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Vice President of the European Commission, Valdis Dombrovskis, said at a press conference that the European Commission recommended that France reject the procedure of compulsory reduction of the budget deficit. He noted that under this procedure, ...
The Japanese telecommunications media corporation SoftBank Group announced that it had agreed to sell its stake in the Indian Flipkart Group, the world's largest e-commerce company, to the American corporation Walmart. According to Dow Jones, ...
China from the end of June will significantly simplify the registration of enterprises with the participation of foreign investment, in order to increase the inflow of foreign funds into the country. Innovations that, according to the requirements ...
Despite the maximum for 10 years rise of the eurozone economy in 2017, the growth rate of corporate profits in Europe lags far behind the United States, The Wall Street Journal writes. The profits of the companies from the S & P 500 index ...
The world's second largest jewelry retailer, Tiffany, in the first financial quarter ended April, increased its net profit by 53% year-on-year to 142 million 300 thousand dollars. The US company's revenue amounted to 1 billion 33 million dollars, ...
The growth in real GDP of the countries that are members of the Organization for Economic Cooperation and Development in the first quarter of 2018 slowed to 0.5% compared with the 0.6% rise in the previous quarter. Among the G7 countries, growth ...
The British financial conglomerate Barclays is exploring the possibility of merging with competitors, the media write. According to The Financial Times, citing sources, Barclays is considering a potential merger with Standard Chartered, which ...
The British chain of department stores Marks & Spencer Group following the results of the financial year, which ended March 31, reported about the drop in pre-tax profit by 62%, or 2.6 times, to 66 million 800 thousand pounds sterling. ...
Consumer prices in the UK rose in April by 0.4% compared to March, when growth was 0.1%. In annual terms, inflation slowed to 2.4% from 2.5%, according to the Office for National Statistics. Analysts had predicted the growth of the first indicator ...
The number of holders of British passports, who became citizens of Germany, increased by 162% in 2017 against the background of the forthcoming UK withdrawal from the EU next year, the German Office for Federal Statistics said. The total number ...
The State Council of China decided to lower the duty on the import of cars from 25%, operating for more than 10 years, to 15%, Bloomberg reports with reference to informed sources. Decrease in the duty on import of cars is a favorable factor ...
On Tuesday, oil prices updated a maximum of 3.5 years on investors' concerns about future supplies from Iran and Venezuela in connection with the prospects for the introduction of US sanctions against the two countries, according to MarketWatch. ...
The Bundesbank said that the growth of Europe's largest economy remains stable, Reuters reports. The monthly report of the Central Bank says that, despite some weakening of the general momentum in the first quarter, further acceleration of ...
Member of the Bank of England, Gertjan Vlieghe, expects for the next three years the higher number of interest rate increases than the market suggests, Reuters reports. In his opinion, “interest rates will increase by 25-50 basis points per ...
The representative of the European Central Bank, Erkki Liikanen, speaking in the Parliament of Finland, said that it will take time for the basic inflation in the euro area to affect the acceleration and support the growth of the overall inflation. ...
The countries of the European Union are trying to create new alliances amid increased trade tensions with the United States and are planning to start free trade negotiations with Australia and New Zealand, Reuters reports. The EU expects that ...
The pre-tax profit of the British television and film company Entertainment One for 12 months ended March 31, more than doubled to 77 million 600 thousand pounds due to the popularity of the animated series “Peppa Pig” in China, the finversia.ru ...
The Australian oil and gas company Santos rejected the offer of the US private equity fund Harbour Energy to purchase Santos for 10 billion 860 million dollars. In a press release, Santos said that the proposal “does not reflect the full value ...
Industrial orders in the UK declined in May to the lowest level since the end of 2016. As a survey of the Confederation of British Industrialists showed, the monthly balance of industrial orders fell in May to minus 3 points from plus 4 points ...
In March 2018, wholesale sales in Canada grew by 1.1% to 62 billion 800 million US dollars after a decline in February. Without taking into account the subsector of cars and spare parts, where the biggest increase was recorded, wholesale sales ...
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