Company news

American ConocoPhillips recorded a quarterly profit of over $1.5 billion

The US oil company ConocoPhillips reported that in the second quarter of 2018 it recorded a net profit of $1 billion 600 million dollars against a loss of 3 billion 400 million dollars for the same period last year. Profit without taking into ...
27.07.2018

The European corporation Airbus reduced half-year profit 2,2 times

The European aerospace corporation Airbus Group in the first half of the year reduced its net profit 2.2 times year-on-year to 496 million euros. Its profit before tax and interest payments decreased by 8%. The decrease is explained, among ...
27.07.2018

The total amount of living space in Germany reached a record high

In Germany, a record amount of living space was recorded, despite the lack of housing in major cities and agglomerations. As reported by the Federal Statistical Office Destatis, the number of housing units at the end of 2017 reached almost ...
27.07.2018

Shell increased quarterly profits almost 4 times, semi-annual - 2.3 times

The British-Dutch company Royal Dutch Shell in the second quarter of 2018 increased its net profit by 290%, in annual terms - to 6 billion 24 million dollars. Adjusted earnings rose by a third to $4 billion 600 million. Revenues amounted to ...
27.07.2018

Oil prices demonstrated multidirectional dynamics on Thursday

During trading on Thursday, oil prices changed in different directions. September futures for Brent crude by 14:03 Moscow time went up by 39 cents to 74 dollars 32 cents a barrel based on reports that Saudi Arabia would suspend supplies through ...
27.07.2018

The net profit of Nissan fell by 14% in the first financial quarter

The net profit of the Japanese automaker Nissan Motor in the first fiscal quarter ended June fell 14% year-on-year to 115 billion 800 million yen, which was due to a significant drop in sales in the US and Europe, as well as higher raw material ...
27.07.2018

The ECB again left the rates unchanged

The European Central Bank, following the results of the meeting on Thursday, as it was expected, left the benchmark interest rate on loans at zero level. The deposit rate is maintained at minus 0.4%, the rate for margin loans is at the level ...
27.07.2018

Daimler cut its quarterly profit amidst trade disputes between the US and China

The net profit of the German automotive company Daimler in the second quarter of 2018 was reduced to 1 billion 730 million euros from 2 billion 440 million euros for the same period last year. The decline was due to the negative impact of trade ...
27.07.2018

British families in 2017 spent more than they earned, for the first time since 1988

In 2017, the expenses and investments of British families on average exceeded their income by 900 pounds, which is observed in the country for the first time since 1988. This was reported by the Office for National Statistics. Last year, the ...
27.07.2018

Trade between China and African countries has grown more than 200 times since 1978

Trade between China and Africa in 2017 grew by more than 200 times compared to 1987 and reached $170 billion, finversia.ru writes. According to Ernst&Young, China's investment in Africa at the end of 2016 grew 100 times over a decade and ...
27.07.2018

The profit state-owned enterprises in China grew by 21% in six months

State-owned enterprises in China in the first half of the year increased profit by 21.1% compared to the same period last year to 1 trillion 720 billion yuan, the Ministry of Finance of the PRC reported. Revenues of state-owned companies reached ...
26.07.2018

UK financiers advocate maintaining access to a single market after Brexit

Representatives of the City of London want to convince the European Union to keep access for the British banks to a single European market after Brexit, and for this purpose, they plan to enlist the support of Belgium, Germany and Spain, the ...
26.07.2018

Harley-Davidson cut quarterly profit and earnings figures

Harley-Davidson, the largest motorcycle manufacturer in the United States, in the second quarter reduced its net profit to 242 million 300 thousand dollars from 258 million 900 thousand dollars for the same period last year. In earnings per ...
26.07.2018

The semi-annual profit of the French PSA grew by 18%

French automotive company PSA Group in the first half of the year increased its net profit by 18% year-on-year to a record 1 billion 481 million euros. Analysts had expected the figure at the level of 1 billion 150 million euros. Revenues reached ...
26.07.2018

Great Britain may lose about 12 thousand jobs in the financial sphere

The leader of one of the financial regions of London, Catherine McGuinness, speaking before the parliamentary committee on Britain's withdrawal from the EU, said that because of Brexit, from 3,500 to 12,000 jobs in the financial services can ...
26.07.2018

The growth of business activity in the euro area slowed in July

The composite business activity index of 19 eurozone countries in July fell to 54.3 points from 54.9 points a month earlier, according to preliminary data of IHS Markit. The July value only slightly exceeded the 18-month minimum reached in ...
26.07.2018

Whirlpool recorded a net loss in the second quarter

Whirlpool, the world's largest producer of household appliances, following the results of the second quarter, reported a net loss of $657 million against a profit of $189 million a year earlier. Profit without taking into account one-time factors ...
26.07.2018

UK plans to tighten regulation of M&A deals

The UK plans to revise the standards for acquiring companies, which will be a turning point for the world's fifth-largest economy, traditionally considered one of the most open markets for global mergers and acquisitions, finversia.ru writes. ...
26.07.2018

Oil prices moved to moderate growth

On Tuesday, oil prices increased moderately in anticipation of data on oil reserves in the US. By 14:25 Moscow time, the price of September futures for Brent crude rose by 3 cents to 73 dollars 9 cents per barrel. September futures for WTI ...
26.07.2018

Japan reduced the production of copper products by 3.3% in June

The production of copper mill products in Japan fell by 3.3% in June this year compared to the same month last year and amounted to 70 thousand 434 tonnes, preliminary data from the Copper and Brass Association of the country show. According ...
26.07.2018
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