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Company news

19.09.2018 10:01:08

Pre-tax profits of NYSE members increased by 11% in the first half of the year

Companies, securities of which are listed on the New York Stock Exchange, in the first half of 2018 increased their pre-tax profits by 11% in annual terms to 13 billion 700 million dollars. This is evidenced by the data of the financial controller ...

19.09.2018 09:01:29

EC proposed a unified approach of the European Union to WTO reform

The European Commission reported on a unified approach of the European Union to the reform of the World Trade Organization. The promulgated document attempts to correct the distortions of market mechanisms in China and to prevent the US from ...

19.09.2018 09:01:29

Alibaba CEO believes that the trade war between the US and China can be dragged on for 20 years

The founder and head of the Chinese Internet giant Alibaba, Jack Ma, during a conference in Hangzhou said that the US trade war with China could drag on for 20 years. In his opinion, the war will have more influence on the world than it is ...

18.09.2018 10:01:53

In August, inflation in the eurozone was 2%, in the EU - 2.1%

In August, consumer prices in the euro area rose by 2% against the same month in 2017, after rising by 2.1% in July, the data from Eurostat showed. Economists had also predicted an annual increase in prices by 2%. The increase in prices in ...

18.09.2018 10:01:53

Swiss financial regulator criticized Credit Suisse

The Swiss Financial Market Supervisory Authority FINMA announced that an independent observer would control Credit Suisse, as the second largest Swiss bank failed in the fight against corruption in incidents involving FIFA, as well as oil companies ...

18.09.2018 10:01:53

The IMF said that “hard” Brexit could cause significant damage to the British economy

If Britain withdraws from the EU without an agreement, the British economy can suffer significant damage, the International Monetary Fund said. The Fund also stressed the need for a transition period, which should follow the country's exit ...

18.09.2018 10:01:53

Royal Dutch Shell announced its intention to limit methane emissions below 0.2% by 2025

The British-Dutch oil company, Royal Dutch Shell, announced that its goal was to maintain the volume of methane emissions on all gas and oil assets below the level of 0.2% by 2025. This goal is consistent with the company's intention by 2050 ...

18.09.2018 10:01:53

Sales of private homes in Singapore fell by 64% in August

The volume of sales of private houses in Singapore in August fell by 64% compared with July to 616 objects, which is the lowest level in six months, Bloomberg reports. The agency notes that such a low figure indicates that the measures taken ...

18.09.2018 10:01:53

Frankfurt will be the central location for the UBS in the EU after Brexit

Swiss bank UBS Group decided to make Frankfurt its base location in the European Union after Brexit, preparing for Britain's withdrawal from the bloc without any agreement, Bloomberg reports. In addition, UBS will retain offices in Milan, Paris, ...

18.09.2018 10:01:53

Oil production in China rose in August for the first time since November 2015

Oil production in China rose by 0.2% in annual terms to 16 million tonnes in August, the National Statistical Office said. The growth of production is noted in the country for the first time since November 2015. The volume of oil refining amounted ...

18.09.2018 09:04:11

The UAE stimulates economic growth by issuing visas to foreigners for a longer period after they retire

Vice President and Prime Minister of the United Arab Emirates, Emir of Dubai Mohammed bin Rashid Al Maktoum, announced a decision allowing foreigners over 55 to receive visas for 5 years after retirement, provided that they invest in UAE real ...

18.09.2018 09:04:11

The vacancy rate did not change in the euro area and the EU in the second quarter

In the second quarter, the vacancy rate in the eurozone and the European Union did not change compared to the first quarter. The indicator in the euro area was 2.1%, in the EU – 2.2%, Eurostat reported. In industry and construction of the euro ...

18.09.2018 09:04:11

JPMorgan expects a rise in wages in developed countries

In the richest developed countries of the world, the growth rate of wages in the second quarter of this year accelerated and reached a maximum value since the beginning of the global recession in 2009. According to JPMorgan Chase, in the US, ...

17.09.2018 11:08:43

The growth rate of retail sales in the US in August were the weakest in six months

The growth of retail sales in the US by 0.1% in August was the weakest in six months due to a decrease in demand for cars and clothing, the data of the country's Ministry of Trade showed. A month earlier, their growth was registered at 0.7%. ...

17.09.2018 11:08:43

The Greek government intends in the near future to weaken the measures of control over capital and reduce taxes

Greek Finance Minister Euclid Tsakalotos said in an interview with a local newspaper that a new easing of measures to control the movement of capital in the country would soon be announced. The Greek government will lift restrictions on the ...

17.09.2018 11:08:43

G20 Trade Ministers for the first time reached consensus on WTO reform

The head of Argentina's diplomatic mission in China, Diego Ramiro Guelar, speaking at the international forum on cooperation on industrial potential, said that at the last meeting of the Ministers of Trade and Investment of all G20 countries ...

17.09.2018 11:08:43

American automakers suffered most from the trade war between the US and China

Trade disagreements between the US and China had the greatest negative impact on American automakers in China. This is evidenced by the data of the poll of American chambers of commerce in Beijing and Shanghai, CNBC reports. This summer, the ...

17.09.2018 11:08:43

Head of the Federal Reserve Bank of Chicago expects that the increase in rates of the Fed will begin to exert pressure on economic growth and employment in the US in 2019

The head of the Federal Reserve Bank of Chicago, Charles Evans, in a speech with which he plans to speak at a conference in Indiana, notes a strong US economy, low unemployment and a steady inflation approach to the target 2%. He believes that ...

17.09.2018 10:03:14

The growth of industrial production in the US exceeded forecasts in August

In August, industrial production in the US increased by 0.4% compared to July, exceeding the forecast of experts who had expected growth of 0.3%. This was reported by the US Federal Reserve System. In the processing industry, output increased ...

17.09.2018 09:01:20

The global rise in house prices slowed to 4.7% in the second quarter

The index of global growth of house prices from Global House Price fell in the second quarter to a minimum level of 4.7% since July-September 2016, Knight Frank reported. The leader in the growth of housing prices was Malta, the first time ...

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