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Company news

26.11.2018 12:00:48

Retail sales in Canada increased by 0.2% in September

Statistics Canada reported retail sales growth of 0.2% in September compared with August, when there was a zero change in the index, to 50 billion 932 million Canadian dollars. According to economists forecast, in September the change also ...

26.11.2018 12:00:48

Chinese authorities have approved a $23 billion UTC and Rockwell Collins deal

The deal of American corporation United Technologies and American electronics manufacturer for aviation Rockwell Collins has finally received the approval from the Chinese authorities. According to Bloomberg, companies have been waiting for ...

26.11.2018 12:00:48

Bank of England can raise interest rates faster in the case of a smooth Brexit

Member of the Bank of England's monetary policy committee, Michael Saunders, believes that if a smooth Brexit process occurs, the British regulator will have to raise interest rates in the coming years faster than investors' expectations, Dow ...

23.11.2018 11:00:43

Labor shortage threatens the construction in Australia

Infrastructure construction projects in Australia totaling about $55 billion were threatened by labor shortages in the country, Bloomberg writes. All Australian construction companies are faced with the problem of a shortage of about 20-30% ...

23.11.2018 11:00:43

French manufacturing confidence index rose in November

The confidence index in the manufacturing industry in France amounted to 105 points in November, up from 104 points in the previous month, statistical office Insee reported. In the previous two months, there was a decrease in the indicator, ...

23.11.2018 11:00:43

Growth of consumer confidence was recorded for the first time in 4 months in Turkey

The consumer confidence index in Turkey in November for the first time in 4 months showed an increase. According to the Turkish Statistical Institute, its value increased to 59.6 points compared to the lowest since December 2008 level of 57.3 ...

23.11.2018 10:01:00

JPMorgan lowered Brent price forecast for 2019

Scott Darling, head of the Asia-Pacific oil and gas research department at JPMorgan Chase, told CNBC that the American bank had changed its forecast for the price of Brent crude for 2019, lowering it from $83.5 to $73 per barrel. For 2020, ...

23.11.2018 10:01:00

Total buys a number of assets of a Brazilian company in the retail fuel sector

French oil and gas company Total announced the purchase of some assets of the Brazilian group Zema in the retail fuel sector. According to the agreement, the deal, the amount of which is not disclosed, includes the purchase of Zema Petroleo, ...

23.11.2018 10:01:00

Nickel fell below the mark of 11 thousand dollars per ton for the first time in a year

On the London Metal Exchange on Thursday, the first for the year nickel cost reduction below 11 thousand dollars per ton was recorded, finversia.ru writes. The price of metal decreased by 0.3% and amounted to 10 thousand 985 dollars per ton. ...

23.11.2018 10:01:00

Morgan Stanley expects the Fed to take a more cautious approach to raising interest rates

Experts at Morgan Stanley expect the Federal Reserve to be more cautious about the further tempo of interest rate increase amid worsening trade conflicts and the volatility of financial markets. They believe that the rhetoric of the Fed will ...

23.11.2018 10:01:00

May expressed confidence that the Brexit deal would be agreed at the EU summit on Sunday

British Prime Minister Theresa May, speaking on Downing Street, expressed her confidence that the Brexit deal would be agreed at a summit with the European Union on Sunday. She noted that this deal would also “fulfill its goals” for Gibraltar. ...

23.11.2018 10:01:00

German Varta is preparing to produce batteries for electric cars

Varta, the German company specializing in the production of batteries for large storage systems of solar energy, intends to switch to mass production of lithium-ion batteries for electric vehicles. In order to compete successfully in this sector ...

23.11.2018 10:01:00

Yield of Remy Cointreau exceeds forecasts

Following the results of the first half of 2018, the operating profit of the French alcohol producer, Remy Cointreau, grew by 10% and reached 138 million euros, which was higher than the experts' forecast of 132 million euros. Sales and cost ...

22.11.2018 13:00:42

Sales in the secondary housing market in the United States showed growth in October for the first time in six months

The US National Association of Realtors reported that in October, growth was recorded in the country's secondary housing market for the first time in six months. Regarding September, when there was a drop of 5.1% in annual terms, the figure ...

22.11.2018 12:01:02

Best Buy reported 4.3% growth in quarterly sales

The American owner of a large network of consumer electronics stores and related products, Best Buy, following the results of the third quarter, which ended November 3, reported a 4.3% annualized growth in sales in stores in the US having operated ...

22.11.2018 12:01:02

The growth of the UK budget deficit in October significantly exceeded forecasts

The UK budget deficit in October reached a maximum of 3 billion pounds over 3 years for this month. Such data was published by the Office for National Statistics. In the previous month, the figure was at 2 billion pounds. Experts had predicted ...

22.11.2018 12:01:02

OECD lowers global economic growth forecast for 2019

The Organization for Economic Cooperation and Development reported a deterioration in the forecast for global GDP growth for 2019 from 3.7% to 3.5%. The main risks for global growth are trade disputes and monetary policy tightening by leading ...

22.11.2018 12:01:02

Sales of US retailer Gap fell in the third quarter by 7%

In the third quarter, comparable sales of US retailer Gap in stores operating for at least a year decreased by 7%. Experts had predicted a less significant drop - by 4%. The growth in sales of the Old Navy brand by 4% also did not reach the ...

22.11.2018 12:01:02

Housing sales in small Chinese cities are declining

In the Chinese real estate market there is a significant decrease in the activity of transactions in small cities in China, referring to the third and fourth levels, Asia Times writes. Researches of the Shanghai Real Estate Research Institute ...

22.11.2018 12:01:02

Copper has been falling in price for two days in a row

The fall in copper prices on Wednesday was marked for the second day in a row amid escalating trade disputes between the US and China before an important meeting between representatives of the two countries that should take place next week. ...

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