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The largest manufacturer of electric vehicles, Tesla Inc., will reduce the staff by 7%, company CEO Elon Musk reported in the corporate blog. Tesla abandons a number of employees around the world, leaving only some of the most important contractors ...
The volume of retail sales in the UK fell by 0.9% in December compared to the previous month, the Office for National Statistics (ONS) of the country reports. Over the year, sales increased by 3%. Analysts had expected a monthly decline of ...
Sales of Renault Group vehicles grew by 3.5% last year to 3.88 million units. The integration of the Jinbei and Huasong brands was one of the reasons for the growth in 2018. Sales of the Renault brand declined in 2018 by 5.2% to 2.533 million ...
The net profit of the American oil and gas company, Schlumberger, was $2.138 billion compared to a loss of $1.555 billion in 2017. Revenue increased by 8% to $32.815 billion. Net diluted earnings per share were $1.53 against a loss of $1.08 ...
At the end of 2018, revenue growth of chip makers was 13.4% and reached $476.69 billion, according to research company Gartner. The top 25 semiconductor manufacturers increased revenue by 16.3%, which is higher than other companies. The revenue ...
Red Hat announced that shareholders had voted to sell the company to IBM, the IT giant, for $34 billion. The sale of the company was approved by the holders of 141 million shares of Red Hat, owners of more than 181 thousand shares voted against. ...
The Japanese company notes that the project was frozen due to a lack of investment and economic inexpediency. Simultaneously with the stop of construction, the assets in the amount of 300 billion yen will be debited from Horizon Nuclear Power ...
The average forecast of 85 economists showed that China’s economy would slow down to 6.3% this year, which will be the lowest value in 29 years. Last year, the economy grew by 6.6%, and in 2017 - by 6.9%. Negotiations on the settlement of trade ...
The price of an ounce of palladium for the first time rose above $1,400 on Thursday. According to Bloomberg, despite the fall in demand for the metal, since mid-August, the value has increased by more than 65%. During trading, the value of ...
The average rental price in London rose to a record £2,034, according to Independent. The price increase was 2.1%, which corresponds to the maximum rate since 2014. In 2019, experts predict a further increase of 4%. The average rental price ...
Brazilian state-owned oil and gas company Petrobas will resume the sale of assets after the approval of the Brazilian Supreme Court, according to a press release. The executive board will open the sale of a 90% stake in Transportadora Associada ...
Societe Generale, one of the largest banks in France, warned of a decline in global banking revenue in the fourth quarter of 2018. In a press release, the company reports that the decrease in revenue in the last quarter of the year was 20% ...
Oil prices of traditional brands continued to decline. The price cuts spurred the fall in stock markets in Europe and Asia and the trade disputes between the US and China. Investors are also wary of further declining demand for oil if the growth ...
Fitch Ratings expects a slowdown in home prices in Europe due to limited availability and lower economic growth. The agency assesses the dynamics of the housing and mortgage lending markets as stable or stable positive. Forecasts for Sweden ...
According to Reuters, in the third quarter of 2018, global debt increased by 3.9% and increased by 0.7% compared to the previous quarter. Debt reached a record high in the first quarter of 2018, with a value of 247.7 trillion dollars. In the ...
Prices for imported goods in the United States fall for the second month in a row against the backdrop of a stronger dollar, Reuters reports. In December, prices for imported products fell by 1%. At the end of 2018, the indicators also showed ...
In 2018, the value of residential real estate grew by only 1.2%. This is the lowest growth rate since 2012, the real estate market broker, Redfin Corp, reported. The price of the property averaged $289.8 thousand in December. The reason for ...
Prices for consumer goods in Italy rose by 1.1% in December 2018 compared to 2017, after rising 1.6% in November. In December, prices exceeded November prices by 0.1%. Preliminary data coincided with current figures. Low inflation rates are ...
One of the largest US banks, Goldman Sachs Group Inc., increased its profit in 2018 2.4 times. Net income during the earnings period exceeded $10 billion. Profit from shareholders increased 2.7 times last year to $9.86 billion. Net diluted ...
The volume of oil production in the United States is growing at a rate exceeding the increase in global demand. The US Department of Energy indicates in the forecast further growth in production volumes, due to which OPEC will lose market share. ...
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