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Unemployment in the euro area remained in July at the June level

Unemployment in the euro area remained in July at the June level of 8.2%, according to the data of Eurostat. The July value of unemployment was the lowest since November 2008 and coincided with the analysts' forecast. In the European Union, ...
03.09.2018

Annual inflation in the eurozone was 2% in August

Consumer prices in the euro area rose by 2% in August in annual terms after rising by 2.1% in July, preliminary data of Eurostat show. Experts had expected the indicator at the level of 2.1%. Without taking into account the price of energy, ...
03.09.2018

Gold has risen in price against the background of increased tension in trade relations

On Friday, gold rose in price amid escalation of tension in trade relations between the US and China, finversia.ru wrote. The price of gold in the spot market increased by 71 cents to 1 thousand 206 dollars 18 cents per troy ounce. Gold futures ...
03.09.2018

The market value of Tencent fell by 20 billion dollars

China has tightened control over the online games industry due to the spread of myopia among young people, which increased the risks for companies in the world's largest video game market. Against this backdrop, shares of the Chinese investment ...
03.09.2018

The IMF stated that it fully supports Argentina

The official representative of the International Monetary Fund, Gerry Rice, said that the IMF “fully supports” Argentina, Bloomberg reports. According to him, the IMF is confident that “the consistency of aim and determination of the Argentine ...
03.09.2018

GDP of Brazil increased by 0.2% in the second quarter

GDP of Brazil in the second quarter of 2018 grew by 0.2% compared to the previous quarter, when the increase was 0.1%, the Ministry of Economy reported. Analysts had expected GDP growth of 0.1%. A large-scale strike of truck drivers in Brazil, ...
03.09.2018

The economy of India grew by 8.2% in the second quarter

Economic growth in India in the second quarter of 2018 accelerated to 8.2% from 7.7% in the previous quarter, official data show. Analysts had predicted a slowdown in the growth of Indian GDP to 7.6%. In the second quarter, the gross added ...
03.09.2018

Quarterly growth of the Italian economy is confirmed at the level of 0.2%

GDP of Italy, the eurozone's third largest economy, in the second quarter of this year increased by 0.2% compared to the previous quarter, when the recovery was at 0.3%, the final data of Istat showed. The indicator coincided with the forecasts ...
03.09.2018

Last week, applications for unemployment benefits in the US rose by 3 thousand

Last week, the number of US citizens, who had applied for unemployment benefits for the first time, increased by 3 thousand and amounted to 213 thousand people, the country's Ministry of Labor reported. Analysts had predicted an increase of ...
31.08.2018

Japanese SoftBank decided not to participate in the IPO of the Chinese NIO

The Japanese company SoftBank will not participate in the IPO of the Shanghai manufacturer of electric vehicles NIO, finversia.ru wrote with reference to the message of Dow Jones. As previously reported by The Wall Street Journal, SoftBank ...
31.08.2018

Foreign investors sold a record volume of UK government bonds in July

On Thursday, Bank of England published data according to which foreign investors in July sold a record volume of government bonds in the UK – to the value of 17 billion 153 million pounds sterling. A month earlier, non-residents had sold British ...
31.08.2018

Apple acquired Akonia Holographics

The American company Apple confirmed that it had acquired a start-up Akonia Holographics, specializing in the production of lenses for Augmented Reality glasses, Reuters reports. It is reported that Akonia, created in 2012, initially focused ...
31.08.2018

The income of the US population in July grew by 0.3%, expenditures - by 0.4%

The income of US citizens in July 2018 increased by 0.3% after rising 0.4% a month earlier, according to the data of the country's Ministry of Commerce. Expenses increased by 0.4%, as well as in June. Both indicators coincided with the forecasts ...
31.08.2018

Inflation in Germany was 1.9% in August

In August 2018, consumer prices in Germany rose by 1.9% year-on-year, which is the lowest inflation rate since April, according to preliminary data from Destatis. In July, inflation was at the level of 2.1%. Experts had expected price growth ...
31.08.2018

The EU declared its readiness to lower to zero import duties on all manufactured goods from the USA, including cars

The European Union is ready to lower to zero duties on manufactured goods, including cars, if the United States does the same, EU Trade Commissioner Cecilia Malmstrom said, speaking in the trade committee of the European Parliament. She noted ...
31.08.2018

Half-year profit of PetroChina has more than doubled

The net profit of the largest Chinese oil and gas company PetroChina in the first half of the year increased 2.1-fold year-on-year to 27 billion 90 million yuan. The indicator has become the highest since the second half of 2014. Revenue reached ...
31.08.2018

The largest bank of China ICBC increased quarterly profit by 5.8%

The largest bank of China, Industrial&Commercial Bank of China, in the second quarter of 2018 increased its net profit by 5.8% year-on-year to 81 billion 600 million yuan. Quarterly growth was the fastest since the third quarter of 2014 ...
31.08.2018

The consolidated business and consumer confidence index in the eurozone declined in August to a minimum for the year

In August, the consolidated business and consumer confidence index in the euro area fell for the year to a minimum value of 111.6 points from 112.1 points in July, data of the European Commission showed. Analysts had predicted a decrease to ...
31.08.2018

Thomson Reuters launched a $9 billion share buyback program

Thomson Reuters Corp. said it would finalize a deal to sell the majority stake in its Financial&Risk division to the investment company Blackstone Group. On Tuesday, the corporation also launched a share buyback program worth $9 billion. ...
30.08.2018

Iran cuts oil supplies faster than it was expected

 Iran is reducing oil supplies to the world market due to the approach of the timing of the introduction of US sanctions at a faster pace than it was expected, The Wall Street Journal writes. Officials at the state-owned company National ...
30.08.2018
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