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Company news

04.07.2018 09:00:12

Oil prices rose against the backdrop of problems in Libya, a reduction in stocks in the US and news about the growth in production in Saudi Arabia

By 15:01 Moscow time on Tuesday, september futures for Brent crude went up by 85 cents to 78 dollars 15 cents per barrel. August WTI crude oil futures added 89 cents and amounted to 74 dollars 83 cents per barrel. According to MarketWatch, ...

04.07.2018 09:00:12

Prices of European manufacturers in May rose at a maximum rate for the year

In May this year, prices of European manufacturers rose by 3% in annual terms, the Statistical Office Eurostat reported. Compared with the growth of 1.9% in April, the rise in May accelerated and became the maximum for the year. Relative to ...

02.07.2018 13:00:14

UK companies placed the bonds by a record 11 billion pounds sterling in May

In May 2018, British companies placed and sold new bonds for 11 billion pounds, which was a record volume of corporate obligations. As reported by the Bank of England, the purpose of corporate bonds placing was to finance mergers and acquisitions. ...

02.07.2018 13:00:14

The Central Bank of Brazil lowered the forecast for the country's economic growth for 2018

The Central Bank of Brazil lowered the country's GDP growth forecast for 2018 from 2.6% to 1.6% against the backdrop of a worsening economic situation in the second quarter of this year. The Central Bank also raised the inflation forecast for ...

02.07.2018 13:00:14

Central Bank of Indonesia raised the key rate for the third time in 6 weeks

Following the results of the meeting, the Central Bank of Indonesia raised the rate of 7-day REPO by 50 basis points to 5.25%. Also, the interest rate on loans was also increased by 50 points - up to 6%, and the rate on deposits - up to 4.5%. ...

02.07.2018 13:00:14

Inflation in the euro area accelerated to 2% in June

Consumer prices in the euro area grew by 2% in June in annual terms, reaching the European Central Bank's growth target for the first time since February 2017. This is evidenced by preliminary data from the Statistical Office of Eurostat. The ...

02.07.2018 13:00:14

Quarterly estimate of GDP growth in Britain was left at the level of 1.2%

According to the Office for National Statistics, the final estimate of the UK GDP growth for the first quarter is confirmed at 1.2% in annual terms, which is the weakest growth rate of the British economy since the second quarter of 2012. Compared ...

02.07.2018 13:00:14

The Government of Canada has introduced import duties on American goods starting from July 1

The Ministry of Foreign Affairs of Canada stated that the government, starting from July 1, 2018, introduced “moderate and proportionate measures” in the amount of 16 billion 600 million Canadian dollars for steel, aluminum and other products ...

02.07.2018 12:00:23

The GDP of Georgia increased by 7.5% in May

The economy of Georgia grew by 7.5% in May, having recorded the highest growth in annual terms over the past few years, according to the National Statistical Service of the country. This was announced at a briefing by the Prime Minister of ...

02.07.2018 12:00:23

Citigroup will return customers $335 million for overpayment on credit cards

Citigroup, one of the largest banks in the US, independently identified overpayment of customers with their credit cards in total of $335 million and informed the American Bureau of Consumer Protection in the financial sector. The regulator ...

02.07.2018 12:00:23

Oil finished a week, a month, a quarter and half a year in positive territory

Following the results of the past week, Brent crude rose by 5.2% , of the month - by 2%, and of the quarter – by 16%. Since the beginning of the year its price has increased by 22%. The price of WTI oil for the week increased by 8.3%, for the ...

02.07.2018 12:00:23

Growth in consumer confidence in the US was weaker than forecasts in June

In June, the US consumer confidence index rose to 98.2 points from 98 points in May, according to the final data from the University of Michigan. Experts had expected the index to rise to 99 points. The ratio of US citizens to the current financial ...

29.06.2018 13:00:12

Consolidated confidence index in the euro area declined in June, but exceeded the forecasts

The consolidated index of business and consumer confidence in the euro area economy fell in June to 112.3 points from 112.5 points in the previous month, noting the minimum value for 10 months, according to the data of the European Commission. ...

29.06.2018 13:00:11

Japanese Line plans to launch a cryptocurrency exchange in Singapore

Japanese corporation Line, which owns the most popular instant messenger in the country, is preparing to launch a cryptocurrency exchange in Singapore next month. According to the Financial Times, the company intends to gain an advantage over ...

29.06.2018 13:00:11

The US Justice Department approved a deal of purchasing the 21st Century Fox assets by Walt Disney

The American conglomerate Walt Disney reported that the Antitrust Division of the the US Department of Justice approved a deal to acquire the assets of Rupert Murdoch's 21st Century Fox. At the same time Walt Disney must fulfill the condition, ...

29.06.2018 13:00:11

Automakers warned about negative consequences of application of 25% duties for the US economy

Two major automobile trading groups warned the administration of President Donald Trump that the application of 25% duty on imported cars would lead to the loss of hundreds of thousands of jobs in the sector and significantly raise prices. ...

29.06.2018 13:00:11

Car production in the UK rose in May

In May this year, production of cars in the UK increased by 1.3% in annual terms to 137 thousand 225 units due to domestic demand, the Society of Motor Manufacturers and Traders said. The production for domestic buyers increased by 12.8%. At ...

29.06.2018 13:00:11

Inflation in Germany slowed to 2.1% in June

Consumer prices in Germany, calculated according to the standards of the European Union, increased in June by 2.1% in annual terms after the increase by 2.2% in the previous month, according to preliminary data from the Federal Statistical ...

29.06.2018 13:00:11

The number of applications for unemployment benefits in the US exceeded the forecasts

Last week, the number of the US citizens, who had applied for unemployment benefits for the first time, increased by 9,000 to 227, the country's Ministry of Labor reported. Analysts had predicted that the figure would increase to 220 thousand. ...

29.06.2018 12:00:26

The oil market moved to growth on fears of interruptions in fuel supplies from the ports of Libya

On Wednesday, oil prices rose on fears of interruptions in fuel supplies from ports of Libya. The chairman of the board of directors of the Libyan national oil and gas corporation National Oil, Mustafa Sanallah, expressed concern that the US ...

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