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In 2018, Magma agency predicts the increase in world advertising costs growth to 6.4% from 4.1% last year. The forecast takes into account the costs of such cyclical activities as the Olympic Games and the World Cup. According to the agency, the costs will total $551 billion. Magna revised its forecast from 5.2% upwards due to a significant increase in the costs of Google and Facebook from advertising in the first quarter. In all segments of digital advertising, which this year will account for almost half of total costs, spending will grow by 16% to $250 billion. The market for all types of advertising in the US will grow by 8% to $207 billion.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
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