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The operating profit of Tesco, the largest retailer in the UK, without taking into account one-time balance sheet items, rose 24.4% year-on-year to £933 million in the first fiscal half ended August 25, finversia.ru reports citing company reporting. ...
The Turkish Statistical Institute reported that inflation in September reached a 15-year maximum level of 24.52%, it means that the interest rates will soon be risen to curb price increases. Experts had predicted a rise in consumer prices by ...
BNP Paribas specialists presented three possible scenarios for the upcoming elections in the US, which take place on November 6, so that investors can prepare their portfolios, Bloomberg reports. According to public opinion polls, Democrats ...
The Japan Virtual Currency Exchange Association tightens regulation and rules for storing cryptocurrencies after the recent hacking of the Zaif exchange, during which attackers stole about $60 million, The Japan Times reports, citing informed ...
Online retailer Amazon.com announced that starting from November 1, wages to employees who work in the US are rising to $15 per hour. This number includes more than 250 thousand employees of the company and over 100 thousand seasonal workers ...
House prices in the UK rose slightly in September, Bloomberg reported. The increase compared with the previous month was 0.3%. In August, there was a decrease in the cost of homes by 0.5%. In annual terms, prices in August rose by 2%. According ...
Producer prices in the euro area rose in August by 0.3% from the previous month and by 4.2% compared with August last year, Eurostat reported. According to experts, the first indicator was expected to grow by 0.2%, the second one – by 3.9%. ...
The government of Denmark has proposed to introduce a ban on the sale of new gasoline and diesel cars starting from 2030. As the representative of the Danish Ministry of Energy, Utilities and Climate told Reuters, this proposal should be considered ...
The Australian Ministry for Industry, Innovation and Science expects steel production in China to reach a peak of 886 million tons in 2018, and then to decline in 2019 to 861 million tons due to weaker domestic demand, which will be observed ...
The world's largest US producer of soft drinks PepsiCo reported that following the results of the third fiscal quarter ended September 8, its net profit in annual terms grew by 16% to 2 billion 498 million dollars. Adjusted earnings reached ...
The press service of the Council of the European Union reported that the new regulation, approved to improve control over cash, will make it possible to more effectively combat the financing of terrorism, money laundering and tax fraud. Back ...
Thomson Reuters announced the completion of a deal with the American Blackstone Group for the sale of a majority stake of the Financial&Risk unit, finversia.ru writes. The cost of the unit providing data and news mainly to clients in the ...
The press service of the International Financial Center of Astana in Kazakhstan announced that Goldman Sachs had become another shareholder of the AIFC Stock Exchange. One of the world's largest investment banks agreed to buy back about 108,480 ...
Last week on Friday, the SEC announced the launch of an investigation against the founder of Tesla, Elon Musk, who announced on Twitter that he was going to make the company non-public. Because of this message, Tesla shares fell by 13.9% to ...
On Monday, General Electric CEO John Flannery resigned, promising to reduce the number of jobs and close several units to make the company smaller. However, as reported by the company, the pace of transformation under the leadership of Flannery ...
Fears of a shortage of fuel amid US sanctions against Iran are pushing oil prices up. As of 5 pm Moscow time on Monday, Brent crude futures for December delivery rose 48 cents to 83 dollars 13 cents a barrel. WTI oil rose in price by 27 cents ...
Saudi government officials told The Wall Street Journal that the implementation of the world's largest solar energy project worth $200 billion in the country has been postponed indefinitely. It was planned that the project in partnership with ...
The international rating agency Fitch affirmed the ratings of Kazakhstan at the level “of BBB”, reporting on a “stable” outlook on the ratings. The agency pointed to strong state and external balance sheets of the country. At the same time, ...
Ford, Uber and Lyft have announced a collaboration on the SharedStreets project, which transforms data from various sources into a publicly available global standard. The project contributes to more efficient management of transport infrastructure ...
In the real estate market in Australia, a decline has been observed for a year already, Bloomberg writes. In September, property prices fell by 0.5%. In this case, half of all sales of homes in Australia in terms of money accounted for Sydney ...
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