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Eurozone foreign trade surplus rose to 22.5 billion euros in June

In June, the eurozone foreign trade surplus with non-member countries rose to 22.5 billion euros from 16.5 billion euros in May, according to Eurostat. Exports from 19 eurozone countries rose by 5.7% in annual terms to 198 billion 600 million ...
17.08.2018

Cisco reported a record quarterly revenue growth

The world's largest manufacturer of networking equipment Cisco Systems in the fourth fiscal quarter ended July 28, increased revenue by 6% to a record $12 billion 800 million. Analysts had expected the growth of the indicator to 12 billion ...
17.08.2018

Retail sales in the UK increased by 0.7% in July

Retail sales in the UK increased in July by 0.7% compared to the previous month and by 3.5% in annual terms, according to the Office for National Statistics. Analysts had predicted the growth of the first indicator by 0.2%, the second one- ...
17.08.2018

Deutsche Telekom and Deutsche Bahn leave the Iranian market in connection with US sanctions

Sanctions imposed by the United States against Iran led to the withdrawal from the Iranian market of the German communications service provider Deutsche Telekom and the Deutsche Bahn railway concern, finversia.ru wrote with reference to the ...
17.08.2018

Comparable sales of Walmart in the US increased by 4.5% in the second quarter

The world's largest retailer Walmart in the second fiscal quarter ended July 27, increased comparable sales in the US by 4.5%, showing the maximum rate for 10 years. The growth of the indicator is due to high sales of food, clothing and seasonal ...
17.08.2018

Oil prices demonstrated weakly multidirectional dynamics on Thursday

After a sharp drop in oil prices on Wednesday based on data on the unexpected increase in fuel stocks in the US, oil prices on Wednesday showed a weak multidirectional dynamics. October Brent crude oil futures by 14:49 Moscow time went up by ...
17.08.2018

Lenovo following the results of the financial quarter reached a profitable level

Chinese company Lenovo, one of the world's largest personal computer manufacturers, following the results of the fiscal quarter ending June 30, reported a net profit of $77 million against a net loss of $72 million a year earlier. Positive ...
17.08.2018

The growth rate of house prices in the four largest cities in China slowed in July

In July 2018, housing prices in the four largest cities of China increased by 0.2% compared with June, when the growth was registered at 0.6%, according to the Office for National Statistics. The price of new buildings in Beijing increased ...
17.08.2018

Foreign direct investment in China grew by 19.3% in July

In July, foreign direct investment in the non-financial sector of mainland China increased in dollar terms by 19.3% year-on-year to $7 billion 750 million, the country's Ministry of Commerce said. Compared with the June rise of 5.8%, growth ...
17.08.2018

Annual inflation in the UK was 2.5% in July

In July, consumer prices in the UK increased by 2.5% in annual terms after an increase of 2.4% for three consecutive months, according to the Office for National Statistics. Relative to the previous month, prices did not change. The dynamics ...
16.08.2018

Oil prices have decreased based on the data on growth of stocks in the USA

The prices for benchmark crude oil fell on Wednesday afternoon based on data on unexpected growth of fuel stocks in the USA. According to the American Petroleum Institute, commercial oil reserves in the US last week rose by 3 million 660 thousand ...
16.08.2018

Indonesia export and import growth exceeded the forecasts in July

In July 2018, Indonesia export and import growth exceeded the forecasts, finversia.ru wrote, citing data from the country's statistical office. Export growth in annual terms was 19.33%, while analysts had predicted an increase of 11.68%. In ...
16.08.2018

Royal Bank of Scotland will pay 4 billion 900 million dollars for the settlement of US claims

To settle US claims related to accusations that the Royal Bank of Scotland from 2005 to 2008 misled investors about mortgage securities, the bank will pay 4 billion 900 million dollars, the US Justice Department reported. RBS is accused of ...
16.08.2018

House prices in London have fallen in June at their fastest pace since 2009

The growth rate of house prices in the UK declined in June due to the fact that residential real estate in London fell at the fastest pace since September 2009. The average price of a house in London was 447 thousand pounds sterling in June, ...
16.08.2018

Constellation Brands intends to invest in the Canadian manufacturer of marijuana 3 billion 800 million dollars

The American company Constellation Brands reported that it invests 5 billion Canadian dollars in the Canadian manufacturer Canopy Growth to increase its share in it to 38%. Constellation Brands acquired a 10% stake in the Canadian company in ...
16.08.2018

Quarterly profit of Chinese Tencent unexpectedly declined

Net income of Chinese Internet giant Tencent Holdings in the second quarter fell to 17 billion 870 million yuan from 18 billion 230 million yuan a year earlier. Analysts had expected the growth of the indicator to 18 billion 600 million yuan. ...
16.08.2018

Egypt signed 3 agreements with local and foreign companies on drilling 15 exploration wells

Egyptian Ministry of Petroleum and Mineral Resources announced the signing of three new agreements on drilling 15 exploration wells for oil and gas in the country for a total of 139 million 200 thousand dollars. The agreement on the drilling ...
16.08.2018

New Zealand has passed a law restricting the sale of houses to foreigners

The Parliament of New Zealand passed a law that restricts the sale of houses to foreign citizens, requiring them to first obtain approval from the local Office for Foreign Investments, proving the profitability of such a deal for the country. ...
16.08.2018

Uranium One mothballed the mine in the US due to low uranium prices

Canadian uranium mining corporation Uranium One announced the termination of production at the Willow Creek mine in the state of Wyoming in the United States, moving the facility into laid-up mode. It is noted that in 2017-2018, work on drilling ...
16.08.2018

Revenues of the budget of China since the beginning of the year increased by 10%, expenses - by 7.3%

The revenues of the budget of China for the period from January to July this year grew by 10% in annual terms and amounted to 12 trillion yuan, according to the data of the country's Ministry of Finance. Expenses increased by 7.3% compared ...
15.08.2018
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