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Mining company Rio Tinto reported a net profit growth of 56% to $13 billion 640 million in 2018, which was promoted by the sale of some assets. EBITDA at the end of the year was $18 billion 140 million, a decrease of 2% over the year. At the ...
Two British companies - Marks & Spencer, a chain of department stores, and Ocado, the online supermarket, - create a joint venture in the field of food trade. The companies published a joint announcement announcing that they would own 50% ...
The growth rate of the Hong Kong economy in the fourth quarter of last year was the slowest since the first quarter of 2016. The growth was at the level of 1.3% compared to the same quarter of 2017, while the increase expected by experts was ...
The Dutch government has increased its stake in the French-Dutch airline Air France-KLM to 12.68% from 5.9%. According to the Minister of Finance of the country, Wopke Hoekstra, the government plans to continue acquiring the shares of the air ...
Fiat Chrysler Automobile plans to invest 4.5 billion dollars in the expansion of production capacity, implementing a plan for its reorganization, the implementation of which was launched by the former head of the American automaker, Sergio ...
The annual report of General Electric showed that the American corporation in 2018, carrying out the restructuring of operations, sold a number of assets and reduced the number of staff by 30 thousand to 283 thousand. This figure was the lowest ...
The quarterly report of the world's largest electronics retailer, Best Buy, for the three months to February 2 showed a 2-fold net profit growth compared with the same period a year earlier to $735 million. Adjusted earnings of 2 dollars 72 ...
The aggregate index of business and consumer confidence in the eurozone in February pointed to a deterioration in confidence in the region for the 10th month in a row and was the lowest since November 2016. According to the European Commission, ...
The report for the fourth quarter, published by the German petrochemical company BASF, showed a reduction in its net profit by more than 4 times in annual terms to 348 million euros. Economists had expected a less significant decline - to 502 ...
Many German industrial companies began to move their production to Germany, leaving in the past the mass allocation of industrial capacity in Asia, and mainly in China. Adidas, BSH, Rowenta and others are among such companies, Deutsche Welle ...
The French automaker PSA Group, following the results of 2018, reported on the growth of net profit by 47% to a historic high of 2 billion 827 million euros. Operating income of $4 billion 400 million showed an annual growth of 43%. Revenue ...
A study of Ruder Finn and the Consumer Search Group found that one-third of Chinese residents plans to increase spending on luxury goods in the next 12 months. This intention was expressed by about 46% of respondents from mainland China and ...
The Bank of England announced that due to the upcoming Brexit in the period of March and April, repo auctions will be held weekly. Currently, auctions are held monthly. The British Central Bank is taking such a step to prevent a shortage of ...
Consumer confidence in France grew in February more than expected. According to statistics by Insee, the corresponding index was 95 points, having risen from 92 points in January. At the same time, according to economists forecast, the index ...
In the United States, the number of houses, the construction of which was started in December, was 1 million 78 thousand, which is 11.2% less than in November, the country's Department of Commerce reported. The December figure was the lowest ...
The British state reinsurance company, Pool Re, has released the world's first catastrophe bonds, the purpose of which is limited solely to protection against terrorist attacks,. The company said that the 3-year bonds in the amount of 75 million ...
Home Depot, the largest home improvement retailer in the United States, reported on its fiscal quarter, which ended February 3. During the earnings period, its net profit grew by 32% in annual terms and reached 2 billion 340 million dollars. ...
The American Chamber of Commerce in China surveyed 314 representatives of its member companies. According to a survey conducted from November 13 to December 16, many foreign companies noted an improvement in intellectual property protection ...
The composite index of business activity in the industrial and service sectors of the eurozone amounted to 51.4 points in February, having risen from 51 points in January, Markit Economics reported. Economists had expected the growth of the ...
Danish Moller-Maersk, engaged in the carriage of goods by sea and serving port terminals, announced the decision taken by the board of directors to allocate the drilling division into a separate company. It is planned that the company will ...
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