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Company news

09.08.2018 10:00:20

Japanese Orix acquires stake in Irish Avolon

Japanese corporation Orix reported that it had reached an agreement to acquire a 30-percent stake in Irish company Avolon Holdings, which is engaged in aircraft leasing, from China's HNA Group for 2 billion 210 million dollars. The deal will ...

09.08.2018 10:00:20

Head of the Federal Reserve Bank of Richmond believes that the Fed should continue raising rates

President of the Federal Reserve Bank of Richmond Thomas Barkin said that the Federal Reserve should continue raising rates to normal levels amid sustained economic growth in the US, low unemployment and inflation in the region of 2%. Barkin ...

09.08.2018 10:00:20

The SEC postponed the decision on the application for the creation of the first bitcoin ETF until September 30

Securities and Exchange Commission of the US postponed the decision on the application for the creation of the world's first stock index fund ETF for bitcoins until September 30. The application was filed jointly by VanEck Associates and Solid ...

09.08.2018 09:00:17

Oil prices fell due to the escalation of the conflict between the US and China

Oil prices declined on Wednesday on the announcement of the US Trade Representative that the volume of Chinese goods, import of which in the US will be subject to duties, increases from August 23 to 50 billion dollars. Investors are also concerned ...

09.08.2018 09:00:17

The US Fund intends to acquire a GE unit for financing energy projects

The American real estate fund Starwood Property Trust, the largest investment fund in commercial real estate in the US, said it had reached an agreement to buy a division of General Electric, which is financing energy projects, for 2 billion ...

09.08.2018 09:00:17

Chinese and Philippine investors will invest up to $7 billion in a petrochemical project in Iran

The consortium of Chinese and Philippine investors agreed to invest up to $7 billion in a petrochemical project in Iran and is ready to implement it as soon as possible, Mehr News reports. CIO at National Petrochemical, Hossein Alimorad, told ...

09.08.2018 09:00:17

The net profit of Munich Re fell by 0.7% in the second quarter

German Munich Re, the world's second-largest reinsurance company, in the second quarter of this year, reduced its net profit by 0.7% in annual terms to 728 million euros. In the first half of the year, the company's net profit increased by ...

08.08.2018 12:00:29

Another bank in Switzerland starts accepting сryptocurrencies

Most banks in Switzerland refuse to accept crypt currencies. However, in July 2017, the Swiss Falcon Private Bank, violating the status quo, announced that it would store and trade bitcoin through its own service. Now, another bank, located ...

08.08.2018 12:00:29

The rules governing the standards for car emissions in the EU will come into force starting from 2020

In the countries of the European Union, starting from 2020, regulations on vehicle emissions come into force. For violation of these rules, European automakers may be fined for a total of up to 14 billion euros, according to the IHS Marlit ...

08.08.2018 12:00:29

The UAE is not expected to restore the property market for another three years

The real estate market of the United Arab Emirates will not recover for another three years, despite attempts by the state to stimulate economic growth, Bloomberg reports with reference to the construction company Tiger Group. According to ...

08.08.2018 12:00:29

House prices in the UK reached a record high in July

Housing prices in the UK increased by 1.4% in July from the previous month, when their growth was 0.9%, according to Halifax. Economists had expected the index to grow by 0.2%. The rise in housing prices in the three months to July accelerated ...

08.08.2018 10:00:33

EIB agreed to independent control, which will be implemented by the ECB after Brexit

The capital of the European Investment Bank, established in Luxembourg in 1958 to support European growth-promoting projects, belongs to the EU member states that form it. EIB can issue loans that exceed capital 2.5 times. As a result of the ...

08.08.2018 10:00:33

Foreign exchange reserves of China rose by almost $6 billion in July

In July 2018, China increased its foreign exchange reserves by 5 billion 820 million dollars in June to 3 trillion 118 billion dollars, according to the People's Bank of China. This was a surprise for analysts who were expecting a decline in ...

08.08.2018 10:00:32

The deficit in the foreign trade balance of France rose to 6 billion 248 million euros in June

The deficit of the foreign trade balance of France in June this year increased to 6 billion 248 million euros from 6 billion 19 million euros in May, the Customs Department of the country said. Experts had expected the decrease to 5 billion ...

08.08.2018 10:00:32

China has recorded a semi-annual current account deficit for the first time in 20 years

The negative current account deficit of China in the first half of the year amounted to 28 billion 300 million dollars, according to the data of the State Administration of Foreign Exchange of the PRC. The semi-annual deficit was recorded in ...

08.08.2018 10:00:32

Goldman Sachs plans to launch a service for digital money storing

Investment bank Goldman Sachs plans to launch a service for the storing of the assets of the cryptocurrency funds, which will reduce risks for investors, as well as attract new players to the digital money market, finversia.ru wrote with reference ...

08.08.2018 09:00:29

Banks that operate in the US, softened the standards of business lending

Banks that operate in the US in the second quarter softened the standards of business lending, the results of a survey of the Federal Reserve showed, in which senior credit officers of 94 American and foreign banks took part. Banks have softened ...

07.08.2018 15:00:54

Oil rose in price based on data on the decline in production by Saudi Arabia

On Monday, oil showed strong growth in the price based on reports of a reduction in production in Saudi Arabia. According to the Bloomberg agency, Saudi Arabia in July reduced oil production to 10 million 300 thousand barrels per day from 10 ...

07.08.2018 15:00:54

Experts expect the restoration of the value of gold by December to 1 thousand 300 dollars per troy ounce

The fall in gold prices is coming to an end, analysts at ICBC Standard Bank say. In their opinion, its price can be restored to $1,300 per troy ounce by December this year. Experts expect that in the third quarter gold prices will recover to ...

07.08.2018 15:00:54

Dutch postal operator intends to sell assets in Germany and Italy

PostNL, the Dutch postal operator, announced its intention to sell the German unit Postcon and the Italian division Nextive in order to focus on the markets of Belgium, the Netherlands and Luxembourg. The company revised its annual forecast, ...

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