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The Cabinet of Japan in the March review pointed to the gradual recovery of the country's economy, noting, however, signs of weakness in production and exports. Fears caused by the upcoming consumption tax in October and the consequences of ...
Sergio Ermotti, CEO of UBS, a Swiss bank, speaking at a conference for investors in London, called the first quarter of 2019 one of the most difficult for the bank in recent years. He expects weak financial results for the quarter against the ...
In February, UK inflation accelerated to 1.9% from 1.8% in January, the Office for National Statistics reported. Experts predicted that consumer prices in February would maintain an annual growth of 1.8%. In monthly terms, consumer prices increased ...
French fashion house Hermes International reported on the results of 2018. During the earnings period, its net profit rose by 16% to 1 billion 410 million euros, while economists had predicted it at the level of 1 billion 370 million euros. ...
The construction of a deep coal mine was unanimously approved by the council of the British county of Cumbria, the Financial Times reported. The decision to build a coal mine was made in the UK for the first time in more than 30 years. The ...
FedEx Express Delivery Corporation reported a net profit decline in the quarter that ended in late February to $739 million from $2 billion 70 million in the same quarter of the previous fiscal year. A year earlier, net income included a one-time ...
Walt Disney, one of the world largest entertainment industry, announced the completion of the acquisition of the 21st Century Fox assets for $71 billion. The agreement on the purchase of these assets, concluded in 2017, estimated the transaction ...
J. K. Liu, CEO of Chinese camera manufacturer Insta360, said in an interview with CNBC about plans to hold an initial public offering of shares in 2020 with the goal of attracting investment to introduce innovations in camera production. It ...
According to the new forecast of the international rating agency Fitch, in 2019 global GDP will grow by 2.8%, and in 2020 its growth will be at the level of 3.1%. In December, agency experts expected the global economy to grow by 3.1% in 2019, ...
Advisors to the Federal Government worsened the forecast for German economic growth in 2019 to 0.8% from 1.6%. They predict that in 2020, GDP will grow by 1.3%. At the same time, experts do not expect a recession in the German economy, noting ...
The growth of hourly wages in the eurozone in the fourth quarter of 2018 in annual terms was 2.3%, just as in the previous quarter, Eurostat reported. In December, eurozone unemployment fell to its lowest level since October 2008, reaching ...
In the first two months of 2019, China’s budget revenues increased by 7% to 3 trillion 910 billion yuan in annual terms, according to data from the Ministry of Finance. The central government noted an increase in budget revenues by 6.6% to ...
Foxconn Technology Group, the world's largest contract electronics manufacturer from Taiwan, is returning to its plans to produce LCD displays in the US state of Wisconsin after negotiations in February between US President Donald Trump and ...
Chinese company Xiaomi, specializing in the production of electronics, reported that following the results of 2018, it received a net profit of 13 billion 480 million yuan while a year earlier it recorded a net loss of 43 billion 890 million ...
ZEW Research Institute published data on the level of investor confidence in the German economy in March. The corresponding index calculated by the institute was minus 3.6 points, having increased from February level to minus 13.4 points. The ...
The unemployment rate in the UK for the period from November 2018 to January 2019 has decreased to a minimum level of 3.9% since 1975 versus 4.1% in the previous 3 months, the Office for National Statistics reported, based on the calculation ...
The data of trades in London on Tuesday showed that the spot price of palladium rose to 1,601 dollars 52 cents per troy ounce. Relative to the previous session, the price of metal went up by 1.4%, and its value exceeded 1 thousand 600 dollars ...
According to the Federation of the Swiss Watch Industry, in February, there was a growth in exports of watches from Switzerland by 3.4% to 1 billion 755 million Swiss francs. Growth rates accelerated compared with the January increase of 0.2%. ...
Research company International Data Corporation expects the growth in sales of wearable electronic devices by 15.3% to 198.5 million units. According to its estimates, the average annual growth rate of sales in the period up to 2023 will be ...
Distatis released final data on inflation in Germany in February. Compared to February of last year, prices according to EU standards showed an increase of 1.7%. Inflation in February was at its lowest level since April 2018, which was observed ...
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