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Saudi Aramco, the state-owned oil company of Saudi Arabia, plans to invest about $150 billion in the next 10 years to increase gas production in order to export it further. This was stated by its CEO, Amin Nasser, Reuters writes. It is planned ...
The Hong Kong housing market has seen the most significant decline since 2016, Bloomberg reports. In November, the number of new home sales is approaching the lowest since January or February of this year. The fall in housing prices has been ...
The UK retail sales index in November reached 19 points, significantly exceeding the October value of 5 points, the Confederation of British Industrialists reported on the basis of a survey of 104 companies. Experts had predicted less significant ...
Shares of companies that enjoyed the highest demand during the IPO on the stock exchange in Hong Kong, showed the most significant decline, Bloomberg reports. Thus, the demand for Ping An Healthcare & Technology shares in May was 650 times ...
In Germany, the entrepreneur confidence index in November was 102 points, having decreased from October's value of 102.8 points, ifo reported. Economists had expected a less significant decline - to 102.3 points. The attitude of German companies ...
Analytical company Coalition conducted a study of the financial results of 12 of the world's largest investment banks in the third quarter. The results showed that the cumulative revenue of these financial institutions fell in annual terms ...
Israel said it had reached an agreement in principle from Greece, Cyprus and Italy on the construction of a gas pipeline 2,100 kilometers long and worth about 6 billion euros, which would connect Israel with Europe for the supply of gas to ...
German energy company Wintershall reported that the government of the United Arab Emirates had given it an approval for the development of the Gash gas field for 40 years. The gas field is located near the coast of the Persian Gulf. Thus, the ...
In the first nine months of 2018, the petrochemical companies of China received a total profit of 712 billion 100 million yuan, which is 45.2% more than in the same period of 2017. Such data are cited by the Ministry of Industry and Information ...
Suresh Prabhu, the Minister of Commerce and Industry of India, in an interview with Bloomberg said that the Indian government planned to take advantage of the decline in the attractiveness of Chinese supplies due to the trade war between the ...
French oil and gas company Total has withdrawn from the Iranian project to develop the South Pars gas field in the Persian Gulf in connection with the restoration of US sanctions against Iran. In this project, it has been officially replaced ...
The index of the Federal Reserve Bank of Dallas, which determines the level of business activity of producers in the US state of Texas, amounted to 17.6 points in November, having decreased from the October value of 29.4 points. Such a sharp ...
Experts from the National Institute for Economic and Social Research compared the likely volume of UK GDP in two scenarios: in the event of the implementation of the Brexit deal proposed by the government, and if the country remained in the ...
Despite the escalation of the trade war with the United States, the Chinese leadership will promote new reforms and open its economy. However, China will do this at its own pace. At the end of last week, the State Council of China issued a ...
According to official data, economic growth in the eurozone in November showed the slowest pace in almost 4 years, which lowers hopes for the recovery of growth in the fourth quarter, Bloomberg reports. IHS Markit pointed out that the composite ...
At the end of last week, the slowdown in business activity in the eurozone as a whole and in Germany’s private sector in particular raised concerns about a slowdown in economic growth in this region, finversia.ru writes. These factors, along ...
Paul Donovan, chief economist at UBS Wealth Management, in a client note said that American companies had developed a tactic for moving individual chains of their production of goods from China to other countries in order to avoid paying import ...
Research company Counterpoint Technology Market Research reported that smartphone output declined in the third quarter, while push-button phones, which had a smaller set of functions, on the contrary, grew. Smartphones were released 5% less ...
Oil prices have been falling for 7 weeks in a row. Previously, such a long period of decline was noted in 2015. Over the past week, Brent fell by 12%, WTI - by 9.6%. Bloomberg reported that the options for sale exceeded the options for purchase ...
Mexico's GDP in the third quarter increased by 0.8% compared with the second quarter, when it was noted a decrease of 0.1%, national institute of statistics of Mexico reported, noting in the third quarter the most significant growth since the ...
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