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During trading on Tuesday, there was a decline in oil prices, as volatility persisted in global stock markets and fears of reducing global demand for fuel rose against the backdrop of the trade war between the United States and China. The American ...
The US consumer confidence index rose to 137.9 points in October from 135.3 points in September, the Conference Board data showed. The October index value was the highest in the last 18 years. Experts had expected growth rate to 136.4 points. ...
Fiat Chrysler Automobile, producing cars, following the results of the third quarter, has reported that its net profit decreased to 564 million euros from 910 million euros a year earlier, which is explained by a write-off of 700 million euros ...
Belgian investment company NXMH, which already owns the South Korean stock exchange Korbit, has acquired cryptocurrency exchange Bitstamp, registered in Luxembourg, Reuters writes. According to Neich Kodrich, the CEO of Bitstamp, the cost of ...
The economy of China may slow against the background of the strengthening of the trade war with the United States. To support economic growth and demand for cars, the Chinese government department proposed halving the tax on car purchases, ...
A number of countries in Latin America and Asia, including Mexico, Chile, South Korea and India, are exploring the possibility of imposing additional taxes on the activities of IT giants like Google and Facebook. In addition to the existing ...
Fears about a possible decrease in demand for oil led to a drop in oil prices during trading on Monday. The projected global demand for oil is adversely affected by the slowdown in the growth of profits of industrial enterprises in China for ...
According to a survey conducted by the National Association of Business Economics, 56% of US companies that took part in it reported an increase in employee pay, and no one plans to lower wages in the fourth quarter. The share of companies ...
Against the backdrop of a trade war between the United States and China, which has an impact on the profits of American corporations, more than 70% of US companies operating in the south of China are planning to reduce investment, as well as ...
Gold buyers in India, in spite of the approaching season of festivals and weddings, have postponed the purchase of the precious metal due to the internal price increase. High prices have reduced the demand for gold, despite the discounts offered ...
During the period from January to September, large industrial enterprises of China increased their profit by 14.7% compared with the figure a year earlier, after its growth by 16.2% in the first 8 months. Thus, data from the National Bureau ...
Energy companies in Australia are seeking to increase the supply of liquefied natural gas to China against the background of tense trade relations between the United States and China, economists say. Thus, Australian Woodside and Chinese ENN ...
The US Department of Commerce reported that citizens' income growth in September slowed to 0.2% from their rise by 0.4% in August. Experts had expected the maintenance of the August growth rate of 0.4%. According to the ministry, household ...
The US Commerce Department reported that the US economy grew 3.5% year-on-year in annual terms after rising 4.2% a quarter earlier. Thus, economic growth in the country has slowed. Experts had expected an even more significant slowdown – up ...
Compagnie Financiere Richemont, the world's largest jewelry maker, and Alibaba Group Holding, an e-commerce company in China, decided to create a joint venture to boost sales of luxury goods produced by Internet retailer Yoox Net-a-Porter owned ...
Royal Bank of Scotland, following the results of the third quarter, reported on the growth of net profit by 14.3% in annual terms to 448 million pounds sterling. The indicator did not reach experts' forecasts of 507 million pounds. The bank ...
In Singapore, for the first time in 10 months, a decline in industrial production was recorded in September, finversia.ru writes, citing official data. In the manufacturing industry, the volume of production declined by 0.2% over the year compared ...
The deputy head of the Bank of England, Sam Woods, addressed bankers in the City of London with an appeal to create additional reserves to counter the risks associated with the British exit from the European Union. He recalled that the lack ...
The import duties on aluminum imported by the USA have not yet significantly affected the producers of this metal in Europe, The Wall Street Journal writes. For a long time, aluminum consumed in the United States accounted for the bulk of imports. ...
French oil and gas company Total reported an increase in net profit in the third quarter by 45% compared to the same quarter of last year to 3 billion 957 million dollars, which was promoted by the increase in oil prices. Adjusted profit was ...
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