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Oman allowed Italian and local companies to explore and produce oil in the fields of the Omani province of Ad Dakhiliyah, Eni reports in a press release. Italian company Eni will receive 90% on the basis of the agreement, Oman Oman Oil - the ...
Asian developer CapitaLand will sign an agreement with Ascendas-Singbridge, Temasec’s subsidiary, on the purchase of two subsidiaries. The agreement will create the largest diversified real estate group in Asia. The value of company's assets ...
The $10 billion deal to buy the Canadian Goldcorp will culminate in the creation of the Newmont Goldcorp corporation. The completion of the deal is scheduled for Q2 2019. The listing of the combined company will be held in Toronto. Shareholders ...
In December, price growth in India slowed to 2.19% compared with 2.33% in November. The decline in inflation has been observed for three months in a row, thanks to which the indicator has dropped to the level of June 2017. According to experts, ...
Oil prices rose at a record pace at the end of last week. Brent went up by 7.3%, WTI - by 9%, which could be the most significant increase in oil prices since 2016. Optimism in the commodity market is caused by the growth of the global economy ...
British company Virgin Atlantic, together with Connect Airways investors, are buying the Flybe low-coster. Negotiations were conducted in 2018 and the parties managed to agree on the amount of 2.2 million pounds. Upon completion of the deal, ...
The largest brewery concern, AB InBev, will hold an initial public offering of Asian business, Bloomberg reports. The IPO will be presumably held located in Hong Kong. The company will launch negotiations with firms that will become advisors ...
German automotive group Volkswagen finished 2018 with a record sales figure. Deliveries grew by 0.9%, and the company sold 10.58 million vehicles, which will allow it to retain 1st place in sales in the world. Deliveries of Volkswagen cars ...
Consumer prices fell in the US by 0.1% in December compared to November, the ministry of labor reports. Inflation fell below 2% for the first time since August 2017, while half a year ago, the rate of price increase was 2.9%. Prices that do ...
British Foreign Minister, Jeremy Hunt, said that a country could refuse to leave the European Union if London and Brussels did not agree on the terms of the deal. The minister said this on BBC radio. Brexit voting is scheduled for January 15 ...
The slowdown in the growth of the Chinese economy forced the Chinese authorities to reduce the forecast for GDP growth for the current year. Trade disputes between China and the United States and the decline in domestic demand led to a reduction ...
In November, Spain reduced the production of industrial goods by 1.5% compared to October. In October, an increase by 1.1% was observed. According to INE, the decline in production in November was the most significant in 7 months, as output ...
Moody’s, international agency, reports: the proportion of defaults among companies with a speculative grade level fell in 2018 to 2.3%. At the end of the third quarter, the indicator was 2.8%. At the beginning of 2019, the downtrend will continue, ...
Industrial production in the UK fell in November 2018 by 0.4%, in the previous month, the figure fell by 0.5%, according to the British Office for National Statistics (ONS). By November last year, industrial output fell by 1.5%. Analysts had ...
In November, consumer prices in Canada rose by 1.7% year-on-year, official data showed. Compared to a price increase of 2.4% in October, November inflation slowed down, marking the lowest value since January of this year. Inflation, which does ...
In November, producer prices in Germany rose from the previous month by 3.3%, the fastest rates since April 2017, finversia.ru writes, referring to the data of the Federal Statistical Office. The inflation rate in November exceeded the forecasts ...
The increased demand for gas for heating homes in China against the backdrop of cold weather has led to an increase in the price of liquefied natural gas in the country over the past 2 weeks. The air temperature in Beijing from December 4 to ...
The Scottish government reported that in the third quarter, GDP, which did not take into account the oil and gas industry in the North Sea, increased by 0.3% compared to the second quarter, when the economic recovery was at 0.5%. Thus, Scotland’s ...
Consumer prices in the UK rose in November at the lowest rate since March 2017. As shown by the data from the Office for National Statistics, their growth compared with November of last year was 2.3%, confirming analysts' forecasts. In October, ...
The International Monetary Fund predicts that next year India will take the 5th place in the ranking of countries in terms of GDP, pushing the UK, which this year takes the position, Financial Times writes. According to IMF estimates, the UK ...
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