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Company news

02.09.2018 12:00:29

Pernod Ricard increased annual profit by 13%

The French company Pernod Ricard, the world's second-largest producer of alcoholic beverages after the British Diego, reported that, for the fiscal year ended June 30, its net profit rose 13% year-on-year to 1 billion 577 million euros, helped ...

02.09.2018 11:00:22

Norwegian Equinor plans to invest in Brazil more than 15 billion dollars

The Norwegian oil and gas group Equinor, formerly Statoil, announced its intention to invest more than $15 billion in work in Brazil until 2030, finversia.ru wrote. It is reported that for the period of the company's operation in Brazil since ...

02.09.2018 10:00:20

Venezuelan PDVSA has agreed on investment of $430 million to increase oil production

State-owned oil and gas company of Venezuela PDVSA reported that it reached an agreement with a number of local and foreign companies to increase oil production by 640,000 barrels per day in 14 fields. Venezuelan oil minister Manuel Quevedo ...

02.09.2018 09:00:18

Turkey must repay the external debt of $179 billion until July 2019

The external debt of Turkey is about $179 billion, or a quarter of the country's annual GDP. The maturity date will come in the course of the year ending in July 2019, analysts at JPMorgan report. It is noted that the bulk of the debt, about ...

02.09.2018 08:00:29

Thomson Reuters launched a $9 billion share buyback program

Thomson Reuters Corp. said it would finalize a deal to sell the majority stake in its Financial&Risk division to the investment company Blackstone Group. On Tuesday, the corporation also launched a share buyback program worth $9 billion. ...

02.09.2018 07:00:11

Iran cuts oil supplies faster than it was expected

 Iran is reducing oil supplies to the world market due to the approach of the timing of the introduction of US sanctions at a faster pace than it was expected, The Wall Street Journal writes. Officials at the state-owned company National ...

02.09.2018 06:00:11

Inflation in Germany was 1.9% in August

In August 2018, consumer prices in Germany rose by 1.9% year-on-year, which is the lowest inflation rate since April, according to preliminary data from Destatis. In July, inflation was at the level of 2.1%. Experts had expected price growth ...

02.09.2018 05:00:20

The EU declared its readiness to lower to zero import duties on all manufactured goods from the USA, including cars

The European Union is ready to lower to zero duties on manufactured goods, including cars, if the United States does the same, EU Trade Commissioner Cecilia Malmstrom said, speaking in the trade committee of the European Parliament. She noted ...

02.09.2018 04:00:21

Half-year profit of PetroChina has more than doubled

The net profit of the largest Chinese oil and gas company PetroChina in the first half of the year increased 2.1-fold year-on-year to 27 billion 90 million yuan. The indicator has become the highest since the second half of 2014. Revenue reached ...

02.09.2018 03:00:19

The largest bank of China ICBC increased quarterly profit by 5.8%

The largest bank of China, Industrial&Commercial Bank of China, in the second quarter of 2018 increased its net profit by 5.8% year-on-year to 81 billion 600 million yuan. Quarterly growth was the fastest since the third quarter of 2014 ...

02.09.2018 02:00:11

The consolidated business and consumer confidence index in the eurozone declined in August to a minimum for the year

In August, the consolidated business and consumer confidence index in the euro area fell for the year to a minimum value of 111.6 points from 112.1 points in July, data of the European Commission showed. Analysts had predicted a decrease to ...

02.09.2018 01:00:20

Last week, applications for unemployment benefits in the US rose by 3 thousand

Last week, the number of US citizens, who had applied for unemployment benefits for the first time, increased by 3 thousand and amounted to 213 thousand people, the country's Ministry of Labor reported. Analysts had predicted an increase of ...

02.09.2018 00:00:50

Japanese SoftBank decided not to participate in the IPO of the Chinese NIO

The Japanese company SoftBank will not participate in the IPO of the Shanghai manufacturer of electric vehicles NIO, finversia.ru wrote with reference to the message of Dow Jones. As previously reported by The Wall Street Journal, SoftBank ...

01.09.2018 23:00:21

Foreign investors sold a record volume of UK government bonds in July

On Thursday, Bank of England published data according to which foreign investors in July sold a record volume of government bonds in the UK – to the value of 17 billion 153 million pounds sterling. A month earlier, non-residents had sold British ...

01.09.2018 22:00:21

Apple acquired Akonia Holographics

The American company Apple confirmed that it had acquired a start-up Akonia Holographics, specializing in the production of lenses for Augmented Reality glasses, Reuters reports. It is reported that Akonia, created in 2012, initially focused ...

01.09.2018 21:00:24

The income of the US population in July grew by 0.3%, expenditures - by 0.4%

The income of US citizens in July 2018 increased by 0.3% after rising 0.4% a month earlier, according to the data of the country's Ministry of Commerce. Expenses increased by 0.4%, as well as in June. Both indicators coincided with the forecasts ...

23.08.2018 12:00:37

The probability of a recession in the world economy in the next 5 years is 70%, according to PIMCO

Chief investment director for non-traditional strategies of the investment company Pacific Investment Management, Mark Zinder, warned investors about the onset of increased volatility amid tightening of monetary policy in the world's largest ...

23.08.2018 12:00:37

Target Corporation increased its quarterly profit by 19%

Target Corporation, which owns the second-largest discount network in the US, reported that its second-quarter net profit, which ended Aug. 4, rose 19% year-on-year to $799 million. Excluding one-off factors, earnings were 1 dollar 47 cents ...

23.08.2018 12:00:37

Oil prices rose based on data on the reduction in stocks in the US

On Wednesday, oil prices accelerated their growth, reaching maximum marks for the week, based on data on a sharp decline in US fuel inventories. As reported by the American Petroleum Institute, last week, oil reserves in the US fell by 5 million ...

23.08.2018 12:00:37

Quarterly earnings and revenue of Xiaomi exceeded forecasts

Chinese electronics manufacturer Xiaomi Corporation following the results of the second quarter of 2018 recorded a net profit of 14 billion 630 million yuan against a loss of 11 billion 970 million yuan for the same quarter last year. The company's ...

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