreased in price. Thanks to this, the value of assets is almost immediately restored. Read more WSJ.com

The size of assets under the management of investment companies in the world will grow by more than 70% to $ 145 trillion by 2025, according to PwC estimates. Read more FT.com


Also published on Medium.