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Labor productivity in the US in the second quarter increased by 2.9%, which was the maximum increase since the first quarter of 2015, the final data of the country's Ministry of Labor showed. Experts had expected the growth rate of 3%. In the ...
Starbucks, the American coffee company and the world's largest chain of coffee shops, will open an elite coffee shop and café in Milan on Friday, Reuters reports. This is the first Starbucks coffeehouse in Italy, which ranks fourth in the world ...
Exxon Mobil, the largest oil and gas company in the United States, said it signed new agreements on investment in China, despite the complication of trade relations between the US and China. This is an investment in a petrochemical project ...
Experts at the McKinsey Global Institute predict an acceleration in the growth of the world economy by 1.2 percentage points at least for the next 10 years due to the extensive use of artificial intelligence. The McKinsey survey says that the ...
The license of the rating agency Dagong Global Credit Ratings has been suspended by Chinese regulators, South China Morning Post reports. Dagong is one of the three largest rating agencies in China, which actions were repeatedly criticized ...
The volume of retail sales in the euro area declined in July by 0.2% compared to the previous month, when the index rose by 1.5%, according to the data of Eurostat. Experts had predicted a decrease of 0.1%. Compared to the same month last year, ...
Danièle Nouy, the head of the supervisory board at the European Central Bank, in an interview with a Latvian news agency said that the next economic crisis in Europe could emerge in the real estate market, Reuters writes. At the same time, ...
A study by the Global Commission on the Economy and Climate has shown that actions to combat climate change can add up to at least $26 trillion to the global economy by 2030, Reuters reports. The study dispels fears that the abandonment of ...
The capitalization of Amazon.com on Tuesday briefly reached $1 trillion, Reuters reports. For the year, company's shares rose more than 2 times - by 74.5%. On Tuesday, the Amazon stock price reached 2 thousand 50.5 dollars, but at the closing, ...
The supply managers' index in the services sector of the UK in August rose to 54.3 points from 53.5 points in the previous month, the results of the IHS Markit survey showed. The sector expanded at a faster pace against the backdrop of new ...
The external deficit of the US in July amounted to 50 billion 100 million dollars, having increased from 45 billion 700 million dollars in June, the country's Ministry of Trade reported. Analysts had predicted a deficit of $50 billion 200 million ...
Producer prices in the 19 eurozone countries rose 0.4% in July 2018, compared to the previous month, according to data provided by Eurostat. The rise in prices exceeded the forecasts of analysts who had expected an increase of 0.3%, due to ...
The business activity index in the construction sector of the UK declined in August to 52.9 points from 55.8 points in July, when its 14-month maximum was recorded, the IHS Markit survey showed. Experts had predicted the figure at 55 points. ...
Iranian President Hassan Rouhani said on national television that Iran would not reduce the extraction and export of crude oil, despite the restoration of restrictive measures by the US. Earlier, US State Department spokesman for Iran Brian ...
The import of Iranian oil to India declined by 36% in August compared to July, to 488 thousand barrels per day, according to calculations by Bloomberg. Indian company Hindustan Petroleum in August did not import Iranian oil for the second month ...
Consumer prices in the countries of the Organization for Economic Cooperation and Development rose by 2.9% in July in annual terms, after rising by 2.8% in June. The price of energy carriers increased by 11.1% against its growth of 10.4% in ...
The economy of South Africa in the second quarter fell by 0.7% compared to the previous quarter, when there was a decline in GDP by 2.6%, according to official data. The decline for two consecutive quarters indicates that the economy of South ...
The total value of all real estate in the world in 2017 increased by 6.2% to a record 280 trillion 600 billion dollars, a study by the British company Savills showed. The study notes that the price of all global real estate exceeds the total ...
During trading on Tuesday, the price of three-month contracts for nickel on the London Metal Exchange fell by 1.8% to the lowest since January mark of 12 thousand 565 dollars per ton. The decline in nickel prices has been observed for five ...
Oil prices rose sharply on Tuesday due to fears about the impending Gordon storm in the Gulf of Mexico, as well as a more significant reduction in supplies of Iranian oil in connection with US sanctions. Because of the bad weather, oil company ...
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