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Company news

08.10.2018 09:00:51

Canada's unemployment rate fell to 5.9% in September

In September, unemployment in Canada was 5.9%, having decreased from 6% in August, Statistics Canada reported. September unemployment rate coincided with the forecasts of experts. Due to the increase in part-time work, the Canadian economy ...

08.10.2018 09:00:51

Unemployment in the US has fallen to a minimum since 1969

Unemployment in the United States fell in September 2018 to a minimum since 1969 value of 3.7%, the country's Department of Labor reported. In August, unemployment was at 3.9%. Expert estimates suggested a decline in September to 3.8%. The ...

08.10.2018 09:00:50

Housing in the eurozone rose in price by 4.3% in the second quarter

Housing in the euro zone rose in price in the second quarter by 4.3% in annual terms, Eurostat data showed. In the previous month, the annual growth was at 4.5%. Compared to the first quarter, prices rose by 1.4% after rising 0.5% a quarter ...

05.10.2018 12:00:40

Central Bank of India may raise rates for the third time in four months

Reuters conducted a survey in September, which was attended by 64 economists. The results of the survey showed that 35 respondents stated that they expected the rate increase by the Central Bank of India on Friday this week. In July, there ...

05.10.2018 12:00:40

Car sales in the UK fell by 20.5% in September

The number of registered cars in the UK fell by 20.5% in September in annual terms and amounted to 338 thousand 834 cars, the data from SMMT showed. The decline in supply due to the introduction of new testing requirements has negatively affected ...

05.10.2018 12:00:39

The Association of German Banks has lowered German GDP growth forecast for 2019

The Association of German BdB Banks has worsened the forecast for the growth of the German economy in 2019 to 1.8% from 1.9% amid a slowdown in private investment, Reuters reports. The decline in investment by German companies also forced the ...

05.10.2018 12:00:39

Saudi Arabia intends to invest $20 billion in reserve capacity for oil production

The energy minister of Saudi Arabia, Khalid-al-Falih, said that in the next few years, the country's authorities intend to send $20 billion to maintain and expand reserve capacity for oil production. Earlier, he announced plans to increase ...

05.10.2018 12:00:39

Italian bank, the oldest in the world, intends to sell Belgian business to American investment fund

Next week, Italian bank Banca Monte dei Paschi di Siena may announce a sale of about 50 million euros of its division in Belgium to the American investment fund Warburg Pincus, L’Echo reported, citing informed sources. The Belgian business ...

05.10.2018 12:00:39

Oil prices fell on Thursday after rising to a maximum of 4 years the day before

Oil prices declined on Thursday, reaching the maximum level in 4 years. According to analysts, oil supplies from Iran by November 4, when the second block of US sanctions against this country is introduced, will fall by about 1 million barrels ...

05.10.2018 11:01:11

The Fed intends to gradually raise rates, despite the nervousness of investors

Recent speeches by representatives of the Federal Reserve's management suggest that interest rates will continue to rise gradually, which will help curb inflation against the background of rapid economic growth. This scenario makes investors ...

05.10.2018 10:00:56

One Belt and One Road can lead to an increase in copper consumption by 7% of annual demand, according to BHP

BHP Billiton, the Anglo-Australian mining company, announced the serious influence of China’s One Belt and One Road initiative on global copper demand, Reuters reports. An analysis by the company showed that China’s overseas expansion under ...

05.10.2018 10:00:56

Service sector growth in India slowed in September

The business activity index in the services sector of India fell in September to the lowest in 4 months value of 50.9 points compared to 51.5 points in August, according to IHS Markit. The decline was due to low demand in the services sector. ...

05.10.2018 10:00:56

Oil traders bet on the rise in oil prices up to $100 per barrel

Oil traders bet that by 2019, oil prices will rise to $100 per barrel. The reason for this was the rise in oil prices to a peak of four years against the backdrop of the resumption of US sanctions restricting the export of Iranian oil. Sanctions ...

04.10.2018 12:00:52

US employment growth accelerated in September

The number of people employed in the US private sector in September increased by 230 thousand people, exceeding the growth predicted by experts by 185 thousand, Automatic Data Processing reported. Small businesses hired 56,000 new employees ...

04.10.2018 12:00:52

Prices in British stores rose for the second month in a row

BRC UK retail consortium reported price growth in UK stores in September for the second month in a row. Compared to September of last year, the price index in stores increased by 0.2% after rising 0.1% in the previous month. Prices for food ...

04.10.2018 11:01:33

Growth in sales of semiconductors in the world amounted to 14.9% in August

In August, sales of semiconductors in the world amounted to 40 billion 160 million dollars, increasing its volume by 14.9% in annual terms, the data of the Semiconductor Industry Association (SIA) showed. The August figure was a record for ...

04.10.2018 11:01:33

Eurozone private sector expanded in September at the slowest rate in 4 months

Activity in the private sector in the eurozone rose in September at the slowest rate in 4 months, IHS Markit reported. According to the company's final data, the composite index of production in the private sector of the eurozone was 54.1 points, ...

04.10.2018 11:01:33

A record number of unprofitable companies held an IPO in the United States this year

For the period from January to September of this year, 83% of American companies that conducted an IPO did not gain profits during the year before the initial public offering, Professor of Finance at the University of Florida, Jay Reiter, reported. ...

04.10.2018 10:07:21

Retail sales in the eurozone fell by 0.2% in August

Retail sales in the euro area declined in August by 0.2% after falling 0.6% in the previous month, Eurostat management reported. The monthly figure did not coincide with analysts' forecasts, who had expected it to rise by 0.2%. The annual growth ...

04.10.2018 10:07:21

The central bank of Indonesia may raise interest rates before the Fed does

The head of Indonesia’s Central Bank, Perry Vargiya, speaking at a seminar organized by the Golkar party, expressed an opinion that interest rates in the country had to be raised before the US Federal Reserve System does, finversia.ru writes. ...

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