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Company news

23.01.2019 11:01:22

Mercedes will open new battery factory in Poland

Mercedes will build an enterprise for the production of electric batteries for cars in Poland, Prime Minister, Mateusz Moravetsky, said. The Prime Minister of Poland praised the company's decision to start producing batteries as very successful. ...

23.01.2019 11:01:22

PetroChina doubled its profit in 2018

The Chinese oil and gas company, PetroChina, doubled its net profit in 2108, Bloomberg reports. The largest oil producer in the country announced a net profit growth of 132% last year. The company's profit was 52.8 billion yuan, or 7.8 billion ...

23.01.2019 11:01:22

Tesla to start deliveries of low-cost Model 3 to European countries

Tesla has begun to take pre-orders for its Model 3 in European countries. In February, Tesla will start deliveries of the Model 3 electric cars in the Model 3 modification. After issuing a permit from the Traffic Control Directorate (RDW) in ...

23.01.2019 11:01:22

British company GSK will buy a manufacturer of cancer drugs for $5 billion

The British pharmaceutical company, GlaxoSmithKline (GSK), has completed the acquisition of the American company Tesaro, which manufactures onco drugs. The deal value exceeded $5 billion. The information was announced in December 2018. GlaxoSmithKline ...

22.01.2019 13:01:22

Toyota Motor Corp. and Panasonic Corp. will open a joint venture

Reuters: Toyota Motor Corp. and Panasonic Corp. will open a joint venture for the production of batteries for electric vehicles. The enterprise will be launched in 2020, and it should become a competitor of the Chinese Contemporary Amperex ...

22.01.2019 13:01:22

OECD calls for global ICO regulation

The Organization for Economic Co-operation and Development (OECD) has called for coordinated efforts to regulate the primary token supply (ICO). The holding of an ICO is associated with high risks, so countries should adopt uniform regulatory ...

22.01.2019 12:02:20

The number of defaults on corporate bonds in China in 2018 rose to a record level

The number of defaults on corporate bonds rose to a record high last year. Against the background of low economic growth, this may indicate new problems in the country's economy. According to Fitch, 45 Chinese companies reported a default on ...

22.01.2019 12:02:20

Oil rises in price against the reduction in the number of drilling rigs in the USA

Prices for a barrel of Brent and WTI oil rose moderately on the basis of trading on Monday, Baker Hughes reports. The price of Brent futures for March rose 0.43% to $62.97 a barrel. March WTI futures climbed 0.39% and exceeded $54 a barrel. ...

22.01.2019 12:02:19

Global foreign direct investment declined by 19% in 2018

Donald Trump's tax reform triggered a reduction in global foreign direct investment (FDI) by 19% last year. The volume of investments amounted to $1.2 trillion, the UN Conference on Trade and Development (UNCTAD) reports. FDI reflects the level ...

22.01.2019 12:02:19

Uber will start developing unmanned scooters and bicycles

Uber, the American taxi service and the app of the same name, will start developing unmanned bikes and scooters. Unmanned vehicles themselves will be able to drive up to the place of recharging, the head of 3D Robotics, Chris Anderson, said. ...

22.01.2019 10:04:51

Bundesbank: the German economy avoided a recession in 2018

Germany faced low growth at the end of 2018, but the country managed to avoid a recession, the Central Bank of Germany reports. The European Central Bank chose a tight monetary policy path, so the slowdown in the growth rates of leading EU ...

22.01.2019 10:04:51

57% of electric cars in 2019 will be sold in China

Bloomberg: in 2018, manufacturers will sell another 2.6 million electric vehicles. This will provide a 40% increase from last year, although in 2018 the electric vehicle market grew by 70%. Today in the world there are almost 5 million electric ...

22.01.2019 10:04:51

The expectations of British households about their financial situation have remained near the minimum over the last 5 years

The British households finance index, according to IHS Markit, rose to a maximum in three months at the beginning of the year. The inflation rate simultaneously dropped to its minimum level in two years, to 2.1%. In the absence of an agreement ...

22.01.2019 09:03:47

China historically increased oil imports in 2018

China increased imports of oil and gas last year, the country's National Bureau of Statistics reports. In 2018, China imported 10.1% more oil. The volume of oil purchases reached 460 million tons. In December, imports grew by 30% compared to ...

21.01.2019 12:01:21

Oil prices rose 3% on Friday

Prices for oil of leading brands rose by 3% on Friday evening against the background of production cuts by OPEC + countries. The cost of the March futures for the Brent oil rose by 2.47% to 62.69 dollars per barrel. During trading on Friday, ...

21.01.2019 12:01:21

Reuters: ECB will postpone rate hike until fourth quarter of 2019

According to a Reuters survey, the European Central Bank will postpone the increase in deposit rates until the fourth quarter of 2019. Earlier, the increase was planned for the third quarter of the year, but concerns about the German economy ...

21.01.2019 11:00:41

Netflix subscribers growth exceeded forecasts

Netflix announced the financial results of the IV quarter. Subscriber growth was 8.8 million subscribers, while analysts and Netflix had expected growth of 7.6 million. The company's revenue did not reach its own projected figures of $4.20 ...

21.01.2019 11:00:41

UAE and Saudi Arabia create joint cryptocurrency

UAE and Saudi Arabia have announced their intention to create a joint cryptocurrency in order to strengthen cooperation, the WAM news agency reports. The news was announced at a meeting of the Emirates-Saudi Coordination Council in Abu Dhabi. ...

21.01.2019 10:00:57

US consumer confidence index did not reach forecasts

Consumer confidence in the United States, according to the University of Michigan, fell to 90.7 points in January 2019. In December, the value of the index was 98.3 points; this month, experts expected a decrease to 96.8 points. US consumer ...

21.01.2019 10:00:57

Growth in US industrial production in December exceeded forecasts

In December 2018, industrial production in the United States grew by 0.3%, according to a report by the Federal Reserve System (FRS). Experts had expected growth of 0.2%. Industrial production indicators have improved in the process industry. ...

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