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On Monday, reports that Sergio Marchionne prematurely depart from the management of automobile companies Fiat Chrysler and Ferrari caused the fall in company shares by more than 5%, Reuters writes. As reported on Saturday by Fiat Chrysler, ...
Saudi Arabian state-owned oil company Saudi Aramco will acquire a controlling stake in SABIC, two sources familiar with the situation told Reuters. According to sources, the company can acquire all 70% of shares owned by the sovereign fund ...
The consumer confidence index for the Turkish economy rose in July to 73.1 points from 70.3 points in June, according to a survey conducted by the Turkish Statistical Institute. The indicator has improved to the highest level since October ...
By the end of 2030, two-thirds of the Honda cars sold will be electrified, the Japanese company, which is active in the field of electric cars, said. Honda recently entered into a multi-year agreement with General Motors to create a new generation ...
SIAC Motor Corp., the largest Chinese automaker, increased sales by 10.9% year-on-year to 3.5 million vehicles in the first half of the year. It is reported that in June, 554 thousand 100 cars were sold, which is 7.2% more than a year earlier. ...
The world's largest producer of platinum, Anglo American Platinum, agreed with the Swiss Glencore to purchase its 39 percent stake in the South African joint venture Mototolo. Under the terms of the deal, Anglo American will pay a fee that ...
Oil prices began to rise on Monday based on tough statements by the US and Iran, Bloomberg reports. US Secretary of State Mike Pompeo said that Washington will continue to put tough pressure on Tehran and urged other states to join it. As the ...
Chinese companies have increasingly turned to other countries, as the investment of mainland China is subjected to more careful consideration in the US and Europe. According to CNBC, Chinese companies are now increasing their investments in ...
SoftBank Vision Fund, created by the Japanese corporation SoftBank Group, and the Chinese group Sense Time are working on the terms of the deal on the Japanese fund's acquisition of a stake in the world's most expensive startup engaged in artificial ...
In the second quarter of 2018, shipments of personal computers in the world increased by 2.7% in annual terms and amounted to 62 million 270 thousand units, according to the International Data Corporation. Quarterly growth rates have become ...
The deficit of the state budget in the euro area in the first quarter was 0.1% in relation to GDP, declining from 0.6% in the fourth quarter of 2017, the data of the Statistical Office Eurostat showed. According to the European Union as a whole, ...
In the first fiscal quarter ended June, revenue of the second-largest producer of alcohol in France Remy Cointreau increased by 0.5% in annual terms to 241.5 million euros, despite the adverse impact of changes in exchange rates. Organic revenue ...
One of the world's largest oilfield services companies Schlumberger recorded a net profit of $430 million in the second quarter compared to a loss of $74 million a year earlier. Adjusted earnings were 43 cents per share, compared to 35 cents ...
In the first half of 2018, the French fashion house Hermes increased its revenue without taking into account the change in the exchange rates by 11.2% in annual terms to 2 billion 853 million euros against the background of improved performance ...
In May of this year, the volume of retail sales in Canada increased by 2% compared to the previous month to 50 billion 756 million Canadian dollars, according to the statistics of the country. Experts had expected growth of only 1%. Compared ...
In the second quarter, the American multidisciplinary company General Electric reduced its net profit by 34% in annual terms, or 1.5 times, to $669 billion. Adjusted earnings from continuing operations were 19 cents per share, which was better ...
Chinese companies are planning to move production to Vietnam or other countries of southeast Asia, fearing an intensification of the trade dispute between China and the US, the Financial Times writes. China took a mirror action against American ...
The British-Dutch company Unilever, which produces consumer goods, following the results of the second quarter reported on the growth of basic sales by 1.9%, not justifying the forecasts of analysts who had expected growth of 2.3%. The quarterly ...
On Thursday, oil prices moved to a sharp decline, as market participants continued to evaluate statistics on commercial hydrocarbon reserves and oil production in the US. According to the US Department of Energy, commodity stocks of oil in ...
Irish budget carrier Ryanair Holdings said that because of the strike of flight attendants in Spain, Portugal and Belgium it will cancel up to 300 flights a day in these countries on July 25 and 26. Cabin Crew United said that in the last 7 ...
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