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Company news

19.10.2018 09:00:38

BNY Mellon increased net profit by 15.4% in 9 months

American Corporation Bank of New York Mellon Financial from the beginning of the year to September increased its net profit by 15.4% in annual terms to 3 billion 384 million dollars, finversia.ru wrote, citing company reporting. Revenue for ...

19.10.2018 09:00:38

Pharmaceutical company Novartis buys Endocyte for 2 billion 100 million dollars

Pharmaceutical company Novartis, operating in 155 countries around the world, announced plans to merge with American Endocyte, the developer of targeted therapies for cancer treatment, finversia.ru writes. Novartis, according to the agreement, ...

19.10.2018 09:00:38

Metal Focus expects gold prices to rise by 2% in 2019

Analytical agency Metal Focus predicts that next year the price of gold will rise by 2% and will amount to 1,310 dollars per troy ounce due to the fact that the short positions opened in 2018 will be massively closed in 2019. According to agency ...

18.10.2018 09:03:03

The EU is ready to extend the Brexit transition period for a year

The European Union is ready to prolong the transition period after the UK’s withdrawal from the EU at the end of October next year, since additional time is needed to conclude a trade agreement between the parties. Western media, citing diplomats ...

18.10.2018 09:03:03

Consumer prices in the UK rose by 2.4% in September

Consumer inflation in the UK slowed to 2.4% in September from 2.7% in August, ONS reported. Economists had expected inflation at 2.6%. Compared to the previous month, consumer prices increased by 0.1% after rising 0.7% in August. The forecast ...

18.10.2018 09:03:03

September inflation in the eurozone was 2.1%

In September 2018, consumer prices in the euro area rose by 2.1% compared with September last year, confirming experts' forecasts. According to Eurostat final data, inflation accelerated in September after the rise in prices by 2% a month earlier. ...

18.10.2018 09:03:03

Roche sales increased by 7% in the third quarter

The Swiss pharmaceutical company Roche reported that in the third quarter, it managed to increase sales by 7% to 13 billion 970 million Swiss francs due to an increase in revenue from the sale of new drugs, finversia.ru wrote. The indicator ...

18.10.2018 09:03:03

Danone reported a sharp slowdown in sales growth in the third quarter

The growth rate of sales of the French food company Danone in the third quarter declined sharply amid a decline in the volume of children's formula sold in China and dairy products in Morocco. Nevertheless, the company left the annual forecast ...

18.10.2018 09:03:03

The head of the Federal Reserve Bank of San Francisco spoke in favor of a slow and gradual increase in interest rates

The head of the Federal Reserve Bank of San Francisco, Mary Daly, who recently took the post of the head of the Federal Reserve Bank, in her first public speech stated the need for a slow and gradual increase in interest rates by the Federal ...

18.10.2018 09:03:03

Saudi Aramco export capacity increased by resuming Yanbu terminal

Restoring the operation of the Yanbu South Terminal in Saudi Arabia, represented by a tank farm for receiving, storing and loading Arab light and super-light oil, strengthens the role of Saudi Aramco as a reliable supplier of energy resources ...

18.10.2018 09:03:03

Bank of America has reduced staff by 30% since 2010

Bank of America CEO Brian Moynihan said in an interview with CNBC that since 2010, when he was appointed head of the bank, Bank of America has reduced its staff by 30%, and at the end of the third quarter of 2018, it accounts for 204,000 employees. ...

18.10.2018 09:03:03

Intel and Rolls-Royce concluded an agreement on the development of autonomous ships

English automaker Rolls-Royce and American manufacturer of electronic devices and computer components Intel have entered into a partnership agreement on the development of autonomous vehicles. The Rolls-Royce website says that the British company, ...

18.10.2018 08:00:43

Residential real estate in the UK went up in August by 3.2% in annual terms

In August 2018, residential real estate in the UK went up by 3.2% compared to August last year, which was the smallest growth since 2013, ONS reported. Housing prices in London, where they have stagnated for 6 months, declined by 0.2% in August. ...

17.10.2018 10:00:53

The net profit of UnitedHealth rose 28.3% in the third quarter

The largest US health insurance company UnitedHealth Group in the third quarter recorded a net profit of $3 billion 188 million, which is 28.3% higher than a year earlier. Adjusted earnings were 3 dollars 24 cents per share, an increase of ...

17.10.2018 10:00:53

Consumer prices in Italy rose by 1.4% in September

Annual inflation in Italy in September, calculated according to national standards, was 1.4%. Compared with the August figure of 1.6%, inflation slowed down in September, the final data from Istat showed. Relative to the previous month there ...

17.10.2018 10:00:53

Investor confidence in the German economy fell in October

In October, the index of investor and analyst confidence in the German economy over the next six months was minus 24.7 points, down from minus 10.6 points in September, the ZEW Research Institute reported. Over the previous two months, it has ...

17.10.2018 10:00:53

Unemployment in the UK for 3 months to August was 4%

For the period from June to August, unemployment in the UK, calculated according to the methods of the International Labor Organization, dropped to 4% from 4.2% in the previous three months, statistics from ONS showed. The index in June-August, ...

17.10.2018 10:00:53

BlackRock reported quarterly profit growth of nearly 30%

In the third quarter, the net profit of BlackRock, the world's largest company in terms of assets, grew by almost 30% in annual terms to $1 billion 220 million. The adjusted profit of the US investment company at 7 dollars 52 per share exceeded ...

17.10.2018 10:00:53

German automakers have a 50% chance of maintaining world leadership in the next 10 years

German automakers need to transform their business in accordance with the new rules, obliging to reduce emissions by 35% by 2030. Otherwise, their chance to remain leaders in the automotive industry will be only 50%, Volkswagen CEO Herbert ...

17.10.2018 10:00:53

Experts expect a slowdown in China’s GDP growth in the third quarter to a minimum since 2009

68 economists, who took part in a Bloomberg survey, expect, following the results of the third quarter, the growth of the Chinese economy by 6.6% year-on-year from the first quarter of 2009 due to the trade war between the USA and China. However, ...

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