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Company news

22.11.2018 12:01:02

Production and export of liquefied natural gas by Argentina will begin in 2019

Argentine state oil and gas company YPF reported on an agreement reached with the Belgian Exmar, which will allow the Argentine corporation to place a liquefied natural gas installation for 10 years on the basis of the floating Exmar LNG plant. ...

22.11.2018 12:01:02

LNG imports by Polish PGNG increased by almost 50% in 9 months

Polish oil and gas company PGNIG reported that in the first 9 months of this year it increased its imports of liquefied natural gas by 47% compared with the same period last year. During this period, 1 billion 960 million cubic meters of gas ...

22.11.2018 12:01:02

Decline in US consumer confidence in November exceeded forecasts

In November, the US consumer confidence index was 97.5 points, down from 98.6 points in October, the University of Michigan reported. The fall of the index significantly exceeded forecasts of experts, who had expected its value at the level ...

20.11.2018 14:01:06

Rio Tinto expects a sharp decline in aluminum reserves in the next 2-3 years

Alf Barrios, chief executive Rio Tinto Aluminium, in an interview with Bloomberg, said that in the next 2-3 years, aluminum reserves would drop sharply, and advised the producers of this metal to create additional capacities outside of China. ...

20.11.2018 14:01:06

The UK is experiencing a sharp deterioration in the business climate

British consulting company IHS Markit reported a sharp deterioration in the business climate in the UK, because only 32% of British companies surveyed expect business growth in the next 12 months, which represents the lowest figure since 2009. ...

20.11.2018 14:01:06

Apple cuts orders for the production of new iPhones

Apple has recently encountered difficulties in predicting the required volume of production of components and smartphones against the background of unmet demand for new iPhones, The Wall Street Journal writes. According to sources, the company ...

20.11.2018 14:01:06

Renault shares fell 15% amid scandal with the head of Renault-Nissan-Mitsubishi

During trading on the French stock exchange Euronext Paris, shares of the French car manufacturer Renault were down 15%, and by 13:53 Moscow time, they traded at 56 euro 39 cents per share, having fallen 12.5%. The fall was caused by the scandal ...

20.11.2018 14:01:06

The price of Bitcoin dropped to a minimum of more than a year

According to the trading data on Monday, bitcoin on some exchanges lost more than 6%. Its value dropped to a minimum level in more than a year, reaching $5,300 per bitcoin. According to CoinMarketCap, during trading, there was an even greater ...

20.11.2018 14:01:06

China has sharply reduced retail prices for gasoline and diesel fuel for the second time in a row

In China, retail fuel prices for automobiles have been reduced for the second time. This time, the decline was the maximum in almost 4 years. Xinhua news agency announced a decision taken by the National for Development and Reform Commission ...

20.11.2018 14:01:05

California fire damage estimated at $ 9-13 billion

Analysts at RMS, a global risk modeling company, calculated that economic losses from the Camp and Woolsey fires in California would reach about 9 billion-13 billion dollars. Their assessment included damage to property and cars, as well as ...

20.11.2018 14:01:05

Chinese JD.com for 9 months increased its net profit 2.2 times

Chinese company JD.com, which sells on the Internet, following the results of 9 months to September, reported a net profit growth by 2.2 times compared with the same period a year earlier to 2 billion 76 million yuan. Net revenue was 327 billion ...

20.11.2018 14:01:05

The confidence of construction companies in the United States deteriorated in November at the highest rate since February 2014

The US Construction Companies Confidence Index in November showed a record fall rate since February 2014, having dropped by 8 points to the lowest since August 2016 level of 60 points, the National Association of Home Builders (NAHB) reported. ...

20.11.2018 13:00:52

Xiaomi recorded in the third quarter a net profit against a loss a year earlier

Xiaomi, a Chinese corporation specializing in the production of various types of electronics, received a net profit of 2 billion 480 million yuan in the third quarter against a loss of 11 billion yuan in the same period last year, amid rising ...

19.11.2018 12:01:14

Car sales in Europe dropped again in October

The European Automobile Manufacturers' Association reported that in October, sales of new cars in the European Union fell by 7.4% compared to the same month last year. The slowdown in the rate of decline compared with a fall of 23% in September ...

19.11.2018 11:01:22

Volkswagen to invest 44 billion euros in new technologies by the end of 2023

German car manufacturer Volkswagen announced plans to increase investment in the development of new technologies by 10 billion euros by the end of 2023. The total investment in this area will be 44 billion euros, or about a third of Volkswagen’s ...

19.11.2018 11:01:22

The growth of industrial production in the US did not reach forecasts in October

In October, US industrial production rose 0.1% after a 0.2% increase in the previous quarter, the Federal Reserve reported. The October growth did not justify analysts' forecasts, who had expected a 0.2% rise. The processing industry showed ...

19.11.2018 11:01:22

Julius Baer predicts a slowdown in global GDP growth from 3.8% in 2018 to 3.6% in 2019

Experts at Julius Baer expect that in 2018 global GDP will grow by 3.8%, and in 2019 economic growth will slow to 3.6%. A slowdown in GDP growth will also be observed in the United States - from 2.9% this year to 2.8% next year and in the eurozone ...

19.11.2018 11:01:22

Hong Kong's economy grew 2.9% in the third quarter

The economy of Hong Kong has grown by the end of the third quarter by 2.9% in annual terms. Compared with growth of 3.5% in the previous quarter, its growth slowed down, official data showed. Analysts had expected a less significant slowdown ...

19.11.2018 11:01:22

Inflation in Argentina was 45.9% in October

In the budget of Argentina for 2019, approved by the Senate last week, expenditure items were significantly reduced, according to the terms of the loan from the International Monetary Fund. According to Buenos Aires Time, in the budget, social ...

19.11.2018 11:01:22

BlackBerry intends to acquire American Cylance for 1 billion 400 million dollars

Canadian BlackBerry, which specializes in the production of mobile devices and mobile security, announced that it intends to acquire American company Cylance, working in the field of artificial intelligence and cyber security, for $1 billion ...

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