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Company news

18.04.2018 14:00:06

Investors' confidence in Germany's economy declined significantly in April

In April, the index of investors 'and analysts' expectations in relation to German economy fell to minus 8.2 points for the next six months from 5.1 points in March, the ZEW research institute reported. Analysts had expected a decline to only ...

18.04.2018 13:00:07

De Beers sales declined in April by 8%

The global leader in diamond sales, De Beers, during the third site in 2018, according to preliminary data, has cut sales by 8% compared to the previous site to $520 million, according to Anglo American, which controls 85% of De Beers. In annual ...

18.04.2018 13:00:07

EIA predicts growth in oil production in the US for the fourth consecutive month

Shale oil production in the US in May 2018 will increase by 125,000 barrels per day and amount to 7 million barrels per day, the US Energy Information Administration predicts. The Arab service CNBC reports that production will grow for the ...

18.04.2018 13:00:07

UnitedHealth Group increased quarterly profit by almost a third

The largest in the field of medical insurance company in the United States, UnitedHealth Group, following the results of the first quarter, reported an increase in net profit by 31% in annual terms to $2 billion 840 million dollars. Excluding ...

18.04.2018 08:14:18

Oil prices finished week with maximum growth since July 2017

Prices of Brent crude oil since the beginning of last week rose by 7%, WTI - by 8%. This is the maximum growth rate since July last year. On Friday, the rise in prices was due to concerns about the escalation of the conflict in Syria. By 18:06 ...

18.04.2018 08:14:18

US consumer confidence fell in April more than forecasts

In April, the consumer confidence index in the US fell to 97.8 points from 101.4 points in March, according to preliminary data from the University of Michigan. The March value of the index was the maximum for 14 years. Experts had expected ...

18.04.2018 08:14:18

Wells Fargo net profit in the first quarter increased by 5.4%

The leader of the mortgage market and the second largest bank in the US, Wells Fargo, following the results of the first quarter, reported on the growth of net profit by 5.4% in annual terms to $5 billion 936 million. The bank's revenue decreased ...

18.04.2018 08:14:18

Largest contribution to the growth of oil production in 2018 among non-OPEC countries will be made by the USA, IEA predicts

The International Energy Agency has reported in its monthly report that in March the US outstripped Saudi Arabia in terms of oil production, which ranked second after Russia in this indicator. According to the IEA, in 2018, the United States ...

18.04.2018 08:14:18

Citigroup quarterly profit exceeded analysts' forecasts

In the first quarter, Citigroup, one of the largest US banks, increased its net profit to 4 billion 620 million dollars against 4 billion 100 million dollars for the same period last year. Revenue rose to 18 billion 870 million dollars from ...

18.04.2018 08:14:18

JPMorgan net profit in the first quarter rose 35%

In the first quarter, the largest in terms of assets bank in the US, JPMorgan, increased its net profit to 8 billion 710 million dollars from 6 billion 450 million dollars a year earlier. Revenues amounted to 28 billion 520 million dollars, ...

18.04.2018 08:14:18

Growth in lending in China in March was weaker than forecasts

This March, the volume of new bank lending in China rose to 1 trillion 120 billion yuan from 839 billion 300 million yuan in February, according to figures from the People's Bank of China. Experts had expected the figure at the level of 1 trillion ...

18.04.2018 08:14:18

Growth of consumer spending in the US accelerated in March

The growth of spending on everyday goods accelerated in March in the US, data on debit and credit cards of Bank of America showed. Retail sales, except for cars, increased in March at a faster pace. Compared to February, growth, seasonally ...

18.04.2018 08:14:18

S&P improved the outlook for Japan's ratings

International rating agency Standard&Poor's confirmed Japan's long-term sovereign credit rating at A +, short-term rating – at A-1 level and revised outlook on ratings from “stable” to “positive”, Bloomberg reported. Agency experts said ...

18.04.2018 08:14:18

New Zealand intends to prohibit oil exploration on the shelf

The authorities of New Zealand intend to prohibit the issuance of new permits for oil exploration on the shelf, seeking to escape from the use of hydrocarbons. As the Air Force writes, environmental groups have positively perceived this announcement. ...

18.04.2018 08:14:18

Retail sales growth in the US surpassed the forecast in March

Retail sales in the US rose in March by 0.6% compared to February, when a decline of 0.1% was recorded, according to the data of the country's Ministry of Trade. Analysts had expected an increase of 0.4%. Excluding cars, gasoline and building ...

18.04.2018 08:14:18

Bank of America increased quarterly profit by 30%

The second largest bank in the US, Bank of America, following the results of the first quarter, reported on the growth of net profit by 29.6% in annual terms to a record level of 6 billion 920 million dollars. Growth was facilitated by lower ...

18.04.2018 08:14:18

National Bank of Kazakhstan reduced the base rate to 9.25%

The National Bank of Kazakhstan has lowered the base rate for the third time this year. According to Daniyar Akishev, the head of the Central Bank, the base rate this time was reduced from 9.5% to 9.25% with the corridor +/- 1%. He noted: “This ...

18.04.2018 08:14:18

ECB asked Deutsche Bank to calculate the consequences of the exit from the investment business

The European Central Bank has asked Deutsche Bank to calculate the expenses and additional costs associated with the potential separation of the investment business, the Sueddeutsche Zeitung reported referring to informed sources. Last week, ...

18.04.2018 08:14:18

World's growth rate of house prices slowed down following the result of 2017

The pace of growth in housing prices around the world has slowed, according to a study by Knight Frank. The aggregate index following the results of 2017 averaged 4.5% compared with 6.6% in 2016. It is noted that growth in local markets is ...

18.04.2018 08:14:18

Deficit of qualified personnel hinders German economy growth

The growth of the German economy is hampered by the shortage of qualified personnel, the results of a study of the German Economic Institute have shown. According to the Rheinische Post newspaper, the German economy lacks about 440,000 qualified ...

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