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For the first time in 2 years, inflation in Great Britain in December approached the target value of the Bank of England (2%). Prices for consumer goods rose by 2.1% in December against 2.3% in November, which corresponds to the lowest level ...
Bank of New York Mellon Financial Corp., one of the largest corporations in the United States, increased its profit in 2018 by 3.4% compared to last year. Profit amounted to 4.254 billion dollars. The bank increased net diluted earnings per ...
Prices for new housing in China rose by 0.77% in December, Bloomberg reports based on data from the National Bureau of Statistics of China. There has been no such growth in China since April 2018. The minimum growth rates over the past 8 months ...
The Chinese authorities will build 34 terminals of liquefied natural gas (LNG) by 2035, which will increase LNG imports four times over 20 years. The total capacity of the terminals will be 247 million tons. Shanghai Oil and Gas Exchange published ...
Marks & Spencer, the British chain, will close 17 department stores due to the growth in online sales. As a result of the restructuring, the chain has already closed 30 department stores and plans to close 100 outlets by 2022. Marks & ...
One of the largest US banking groups, Wells Fargo & Co, in the financial statements, indicated the increase in profit to $22.39 billion. Compared with last year, an increase of 0.9%. The report for the fourth quarter showed a decline in ...
The cost of housing in London fell by a record 26.2 billion pounds in 2018. According to analysts, this is the first drop since 2009. The entire fund is currently valued at 1.77 trillion pounds, four times exceeding the cost of homes in five ...
An analysis by Reuters showed that automakers would send $300 billion to develop electric vehicles in the next 10 years. German carmaker Volkswagen will spend $34 billion on initiatives related to electric cars and will buy batteries for $57 ...
SpaceX plans to increase the flexibility and adaptability of the company by reducing the staff by 10%. According to the data of 2017, there were about 7 thousand employees in the company, which means that at least 700 of them will lose their ...
German GDP growth slowed from 2.2% in 2016 and 2017 to 1.5% in 2018 and reached a minimum in 5 years, the Federal Statistical Office of the Federal Republic of Germany reports. These official sources correspond to market expectations. The slowdown ...
The growth of the Kazakhstan economy in 2018 was 4.1%, the press service of the Ministry of National Economy of the country reports. In amendments to the law on the budget of Kazakhstan for 2018-2020, GDP growth was planned at the level of ...
The net profit of one of the largest US airlines increased 3.4 times in the last quarter of 2018 and exceeded $1 billion against $299 million last year. Revenues for the quarter increased by 5%, adjusted revenue rose to $10.73 billion, an increase ...
Retail turnover in Finland declined slightly in November last year, although it shows high growth rates for two months in a row. Excluding car sales, retail sales grew by 3.6% compared to last year, while in October the increase was 3.9%. The ...
JPMorgan Chase & Co, the largest US bank, increased its net profit in Q4 2018 by 67%. A year earlier, the profit was $4.232 billion, at the end of last year it grew to $7.066 billion. The bank's revenue grew by 4.1%. Despite the strong ...
Analysts at Standard Chartered Bank predict that next year the United States will cease to be the largest economy, and in 2030 it will drop to the 3rd place. The leaders will be China and India. The forecasts were made on the basis of calculations ...
Direct Chinese investment in North America and Europe fell to a six-year low last year. Completed PRC investments in Europe and North America in 2017 amounted to $111 billion, compared with $30 billion in 2018. China's foreign direct investments ...
ACWA Power is expanding the production of solar panels in Saudi Arabia and becoming a leader in the development of the renewable energy industry in the country. The company is owned by a local government fund and plans to join the joint project ...
According to the expectations of UBS Global Wealth Management AG, the Fed will raise the base interest rate twice in 2019. The chief investment officer of the company associates measures to tighten monetary policy with the global downward trend ...
Car sales in China have declined for the first time since 1990, according to the China Association of Automobile Manufacturers (CAAM). The figures fell by 2.8% last year to 28.1 million vehicles. The supply of passenger cars fell by 4.1%. At ...
Global semiconductor sales grew by 9.8% in November 2018 compared to November 2017, the Semiconductor Industry Association (SIA) reports. Although the pace of growth slowed to the end of the year, sales in the industry continue to grow. Sales ...
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