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The financial markets, expecting an increase in the base rate by the European Central Bank in October 2019, now believe that the European regulator will take this decision before the expiry of the term of power of its head Mario Draghi in September ...
The consumer confidence index in the US reached its highest level in September from September 2000, having increased to 138.4 points from 134.7 points in August, the results of the Conference Board research showed. The growth of the index was ...
Favorable forecasts of world oil demand on Tuesday pushed oil prices to further growth. The price of Brent oil exceeded $82 per barrel for the first time since the autumn of 2014. By 14:00 Moscow time, the November futures for Brent crude rose ...
Oil prices rose on Monday, as traders express concern over the possible formation of a supply deficit due to US sanctions against Iran. The market reacted positively to the decision of the Ministerial Monitoring Committee of OPEC + over the ...
This week, the Hong Kong fashion and bags manufacturer Michael Kors Holding may announce a deal to acquire the Italian fashion house Gianni Versace, Bloomberg reports referring to sources familiar with the situation. Michael Kors estimated ...
Amir Nasser, general director of Saudi Arabia's state oil company, said in an interview with CNBC that the IPO of the oil giant was postponed indefinitely due to Saudi Aramco's plans to acquire a controlling stake in the petrochemical company ...
10 foreign banks in the last 12 months have selected Frankfurt am Main, choosing this German city for the transfer of its operations and staff from London, data from a survey of the German state bank Helaba showed. To date, 25 banks has already ...
The monthly balance of production orders in the UK industry in September fell to minus 1 point from 7 points a month earlier, noting a 4-month minimum value, according to a study conducted by the Confederation of British Industry. The number ...
The index of business activity in Germany declined in September to 103.7 points from 103.9 points in August, data of the IFO showed. Analysts had expected the decline to 103.2 points. The indicator, which determines the business expectations ...
The French oil and gas company Total reported that it discovered a large natural gas field at the Glendronach site in the British part of the North Sea. Total specialists estimated its recoverable reserves at 1 trillion cubic feet. The company ...
The company from the United Arab Emirates, Emirates Global Aluminum, decided to postpone the IPO, resulting from unfavorable market conditions. However, the company postponed the initial public offering due to the import duties imposed on the ...
Canadian mining corporation Barrick Gold buys gold-mining company Randgold Resources, shares of which are quoted in the UK, finversia.ru writes with reference to Dow Jones. Payment will be made in shares. Shareholders of Barrick will own 67% ...
Volvo spokesman Fredrick Ivarsson told Reuters that the Swedish automaker, like a number of other European companies, was forced to reconsider its investments in Iran against the backdrop of imposed by President Donald Trump sanctions against ...
A group of hackers attacked the Japanese exchange Zaif and stole about $60 million, according to the Japan Times. Of the stolen funds, almost 40 million dollars in bitcoins and other cryptocurrencies were deposits of the clients of the exchange. ...
Experts of the Organization for Economic Cooperation and Development have lowered the forecast for the growth of the world economy for 2018 and 2019, noting the increase in downside risks due to the uncertainty and tension in trade relations. ...
The Swiss State Secretariat for Economic Affairs SECO improved the country's GDP growth forecast this year from 2.4% to 2.9% and left the forecast for the next year unchanged at 2%. It is expected that the rate of economic recovery in 2018 ...
Retail sales in the UK rose 0.3% this August after rising 0.9% in July, data from the Office for National Statistics showed. For economists, who had expected sales to fall by 0.2%, the growth of the index was a surprise. In annual terms, the ...
The Central Bank of Norway raised its key interest rate on Thursday for the first time in seven years. The rate is increased by 0.25 percentage points to 0.75%. The Bank of Norway for a long period had been applying stimulating measures during ...
Aston Martin, the British manufacturer of prestigious cars, will hold an initial public offering in October on the London Stock Exchange. The price range is declared between 17.5 and 22.5 pounds sterling per share. In total, the company plans ...
The government of Turkey worsened the forecast for GDP growth in 2018 to 3.8% from 5.5%, in 2019 - to 2.3% from 5.5%. Turkish Finance Minister Berat Albayrak explained the worsening of the forecast by the currency crisis and increased inflation ...
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