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Company news

25.03.2019 10:02:08

Inflation in Japan slowed down in February to 0.7%

Consumer prices in Japan, not taking into account fresh food, rose in February by 0.7% in annual terms, according to official data. For the Bank of Japan, this inflation rate is the main one. In the previous month, it increased by 0.8%, and ...

25.03.2019 10:02:08

The number of new hedge funds in 2018 has decreased to a minimum in 18 years

According to the data of HFR, published by the Financial Times, last year, only 561 new hedge funds were launched to the world market, the lowest amount in 18 years. The report notes that the number of new hedge funds has been decreasing annually ...

25.03.2019 10:02:08

At the end of last week, Brent oil fell by 0.8%, WTI oil went up by less than 0.1%

The price of Brent crude fell by 0.8% last week, while price of WTI crude oil rose by less than 0.1%. During trading on Friday evening, there was an increase in the fall in oil prices amid falling stock markets and rising bond prices caused ...

25.03.2019 10:02:08

Sales of homes in the secondary market in the US rose in February by 11.8%

In February, 5,510,000 homes were sold in the secondary market in the United States, which is 11.8% more than in January, the National Association of Realtors reported. The February growth rate was the most significant since 2015. According ...

25.03.2019 10:02:08

Retail sales in Canada fell by 0.3% in January

In January, Canadian retail sales declined by 0.3% on a monthly basis, after a similar decline in January, reaching 50 billion 87 million Canadian dollars. This statistical office data came as a surprise to experts who had expected retail growth ...

25.03.2019 10:02:08

Business activity in the euro area slows in March

In March, the composite PMI in the euro area, according to preliminary data from IHS Markit, dropped to 51.3 points from the February level of 51.9 points. The slowdown in business growth in the eurozone is mainly caused by a sharp decline ...

25.03.2019 10:02:08

Deutsche Bank expects that the amount of revenue in 2019 will be slightly above the level of 2018

Deutsche Bank in its annual report announced plans to increase revenues in the current year slightly above the 2018 level. To this end, the bank intends to increase investments in a number of areas, reorganize its business, and optimize liquidity ...

25.03.2019 10:02:08

Porsche will give a 9.700-euro bonus to every employee for their exceptional performance

A subsidiary of the German concern Volkswagen, car manufacturer Porsche, announced its intention to give all its 25 thousand employees a premium of 9,700 euros for their “exceptional performance”. This amount will be accrued to the employee, ...

25.03.2019 10:02:07

Tiffany's net profit more than tripled in the fourth quarter

The second largest jewelry retail chain in the world, the American company Tiffany, following the results of the fourth financial quarter, which ended in late January, reported on a significant jump in net profit due to the US tax reform, finversia.ru ...

22.03.2019 13:02:05

China Mobile increased net profit by 3.1% in 2018

The world largest in terms of the number of subscribers communications service provider, China Mobile, following the results of 2018, reported the net profit growth of 3.1% to 117 billion 800 million yuan. The one-time profit from the IPO of ...

22.03.2019 13:02:05

Chinese automaker Geely in 2018 increased its net profit by 18%

Chinese car manufacturer Geely Automobile Holdings at the end of 2018, reported net profit growth to a record level of 12 billion 550 million yuan. A year earlier, the profit was 10 billion 630 million yuan. According to experts, the profit ...

22.03.2019 13:02:05

Citigroup will sell Venezuelan gold in compensation of outstanding loan

Citibank of the international financial conglomerate Citigroup announced its intention to sell part of the Venezuelan gold held as collateral for a loan of $1,600 million, Reuters writes, citing informed sources. On March 11, Venezuela was ...

22.03.2019 13:02:05

CNOOC doubled its net profit in 2018

China's third largest national oil and gas company, CNOOC, reported that in 2018 its net profit was 52 billion 690 million yuan, which is 2.1 times higher than in 2017. The growth rate contributed to a significant increase in gas production, ...

22.03.2019 13:02:05

Production activity in Philadelphia recovered in March after falling in February

The Federal Reserve Bank of Philadelphia reported an increase in the index of manufacturing activity in the region to 13.7 points in March from 4.1 points in the previous month. Economists had not predicted such a significant increase in the ...

22.03.2019 12:02:25

The Bank of England did not change the value of the base rate and stated that its further change would depend on the Brexit process

Following the results of the meeting in March, the Bank of England left the base interest rate unchanged at the level of 0.75% and stated that in the future it would consider changing the rates depending on the Brexit process. Uncertainty about ...

22.03.2019 12:02:25

Georgia's GDP grew by 4.7% in 2018

The National Statistics Office of Georgia published updated data, according to which the country's GDP grew by 4.7% in 2018, slowing down compared with a 4.8% rise in 2017. The nominal GDP of 41 billion 77.5 million lari exceeded its volume ...

22.03.2019 12:02:25

UK retail sales rose 0.4% in February

In February, retail sales in the UK increased by 0.4% compared to January, the data of the ONS showed. Compared to a 0.9% rise in the previous month, retail sales slowed growth in February. The index coincided with the estimates of economists. ...

22.03.2019 12:02:25

Tencent's net profit declined sharply in the fourth quarter

The world's largest Chinese investment Internet company, Tencent Holdings, at the end of the fourth quarter of last year, reported a decrease in net profit by 32% to 14 billion 230 million yuan. Experts had expected a decline to 17 billion ...

22.03.2019 12:02:25

Norges Bank raised key rate to 1%

Following the results of the meeting in March, Norges Bank decided to raise the key interest rate from 0.75% to 1% per annum. This is the second rate increase since September last year. Until September, there have been no changes for seven ...

21.03.2019 10:01:39

BMW warned of a possible reduction in pre-tax profit by more than 10% in 2019

German automaker BMW said that in the current year, pre-tax profits could fall by more than 10% amid the transformation of the automotive industry. Compared to a decline of 7.8% in 2018, the rate of decline in this indicator may accelerate ...

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