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Company news

02.05.2018 11:00:09

GDP growth in the UK in the first quarter was the worst since the end of 2012

In the first quarter, the UK economy increased by 0.1% in annual terms, showing the weakest growth since the end of 2012, which was due to snow weather that affected the volume of construction and retail sales. This is evidenced by preliminary ...

02.05.2018 11:00:09

Daimler's net profit in the first quarter decreased by 11%

German automotive concern Daimler in the first quarter reduced its net profit by 11% in annual terms to 2 billion 270 million euros. EBIT fell to 3.3 billion euros from 3.8 billion euros a year earlier. Sales of cars grew by 7% to 806 thousand ...

02.05.2018 10:00:08

Exxon Mobil's hydrocarbon production in the first quarter was the lowest for this period since 1999

The largest public oil and gas company of the US, Exxon Mobil, reported that in the first quarter, hydrocarbon production in terms of oil equivalent decreased by 6% to 3 million 889 thousand barrels per day due to production failures. The extraction ...

02.05.2018 10:00:08

US economy in the first quarter increased by 2.3%

The US GDP in the first quarter grew by 2.3% in annual terms, preliminary data from the Ministry of Commerce showed. Compared to growth in the fourth quarter of 2017, the rate of economic growth slowed by 2.9%. Nevertheless, the dynamics turned ...

02.05.2018 10:00:08

Growth rate of Taiwan's GDP in the first quarter slowed to 3.04%

The economy of Taiwan in the first quarter of 2018 increased by 3.04% compared to the previous quarter, when GDP growth was 3.28%, according to the national statistical office of the country. Experts had expected growth in the first quarter ...

02.05.2018 10:00:08

Spain GDP in the first quarter grew by 0.7%

In the first quarter of 2018, Spain's economy grew by 0.7% compared to the previous quarter, according to preliminary data from the national statistical agency. The GDP growth in comparison with the fourth quarter of 2017 did not change. The ...

02.05.2018 10:00:08

Airbus cut its quarterly profit by 31%

In the first quarter, net profit of the European aerospace corporation Airbus Group decreased by 31% in annual terms to 283 million euros. The profit before tax and interest payments fell to 199 million euros. Adjusted EBIT was 14 million euros ...

02.05.2018 10:00:08

Confidence in the eurozone economy in April exceeded forecasts

In April, the consolidated index of business and consumer confidence in the euro area economy amounted to 112.7 points, coinciding with the revised value of the index for March, according to the European Commission. Analysts had expected a ...

02.05.2018 09:00:07

World volume of direct foreign investments fell by 18% in 2017

Foreign direct investment in the world fell by 18% in 2017 and amounted to 1 trillion 411 billion dollars due to lower restructuring companies, the Organization for Economic Cooperation and Development said. The indicator fell to 1.8% of world ...

02.05.2018 09:00:07

Consumer confidence in the US declined in April

In April 2018, the consumer confidence index in the United States was 98.8 points, dropping from 101.4 points in March, the final data of the University of Michigan showed. Experts had expected the index to drop to 98 points. The indicator ...

27.04.2018 13:00:09

Ford net profit in the first quarter increased by 9%

The second largest automaker of the US, Ford Motors, following the results of the first quarter, reported on the growth of net profit by 9% to 1 billion 750 million dollars. Adjusted profit was 43 cents per share, which was higher than analysts' ...

27.04.2018 13:00:09

Barclays suffered losses in the first quarter due to fines in the US

British bank Barclays reported that in the first quarter it had recorded a net loss of 764 million pounds sterling against a profit of 190 million pounds over the same period last year due to fines imposed by the US authorities. Quarterly revenues ...

27.04.2018 13:00:09

Volkswagen reported a decrease in quarterly profit

In the first quarter of 2018, the German autoconcern Volkswagen reduced its net profit to 3.3 billion euros from 3.4 billion euros a year earlier. Operating profit amounted to 4.2 billion euros, decreased by 3.6%. Quarterly revenue increased ...

27.04.2018 13:00:09

ECB left the stakes unchanged again

The European Central Bank has kept the main refinancing rate unchanged - at zero level. The deposit rate remained at the level of minus 0.4%. According to the economists, the program of buying bonds will end this year. Most of them still expect ...

27.04.2018 13:00:09

British automakers reduced the production of cars by more than 6%

The production of cars in the UK in the first quarter of 2018 decreased by 6.3% in annual terms to 440 thousand 426 cars on concerns about future diesel cars and export prospects after Brexit, the Society of Motor Manufacturers & Traders ...

27.04.2018 13:00:08

Number of applications for unemployment benefits decreased to a minimum since 1969

Last week, the number of US citizens, who had applied for unemployment benefits for the first time, fell by 24 thousand to a minimum in 1969 of 209,000, the Ministry of Labor said. The indicator several times exceeded the forecasts of analysts, ...

27.04.2018 13:00:08

Fiat Chrysler net profit in the first quarter increased 1.6 times

Automotive concern Fiat Chrysler Automobile, following the results of the first quarter, reported on the increase in its net profit by 59%, or 1.6 times, in annual terms to 1 billion 20 million euros due to strong operating performance and ...

27.04.2018 13:00:08

ConocoPhillips increased its quarterly profit 1.5 times

The American oil and gas company, ConocoPhillips, increased its net profit 1.5 times in the first quarter compared to the same period last year to $888 million, the finversia.ru project writes with reference to the company's accounts. Quarterly ...

27.04.2018 12:00:10

General Motors completed the first quarter with decline in net profit by 2.6 times

In the first quarter, the largest US automotive concern General Motors reduced its net profit by 60%, or 2.6 times, in annual terms due to high restructuring expenses in South Korea in the amount of almost $1 billion and a decrease in production ...

27.04.2018 12:00:10

Quarterly loss of Lufthansa fell by 16%

The net loss of German airline Deutsche Lufthansa in the first quarter decreased by 16% to 57 million euros compared to a loss of 68 million euros a year earlier. Adjusted EBIT increased from 25 million euros to 26 million euros, being three ...

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