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Company news

06.03.2019 10:01:34

Business activity in the eurozone exceeded forecasts

In February, business activity in the eurozone increased to a maximum of 3 months. According to the IHS Markit, the composite PMI was 51.9 points, up from 51 points in January. The preliminary assessment of the index was at the level of 52.3 ...

06.03.2019 10:01:34

Business activity in the service sector of China grew in February at the slowest pace since October 2018

The service sector of China in February showed the lowest growth rate of business activity since October 2018. According to Markit/Caixin, the PMI index was 51.1 points against 53.6 points a month earlier. The main negative factor affecting ...

06.03.2019 10:01:34

Central Bank of Australia left the key rate unchanged

The Central Bank of Australia at its meeting on Tuesday decided to leave the key rate at 1.5%, finversia.ru writes. This decision has confirmed market forecasts. This was the thirtieth meeting when the Central Bank did not change the record ...

06.03.2019 10:01:34

The UK services sector grew at a moderate pace in February

In the UK services sector, moderate growth was observed in February. According to IHS Markit, the purchasing managers index rose to 51.3 points from 50.1 points a month earlier. The February index value is the lowest since the fourth quarter ...

06.03.2019 10:01:34

Business activity in the US service sector exceeded forecasts in February

The Institute for Supply Management reported the most significant growth in the US services sector since November 2018. In February, the corresponding index was 59.7 points, rising from 56.7 points in January. Its February value was significantly ...

06.03.2019 10:01:34

By 2025, at least 15 companies will release their models of private flying cars

Research by Frost & Sullivan showed that by 2025, at least 15 companies will release their models of private flying cars. Experts also believe that by 2050, the services of commercial transportation of passengers will be popular. Aircraft ...

06.03.2019 09:02:07

South Africa's economy grew by 1.4% in the fourth quarter, and by 0.88 % in annual terms

The South African economy showed an increase of 1.4% in the fourth quarter versus the third quarter, when there was a more significant increase - by 2.6%, official data showed. At the same time, the slowdown in economic growth turned out to ...

06.03.2019 09:02:07

IMF predicts 5.5% GDP growth in Uzbekistan in 2019

The International Monetary Fund estimates that Uzbekistan’s GDP will grow by 5.5% in 2019, its head, Albert Eger, said following the results of the work of the IMF mission in the country. Investments will provide the main support to economic ...

05.03.2019 11:01:45

The Swiss National Bank in 2018 recorded a loss against a profit a year earlier

The Swiss National Bank reported on the results of 2018. Last year, the Central Bank suffered a loss of 14 billion 934 million Swiss francs against a profit of 54 billion 372 million francs a year earlier. This result was due to an annual loss ...

05.03.2019 11:01:45

May's government plans to create a fund for cities that have supported Brexit

British Prime Minister, Theresa May, proposed to create a fund in the amount of 1 billion 600 million pounds to stimulate economic growth in cities that supported Brexit. According to Reuters, many regarded such an initiative of the British ...

05.03.2019 11:01:45

Tesla paid the largest bond debt in history

Tesla, the American manufacturer of electric cars, paid $920 million in convertible bonds to investors on the first day of spring, The Wall Street Journal writes, citing a company representative. Taking into account the data published at the ...

05.03.2019 11:01:45

The January rise in producer prices in the eurozone exceeded forecasts

In January, producer prices in the eurozone showed an increase of 0.4% compared to December, Eurostat reported. According to experts, growth was expected at the level of 0.3%. Compared with the same month of the previous year, the figure rose ...

05.03.2019 11:01:45

The building activity in the UK fell in February

In February, the index of business activity in the UK construction sector was 49.5 points, having decreased from the January value of 50.6 points. These IHS Markit data point to a weakening of business activity among British construction companies. ...

05.03.2019 11:01:45

The price of nickel rose to a 6-month high

The price of nickel reached on Monday its highest level since August amid encouraging news about trade negotiations between the United States and China, as well as due to the fact that Chinese steelmakers are constantly increasing the demand ...

05.03.2019 11:01:45

German automakers invest in electric cars about 60 billion euros

Bernhard Mattes, head of the German Automotive Industry Association of Germany, said that in the coming years German automakers' investments in electric cars will reach 40 billion euros. In addition, they will invest another 18 billion euros ...

05.03.2019 11:01:45

The amount of construction spending in the US unexpectedly fell in December

In December, construction companies in the United States reduced construction costs by 0.6% from November to $1 trillion 293 billion, the country's Department of Commerce reported. In November, the figure rose by 0.8%. For economists, the fall ...

05.03.2019 11:01:45

Oil prices rise as it gets closer to the final stages of the US-China trade negotiations

Benchmark crudes rise in price as it gets closer to the final stages of trade negotiations between the US and China. Baker Hughes' report on the reduction in the number of existing drilling rigs in the United States also pushed up oil prices. ...

05.03.2019 10:02:23

Сar sales in the US fell 1% in February

In February, the number of cars sold in the United States fell by 1% from the same month a year earlier and totaled 1.2 million cars, JD Power and LMC Automobile reported. Many US automakers said that higher prices and cold weather conditions ...

04.03.2019 10:01:29

Canada's GDP grew in the fourth quarter at its slowest pace in 2.5 years

The economy of Canada shrank in December by 0.1%, just as in November, official statistics showed. Experts had not anticipated a change in the indicator. Regarding the last month of 2017, the economy of Canada showed an increase of 1.1%. Manufacturing ...

04.03.2019 10:01:29

Tesla will only sell cars online

The American manufacturer of electric cars Tesla announced changes in its sales strategy. According to The Wall Street Journal, to reduce costs, the company intends to sell its cars only through the Internet, ceasing traditional trade in its ...

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