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In June, the German Statistical Office Destatis recorded inflation at 1.6% in the country. Regarding the May consumer price increase of 1.4%, annual inflation accelerated last month, confirming economists' forecasts. Prices in monthly terms ...
Speaking at a meeting of the US House of Representatives Committee, Jerome Powell, the head of the Federal Reserve System, said that the launch of the Facebook project to create Libra, its own cryptocurrency, should be postponed until all the ...
The American airline Delta Air Lines has published a report on financial results for the second quarter of this year. Relative to the same period last year, its net profit jumped by 39%, reaching $1.44 billion at the end of the earnings period. ...
The Xinhua News Agency announced the opening of a cybersecurity lab in Brussels by the Chinese telecommunications company ZTE. During the opening ceremony, a spokesman for ZTE, Zhong Hong, said that representatives from all countries of the ...
Belgium, which is the largest center for trading precious stones in the world, purchased rough diamonds worth $4.36 billion for the period from January to June, which is 26% less than the same period last year. Diamond imports by volume fell ...
The US Department of Labor reported that in June, consumer prices in the country increased by 0.1% compared to May when their rise was also noted by 0.1%. The June price increase corresponds to the market forecast. In annual terms, prices rose ...
In June, the annual consumer price inflation in France, according to the final estimate of the Insee statistics, was 1.2%. Compared with May, when it was at the level of 0.9%, inflation accelerated, coinciding with the market estimate. This ...
The Norwegian oil and gas company Equinor has entered into an agreement with South Korea's Korea East-West Power to build Donghae 1, the floating wind farm in South Korea, which will be the first in Asia. The message from the Norwegian company ...
In May of this year, the Office for National Statistics recorded an increase in industrial production in the UK by 1.4% compared to April, when it fell by 2.9%. Forecast by economists suggested an increase of 1.5%. Compared with the same month ...
The Trump administration has announced a significant relaxation of its restrictions on US companies selling to Huawei, saying the ban will only apply to products that are related to national security. According to The Financial Times, in other ...
One of the largest aircraft manufacturing companies in the world, Airbus, in the first half of this year, increased deliveries of aircraft by 28% compared to the same period last year. The figure reached 389 aircraft, indicating that in 2019 ...
The European Commission has revised its growth forecasts regarding the Baltic countries for the current year. Its outlook for Lithuania has been improved to 3.1% from a May estimate of 2.7%. The EC noted the continuing immunity of Lithuanian ...
The European Commission announced a downward revision of the GDP growth forecasts of the euro area and the European Union for 2020. Now, the EC expects the euro area economy to grow by 1.4% next year, rather than by 1.5%, as previously predicted. ...
The French government plans to increase the environmental tax on airline tickets, starting in 2020, Deutsche Welle reported. The new environmental fee will vary from 1.5 to 18 euros, depending on the type of ticket. So, the tax for economy ...
The world's largest chemical concern BASF announced that by the end of the current year it expects a decline in revenues and profits instead of the previously projected growth. The deterioration of the forecast is based on the fact that the ...
The Chinese company Geely, specializing in the production of cars of well-known brands, said that it expects weak financial indicators for the first half of the year, which is explained by the weakening of the Chinese automobile market. According ...
Against the background of the ongoing trade war between the United States and China, the Chinese authorities are stepping up measures to reduce dollar dependence. People's Bank of China has been buying gold for seven months in a row. In June, ...
The UK Information Commissioner's Office (ICO) has forwarded IAG, the parent company of British Airways, a notification stating that the airline will face £183.4 million fine. The airline is accused of non-compliance with the data protection ...
In May of this year, Germany recorded an increase in exports by 4.4% compared with the same month a year earlier to 113.9 billion euros. The volume of imports amounted to 93.4 billion euros, its growth was at the level of 4.9%. For the month, ...
The economy of Turkmenistan in the first half of 2019 grew by 6.2% due to a stable fiscal and monetary policy. During this period, there was an increase in state budget revenues and investments. Speaking at a government meeting, Ggurbanguly ...
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