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Company news

04.02.2019 13:01:35

Eurozone business activity index fell to its lowest level since November 2014

The euro area manufacturing PMI fell to 50.5 from 51.4 in December 2018. Eurozone business activity is in stagnation, IHS Markit reports. The decline of the index is been marked for the sixth consecutive month. Its value has decreased to a ...

04.02.2019 13:01:35

Deutsche Bank has recorded net profit for the first time since 2014

Net profit of Deutsche Bank, the largest German bank, amounted to 341 million euros against a loss of 735 million euros in 2017. Shareholders' profit rose to EUR 267 million against a loss of EUR 751 million in the previous period. Analysts' ...

04.02.2019 13:01:35

Electrolux reduced net income by 34% in 2018

The net profit of Electrolux, the Swedish home appliance manufacturing company, declined by one third in 2018. Profit declined to $422 million, or SEK 3.805 billion. Diluted earnings declined to SEK 13.14 per share from SEK 19.88 a year earlier. ...

04.02.2019 11:01:14

Honeywell's quarterly earnings exceeded forecasts

Profit of the American company, Honeywell International Inc., exceeded market expectations in the last quarter of 2018. The corporation's net income rose to $1.72 billion, or $2.31 per share, against a loss of $2.51 billion, or $3.32 per share. ...

04.02.2019 11:01:14

ISM Manufacturing Index unexpectedly rose in January

The index of business activity in the US manufacturing sector has grown from a minimum over 2 years. The growth of the index in January came as a surprise to experts, the Institute for Supply Management (ISM) reports. In January, the index ...

04.02.2019 11:01:14

US consumer confidence drops to 2-year low in January

The US consumer confidence index fell to 91.2 points in January against 98.3 points in December. The indicator showed the lowest value since October 2016. According to preliminary data, the index should have dropped to 90.7 points. Consumer ...

01.02.2019 13:01:40

Car production in the UK has fallen to a minimum of 5 years

Car production in the UK fell by 9.1% to 1.52 million units due to the uncertainty about the country's withdrawal from the EU, the British Society of Motor Manufacturers and Traders (SMMT) reports. The recorded figure was the lowest since 2013, ...

01.02.2019 13:01:40

PetroChina refused to partner with PDVSA in a project on oil refining

China’s PetroChina plans to stop cooperating with Venezuelan state-owned company PDVSA to build an oil refinery and petrochemical complex in southern China. The cost of the project was $10 billion. Representatives of PetroChina said that the ...

01.02.2019 13:01:40

Net profit of Samsung fell 30%

Net profit of Samsung Electronics fell by 30% due to weak demand for memory chips and smartphones. In the last quarter of 2018, Samsung's net profit fell to 8.5 trillion won from 12.2 trillion won in 2017. Operating profit declined by 28.7% ...

01.02.2019 13:01:40

World demand for gold increased by 4% in 2018

Demand for gold in the world rose to 4,345 thousand tons, which is 4% more than the result of 2017. Central banks of the countries increased gold reserves by 74% compared to 2017, having reached the mark of 651.5 tons. This is the second largest ...

01.02.2019 13:01:40

MasterCard increased quarterly profit 4.5 times, annual - 1.5 times

Net profit of the second after Visa payment system in the world increased 4.5 times in the fourth quarter of 2018 and amounted to $900 million compared to $200 million in 2017. Earnings per share rose to $0.87 versus $0.21 a year earlier. Adjusted ...

01.02.2019 13:01:40

GDP of Canada declined in November

Analysts had expected a decrease in Canadian GDP in November 2018. The country's economy decreased by 0.1%. In October, an increase of 0.3% was recorded. Growth in 13 of Canada’s 20 industrial sectors was offset by declines in the wholesale, ...

01.02.2019 11:01:26

Shell has doubled its profit over a quarter

Profit of the British-Dutch oil and gas company, Royal Dutch Shell Plc, increased 2.4 times in the fourth quarter of 2018, or 138%. The company earned $7.334 billion in the quarter against $3.082 billion a year earlier. In the third quarter, ...

01.02.2019 11:01:26

isa increased net profit by 18% in the first fiscal quarter

Visa, operator of the world's largest payment system, increased its net profit by 18% in the 1st fiscal quarter. Earnings were $2.977 billion, or $1.3 per share versus $2.522 billion or $1.07 per share over the earnings period last year. Visa ...

01.02.2019 11:01:26

UK consumer confidence index remained unchanged In January

According to GfK NOP Ltd., the UK consumer confidence index remained at minus 14 points. This is the minimum value since 2013. The index retains a negative value for 37 consecutive months. A positive index value was last noted in January 2016. ...

01.02.2019 11:01:25

Chemical company DowDuPont increased profit 2.5 times in 2018

The net profit of a major American chemical company, DowDuPont, increased 2.5 times compared with 2017 and amounted to $3.999 billion. Diluted earnings per share increased to $1.65 compared to $0.91 in 2017. The company increased revenue by ...

31.01.2019 13:01:07

NASDAQ subsidiary buys Oslo Stock Exchange

The subsidiary of the American company NASDAQ buys all the shares of the Oslo Stock Exchange. The price of the shares of Oslo Boers VPS Holding ASA will be 152 krones per share, and the entire stock exchange is valued at $770 million. The deal ...

31.01.2019 13:01:07

Alibaba's profit and revenue grew by a third in the 3rd quarter

Alibaba Group Hodling Ltd. increased net profit by 37% over the 3rd fiscal quarter. The figure rose to 33.05 billion yuan against 24.07 billion yuan last year. Per-share earnings rose from 9.2 yuan to 12.64 yuan, the company said in a press ...

31.01.2019 13:01:07

French GDP growth slowed in the fourth quarter of 2018

France's GDP grew by 0.3% in the last quarter of 2018, according to estimates by Insee. The slowdown in the growth of the second largest economy of the European Union is associated with anti-government protests. The budget deficit in Italy ...

31.01.2019 13:01:07

Bosch to invest 4 billion euros in the creation of unmanned vehicles

One of the world's leading suppliers of automotive components will invest 4 billion euros in the development of unmanned vehicles by the end of 2022. Over the next five years, Bosch will hire 25,000 specialists to develop new software. The ...

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