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Company news

23.10.2018 09:00:40

Toy maker Hasbro almost halved net profit in 9 months

The second largest toy manufacturer in the world, Hasbro, reported that its net profit for the first 9 months of the year decreased 1.9 times compared to the same period in 2017 and amounted to 211,668,000 dollars, which was caused by the elimination ...

23.10.2018 09:00:40

The OECD forecasts an almost 2-fold increase in global consumption of commodities by 2060

Consumption of commodities in the world by 2060 will increase almost 2 times to 167 gigatonnes, according to the calculations of the Organization for Economic Cooperation and Development contained in the “Looking to 2060: Long-term global growth ...

23.10.2018 09:00:40

US Federal Trade Commission approves Linde and Praxair merger

The merger of German chemical company Linde and American chemical company Praxair was approved by the US Federal Trade Commission. Thus, companies that received approval from the European Union in August overcame the last major obstacle. Completion ...

22.10.2018 09:20:57

Oil prices during evening trading on Friday continued their growth

During the evening trading on Friday, there was a steady increase in oil prices. The price of WTI crude oil for the week decreased due to expectations of growth in supply in the world market amid increasing US reserves and production. Investors, ...

22.10.2018 09:20:57

Volkswagen has begun construction of a plant for the production of electric vehicles in Shanghai

German automaker Volkswagen reported that, together with its Chinese partner, SAIC Motor, it began construction of a plant in Shanghai that will manufacture electric cars. For the first time the production of cars by this enterprise will be ...

22.10.2018 09:03:50

The demand for gold in India during the festivals fell by 40% in annual terms

Purchases of gold during the period of weddings and festivals in India, the second largest precious metal market in the world, remained below the values typical of this period. According to the All India Germs & Domestic Counsel industry ...

22.10.2018 09:00:54

Sales of homes in the secondary housing market in the US fell by 3.4% in September

In September, in the US secondary housing market, there was a decrease in sales for the sixth consecutive month. As reported by the National Association of Realtors (NAR), the September figure compared to the previous month fell by 3.4% to ...

22.10.2018 09:00:54

Canadian inflation slowed to 2.2% in August

In September, consumer prices in Canada rose by 2.2% relative to the same month a year earlier, Dominion Bureau of Statistics reported. In the previous month, consumer price growth was at the level of 2.8%. Compared with August, the decline ...

22.10.2018 09:00:54

Schlumberger increased its net profit by 18% in the third quarter

Oilfield service company Schlumberger reported a third-quarter net profit growth of 18% year-on-year to $644 million. Earnings per share amounted to 46 cents, while experts had expected it to be 43 cents. Revenues amounted to 8 billion 504 ...

22.10.2018 09:00:54

Quarterly revenue of Remy Cointreau rose 9.1%

Remy Cointreau, France's second largest alcohol producer, reported an acceleration in organic revenue growth in the second fiscal quarter to 9.1% from 5.9% in the previous quarter. Experts had expected less significant acceleration – up to ...

22.10.2018 09:00:54

China and the UK have reached a consensus in accelerating interaction in the stock market

During the Europe-Asia Forum held in Brussels, PRC State Council Premier Li Keqiang and British Prime Minister Theresa May discussed bilateral relations and reached a consensus on accelerating the creation of a cross-bidding mechanism between ...

22.10.2018 09:00:54

Consumer Confidence Index in the Netherlands declines for the third month in a row

The consumer confidence index of the Netherlands dropped to 15 points in October from 19 points a month earlier, data from the Statistics Netherlands showed. According to finversia.ru, the index has been falling for three months in a row amid ...

22.10.2018 08:03:51

Daimler worsened profit forecast for 2018

German automaker Daimler reported a decrease in profit forecast in 2018 after it had announced a possible decrease in sales this year due to the expected introduction of additional duties by China on cars produced by American automakers. In ...

19.10.2018 10:00:52

The Association of the German Chambers of Commerce and Industry lowered the forecast for the growth of the German economy to 1.8%

The forecast of the Association of Chambers of Commerce and Industry of Germany for the growth of the German economy in 2018 has been lowered to 1.8% from the previously expected 2.2% against the background of the strongest decline in German ...

19.10.2018 10:00:52

Global real estate investment has reached record levels

According to the consulting company Cushman & Wakefield, global real estate investment reached a record 1 trillion 800 billion dollars. Over the 12 months to July of this year, Asian investors' investments in commercial real estate increased ...

19.10.2018 10:00:52

UK retail sales decreased by 0.8%

In September, UK retail sales fell 0.8% from August, when they grew 0.4%, the ONS said. Analysts had predicted a less significant reduction - by 0.4%. The decrease is due to the maximum for 3 years fall in food costs. Their sales fell 1.5%. ...

19.10.2018 10:00:52

Hungarian Central Bank purchased gold for the first time since 1986

Over the past two weeks, the Central Bank of Hungary has acquired 28 tons 400 kilograms of gold in the amount of $1 billion 250 million. For a long time since 1986, the Hungarian regulator did not make purchases of this precious metal. Thanks ...

19.10.2018 10:00:52

Luxury brand manufacturers fear lower demand from Chinese buyers

Manufacturers of luxury brands fear that demand for Western goods from Chinese buyers will decline, Bloomberg writes. Purchases made by Chinese buyers coming to Europe accounted for about one third of all purchases of luxury goods. Shares of ...

19.10.2018 10:00:52

Net income of Blackstone rose 17% in the third quarter

The world's largest management company in the field of alternative investments, the Blackstone Group, following the results of the third quarter, reported an increase in net profit by 17% in annual terms to $442,700. This was facilitated by ...

19.10.2018 09:00:38

HSBC plans list its shares in Shanghai

HSBC Holdings, one of the largest banks in the world and a leader in terms of capitalization and asset volume in Europe, intends to list its shares in Shanghai, this listing will be the first for a foreign company in mainland China, the Financial ...

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