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Company news

18.02.2019 13:03:19

Consumer confidence in the US increased significantly in February

US consumer confidence improved significantly in February after its lowest level in 2 years in the first month of the year. According to preliminary data from the University of Michigan, the corresponding index in February was 95.5 points, ...

18.02.2019 13:03:19

The US National Retail Federation expects retail sales to grow by 3.8%-4.4% in 2019

The US National Retail Federation (NRF) has published forecasts for the dynamics of retail sales in the country in 2018 and 2019. The Federation expects retail sales to grow by about 4.5% in 2018. At the same time, growth in online sales will ...

18.02.2019 13:03:19

PepsiCo's net profit increased 2.6 times in 2018

PepsiCo, an American manufacturer of soft drinks, reported on the results of the fourth quarter and the total 2018. According to a quarterly report, the company recorded a net profit of $6 billion 850 million, while a year earlier it reported ...

18.02.2019 13:03:19

January car sales in the EU down for fifth consecutive month

In January, the number of registered new cars in the European Union amounted to 1 million 196 thousand units, which is 4.6% less than in January 2018. The message of the European Automobile Manufacturers' Association (ACEA) states that sales ...

18.02.2019 13:03:19

Shell to acquire 100% of German Sonnen

Oil and gas company Royal Dutch Shell announced plans to purchase a 100% stake in German Sonnen, a company that provides energy services using digital technologies. The German company provides energy storage services to households. The Anglo-Dutch ...

18.02.2019 13:03:19

World oil prices accelerated growth on Friday evening

The growth of oil prices accelerated by Friday evening based on a Bloomberg report that damage to the power cable led to a halt in oil production in the Saudi Arabian largest offshore field Safaniya. Previously, prices were supported by a statement ...

18.02.2019 13:03:19

Eni's net profit rose by 25% in 2018

Italian oil and gas company Eni published a report on the results of 2018, according to which, its net profit showed an increase of 25% and reached 4 billion 226 million euros. Revenues reached 76 billion 926 million euros, rising by 8.4%. ...

18.02.2019 13:03:19

Uber's net loss declined in 2018 by 26.6%

Taxi service Uber reported a net loss decrease in 2018 by 26.6% to 3 billion 300 million dollars. In the fourth quarter, the company managed to reduce its net loss by 19% to $865 million. Quarterly revenue reached $2 billion 20 million, an ...

18.02.2019 13:03:19

US import prices in January were lower than expected

In January, import prices in the USA decreased by 0.5% compared to December, when they dropped by 1%, official data show. The decline had been observed for the past three months, the decrease by 3.1%. According to experts, in January less significant ...

15.02.2019 13:01:01

Bombardier in 2018 realized a net profit against a loss a year earlier

Canadian Bombardier, specializing in the field of mechanical engineering, in its reporting for 2018 indicated a net profit of $318 million, while a year earlier the report indicated a loss of $525 million. Revenues amounted to 16 billion 236 ...

15.02.2019 13:01:00

JPMorgan announced the release of its own cryptocurrency

American bank JPMorgan was the first among large banks to announce the release of its own cryptocurrency. According to the CNBC, the cryptocurrency released by the bank was named JPM Coin. It will be used for instant payment between bank customers. ...

15.02.2019 13:01:00

The price of palladium in the near future may exceed 1 thousand 400 dollars per ounce, experts say

Palladium during trading in New York on Thursday went up to 1 thousand 396 dollars 40 cents per troy ounce. Then the growth of its price slowed down to 1 thousand 382 dollars 60 cents per ounce. Palladium is constantly growing in price, updating ...

15.02.2019 13:01:00

US retail sales fell 1.2% in December

In December, the maximum decline in retail sales since 2009 was recorded in the USA. According to the US Department of Commerce, they fell by 1.2% compared to November. This was a surprise for economists, who had predicted a growth rate of ...

15.02.2019 12:01:14

China's oil and gas imports showed significant growth in January

The volume of oil imported by China in January increased in annual terms by 4.8% to 42,600,000 tons, the Central Custom Authority of China reported. The figure for third months in a row is higher than 10 million barrels per day. The January ...

15.02.2019 11:01:00

Renault's net profit in 2018 decreased by 36.6%

French automaker Renault in 2018 reduced its net profit for the first time in five years. The company reported a 36.6% drop to 3 billion 302 million euros. Revenue and operating profit of the company also showed a decline. Revenue in the amount ...

15.02.2019 11:01:00

This year, Valentine's Day is expected to show the record US spending growth

The US National Retail Federation NRF surveyed American citizens about their spending on the Valentine's Day. Despite the fact that this year the share of those who celebrate the holiday has decreased to 51% from 55% in 2018 and 63% in 2007, ...

15.02.2019 11:01:00

Airbus increased net profit by 66% in fourth quarter

European Aircraft Corporation Airbus Group reported impressive financial results in the fourth quarter. According to its statements, the net profit in the amount of 1 billion 601 million euros showed an annual increase of 66%. At the same time, ...

15.02.2019 11:01:00

Nestle shares climbed to historic highs thanks to good financial results

Swiss food manufacturer Nestle reported that in the fourth quarter, its organic sales growth accelerated to 3.7% from 2.8% in the first 9 months and exceeded the increase expected by experts by 3.5%. At the end of 2018, the figure increased ...

15.02.2019 11:01:00

In Britain, in the next 3 months, the maximum since February 2011 drop in housing prices is expected

In January, the UK house price balance was minus 22 points, down from minus 19 points in December, the Royal Institute of Chartered Surveyors (RICS) reported. The indicator fell to the lowest since July 2012 level. According to the institute's ...

14.02.2019 16:03:07

Venezuela plans to double oil exports to India amid US sanctions

India, the second largest consumer of Venezuelan oil after the United States, became of particular interest аor the state oil company of Venezuela, PDVSA, which came under US sanctions, because Indian refiners buy oil for cash. According to ...

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