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Company news

24.07.2019 08:02:18

U.S. real estate sales dropped more than expected

Home sales in the US reduced in June more than analysts expected. The properties shortage led to the prices growth to its maximum. Experts suggest that the real estate market was fighting to restore its speed. Sales in real estate fell ...

24.07.2019 08:02:18

Asian shares rose on Wednesday, euro hit lows

Asia stocks increased which was caused by changes in U.S.-China relations. At the same time, the euro updated its lows and the ECB is going to ease monetary policy. American Trade Representative is coming to Shanghai next week to meet China’s ...

23.07.2019 14:02:28

Millions of oil barrels got stuck in China’s ports

Barrels of Iranian oil are offloaded in Chinese ports for storage. Thus, the biggest oil customer now got a hoard of oil near its boundaries. In April, the White House banned the Iranian oil, so the nation’s crude is being sent to China. ...

23.07.2019 14:02:28

Hasbro ended Q2 with revenues that exceeded expectations

Toys producer Hasbro reported Q2 revenues that beat experts’ expectations on Tuesday. It’s also reported that earning topped analysts’ forecasts. The company’s leaders said earning per share was $0,78 while revenues ...

23.07.2019 14:02:27

China has added new rules to regulate the banks ownership

The Chinese government has intensified ownership regulations of commercial banks. The regulators tightened a crackdown on financial risk bounded with the recent state takeover of a regional lender. All commercial banks in China will have to ...

23.07.2019 13:02:36

Supermarkets sales reduced in Britain in annual terms

Grocery sales fell by 0,5% for the first time since 2016. The figure decline was fixed in the latest 12 week period and became the biggest in sector. Kantar, a market researcher said that the decline was caused by the heatwave during this ...

23.07.2019 13:02:36

GBP is ready to fall before no-deal Brexit

Investors worried about pound’s future falling. Boris Johnson is the UK’s new candidate for a prime minister post. There is a lot of expectations of a hard Brexit linked with him. Johnson’s political views could create a big ...

23.07.2019 13:02:35

European shares showed better-than-expected results

European stocks shares increased on Tuesday. Better-than-expected results could have been observed on Wall Street and on Asia stock exchanges. The figures for Halliburton, Swiss bank UBS, and Apple rose, while the European stocks benchmark ...

23.07.2019 13:02:35

The economy of South Korea is going to grow

South Korea may return to economic growth in Q2. A contraction in the first quarter was surprising and happened mainly due to state spendings. The Republic of Korea is estimated to be adjusted by 1% since April in sequential terms. The median ...

23.07.2019 13:02:35

China-U.S. trade conflict led to a sales hit in UK

British sales fell due to a maintaining trade war between China and the United States. The IQE, a semiconductor wafers maker, reports new deals with customers from Asia. They may supply chains and provide bigger volumes. IQE which products ...

23.07.2019 13:02:35

UBS showed its best financial results on Tuesday

The biggest Swiss bank UBS delivered its best results over the last decade in Tuesday. It also said that the profit in its corporate transactions helped maintain revenues in investment banking. UBS CEO suggested that diversification had ...

23.07.2019 13:02:35

Dollar rose to its two-week maximum

Donald Trump and the leaders of Congress reached a deal on Monday on the debt limit. Fears of government default disappeared while the greenback surpassed its two-week high. Dollar added 0,24% while most of other currencies fell down. Thus, ...

23.07.2019 13:02:35

Bitcoin is on the threshold of its new increase

The world’s largest cryptocurrency is going to grow next weeks. Past days the coin has lost about 12% and bounced off the previous level twice. In spite of the fact that Bitcoin was falling during almost all June experts hope the ...

22.07.2019 11:02:26

More than 50 companies will transfer their manufacturing from China

Nikkei Asian review is writing about 50 foreign and local companies’ desire to leave China because of keeping trade was with the US. It is caused by the lack of arrangement between China and the US leaders about certain deadlines of the ...

22.07.2019 11:02:26

BMW and Tencent are launching the unmanned vehicle computing center in China

Reuters Agency reported relating to informed sources BMW and Chinese Tencent internet company collaboration for release of the unmanned vehicle computing center in China. The new center which will have started working by the end of the year ...

22.07.2019 11:02:26

The EU is going to offer Boris Johnson another postponement of Brexit

The Great Britain will name a new country prime-minister and the Conservative party leader on 23 July. The new head of British Cabinet of Ministers will be elected between two candidates fighting for this post — a former head of Ministry ...

22.07.2019 11:02:26

S&P Global Ratings affirmed Russia’s global ratings at investment level of BBB-

S&P agency affirmed Russia’s rating at investment level of BBB-. The forecast is stable. The agency experts noticed the factors that influence a country’s rating positively. These are flexible monetary policy, low level of a ...

22.07.2019 11:02:25

The retail sales in Canada decreased in May by 0,1%

The decline of retail sales was observed in Canada. According to the country statistics office in May it declined by 0,1% to 51,5 billions canadian dollars. The negative dynamics of indicator is noticed first time during four months. The sales ...

22.07.2019 11:02:25

The state budget deficit in eurozone reduced in two times in Q1

The state budget deficit in the European countries decreased in January-March to 0,5% relating to GDP. In Q4 of 2018 it was 1,1% as Eurostat reports. In the European Union countries the indicator also reduced from 1% to 0,6%. Luxemburg, Bulgaria ...

22.07.2019 11:02:25

Drilling activity is reducing in the United States

From 13 July to 19 July the quantity of active oil drilling rigs in the US decreased by 5 units to 799 units according to Baker Hughes oilfield services company. The amount of gas production rose in 2 units to 174 units. The total number of ...

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