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Company news

10.12.2018 10:02:36

Consumer prices in Brazil fell in November at the highest rate in 1.5 years

Consumer prices in Brazil fell in November at the fastest pace in a year and a half. According to IBGE, the fall was 0.21%, while experts had predicted a decrease in prices by only 0.09%. Annual inflation also showed a slowdown, reaching 4.05% ...

10.12.2018 10:02:36

Estimates of eurozone GDP growth confirmed at 0.2%

The Statistical Office of the EU published the final data on the growth of the eurozone economy in the third quarter, confirming a preliminary estimate of a quarterly increase by 0.2%, which reflects the lowest rate since the second quarter ...

10.12.2018 10:02:36

The EU plans to attract more than 20 billion euros for the development of artificial intelligence

To implement the plan to promote the development and use of artificial intelligence, the European Union intends to attract more than 20 billion euros of investment by the end of 2020. This was stated by the Vice President for the Digital Single ...

10.12.2018 10:02:36

China's foreign exchange reserves rose in November for the first time since July

The People’s Bank of China reported an increase in foreign exchange reserves by $9 billion to $3 trillion 62 billion in November, which is noted for the first time since the monthly decline in July. For experts who had expected a reduction ...

06.12.2018 12:01:05

Unipec will resume oil imports from the United States during the truce in the trade war

The truce in the trade war between the United States and China enables Chinese Unipec, the Sinopec trade division, to resume supplies of American oil until the completion of the 90-day negotiation period on March 1. This was reported to Reuters ...

06.12.2018 12:01:05

Bayer predicts sales to grow by 4% in 2019

According to estimates of German concern Bayer, its sales for the current year will amount to 44 billion 600 million euros. And next year, the company expects growth of 4% to 46 billion euros. The company plans that in subsequent years until ...

06.12.2018 12:01:04

Solar power will occupy 70% of the global energy market by 2050

The European technology and innovation platform for photovoltaic cells, having conducted research at the Lappeenranta University of Technology, concluded that by 2050 solar power stations and roof panels could make up 69% of the energy market. ...

06.12.2018 12:01:04

UK Services Sector Business PMI declined in November

The business activity index in the UK services sector fell in November to a minimum since July 2016 50.4 points compared to 52.2 points in October, IHS Markit reported. British companies that participated in the IHS Markit survey noted that ...

06.12.2018 12:01:04

Central Bank of Canada left the key rate at 1.75% per annum

Following the results of the meeting on Wednesday, the Central Bank of Canada retained the key rate unchanged at the level of 1.75% per annum. The previous rate change was in October of this year, when the Central Bank raised it from 1.5% to ...

06.12.2018 11:00:48

The price of palladium exceeded gold quotes for the first time in 16 years

The price of palladium during trading in the spot market on Wednesday reached a record level of 1 thousand 236 dollars 48 cents per troy ounce for the first time in 16 years having exceeded the quotes of gold at 1,235 dollars 37 cents per ounce. ...

06.12.2018 11:00:48

Fitch raised Brent oil price forecasts for 2020 and 2021

Experts at Fitch Ratings, the international rating agency, expect that OPEC member countries and their partners will be able to keep Brent’s oil prices above $60 per barrel. This was reported on finversia.ru. Nevertheless, constantly increasing ...

06.12.2018 11:00:48

China intends to strengthen economic ties with Portugal

The president of the PRC, Xi Jinping, at a press conference on the results of his visit to Portugal, expressed his desire to further develop economic ties with Portugal, Bloomberg reports. Noting that Portugal is an important European country, ...

06.12.2018 11:00:48

High electricity prices hurt UK steel industry

The price of electricity in the UK has risen sharply recently. According to Reuters, the energy-intensive sectors of the British economy feel the difference in electricity prices in the UK and EU countries, which is increasing for the third ...

06.12.2018 11:00:48

The growth rate of business activity in the eurozone slowed down in November to a minimum since September 2016

According to IHS Markit, the composite index of the eurozone business activity in November was 52.7 points, down from October's value of 53.1 points. Growth rates in November were minimal since September 2016. The business activity index in ...

05.12.2018 12:01:09

Xiaomi has become the leader in the global market of portable devices, overtaking Apple

Sales of “smart” watches and bracelets by the Chinese company, Xiaomi, grew in the third quarter by 90.9% in annual terms and reached 6 million 900 thousand devices. According to International Data Corporation, thanks to such a significant ...

05.12.2018 12:01:09

South Africa's GDP grew in the third quarter after a decline in the previous two quarters

The South African economy in the third quarter came out of recession, showing a growth of 2.2% compared to the second quarter. This is indicated by official data. In the previous two quarters, GDP fell in the country. Compared to the third ...

05.12.2018 12:01:09

Britain may cancel the decision to leave the EU unilaterally

The appeal of representatives of the Scottish Parliament regarding the UK’s right to unilaterally stop the process of withdrawing from the European Union, which was firstly sent to the Scottish Court, is now being considered by the European ...

05.12.2018 12:01:09

Consumer spending in the UK slowed growth in November

Consumer spending in the UK rose 0.5% in November compared with the same month last year, the British Retail Consortium reported. The annual growth rate slowed compared with a 1.3% rise in October and was the slowest in more than a year. The ...

05.12.2018 12:01:09

Morgan Stanley expects that Ford restructuring will lead to more layoffs than in General Motors

Analysts at Morgan Stanley believe that the implementation of the planned restructuring of Ford Motor will lead to a significantly larger number of laid-off employees than in General Motors, MarketWatch writes. Ford intends to make its staff ...

05.12.2018 11:00:41

Oil prices rose by almost 4% due to truce in the trade war between the US and China

The announcement of a 90-day armistice agreement between the US and China in a trade war between the two countries pushed oil prices up. The negotiations scheduled for this period are expected to help settle trade disputes. On Monday, at 5:39 ...

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