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Analysts at JPMorgan Chase recommend buying Swiss franc, Singapore dollar and US dollar, as well as the Japanese yen in the event of a global recession or downturn in the US economy. In this case, they believe that it is necessary to get rid ...
In the first half of the year, the German automotive concern Volkswagen increased the supply of cars by 6.3% in annual terms to 3 million 119 thousand cars. Car sales increased in Europe by 8.7%. The growth rate in Western Europe was 8.3%, ...
Dominic Raab was appointed as the new Brexit Minister after Prime Minister Teresa May accepted the resignation of David Davis, Bloomberg reports. Prior to his new appointment, Dominik Raab served as Minister for Housing. David Davis, who expressed ...
In connection with the restoration of US sanctions against Iran in the coming months, Tehran plans to withdraw 300 million euros in cash from an account in Germany and send them by air to Iran, the German edition of Bild reported, citing unnamed ...
On Monday, gold rose in price to a maximum of nearly two weeks against the background of the yuan strengthening and the weakening of the US dollar, as well as in connection with the closing of short positions by investors. In the morning on ...
The National Bank of Kazakhstan said that the base rate was maintained at 9% per annum, the liquidity provision rate remained at 10%, the liquidity withdrawal rate was at the level of 8%. In its message, the regulator notes the continued gradual ...
On Monday, Samsung Electronics, the South Korean electronics manufacturer, held the official opening ceremony of the world's largest factory for the production of mobile phones in India. The plant can produce up to 120 million smartphones per ...
The Cabinet of Ministers of Great Britain came to a collective agreement on Brexit. This was announced by British Prime Minister Teresa May after a 12-hour government meeting. According to the BBC, the ministers approved a plan that envisages ...
In June, the unemployment rate in Canada rose to 6% from 5.8% in May, the statistics showed. Analysts did not expect a change in the May level, which had stayed in the country for four months in a row. The number of jobs increased by 31 thousand ...
In the first half of the year, Volvo Cars, the Swedish manufacturer of premium cars, increased sales by 14.4% in annual terms to a record 317 thousand 639 cars. Growth was noted in all three key markets of Volvo Cars - in the US, China and ...
Over the past week, Brent crude oil prices have decreased by 2.8%, WTI - by 0.9%, according to FactSet. Thus, oil remained in the red for the first time in 3 weeks. On Friday, oil prices showed mixed dynamics. By 18:01 Moscow time, the price ...
The European Union is working to expand the mandate of the European Investment Bank for lending to Iran in the conditions of US sanctions, the Joint Commission of the Joint Comprehensive Plan of Action reported. The statement says that the ...
Cboe Europe, operator of the largest stock exchange in Europe, and the inter-dealer broker TP ICAP are planning to establish bases in the European Union in order to guarantee their continued access to the markets of the region after Brexit. ...
Inflation in Turkey sharply accelerated in June to 15.39% in annual terms from 12.15% in May against the backdrop of rising costs of food and transportation services, official data show. Compared to the previous month, prices increased by 2.61%. ...
Retail sales in the euro area remained in May this year at the level of April, according to the data of the Statistical Office Eurostat. In comparison with May of the last year, the growth of retail sales was 1.4%. Experts had expected the ...
The British construction industry, which accounts for 6% of the country's economic output, rose in June at the fastest pace in 7 months, according to Reuters. The IHS Markit/CIPS purchasing managers' index in the construction sector of Great ...
A few days after the reduction of import duties by China, India reduced import duties for 3,142 goods from China and five other countries in the Asia-Pacific region, according to Business Standard. Both countries have lowered tariffs as part ...
A group of European banks has conducted a number of financial transactions in real time mode on a jointly developed digital platform named we.trade using blockchain technology, finversia.ru writes with reference to the Coindesk message. During ...
Michael Saunders, a member of the Bank of England's Monetary Policy Committee, said that the British Central Bank may be forced to raise interest rates in the coming years faster than the market expects. Saunders believes that there may not ...
Lyft, the American taxi service, announced the purchase of the largest in the US bicycle rental operator Motivate. According to The Information, the amount of the contract can be about 250 million dollars. In 2017, Motivate accounted for 80% ...
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