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Company news

27.03.2019 11:01:57

Uber buys its Middle Eastern rival Careem for $3 billion 100 million

American company Uber, which created the taxi service of the same name, announced it had bought its Middle East competitor Careem for $3 billion 100 million. Under the terms of the deal, the American company will pay 1 billion 400 million dollars ...

27.03.2019 11:01:57

About 1.5 million workers in the UK may lose their jobs due to automation

In the UK, about 1.5 million workers, most of whom are women and part-time workers, may lose their jobs due to automation. According to The Guardian, data from the Office for National Statistics showed that for the period from 2011 to 2017, ...

27.03.2019 11:01:57

Samsung says that the results of the first quarter may be worse than expected

South Korean company Samsung Electronics warned about lower than expected financial results for the first quarter of this year, which was caused by weakening sales of memory chips and displays especially. According to the 2018 report, it was ...

27.03.2019 11:01:57

US consumer confidence declined in March, contrary to forecasts

In March, the US consumer confidence index, calculated by Conference Board, was 124.1 points, down from 131.4 points in February. Economists had expected the index to rise to 132.5 points. American consumers also worsened their attitude to ...

27.03.2019 11:01:57

The number of new buildings in the US in February was below the forecasts

In February, the construction of 1 million 162 thousand houses was started in the USA, which is 8.7% less than in January, when their growth was 11.7%. As reported by the US Department of Commerce, the indicator fell in February at a maximum ...

27.03.2019 10:01:19

McDonald’s acquires Israeli IT company Dynamic Yield

American corporation McDonald’s announced the purchase of an Israeli IT-company engaged in artificial intelligence technologies. In the message, the transaction amount is not disclosed. It is estimated at around $300 million and makes this ...

27.03.2019 10:01:19

Network International and MasterCard have signed a strategic partnership agreement

Two payment systems - American MasterCard and Middle East Network International Holdings - have announced a strategic partnership aimed at accelerating the development of electronic payments in Africa and the Middle East. The companies entered ...

27.03.2019 10:01:19

The economy of France grew by 0.3% in the fourth quarter

The National Institute of Statistics and Economic Studies Insee published the final data on the growth of the country's economy in the fourth quarter of last year. Growth estimate for the quarter is confirmed at the level of 0.3%. Relative ...

27.03.2019 10:01:19

China has ordered from Airbus 300 aircraft to the value of 35 billion dollars

Chinese company China Aviation Supplies Holding issued an order for the purchase of 300 aircraft from the European aircraft manufacturer Airbus for a total amount of $35 billion. The order included 290 narrow-bodied A320 aircraft and 10 A320 ...

26.03.2019 10:02:15

The confidence of German entrepreneurs in the country's economy grew in March

The German entrepreneur confidence index was 99.6 points in March, having risen from 98.7 points in February, the Ifo Institute reported. The index showed growth for the first time after a six-month decline and turned out to be better than ...

26.03.2019 10:02:15

Citigroup improved its forecast for the average annual price of Brent for 2019

In the March review, Citigroup improved its forecast for the average annual price of Brent crude for the current year from $64 to $70 per barrel, Bloomberg reported. Citigroup experts expect that in the second quarter, this sort of oil will ...

26.03.2019 10:02:15

Qatar Airways has postponed the delivery of the Boeing 737 MAX

Airline Qatar Airways decided not to replenish its fleet with Boeing 737 MAX airliners in April of this year, announcing the cancellation of the planned delivery until the reasons for the crash of this plane in Ethiopia were determined. As ...

26.03.2019 10:02:15

The head of the Federal Reserve Bank of Chicago notes a slowdown in the US economy, but considers a recession unlikely

The head of the Federal Reserve Bank of Chicago, Charles Evans, in an interview with CNBC during the Asian Investment Conference, Credit Suisse, commented on financial market concerns about the inverted yield curve. He noted that the flat yield ...

26.03.2019 10:02:15

OPEC + countries canceled April meeting in Vienna

The member countries of the OPEC + agreement to reduce oil production have made a formal decision to cancel the ministerial meeting scheduled for April in Vienna. This was reported to Bloomberg by OPEC delegates who wished to be unnamed. According ...

26.03.2019 10:02:15

Discussion of e-commerce may slow down the signing of a US trade agreement with China

The signing of a trade agreement between the United States and China can be slowed down due to the difficulties encountered during the negotiations to resolve controversial issues in the field of e-commerce, sources familiar with the negotiations ...

26.03.2019 10:02:15

Belgian business sentiment improved in March

In March, the Belgian business sentiment index showed a significant improvement after a decline during the previous three months, according to official data. In the manufacturing industry, the indicator of business confidence rose to minus ...

26.03.2019 10:02:15

Producer price inflation in Spain rose in February for the first time in 5 months

In Spain, in February, an increase in producer price inflation was recorded for the first time in the last 5 months. According to INE statistics, producer prices rose 1.9% in annual terms last year. In January and December, there was an increase ...

26.03.2019 10:02:15

The EU wants to switch to the euro when paying for energy

The European Commission is discussing with the EU countries the possibility of using the euro in payments for energy. Only 20% of contracts for the supply of oil and gas to European countries are denominated in euros, although the European ...

26.03.2019 10:02:15

Malaysia may refuse to buy fighters in the EU due to restrictions on the use of palm oil

Malaysia, the second largest palm oil producer in the world after Indonesia, is concerned about the EU’s plan to restrict the use of palm oil in biofuel production. The European plan calls for a reduction in the use of palm oil starting from ...

25.03.2019 10:02:08

Nike in the third fiscal quarter recorded a profit against a loss a year earlier

According to the results of the financial quarter ended in February, American company Nike, which produces sporting goods, reported a net profit of $1 billion 101 million, as opposed to a net loss of 921 million dollars recorded at the end ...

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