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Company news

17.10.2018 10:00:52

Uber received an IPO offer from Morgan Stanley and Goldman Sachs

American corporation Uber Technology has received from Morgan Stanley and Goldman Sachs banks a proposal to organize an initial public offering of its shares, Dow Jones reports, citing informed sources. Banks calculated that the cost of Uber ...

17.10.2018 09:00:59

Johnson & Johnson increased its quarterly profit by 4.5%

The world's largest producer of health products, Johnson & Johnson, reported an increase in net profit in the third quarter by 4.6% in annual terms to 3 billion 934 million dollars. Adjusted earnings were 2 dollars 5 cents per share, while ...

17.10.2018 09:00:59

Oil shipments from the United States to China dropped sharply in the third quarter

China has lost the status of the largest buyer of American oil, which had in the first half, The Wall Street Journal writes. In the third quarter, oil exports from the United States to China plummeted amid a trade war between the two countries. ...

16.10.2018 12:00:39

US retail sales rose weakly in September

Data from the US Department of Commerce showed that in September, weak growth in retail sales in the country by only 0.1% compared to August was significantly lower than analysts' forecasts, who had expected growth of 0.6%. The consequences ...

16.10.2018 11:00:43

The National Bank of Kazakhstan raised the base rate for the first time since February 2016

For the first time since February 2016, the National Bank of Kazakhstan raised the base rate to 9.25% per annum with a +/- 1% corridor. The increase was 0.25%. This was reported by the regulator on Monday. The chairman of the Central Bank of ...

16.10.2018 11:00:43

Bank of America increased its third-quarter net profit by a third

Bank of America, the second in terms of assets American bank, according to the results of the third quarter, reported an increase in net profit by 33.3% in annual terms to $7 billion 200 million. Calculated per share, the bank's profit was ...

16.10.2018 11:00:43

Spanish petrochemical corporation Cepsa postponed IPO

Spanish petrochemical corporation Cepsa has postponed initial public offerings due to the situation in global stock markets under pressure in the context of ongoing trade disputes between the US and China, as well as due to Brexit uncertainty ...

16.10.2018 11:00:43

American Sears has declared bankruptcy

The American corporation Sears Holdings, which owns retail stores and in its century-long history not so long ago held a leading position in the United States, announced the commencement of bankruptcy proceedings in accordance with Chapter ...

16.10.2018 11:00:43

Shares of SoftBank fell in price amid concerns about Saudi Arabia

Shares of the largest technology company in Japan SoftBank Group at the end of trading in Hong Kong on Monday fell by 7.27%. This was caused by investors' concerns about the close attention of the world community to the disappearance of opposition ...

16.10.2018 11:00:43

The volume of China's intellectual production market will exceed 220 billion yuan by 2020

In 2017, China increased the production of industrial robots by 68% to 130 thousand units. This is a third of the global market for industrial robots. In 2016, the size of the Chinese market for intellectual production grew by 18.4% to 106 ...

16.10.2018 11:00:43

The Spanish government lowered its forecast for economic growth for 2018 and 2019

The Spanish government has worsened the forecast for GDP growth from 2.7% to 2.6% in 2018, and from 2.4% to 2.3% in 2019. As the Minister of Economy of Spain Nadia Calvino said, the lower forecast was due to a change in the country's export ...

16.10.2018 11:00:42

Investors in British real estate are looking for cheaper properties in the North of England

Property investors in the UK have lost interest in attractive real estate in London due to the additional tax imposed in 2016 on those who purchased a second home and landlords. They are interested in higher profits, and now they are looking ...

16.10.2018 11:00:42

High oil prices will adversely affect the reporting of companies in certain sectors

Since the beginning of the year, Brent crude oil has increased in price by about 26%, WTI - by 22%. The rise in oil prices is beneficial to oil companies. However, Bloomberg writes, there are a number of sectors, the reporting of companies ...

12.10.2018 11:00:45

The World Bank began consulting countries due to the deterioration of world trade

The head of the World Bank, Jim Yong Kim, said that the bank was consulting with all the countries-shareholders of the World Bank in order to prepare them for a possible deterioration in the conditions of world trade, TASS reports. The head ...

12.10.2018 11:00:45

Chinese enterprises buy cheaper Canadian oil

China is looking for an alternative to oil from Venezuela, the production and exports of which have declined sharply this year. Chinese refiners are considering the possibility of deliveries from Brazil, but for now they are actively buying ...

12.10.2018 11:00:45

US consumer price growth slowed in September

Consumer prices in the US increased in September by 0.1%, registering a slowdown in growth compared with August, when the increase was 0.2%. The data from the Department of Labor showed the slowest price growth since June last month. In annual ...

12.10.2018 11:00:45

The published minutes of the September meeting of the ECB suggests the preservation of the policy

The minutes of the September meeting of the European Central Bank, published on Thursday, showed that the regulator did not intend to change its monetary policy, despite the risks associated with tensions in world trade, which could cause a ...

12.10.2018 11:00:45

Starbucks shares rose 5.5% after the announcement of one of its shareholders, Pershing Square hedge fund

Bill Ackman, founder and manager of the American hedge fund management company Pershing Square Capital Management, said that Starbucks, the largest coffee chain in the world, would be able to overcome the stagnation in the US market amid increased ...

12.10.2018 10:00:44

Large Japanese companies are planning to leave London after Brexit

Large Japanese companies from outside the financial sector want to move their headquarters from London to other European countries after Brexit, citing uncertainty about the UK’s exit from the EU as the main reason, Financial Times writes. ...

12.10.2018 10:00:44

China ranked second in the world in life insurance in 2017

China ranked second in the world in terms of the volume of the life insurance market in 2017. This was stated by Deputy Chairman of the China Banking and Insurance Regulatory Commission, Yuan Hung. The Xinhua news agency reported that two Chinese ...

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