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Net profit of the world manufacturer of luxury goods, LVMH Moet Hennessy Louis Vuitton SA, grew by 18% in 2018. Profit from continuing operations increased by 21% and exceeded 10 billion euros against 8.293 billion euros in 2017. Revenue growth ...
Analysts at Thomson Reuters GFMS are waiting for an increase in the price of gold to $1,292 per ounce. The GFMS survey notes that economic uncertainty and a slowdown in US GDP growth will cause an increase in precious metal prices. The average ...
The net profit of the largest aircraft manufacturer Boeing grew by 24% in 2018 and amounted to $10.46 billion. In terms of share, the net diluted earnings rose to $17.85 compared to $13.85 in 2017. Boeing's revenue growth was 8% - to $101.127 ...
Consumer inflation in Germany fell in January more than expected, the Federal Statistical Office reports. The price increase was the lowest in almost a year. Consumer price index rose 1.4% year-on-year after the increase by 1.7% in December. ...
Net profit of McDonald’s rose 14% in 2018, according to reports. The company reached a figure of $5.924 billion. Earnings per share were $7.54 against $6.37 in 2017. McDonald's reduced its operating income by 8% to $8.823 billion. Revenue fell ...
The index of pending home sales fell to 99.0 in December. The November index, which was 2.2% higher, was revised from 101.4 to 101.2. According to analysts, the index was expected to grow by 0.5%. Unfinished contracts for the sale of housing ...
Net profit of Harley-Davidson, the largest motorcycle manufacturer in the United States, fell 16.6 times in the last quarter of 2018. Quarterly revenues decreased by 6.5% to $1.15 billion, profit - to $0.5 million compared to $8.3 million in ...
Financial and technology venture capital companies attracted global investment of $39.57 billion in 2018, Reuters reports. This is 120% more than the rate of 2107 years. The number of deals rose to 1,707 units from 1,480 in 2017. More than ...
The merger of the three financial organizations will lead to the creation of the fifth largest lender in the region. The size of the assets will reach $114 billion. Abu Dhabi Commercial Bank (ADCB), the Union National Bank (UNB) and Al Hilal ...
Irish low-coster Ryanair received 100% of the Austrian airline LaudaMotion. The deal was completed in December, LaudaMotion reports in a message. The company confirmed the purchase of a 100% stake of its shares by low-cost airline Ryanair. ...
Pharmaceutical company Pfizer reduced its net profit in 2018 by half to $11.153 billion, according to financial statements. Earnings per share fell to $1.87 against $3.52 for the earnings period last year. The company's revenue rose 2% to $53.65 ...
The supply of watches from Switzerland in December 2018 decreased by 2.8%, but increased over the year by 6.3% to 21.2 billion francs. In November, there was an increase of 3.9%, according to the Federation of the Swiss watch industry. Over ...
Net profit of American Xerox increased 1.85 times in 2018 and amounted to $361 million, according to the company's financial statements. Earnings per share rose to 1.38 dollars from 0.7 dollars in 2017. Xerox reduced revenue for the earnings ...
Unemployment in Spain has fallen to a record low in the last 10 years, the Spanish Statistical Office (INE) reports. In the last quarter of 2018, the unemployment rate in the country dropped to 14.45% from 14.55% in the previous quarter. The ...
French consumers showed an increase in confidence in the country's economy in January 2019. The index increased from 86 points in December, the lowest since November 2014, to 91 points in December. It was expected that the index would grow ...
The revenue of the Dutch company, Royal Philips NV, has reached figures predicted by analysts. The company will increase its annual dividend by 6%, as well as will launch a new program to buy back shares worth 1.5 billion euros. In 2018, Philips ...
Investors expect the United States Fed to announce a slowdown in rate growth this week. Against the background of this news, gold prices are rising. The price of the February futures rose by $3.35 or 0.26% and exceeded $1,300 per ounce. March ...
The International Air Transport Association (IATA) predicts a two-fold increase in global passenger traffic to 8.2 billion people, China Daily reports. The volume of China's air traffic by 2037 will increase to 1.6 billion people. According ...
Tesco PlC, UK's largest retailer, plans to close fish, meat and cooking departments in 732 stores. The company will replace part of the sellers for vending machines and go to the frozen dough instead of that prepared on the spot. Changes will ...
British retailers believe that Brexit without a deal will lead to higher prices for products and their shortage in stores, BBC reports. The British retail consortium expressed these concerns in a letter signed by Sainsbury, Asda, Lidl supermarkets, ...
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