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The German autoconcern Volkswagen and American automaker Ford Motors are considering the possibility of creating a strategic alliance to enhance the competitiveness of both companies. To this end, the companies signed a joint memorandum. The ...
The Chinese bond market is the third largest in the world, and it continues to grow rapidly. In May 2018, China's issuers issued bonds totaling 3 trillion 800 billion yuan, which is 5.5% more than in April, the People's Bank of China said. ...
The increase in the rate of the Bank of England in August is expected by less than 55% of analysts who took part in the Bloomberg survey, while in May their share was 60%. The protocols of the June meeting of the Bank of England, which will ...
The initial placement of shares of the Chinese manufacturer of smartphones, Xiaomi, will be held this week on the Hong Kong Stock Exchange, sources familiar with the situation told Reuters. They note that the company's value has been reduced ...
Both benchmark oil brands fell in price on Tuesday due to concerns over a new round of the US-China trade conflict. August futures for Brent crude by 14:02 Moscow time fell 48 cents to 74 dollars 86 cents a barrel. The price of July WTI crude ...
A lot of companies are interested in purchasing Norwegian Air Shuttle, Bloomberg reports referring to the management of the Norwegian airline. Two proposals by IAG, which owns British Airline, have already been rejected. Lufthansa also intends ...
In April, the current account surplus in the euro area amounted to 28 billion 400 million euros, having been reduced to a minimum since June 2017, the European Central Bank reported. The commodity trade surplus amounted to 21 billion euros, ...
The Swiss State Secretariat for Economic Affairs expects that the Swiss economy this year will expand due to a strong global economy and favorable exchange rate changes that increase the demand for domestic products. According to the forecast, ...
On Tuesday, the fall in prices for steel and iron ore hit record lows since March this year on the background of increased fears of the beginning of trade wars. In Shanghai, futures for steel reinforcement fell 4.3% at a record pace since March ...
The head of the European Central Bank, Mario Draghi, speaking at the forum of central banks in Portugal, said that the ECB would be leery of choosing the time for raising the base interest rate. He said: “We will be patient in determining the ...
In 2017, the combined wealth of all dollar millionaires in the world grew by 10.6%, for the first time exceeding $70 trillion, according to a survey by Capgemini. The growth of the number of wealthy people in the world amounted to 1 million ...
In April 2018, construction volumes in the euro area increased by 1.8% compared to March, when the index fell by 0.2%, according to Eurostat. Compared with April 2017, construction volumes also rose by 1.8%. The growth in construction in the ...
Retail sales in the US rose in May this year by 0.8% against growth of 0.4% in the previous month, data of the country's Ministry of Trade showed. Analysts had predicted an increase in sales by 0.4%. In annual terms, the indicator grew by 5.9%. ...
In the first quarter of 2018, global supplies of virtual reality headsets increased by 16% year-on-year to 650,000 units, experts from Canalys said. The growth in supply was facilitated by the high demand for standalone VR headsets in selected ...
The Japanese corporation SoftBank Group plans to invest from 60 to 100 billion dollars in the production of solar energy in India. As the Japanese public television channel NHK reported, it is expected that an official agreement between SoftBank ...
The US retained its leadership in terms of recoverable oil reserves in 2017, increasing them by almost 50 billion barrels to 310 billion barrels, the Norwegian consulting company Rystad Energy reported. The growth of oil reserves in the US ...
Nickel stocks, tracked by the Shanghai Futures Exchange, fell by 5% last week to 29,120 tonnes, updating the minimum since November 2015, the trading data showed. The fall in stocks has not stopped since January this year. Zinc reserves increased ...
The economy of Belarus for the period from January to May this year in comparable prices rose by 4.7% in annual terms to 44 billion 900 million BYN, the National Statistics Committee Belstat reported. Compared with the rise of 5.1% in the first ...
The consumer confidence index in the US in June was 99.3%, dropping from the May level of 98 points, according to data from the University of Michigan. Analysts had expected growth of just 98.5 points. The indicator that determines the attitude ...
Between January and May, China's total foreign direct investment in the non-financial sector increased by 38.5% year-on-year to $47 billion 890 million, according to the Ministry of Commerce. Since the beginning of this year, Chinese investors ...
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