Company news

Investor confidence in German economy exceeded forecasts in August

In August of this year, the index of investors' and analysts' expectations for German economy for the next six months rose to minus 13.7 points from minus 24.7 points in July, according to the data of the ZEW research institute. Experts had ...
15.08.2018

The eurozone economy grew by 0.4% in the second quarter

Eurozone GDP in the second quarter of 2018 grew by 0.4% compared to the previous quarter and by 2.2% in annual terms, according to the revised data of Eurostat. Experts did not expect a change in preliminary estimates of GDP growth by 0.3% ...
15.08.2018

Industrial production in the euro area fell by 0.7% in June

In June 2018, industrial production in the euro area declined by 0.7% compared to May, when the index rose by 1.4%, according to Eurostat. Analysts had predicted an increase of 0.4%. In annual terms, industrial production grew by 2.5%. Experts ...
15.08.2018

Unemployment in the UK has fallen to a minimum since 1975

In the second quarter, unemployment in the UK, calculated according to the methodology of the International Labor Organization, fell to 4%, marking a minimum since February 1975, compared to the first quarter of 4.2%, according to the Office ...
15.08.2018

Banks of China increased semi-annual net profit by 6.4%

The aggregate net profit of China's commercial banks in the first half of 2018 increased by 6.37% year-on-year to 1 trillion 30 billion yuan, the National Committee for Control and Management of Banking and Insurance Activities said. As of ...
15.08.2018

Oil prices rose sharply after a decline the day before

October futures for Brent crude on Tuesday at 14:43 Moscow time went up by 90 cents to 73 dollars 51 cents per barrel. The price of September futures for WTI oil also rose by 90 cents to 68 dollars 10 cents per barrel. On Monday, oil prices ...
15.08.2018

The capitalization of the cryptocurrency market has lost more than 70% over 7 months of this year

Since the beginning of the year to July, the capitalization of the cryptocurrency market has lost more than 70%, falling below $200 billion for the first time this year. On Tuesday, market capitalization shrank to the lowest level since November ...
15.08.2018

Credit Suisse plans to reorganize the rich client wealth management unit

The Swiss bank Credit Suisse will reorganize the asset management division of wealthy clients to provide regional structures with more freedom in decision-making, Bloomberg writes with reference to informed sources. The number of regional offices ...
15.08.2018

Home Depot increased quarterly earnings and revenue, exceeding forecasts

The largest in the US chain of stores for household goods, Home Depot, reported that in the second fiscal quarter ended in July, its net profit rose to $3 billion 510 million from $2 billion 670 million in the same period last year. Per share, ...
15.08.2018

Hong Kong International Airport served a record number of passengers in July

Hong Kong International Airport serviced in July a record 6 million 700 thousand passengers, according to a press release from the airport. The July figure was 2.2% higher than in July 2017. The number of takeoff and landing operations amounted ...
14.08.2018

Fitch lifts Lithuania outlook to “positive”

The international agency Fitch Ratings has affirmed the long-term issuer default ratings of the issuer of Lithuania in foreign and local currency at the level of “A-”. Short-term issuer default ratings are affirmed at “F1”, the country ceiling ...
14.08.2018

The oil market showed a moderate decline on Monday

On Monday, oil prices declined moderately based on Baker Hughes data on the increase in operating rigs in the US. The number of operating oil installations in the US increased last week by 10 units to a maximum from March 2015 to 869 units. ...
14.08.2018

VF Corporation will allocate Lee and Wrangler brands in a separate company

American corporation VF, the owner of many well-known brands of fashion, sports and work clothes, intends to allocate such jeans brands as Lee, Wrangler, Rustlers and Rock and Republic in a separate company. The shares of the new company, the ...
14.08.2018

Non-performing loans of Chinese banks rose at a record pace in the second quarter

In the second quarter, the volume of non-performing loans of Chinese banks grew at the most significant rates in more than 10 years by 183 billion yuan and reached 1 trillion 960 billion yuan, the China Banking and Insurance Regulatory Commission ...
14.08.2018

ICO-projects began to get rid of Ethereum

Over the past month, ICO stratapes have got rid of the second in terms of capitalization cryptocurrency Ethereum in the amount of about $40 million, finversia.ru writes with reference to the TrustNodes portal. Projects for the primary placement ...
14.08.2018

OPEC expects a sharp drop in demand for its oil

The OPEC monthly report says that the world oil market may again face an excess of supply due to a sharp increase in production in countries outside the Organization of Petroleum Exporting Countries. As a result of the second quarter, world ...
14.08.2018

EU invests 145.5 million euros in the construction of a gas pipeline in Poland

The European Commission decided to invest 145.5 million euros in the construction of the Pogórska Wola-Tworzeń gas pipeline in the south of Poland with a length of 168 kilometers. EC spokesman Christian Spar said at a briefing in Brussels that ...
14.08.2018

The demand for small apartments increased in Hong Kong

The rapid growth in property prices in Hong Kong does not allow people with low purchasing power to buy houses, so potential buyers are increasingly turning their attention to the final price, rather than looking for a low cost per square meter. ...
14.08.2018

Gold is falling in price against the backdrop of the strengthening of the dollar

Quotes of gold futures on the London Metal Exchange on Monday fell to less than 1 thousand 200 dollars per troy ounce for the first time in 17 months. On the New York Stock Exchange Comex, December contracts fell 1.2% to 1,204 dollars 20 cents ...
14.08.2018

GDP of the UK grew by 0.4% in the second quarter

GDP growth in the UK in the second quarter of 2018 accelerated to 0.4% from 0.2% in the first quarter, according to preliminary data from the office for National Statistics. In annual terms, the British economy grew by 1.3% compared to the ...
13.08.2018
Error
Get in touch with us