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The net profit of Union Pacific Corp., the largest railway company in North America, fell 4.7 times in 2018 to $1.55 billion, or $2.12 per share. Last year, the company made a profit of $7.28 billion, or $9.25 per share. High performance in ...
The survey by IHS Markit showed business growth in January and an increase in production in services. Production grew at a maximum rate in 8 months. Business activity in January increased at a steady pace, but the growth rate fell to a minimum ...
Japanese Sony will move its headquarters from Britain to Holland due to the uncertainty about the country's withdrawal from the European Union. A company representative, Takashi Iida, noted that the company was moving from its European headquarters ...
Eurozone PMI index almost reached stagnation in early 2019. Companies faced minimal growth in production since 2013 and the first decline in demand for the first time in four years, IHS Markit reports. Business activity in 19 European countries ...
Previously lagging behind in the global industry, the US copper sector has attracted investments of $1.1 billion. Tesla and other electric vehicle manufacturers have invested in copper mining, Reuters reports. In 2020, four more copper projects ...
According to Idependent, more than 250 companies are negotiating with the Netherlands in order to move there after the British exit from the EU. Companies want to have access to the EU market after the Brexit agreement enters into force. Some ...
A German manufacturer of fiberboard (MDF) will build a fiberboard production plant near Vilnius. Homanit will invest 115 million euros in the construction of the plant within three years. Thanks to this, 440 jobs will appear in the country, ...
Net profit of the American leader of consumer goods, Procter & Gamble (P & G), grew by 18% following the results of the 2018-2019 fiscal years. The profit amounted to 6.427 billion dollars, according to the company's financial statement. ...
Retail sales in Canada fell by 0.9% in November after a slight increase in the previous month. Except for auto sales, retail sales declined by 0.6% in November, after declining by 0.2% in October. The fall in sales was noted in 75% of sectors ...
US companies in the high-tech sector are the leaders in the ranking of the most expensive brands in 2019, Brand Finance consulting agency reports. The list of leaders was topped by Amazon, the value of which rose by 24.6% to $187.9 billion. ...
Swiss reinsurance company, Swiss Re, predicts the growth of the market for personal insurance against cyberthreats. So far, such services are provided by a few companies, and the market size does not exceed $500 million. Swiss Re believes that ...
British RPC Group Inc., one of the largest manufacturers of plastic packaging in Europe, accepted the offer of the Apollo direct investment fund, the fund will buy RPC for $4.29 billion or 3.32 billion pounds sterling. RPC shareholders will ...
The index of manufacturing activity in January exceeded analysts' forecasts, according to the Richmond Fed Survey. The index value rose to -2 points from -8 points last month. Experts had predicted growth to -6 points. The growth in employment ...
Shanghai will become an international financial center by 2020, if the Chinese government’s expectations are met. Eight departments of the PRC published the “Action Plan for the Establishment of the Shanghai International Financial Center (2018-2020)”, ...
Unemployment in the UK was 4% in September-November 2018. The indicator calculated by the International Labor Organization (ILO) method has not changed much since June. This is the lowest value since 1975. Over the year, the unemployment rate ...
Gold prices rose on Tuesday. The slowdown in economic growth caused an increased demand for defensive assets. The IMF lowered its growth forecasts for China and the EU. The destabilization of the world economy can continue if the trade conflict ...
Sicilian city Sambuca sells dozens of houses for 1 euro, Homes & Properties reports. The Italian village suffers from depopulation, so the authorities considered junk prices the only way to restore the region. The houses can be purchased ...
The owners of smartphones, according to the results of 2018, spent an average of three hours every day on mobile phones. Almost half of all downloaded apps accounted for Chinese Internet users. The Chinese smartphone market slowed down last ...
ZEW economic sentiment index improved at the beginning of the year, despite analysts' expectations. Investor confidence in the German economy rose to -15 points in the first month of the year from -17.5 points in December 2018. In September, ...
Sales of secondary housing in the United States fell to a minimum in three years in December. At the same time, growth in real estate prices slowed down. The United States Association of Realtors reports: sales of homes in the secondary market ...
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