Company news

Colgate-Palmolive increased quarterly revenue by 1.6%

The US consumer goods producer Colgate-Palmolive in the second quarter increased its revenue by 1.6% year-on-year to $3 billion 886 million. Analysts had expected growth of up to 3 billion 916 million dollars. Net income was $637 million, increased ...
30.07.2018

BP to acquire oil and gas fields from BHP Billiton for $10.5 billion

British oil and gas company BP intends to buy shale oil and gas fields owned by BHP Billiton, one of the world's largest mining companies, for $10.5 billion, Reuters reports. This deal will be the largest for BP in 20 years. Recently, it reported ...
30.07.2018

Starbucks recorded a record volume of revenue in the second quarter

The revenue of the American corporation Starbucks, the owner of the world's largest chain of coffee houses, in the third fiscal quarter increased by 11.5% and reached a record level of 6 billion 310 million dollars. Experts had predicted a ...
30.07.2018

The consumer confidence index in the US declined in July

The US consumer confidence index in July fell to the lowest since January, to the value of 97.9 points from 98.2 points in June, according to the final data of the University of Michigan. The indicator of the attitude of American consumers ...
30.07.2018

Chevron increased its profits and revenues following the results of the second quarter

The second-largest US oil producer Chevron in the second quarter increased its net profit to 3 billion 410 million dollars from 1 billion 450 million dollars for the same period last year. Earnings per share were 1 dollar 78 cents, falling ...
30.07.2018

The US economy grew by 4.1% in the second quarter

US GDP in the second quarter rose at a maximum rate since 2014 and increased by 4.1% in annual terms after an increase of 2.2% in the previous quarter, preliminary data from the Ministry of Commerce showed. The annual growth in consumer spending ...
30.07.2018

ExxonMobil increased quarterly profit by 18%

The largest US oil company ExxonMobil in the second quarter increased its net profit by 18% year-on-year to $3 billion 950 million. Earnings per share were 92 cents, while analysts had predicted $1.5 per share. Revenue reached 73.5 billion ...
30.07.2018

Twitter lost 1 million users in the second quarter

Twitter reported that in the second quarter the number of its users decreased by 1 million compared to the first quarter, to 335 million. As finversia.ru wrote, on this background, Twitter shares during early trading on the New York Stock Exchange ...
30.07.2018

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
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