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The European Commission allowed the international concern ArcelorMittal to acquire the Italian steel producer Ilva, Deutsche Welle reports. According to the EU Commissioner for Competition, Margrethe Vestager, this transaction will not have ...
Norwegian consulting company Rystad Energy predicts that the number of approved offshore projects in 2018 will grow to 100 compared with 60 projects in 2017, which will contribute to the current rise in the oil market. According to еру experts ...
The introduction of the US steel duties has led to an increase in the volume of this metal in the European market, as some producers redirect their products to the EU countries. This was stated by the chairman of the Economic Association of ...
Japanese regulators are trying to prevent new problems after the hacking in January of the Coincheck exchange. They announced a tightening of the regulation of crypto exchanges. The financial services agency of Japan will introduce more stringent ...
Wells Fargo reported that it had settled a securities fraud lawsuit for 480 million dollars, the finversia.ru project wrote with reference to Dow Jones. Settlement for this amount, accrued as of March 31, has not yet been approved by the District ...
The world's largest management company in the field of alternative investments, Blackstone Group, announced the conclusion of an agreement on the acquisition of the real estate investment fund Gramercy Property Trust for 7.6 billion dollars. ...
China's foreign exchange reserves, which are the largest in the world, declined in April by 0.6% from March to 3 trillion 124 billion 850 million dollars, which is the minimum figure for 5 months, according to the data of the People's Bank ...
According to the results of the first quarter, industrial production in Latvia increased by 4.5% compared to the same quarter last year, data of the Office for Central Statistics showed. Production in the manufacturing industry increased by ...
Iran, against which the US can restore sanctions, opposed the increase in oil prices. As Bloomberg reports, this is a signal of a split with other OPEC members. Iran's political rival, Saudi Arabia, supports OPEC's readiness to continue the ...
The GDP of Armenia in the first quarter grew by 10.6% in annual terms, the country's Office for National Statistics reported. The volume of industrial production increased by 8.2%. The growth of agricultural production was 2.2%, growth in construction ...
Unemployment in the US in April fell below 4% for the first time since 2000 to 3.9%. During the previous 6 months, unemployment was at the level of 4.1%. According to the US Department of Labor, the number of jobs in the US economy in April ...
China's Internet giant Alibaba Group Holding in the fourth fiscal quarter, ended in March, reduced its net profit by 33% to 7 billion 561 million yuan in connection with a large one-time financial income in the same quarter a year earlier. ...
Consumer prices in the countries of the Organization for Economic Co-operation and Development rose 2.3% in annual terms in March, compared to a rise of 2.2% a month earlier. The price of energy carriers increased by 5.3%, food - by 1.7%. Excluding ...
The International Consolidated Airline Group, which includes British Airway, in the first quarter of 2018 increased its net profit by 13.4 times year on year to 794 million euros. Operating profit was 919 million euros, up from 141 million ...
The French bank Societe Generale in the first quarter of this year increased its net profit by 13.8% year-on-year to 850 million euros. Experts had predicted the figure at 811.5 million euros. Quarterly revenue of the bank amounted to 6 billion ...
In March of this year, retail sales in the euro area grew by 0.1% compared to February, when their rise was 0.3%, data of the Statistical Office Eurostat showed. In annual terms, growth was 0.8%. Analysts had expected an increase in the first ...
Sales of cars in Western Europe in April grew by 9.1% year-on-year to 1 million 220 thousand cars, according to industry data collected by the automobile agency LMC. The growth of the index was promoted by the days allocated this year for the ...
The National Institute for Economic and Social Research lowered the UK's economic growth forecast for 2018 to 1.4% from the previously expected 1.8% rise after a weak GDP growth in the first quarter - just 0.1%. NIERS economist, Amit Kara, ...
Shares of Lenovo, the Chinese manufacturer of personal computers and electronics, due to a sharp drop in quotes will be excluded from the Hang Seng Index on June 4, Bloomberg reports. Instead, the index will include the papers of the pharmaceutical ...
Following the results of last week, oil showed growth: Brent grew by 0.7%, WTI - by 1.3%. On Friday, oil also showed growth as the timing of consideration of the US participation in the agreement on Iran's nuclear program approached. If the ...
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