Company news

Schlumberger increased its net profit by 18% in the third quarter

Oilfield service company Schlumberger reported a third-quarter net profit growth of 18% year-on-year to $644 million. Earnings per share amounted to 46 cents, while experts had expected it to be 43 cents. Revenues amounted to 8 billion 504 ...
22.10.2018

Quarterly revenue of Remy Cointreau rose 9.1%

Remy Cointreau, France's second largest alcohol producer, reported an acceleration in organic revenue growth in the second fiscal quarter to 9.1% from 5.9% in the previous quarter. Experts had expected less significant acceleration – up to ...
22.10.2018

China and the UK have reached a consensus in accelerating interaction in the stock market

During the Europe-Asia Forum held in Brussels, PRC State Council Premier Li Keqiang and British Prime Minister Theresa May discussed bilateral relations and reached a consensus on accelerating the creation of a cross-bidding mechanism between ...
22.10.2018

Consumer Confidence Index in the Netherlands declines for the third month in a row

The consumer confidence index of the Netherlands dropped to 15 points in October from 19 points a month earlier, data from the Statistics Netherlands showed. According to finversia.ru, the index has been falling for three months in a row amid ...
22.10.2018

Daimler worsened profit forecast for 2018

German automaker Daimler reported a decrease in profit forecast in 2018 after it had announced a possible decrease in sales this year due to the expected introduction of additional duties by China on cars produced by American automakers. In ...
22.10.2018

The Association of the German Chambers of Commerce and Industry lowered the forecast for the growth of the German economy to 1.8%

The forecast of the Association of Chambers of Commerce and Industry of Germany for the growth of the German economy in 2018 has been lowered to 1.8% from the previously expected 2.2% against the background of the strongest decline in German ...
19.10.2018

Global real estate investment has reached record levels

According to the consulting company Cushman & Wakefield, global real estate investment reached a record 1 trillion 800 billion dollars. Over the 12 months to July of this year, Asian investors' investments in commercial real estate increased ...
19.10.2018

UK retail sales decreased by 0.8%

In September, UK retail sales fell 0.8% from August, when they grew 0.4%, the ONS said. Analysts had predicted a less significant reduction - by 0.4%. The decrease is due to the maximum for 3 years fall in food costs. Their sales fell 1.5%. ...
19.10.2018

Hungarian Central Bank purchased gold for the first time since 1986

Over the past two weeks, the Central Bank of Hungary has acquired 28 tons 400 kilograms of gold in the amount of $1 billion 250 million. For a long time since 1986, the Hungarian regulator did not make purchases of this precious metal. Thanks ...
19.10.2018

Luxury brand manufacturers fear lower demand from Chinese buyers

Manufacturers of luxury brands fear that demand for Western goods from Chinese buyers will decline, Bloomberg writes. Purchases made by Chinese buyers coming to Europe accounted for about one third of all purchases of luxury goods. Shares of ...
19.10.2018

Net income of Blackstone rose 17% in the third quarter

The world's largest management company in the field of alternative investments, the Blackstone Group, following the results of the third quarter, reported an increase in net profit by 17% in annual terms to $442,700. This was facilitated by ...
19.10.2018

HSBC plans list its shares in Shanghai

HSBC Holdings, one of the largest banks in the world and a leader in terms of capitalization and asset volume in Europe, intends to list its shares in Shanghai, this listing will be the first for a foreign company in mainland China, the Financial ...
19.10.2018

BNY Mellon increased net profit by 15.4% in 9 months

American Corporation Bank of New York Mellon Financial from the beginning of the year to September increased its net profit by 15.4% in annual terms to 3 billion 384 million dollars, finversia.ru wrote, citing company reporting. Revenue for ...
19.10.2018

Pharmaceutical company Novartis buys Endocyte for 2 billion 100 million dollars

Pharmaceutical company Novartis, operating in 155 countries around the world, announced plans to merge with American Endocyte, the developer of targeted therapies for cancer treatment, finversia.ru writes. Novartis, according to the agreement, ...
19.10.2018

Metal Focus expects gold prices to rise by 2% in 2019

Analytical agency Metal Focus predicts that next year the price of gold will rise by 2% and will amount to 1,310 dollars per troy ounce due to the fact that the short positions opened in 2018 will be massively closed in 2019. According to agency ...
19.10.2018

Intel and Rolls-Royce concluded an agreement on the development of autonomous ships

English automaker Rolls-Royce and American manufacturer of electronic devices and computer components Intel have entered into a partnership agreement on the development of autonomous vehicles. The Rolls-Royce website says that the British company, ...
18.10.2018

Consumer prices in the UK rose by 2.4% in September

Consumer inflation in the UK slowed to 2.4% in September from 2.7% in August, ONS reported. Economists had expected inflation at 2.6%. Compared to the previous month, consumer prices increased by 0.1% after rising 0.7% in August. The forecast ...
18.10.2018

September inflation in the eurozone was 2.1%

In September 2018, consumer prices in the euro area rose by 2.1% compared with September last year, confirming experts' forecasts. According to Eurostat final data, inflation accelerated in September after the rise in prices by 2% a month earlier. ...
18.10.2018

Roche sales increased by 7% in the third quarter

The Swiss pharmaceutical company Roche reported that in the third quarter, it managed to increase sales by 7% to 13 billion 970 million Swiss francs due to an increase in revenue from the sale of new drugs, finversia.ru wrote. The indicator ...
18.10.2018

Danone reported a sharp slowdown in sales growth in the third quarter

The growth rate of sales of the French food company Danone in the third quarter declined sharply amid a decline in the volume of children's formula sold in China and dairy products in Morocco. Nevertheless, the company left the annual forecast ...
18.10.2018
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