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Company news

06.02.2019 12:01:42

Apple regained leadership in terms of capitalization

Apple's stock price rose 1.7% on Tuesday, thanks to which the company set a new record in terms of capitalization and surpassed Microsoft. Now, the cost of Apple reaches $821.7 billion - 4.3 billion more than Microsoft. Amazon's capitalization ...

06.02.2019 11:02:34

Retail sales in the euro area fell according to the forecasts

The sharp drop in demand in Germany has caused a decline in retail sales in the eurozone. Retail sales in 19 European countries declined 1.6% in December after rising 1.8% a month earlier. Growth in retail sales compared to last year was 0.8%. ...

06.02.2019 10:02:38

China will invest $373 billion in clean energy

China dramatically increases financing for renewable energy. In the coming years, the government will spend 2.7 trillion yuan or $373 billion to build solar and wind power plants. The Chinese authorities are aimed at a radical increase in the ...

06.02.2019 09:01:44

Profit of the British BP exceeded forecasts

Profit of BP, a British oil company, exceeded market forecasts in Q4 2018. Net profit of the corporation was $2.717 billion against a loss of $583 million over the earnings period last year. Experts had predicted a figure of $2.63 billion. ...

06.02.2019 09:01:44

Germany to buy stakes in companies

German Economy Minister, Peter Altmaier, announced that Germany would buy stakes in foreign companies to prevent the sale of key technologies. Germany has developed a national industrial strategy aimed at supporting local exporters. German ...

06.02.2019 09:01:44

Business activity in the eurozone is growing at the slowest pace since 2013

Business activity in the eurozone continues to grow, but at the slowest pace since 2013, IHS Markit reports. Eurozone PMI fell to 51 points from 51.1 points in December. A preliminary estimate of analysts was 50.7 points. The index value below ...

05.02.2019 13:02:11

Strengthening of the dollar caused a drop in oil prices

The strengthening of the US dollar caused a collapse in the oil market on Monday. The price of April Brent futures fell by 1.48% to $61.82 a barrel. March WTI contracts fell 2.64% to $53.80 a barrel. The thaw in the US and Chinese trade dispute ...

05.02.2019 12:01:25

Cryptocurrencies fell in price on Monday

Cryptocurrency prices fell following the results of trading on Monday. Interest in digital money increased after Twitter CEO, Jack Dorsey, announced that Bitcoin would become the single Internet currency. Dorsey expressed this opinion in an ...

05.02.2019 11:01:36

The price of real estate in the poshest districts of London fell by 4.6% in 2018

Housing prices in the poshest districts of London fell by 4.6% to the lowest level since 2013, according to Knight Frank. Against the backdrop of political chaos in the country, sales and real estate prices fell in the second half of 2018. ...

05.02.2019 11:01:36

Japan's largest bank MUFG increased revenue by 9.7%

According to the results of 3 quarters of the current fiscal year, Mitsubishi UFJ Financial Group Inc., the largest bank in Japan, increased its net profit by 1% to 872.23 billion yen or $7.9 billion. Per share, earnings rose to 66.68 yen against ...

05.02.2019 11:01:36

Chinese housing giant reduced sales in January

One of the largest players in the real estate market in China, Evergrande Group, reported a fall in sales in January. Last month, the company's contract sales fell by a third, from 64.36 billion yuan to 43.17 billion yuan. At the end of 2018, ...

05.02.2019 11:01:36

UK construction sector reduces activity in January

Growth of activity in the UK construction sector in January fell to its lowest level since March 2018. The lack of agreement on Brexit led to a drop in the business activity index. The figure fell from 52.8 in December to 50.6 in January. Analysts ...

05.02.2019 11:01:36

Investors doubled investments in commercial real estate in Germany

Investment in commercial real estate in Frankfurt and Berlin have almost doubled since the beginning of the Brexit process. The total value of transactions in 2018 increased by 88% compared to 2016 and exceeded $10 billion. Investments in Berlin ...

05.02.2019 11:01:36

Australia is reforming corporate regulation

In Australia, a new body to monitor regulators will be launched, which will clear the banking sector of unethical practices. Australian banks cheat regulators by charging fees for services they did not commit. In addition, regulators are working ...

05.02.2019 10:01:17

Swiss bank UBS lowered growth forecasts for the British economy

Swiss bank UBS revised its forecast for economic growth in the UK in 2019 amid fears about the country's withdrawal from the EU. The forecast for the first quarter of the year was changed from 0.3% to 0.2% of GDP growth, for the second quarter ...

05.02.2019 10:01:17

The influx of foreign investment in Saudi Arabia topped record levels in January

Foreign investors invested a record amount in Saudi Arabia stocks in January 2019. Fears caused by the killing of opposition journalist Jamal Hashkadi outweighed optimism due to the inclusion of the country's stock market in world indices. ...

04.02.2019 15:01:08

Consumer confidence in Switzerland improved in Q4

The consumer confidence index in Switzerland rose in the fourth quarter of 2018. Consumer confidence rose to minus 4 from minus 6, having exceeded experts' forecasts at the level of minus 5. Assessment of the overall economy deteriorated against ...

04.02.2019 13:01:36

India will place $100 billion in government bonds

In the fiscal year, which begins April 1, India intends to place government bonds in the amount of 7.1 trillion rupees ($100 billion), Finance Minister, Piyush Goyal, said. The Indian government plans to support the economy with these funds. ...

04.02.2019 13:01:36

Sony increased its quarterly profit by 45%

Japanese corporation Sony increased its quarterly profit by 1.5 times or 45%. Earnings rose to 429 billion yen ($3.94 billion), or 330.77 yen per share, up from 295.9 billion yen, or 228.91 yen per share a year earlier. The growth in operating ...

04.02.2019 13:01:35

Private investors will have access to Finland’s railway projects

Finland plans to attract private investors to new projects in the railway sector. The cost of projects will be at least 7.5 billion euros by 2030. Finland plans to connect the main airport of the country with St. Petersburg. The government ...

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