Company news

In December, the number of vacancies in the US unexpectedly increased

The Bureau of Labor Statistics published a report on vacancies and labor turnover in the country in December. In the last month of last year, the number of vacancies rose to 7,335,000, which came as a surprise to economists, who had expected ...
13.02.2019

China's oil companies increased profits in 2018 by 32.1%

Chinese companies, involved in the extraction and processing of oil, in 2018, increased profits by 32.1%. As the Ministry of Industry and Information Technology of China reported, their profits grew more than the profit indicator of the country's ...
13.02.2019

Inflation in India hit in January lowest since June 2017

Consumer prices in India slowed growth in January for the fourth month in a row. Inflation last month was 2.05%, whereas a month earlier it was at the level of 2.11%. Economists had not expected it to slow down. According to their estimates, ...
13.02.2019

The mood of small businesses in the United States is at the minimum level of two years

The index of business optimism of small businesses in the United States dropped in January to the lowest level since November 2016, to 101.2 points, having lost 3.2 points over the month. These data are published in the report of the National ...
13.02.2019

Nuro has attracted about $1 billion investment with the help of its robotic delivery startup

The market value of the American robotic company Nuro reached $2 billion 700 million due to the fact that the startup was able to attract investments of the Japanese corporation SoftBank Group in the amount of $940 million. For this purpose, ...
13.02.2019

Great Britain and Switzerland have signed an agreement on continuous trade after Brexit

The Department for International Trade of Great Britain informed that the companies of Great Britain and Switzerland would continue to trade freely in the territories of two countries after Brexit. Representatives of the British and Swiss governments ...
13.02.2019

Net profit of Nissan in the first 9 months of the fiscal year fell 1.8 times

Japanese car manufacturer Nissan Motors reported on the results of the nine months of the fiscal year, which ended on December 31. The net profit indicator for the same period of the previous year fell 1.8 times to 316 billion 700 million yen. ...
13.02.2019

French Kering increased its net profit 2 times in 2018

French company Kering, which owns well-known luxury brands, reported that in 2018 its net profit doubled, having reached 3 billion 715 million euros. The figure was significantly higher than experts' forecasts of 2 billion 790 million euros. ...
13.02.2019

Ukrainian banks for the first time in five years made a profit in 2018

The banking system of Ukraine received a record profit in 2018 in the amount of UAH 21.7 billion or $797 million, the press service of the National Bank of Ukraine reports. The last time Ukrainian banks received a profit in 2013 in the amount ...
08.02.2019

Panasonic shares fell by 6.5% amid weak financial results

Panasonic, one of the largest manufacturers of equipment, reduced its net profit by 13% in 2018-2019 fiscal year to 173.7 billion yen or $1.6 billion. The diluted profit was 74.43 yen or $0.68 per share, which is 13% less than last year. Panasonic's ...
08.02.2019

Fiat Chrysler increased net profit by 3% in 2018

Net profit of Fiat Chrysler Automobiles (FCA) increased by 3% in 2018 and amounted to 3.63 billion euros, according to company reports. Earnings per share reached 2.3 euros versus 2.4 euros per share a year earlier. FCA increased revenue by ...
08.02.2019

UK house prices fall in January

Halifax: UK house price index declined by 2.9% after rising 2.5% in December. Analysts had predicted a less significant decline - by 0.5%. In annual terms, housing prices rose by 0.8% against growth of 1.3% in December. The managing director ...
08.02.2019

Profit of Twitter increased almost 3 times in IV quarter

Twitter Inc., the owner of the microblogging network of the same name, increased its net profit 2.8 times in the fourth quarter of 2018 to $255.3 million compared to $91.1 million in 2017. Earnings per share were 33 cents versus 12 cents a ...
08.02.2019

Hong Kong has become the leader in the global premium housing market

Hong Kong is ahead of New York and London in terms of the number of transactions in the premium housing market in 2018, Knight Frank reports. The city is leading in terms of the number of real estate transactions worth more than $25 million ...
08.02.2019

Tata Motors finished the financial quarter at a loss

The largest automaker in India, Tata Motors Ltd., recorded a loss due to the depreciation of assets of the division of Jaguar Land Rover. Net loss in the fourth quarter amounted to 269.9 billion rupees or $3.78 billion against a profit of 11.99 ...
08.02.2019

Quarterly profit of UniCredit increased 2 times

UniCredit SpA, the largest Italian bank, reported a 2-fold profit growth in the fourth quarter of 2018. Net profit for the quarter rose 2.2 times to 1.73 billion euros from 801 million euros a year earlier. Adjusted profit increased by 20% ...
08.02.2019

Eurozone GDP growth forecast worsened to 1.3% in 2019

The European Commission (EC) has downgraded the forecast for eurozone GDP growth from 1.9% to 1.3%. The basis of the decrease is the uncertainty of the Brexit deal and the slowdown in the growth rate of the Chinese economy. In 2020, eurozone ...
08.02.2019

French alcohol producer Pernod Ricard increased revenue

Pernod Ricard, the world's second largest producer of alcohol, reduced its net profit by 11% in the first half of the year. Profit exceeded 1 billion euros. The company explains the drop in the index by a significant increase in income a year ...
08.02.2019

Carlsberg increased profits 4.2 times in 2018

The net profit and revenue of the Danish brewing concern Carlsberg exceeded market forecasts in 2018. Revenue increased by 3% to 62.5 billion krones from 60.66 billion in 2017. Net profit increased 4.2 times to 5.31 billion krones or $812 million. ...
07.02.2019

Brent crude rose in price to $62.43 per barrel

Increase in oil prices was recorded after an increase in trading volatility due to the publication of a report by the US Ministry of Energy on oil reserves. The April futures for Brent crude rose in price by 0.73% and reached $62.43 per barrel. ...
07.02.2019
Error
Get in touch with us