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Twitter Inc., the owner of the microblogging network of the same name, increased its net profit 2.8 times in the fourth quarter of 2018 to $255.3 million compared to $91.1 million in 2017. Earnings per share were 33 cents versus 12 cents a ...
Hong Kong is ahead of New York and London in terms of the number of transactions in the premium housing market in 2018, Knight Frank reports. The city is leading in terms of the number of real estate transactions worth more than $25 million ...
The largest automaker in India, Tata Motors Ltd., recorded a loss due to the depreciation of assets of the division of Jaguar Land Rover. Net loss in the fourth quarter amounted to 269.9 billion rupees or $3.78 billion against a profit of 11.99 ...
UniCredit SpA, the largest Italian bank, reported a 2-fold profit growth in the fourth quarter of 2018. Net profit for the quarter rose 2.2 times to 1.73 billion euros from 801 million euros a year earlier. Adjusted profit increased by 20% ...
The European Commission (EC) has downgraded the forecast for eurozone GDP growth from 1.9% to 1.3%. The basis of the decrease is the uncertainty of the Brexit deal and the slowdown in the growth rate of the Chinese economy. In 2020, eurozone ...
Pernod Ricard, the world's second largest producer of alcohol, reduced its net profit by 11% in the first half of the year. Profit exceeded 1 billion euros. The company explains the drop in the index by a significant increase in income a year ...
The net profit and revenue of the Danish brewing concern Carlsberg exceeded market forecasts in 2018. Revenue increased by 3% to 62.5 billion krones from 60.66 billion in 2017. Net profit increased 4.2 times to 5.31 billion krones or $812 million. ...
Increase in oil prices was recorded after an increase in trading volatility due to the publication of a report by the US Ministry of Energy on oil reserves. The April futures for Brent crude rose in price by 0.73% and reached $62.43 per barrel. ...
Net profit of Walt Disney Co. fell by 37% in the first financial quarter, which ended December 29. Profit was $2.79 billion or $1.86 per share versus $4.4 billion or $2.91 per share over the earnings period last year. Adjusted earnings per ...
The US external deficit decreased by 11.5% in November and amounted to $49.3 billion against a value of $55.7 billion in October. The negative balance, which reached a record level in 2008, fell to a 5-month low. Experts had expected the decrease ...
The productivity of American workers in the manufacturing industry grew by 1.3% in annual terms in the fourth quarter. The indicator is calculated as the release of goods per hour of work. It includes incomplete data due to the consequences ...
American automaker General Motors recorded a profit of $8 billion in 2018 against a loss of $3.864 billion over the earnings period last year. The diluted earnings were $5.53 per share versus a loss of $2.6 in 2017. GM's revenue increased by ...
The bank of France, the largest in terms of assets, increased its profits in October-December by 1.1% to 1,442 billion euros from 1,426 billion euros in 2017. Over the same period, the bank's revenue fell by 3.5% to 10.16 billion euros, BNP ...
Canadian authorities issued 6% more construction permits to the value of $8.8 billion in December. The November figure was revised downwards - from 2.6% to 2.1%. Developers have planned more projects for the construction of apartment buildings ...
The German automaker expects weak growth in profit, sales and revenue in 2019. Due to poor reports for 2018, the company reduced dividends for the first time since 2010. At the end of the fourth quarter of last year, the profit fell almost ...
Bitcoin fell in price to $3,391.33 during trading on Wednesday, which is 1.7% lower than the previous day, CoinDesk reports. During the bidding, the cryptocurrency rate dropped to $3,355.1. Jani Ziedins from the Cracked Market blog believes ...
The service sector in the UK grew in January slower than expected and approached stagnation. The number of new orders in the sector declined for the first time in two years. The index of business activity in the service sector fell to 50.1 ...
French authorities will fine General Electric for creating a small number of new jobs, contrary to promises. As part of the deal with Alstom, GE was supposed to create a thousand new jobs in three years, but opened only 25, according to French ...
Car sales in the UK fall for the fifth consecutive month in January. The reason was the drop in demand from businesses and car parks, according to the data of the Society of Motor Manufacturers and Traders (SMMT). Sales of new cars decreased ...
The company closes the production of diesel Nissan NV200 in Barcelona. Only the electric version of the model will remain in the European market. Nissan ceases production of the diesel model until the end of this summer. Diesel powered minivan ...
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