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South Korean investment company Hahn&Co announced the completion of the acquisition of a 90% stake in the shipping company SK Shipping for $1, 350 million from the energy conglomerate SK Group, finversia.ru writes. According to LNG World ...
HSBC Private Banking predicts that next year the stock market in Europe will recover due to slower growth in the US economy. This year, about 43 billion dollars were withdrawn from the European market, as investors were wary of risks of a political ...
The International Energy Agency called the countries of OPEC and other major oil producers for the increase of their production, Bloomberg reports. In its appeal, the IEA notes the danger of the current situation, as the oil markets are entering ...
One of the world's largest American oilfield services companies, Baker Hughes, a GE announced that it intends to acquire a 5% stake in ADNOC Drilling, a drilling division of the Abu Dhabi National Oil Company, for $550 million, finversia.ru ...
In September, export of oil from Iran decreased by 450 thousand barrels per day compared to the level before the introduction of US sanctions and amounted to 1 million 700 thousand barrels per day. This calculation was provided by the Norwegian ...
The Bank of France surveyed the leaders of the French business, the survey showed that the French economy would grow by 0.5% in the third quarter. The previous forecast suggested an increase of 0.4%. The business activity index in manufacturing ...
Chairman of the Board of Directors and Executive Director of French Connection, the British retailer of clothes, Stephen Marks, said last weekend that he wanted to sell his 41.6 percent stake in the company, Sky News reported. Another 27% stake ...
In the third quarter, growth in the British economy slowed down, and business confidence declined, a quarterly survey of the British Chamber of Commerce BCC showed. The balance of production companies that reported a decrease in domestic sales ...
The World Trade Organization announced Turkey’s decision to introduce import quotas on steel from October 17. In addition, the country will also additionally impose duties in the amount of 25% for any deliveries in excess of the established ...
Saudi Aramco, the state-owned oil company of Saudi Arabia, and Total, a French oil and gas company, have announced the start of joint work on the development of documentation for a petrochemical complex in Al Jubail. As previously reported, ...
Saudi Arabian Crown Prince Mohammed bin Salman denied rumors that the state’s oil-producing company Saudi Aramco’s IPO was being postponed and could not be held, saying in an interview with Bloomberg that the initial public offering of oil ...
American automaker Ford Motor announced that it would reorganize the company as part of a broad plan of Ford's chief executive officer, Jim Hackett, aimed at reducing costs, increasing revenues and restoring stock prices, Dow Jones reports. ...
Traded value on the London Metal Exchange has grown 9% since the beginning of 2018, Matthew Chamberlain, the head of the exchange, said in the interview with Financial Times. The world's largest raw exchange market has increased the indicator ...
The South Korean company Samsung Electronics, following the results of the third quarter, reported on the growth of operating profit by 20.4% in annual terms to 17.5 trillion won due to good quarterly results of the semiconductor unit. The ...
In August, the US trade deficit reached a maximum of six months value of 53 billion 200 million dollars, having increased from 50 billion dollars in July, official data showed. Experts had predicted an even stronger growth - up to 53 billion ...
Following the results of the meeting on Friday, the Central Bank of India decided to keep interest rates unchanged, while analysts had expected the Central Bank to raise interest rates in order to reduce inflationary pressure. The regulator ...
Gold prices have been falling for six consecutive months amid metal purchases by global central banks. At the end of September, gold fell by 0.9%. Since the beginning of the year, the cost of this precious metal has decreased by 8% and reached ...
The popularity of Ireland as a financial hub after the UK’s exit from the EU increased significantly. More than 100 British banks have applied to the Central Bank of Ireland for renewal of their license. After Brexit, they intend to transfer ...
The head of the European Commission, Jean-Claude Juncker, said in an interview with the Australian media that “the absence of a deal” under the terms of the UK’s exit from the European Union was not beneficial for any of the parties. In his ...
Against the background of concerns about the limited supply of fuel in the future due to the introduction of US sanctions against Iran over the past week, Brent crude has risen by 2.4%, WTI - by 2.1%. Analysts also express concerns that Saudi ...
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