Company news

The global catastrophe bond market reached a record level in the first half of 2018

Following the results of the first half of 2018, the global bond market, which provides insurance against a terrorist attack, a hurricane, a pandemic or a hacker attack, reached a record $30 billion, Aon Securities research showed. Over the ...
10.09.2018

The trade balance surplus of Germany fell by 3 billion 200 million euros in July

In July 2018, the trade balance surplus of Germany, adjusted for seasonal fluctuations, declined by 3 billion 200 million euros in June to 15 billion 800 million euros, which was the lowest since March 2014. In July, it was unexpectedly recorded ...
10.09.2018

The euro zone economy grew by 0.4% in the second quarter

The final data of the Statistical Office of the European Union showed that in the second quarter, GDP of 19 eurozone countries grew by 0.4%, having coincided with preliminary estimates and forecasts of analysts. In the first quarter, economic ...
10.09.2018

Trump is ready to impose duties on goods from China for 267 billion dollars

President of the United States Donald Trump, in a conversation with journalists, said that the preparation for the introduction of previously announced duties on the volume of Chinese imports worth $200 billion was coming to an end, and he ...
10.09.2018

Chairman of the Central Bank of Argentina urged the Central Banks of developed countries to include in their reserves sovereign bonds of emerging markets

The chairman of the Central Bank of Argentina, Luis Caputo, speaking at a conference of heads of the financial sector in Mendoza, appealed to the leading banks of developed countries to invest up to 2% of reserves in developing countries that ...
10.09.2018

The forecast of the Wall Street banks regarding oil prices remained unchanged

Monthly survey of The Wall Street Journal in late August showed that analysts of the Wall Street banks in August kept the forecast of oil prices unchanged. Prior to that, within 10 months in a row, their forecast increased monthly. Banking ...
07.09.2018

The second largest creditor in Kazakhstan took out a loan of 405 million dollars in the National Bank of the country

Tsesnabank, the second largest in terms of assets creditor in Kazakhstan, reported receiving a short-term loan with the National Bank of Kazakhstan in the amount of 150 billion tenge to provide an additional liquidity reserve, finversia.ru ...
07.09.2018

The sale of assets in emerging markets this year is the largest since 2008

In developing markets, the sale of shares lasts for 222 days already, of currencies - 155 days, of currency bonds - 240 days, Bloomberg reports. This is the largest sale of assets since the financial crisis of 2008. Some strategists argue that ...
07.09.2018

Facebook intends to spend more than $1 billion on the creation of a data center in Singapore

In 2022, Facebook plans to open in Singapore the first in Asia data center, which will be supplied with electricity from renewable sources, The Wall Street Journal writes. It is planned that the company will spend more than $1 billion to create ...
07.09.2018

For a week, applications for unemployment benefits in the US decreased by 10 thousand

The US Department of Labor reported that over the week, the number of American citizens, who had applied for unemployment benefits for the first time, fell by 10,000 to 203,000, which is the lowest level since December 1969. Analysts had predicted ...
07.09.2018

Tesla shares have lost a quarter of their value since early August

Shares of US company Tesla on Wednesday fell to the lowest level since late May of 280 dollars 74 cents, losing 2.8% of its value, Reuters reports. The day before, after the presentation of the first electric vehicle from Mercedes in Stockholm, ...
07.09.2018

Business activity in the construction sector in Germany increased in August

The purchasing managers' index in the construction sector in Germany increased in August to 51.5 points from 50 points in July, IHS Markit poll showed. The largest construction activity was recorded in civil construction, while the growth in ...
07.09.2018

Labor productivity in the US increased by 2.9% in the second quarter

Labor productivity in the US in the second quarter increased by 2.9%, which was the maximum increase since the first quarter of 2015, the final data of the country's Ministry of Labor showed. Experts had expected the growth rate of 3%. In the ...
07.09.2018

Starbucks opens coffee houses in Italy

Starbucks, the American coffee company and the world's largest chain of coffee shops, will open an elite coffee shop and café in Milan on Friday, Reuters reports. This is the first Starbucks coffeehouse in Italy, which ranks fourth in the world ...
07.09.2018

Exxon Mobil signed new agreements on investment in China

Exxon Mobil, the largest oil and gas company in the United States, said it signed new agreements on investment in China, despite the complication of trade relations between the US and China. This is an investment in a petrochemical project ...
07.09.2018

Artificial intelligence can accelerate the growth of world GDP by 1.2 percentage points per year, according to McKinsey

Experts at the McKinsey Global Institute predict an acceleration in the growth of the world economy by 1.2 percentage points at least for the next 10 years due to the extensive use of artificial intelligence. The McKinsey survey says that the ...
06.09.2018

Chinese rating agency Dagong lost a license for a year

The license of the rating agency Dagong Global Credit Ratings has been suspended by Chinese regulators, South China Morning Post reports. Dagong is one of the three largest rating agencies in China, which actions were repeatedly criticized ...
06.09.2018

Retail sales in the euro area decreased by 0.2% in July

The volume of retail sales in the euro area declined in July by 0.2% compared to the previous month, when the index rose by 1.5%, according to the data of Eurostat. Experts had predicted a decrease of 0.1%. Compared to the same month last year, ...
06.09.2018

The ECB believes that the next economic crisis in Europe can begin with the real estate market

Danièle Nouy, the head of the supervisory board at the European Central Bank, in an interview with a Latvian news agency said that the next economic crisis in Europe could emerge in the real estate market, Reuters writes. At the same time, ...
06.09.2018

Actions to combat climate change could add $26 trillion to the global economy until 2030

A study by the Global Commission on the Economy and Climate has shown that actions to combat climate change can add up to at least $26 trillion to the global economy by 2030, Reuters reports. The study dispels fears that the abandonment of ...
06.09.2018
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