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Company news

27.06.2018 10:00:13

The government debt of Germany declined by 2% in the first quarter

The government debt of Germany decreased in the first quarter by 40 billion 100 million euros to 1 trillion 950 billion euros, the Federal Statistical Office of Destatis reported. Last year, the absolute volume of debt and the debt burden on ...

27.06.2018 10:00:13

The volume of investment in the automotive sector of Britain fell by half in six months

The volume of investments in the automotive sector of the United Kingdom for the six months of this year fell by half compared to the same period last year and amounted to 347 million 300 thousand pounds sterling, according to the British Society ...

26.06.2018 09:00:10

Shell and Exxon Mobil will not claim compensation for the gas production suspending at the Groningen field

Dutch Economy Minister Eric Wiebes said that energy companies Royal Ditch Shell and Exxon Mobil would not demand compensation for lost revenues due to the decision of the Dutch government to suspend gas production at the Groningen field, which ...

26.06.2018 09:00:10

Sharp increase in the sales of new buildings was observed in the US in May

Sales of new homes in the US rose in May, taking into account seasonal fluctuations of 6.7% compared to April, and reached the highest level since November 2017 at 689 thousand units, the country's Ministry of Trade reported. Economists had ...

26.06.2018 08:00:18

Goldman Sachs predicts a shortage of oil in the North American market throughout July

Stopping of oil production at the Syncrude Canada can lead to a fuel shortage in the North American market throughout July, analysts at Goldman Sachs said. The company produced about 360 thousand barrels of oil per day. Last week, work at the ...

26.06.2018 08:00:18

Bank of Lithuania expects the country's GDP growth to slow down to 2.7% in 2019

In 2019, the Bank of Lithuania expects the slowdown of the country's GDP growth to 2.7%. For the current year, the forecast for the recovery of the Lithuanian economy is kept at the level of 3.2%. According to the estimator of the regulator, ...

26.06.2018 08:00:18

Business confidence index in Germany is at a minimum for the year

The index of German entrepreneurs' confidence in the economy of the country in June 2018 decreased to 101.8 points from 102.3 points in May, calculations of the research institute Ifo showed. The decrease in the indicator is due to the growth ...

26.06.2018 08:00:18

Bitcoin has grown in price after falling below 6 thousand dollars

On Monday, the price of bitcoin rose as part of the correction after the news about the breaking of the largest South Korean cryptocurrency exchanges, which provoked a significant reduction in the price of bitcoin, the finversia.ru project ...

26.06.2018 08:00:18

Harley-Davidson intends to withdraw part of the production from the US and not to raise prices due to EU duties

The American motorcycle manufacturer Harley-Davidson will not raise wholesale and recommended retail prices to compensate for duties imposed by the EU in response to US actions in the steel and aluminum markets. The company will be forced to ...

26.06.2018 08:00:18

EU companies cut investment in the UK

A poll of 800 company executives from 6 EU countries, conducted by law firm Baker McKenzie, showed that about half of the respondents said that their companies reduced investments in the UK, Bloomberg reports. Last week, Airbus reported that ...

26.06.2018 08:00:18

EU regulator said that European credit institutions are not ready for “hard” Brexit

The European Banking Administration stated that EU credit institutions are not really ready for the “hard” Brexit, as their plans do not sufficiently take into account the probability of a UK exit from the EU without a full-fledged trade agreement ...

26.06.2018 08:00:18

Gold prices are at a minimum of six months

On Monday, gold prices stabilized at a minimum of six months. Fears of the investors about trade wars intensified after reports of the US plans to ban Chinese companies from investing in US technology companies, Reuters reports. As the government ...

25.06.2018 12:00:19

Quarterly adjusted earnings and revenue of BlackBerry exceeded expectations

Following the results of the first fiscal quarter ended May 31, Canadian software maker BlackBerry posted a net loss of $60 million compared with a net profit of $671 million a year earlier. At the same time, the adjusted profit of BlackBerry ...

25.06.2018 12:00:19

Retail sales in Canada declined by 1.2% in April

In April 2018, retail sales in Canada fell by 1.2% compared to March, when their growth was 0.8%, to 49 billion 546 million Canadian dollars, according to the statistics of the country. Analysts had expected a zero change in the indicator. ...

25.06.2018 12:00:19

Almost half of the British supports the referendum on the final deal with the EU

The holding of the referendum in the UK on the final agreement between Britain and the EU on the exit of the country from the European Union is supported by 48% of Survation poll participants. At the same time, 25% of respondents oppose this ...

25.06.2018 12:00:19

Tencent launched a digital platform for bond traders

Tencent Holdings, in partnership with a financial start-up, founded by its former employee, has launched a digital platform for transactions with Chinese bonds, Bloomberg reports. The platform of the Chinese Internet giant Tencent was called ...

25.06.2018 12:00:19

EU countries did not support the creation of a unified budget for the euro area

French President Emmanuel Macron and German Chancellor Angela Merkel have taken the initiative to create a common budget for the euro area. However, 12 countries of the European Union opposed this project, the Financial Times reported referring ...

25.06.2018 12:00:19

Business activity in the euro area in June accelerated its growth rates

The composite business activity index of 19 eurozone countries rose in June to 54.8 points from 54.1 points in May, driven by growth in services, preliminary data from IHS Markit showed. Analysts had predicted a decline in the index to 53.9 ...

25.06.2018 12:00:19

Tesla intends to reduce the sales of solar panels

The American company Tesla will partially reduce the business of sale and installation of solar panels, Reuters reports citing internal documents of former and current employees of the company. To reduce costs and achieve profitability, last ...

25.06.2018 11:00:09

BMW and Airbus are ready to move production outside of Britain

German BMW and French Airbus said they will transfer production outside the UK if London does not soon agree on terms for withdrawal from the EU, the BBC reported. The head of the British branch of BMW, Ian Robertson, said that the company, ...

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