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Company news

04.03.2019 10:01:29

Eurozone inflation accelerated in February to 1.5%

In February, eurozone inflation accelerated to 1.5% from 1.4% in the previous month, Eurostat reported. Inflation in February confirmed the forecasts of experts. The inflation rate, which does not take into account the price of energy, food ...

04.03.2019 10:01:29

The number of unemployed in Germany fell in February by 21 thousand

In Germany, the number of unemployed in February was 2 million 236 thousand people, having decreased over the month by 21 thousand, the Federal Employment Agency reported. The index fell at the fastest pace over the past 5 years, surpassing ...

04.03.2019 10:01:29

Growth of retail sales in Germany exceeded expectations in January

In January, retail sales in Germany grew by 3.3% compared with December, when they decreased by 3.1%, according to preliminary data from Destatis. The growth rate in January significantly surpassed the 1.9% increase expected by economists and ...

04.03.2019 10:01:29

Indian authorities have approved a scheme of subsidizing electric vehicles for 1 billion 400 million dollars

The government of India has approved a subsidy scheme for electric cars and hybrid cars for 1 billion 400 million dollars. According to Reuters, the decision was made by the Indian authorities to strengthen the fight against environmental pollution. ...

04.03.2019 09:01:39

Growth in consumer confidence in the US did not reach forecasts in February

In February, the US consumer confidence index was 93.8 points, rising from 91.2 points in the previous month. This final estimate of the index by the University of Michigan did not reach the economists' forecast of 95.9 points. American consumers ...

04.03.2019 09:01:39

French BlaBlaCar will compete with Flixbus in Germany

German Flixbus, which has a monopoly on international bus transport in Germany, may face serious competition from BlaBlaCar, the French service of searching for automobile travel companions on the Internet. The head of the French company, Nicolas ...

04.03.2019 09:01:39

The index of business activity in the US manufacturing sector fell in February to the lowest level since November 2016

In the US manufacturing sector in February, there was a decline in business activity. The corresponding index from the Institute for Supply Management was 54.2 points against the January value of 56.6 points. In February, the index value was ...

04.03.2019 09:01:39

US population income fell by 0.1% in January

The US Department of Commerce reported a 0.1% decline in American incomes in January, while experts had predicted a 0.3% increase. According to the Department's data for December, the income of US citizens in the last month of 2018 showed an ...

01.03.2019 15:02:36

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

Statistical Office of France reported the final data following the results of the fourth quarter, according to which the country's GDP grew in the fourth quarter of last year by 0.3% compared to the previous quarter and by 0.9% compared with ...

01.03.2019 15:02:36

UK consumer confidence rose slightly in February

The UK consumer confidence index for the country's economy in February was minus 13 points, having increased from January to minus 14 points, GfK NOP reported. The negative value of the index has been observed for 38 months in a row. The British ...

01.03.2019 15:02:36

The economy of Switzerland increased by 0.2% in the fourth quarter

The Swiss economy grew in the fourth quarter by 0.2% after a decline of 0.3% a quarter earlier, the State Secretariat for the Economic Affairs reported. Experts had predicted a more significant increase - by 0.4%. Compared to the same period ...

01.03.2019 15:02:36

Activity in the processing industry in China fell in February to 3-year low

PMI activity index in the processing industry of China amounted to 49.2 points in February, having decreased from the January level of 49.5 points to the minimum level for the last 3 years, data from the country's National Bureau of Statistics ...

01.03.2019 15:02:36

French Engie will leave 20 countries, implementing a strategy based on renewable energy sources

French energy and gas company Engie announced its new strategy aimed at developing renewable energy sources. In the next three years, she intends to leave 20 countries where it has been mining for coal, getting rid of these traditional energy ...

01.03.2019 15:02:36

The economy of India grew 6.6% in the fourth quarter

In the fourth quarter of 2018, the growth of the Indian economy slowed to 6.6% relative to the same quarter last year from 7.1% in the third quarter, official data showed. Economists also expected a slowdown in economic growth, but only to ...

01.03.2019 15:02:36

Economic growth in Brazil in the fourth quarter did not reach forecasts

The Brazilian economy in the fourth quarter added 0.1% compared to the third quarter, when its growth was at the level of 0.5%, official data showed. Economists had expected a 0.2% rise in GDP. Compared with the same quarter a year earlier, ...

01.03.2019 14:01:25

Net profit of IAG increased by 45% in 2018

Aviation holding International Consolidated Airlines Group, following the results of 2018, reported on the net profit growth by 45% to 2 billion 890 million euros. Revenues amounted to 24 billion 410 million euros, an increase of 6.7%. During ...

01.03.2019 14:01:24

Sweden's GDP growth in the fourth quarter exceeded forecast 2 times

The Swedish economy grew by 1.2% in the fourth quarter after declining by 0.1% in the previous quarter, official data showed. The quarterly figure exceeded twice the growth by 0.6%, which was predicted by economists and the Swedish Central ...

01.03.2019 14:01:24

Aston Martin completed 2018 with a loss of 68 million 200 thousand pounds sterling

British Aston Martin Lagonda, which produces sports cars, following the results of 2018, reported a pre-tax net loss of 68 million 200 thousand pounds sterling, whereas in the previous year it reported a profit of 84.5 million pounds. The cost ...

28.02.2019 12:01:24

German Bayer reduced its net profit by 9.1% in 2018

Bayer, the German chemical and pharmaceutical concern, reported on its results for the fourth quarter and 2018 as a whole. In the fourth quarter, the company recorded a net loss of 3 billion 924 million euros, compared with a profit of 148 ...

28.02.2019 12:01:24

Inflation in Canada slowed to 1.4% in January

Annual inflation in Canada slowed down in January to 1.4% from 2% in December, official statistics showed. Economists had expected a less significant slowdown - up to 1.5%. A significant backlog of inflation from the Bank of Canada's target ...

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