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The sovereign rating of Turkey from the international agency Moody’s Investors Service has been lowered from “Baa3” to “junk” “B1” level. The rating outlook remained “negative”. The change ...
The economy of South Africa in the first quarter declined at the fastest pace in a decade. According to official data, South Africa's GDP fell by 3.2% compared to the fourth quarter, when growth was recorded at 1.4%. The forecast of economists ...
The International Monetary Fund, following the results of the mission in the PRC, announced a reduction in the forecast for the growth of the Chinese economy in the current year to 6.2% from the previously expected increase of 6.3%. The following ...
The Australian Bureau of Statistics reported a slowdown in the Australian economy in the first quarter to a ten-year low. Growth relative to the same period last year was 1.8% and coincided with the forecasts of experts. Compared with the previous ...
According to Eurostat, in April, retail sales in the euro area fell by 0.4% compared to March, when there was a zero growth. Economists had expected zero growth in April as well. Food and non-food products were sold 0.4% less than in the previous ...
Business activity in the euro area grew in May at the highest pace in the last three months. According to the revised data from IHS Markit, the composite index of activity in the industrial and service sectors was 51.8 points, up from 51.5 ...
In May, the growth of business activity in the service sector of China was the slowest since February of this year, the report by Caixin Media and IHS Markit showed. The corresponding PMI was fixed at 52.7 points, which is 54.5 points lower ...
The World Bank’s outlook for the growth of the global economy in the current year is downward due to weaker growth in trade and reduced investment flows in the world. Bank experts now expect the global economy to grow by 2.6%, rather ...
World sales of semiconductors in April amounted to 32.1 billion dollars, which is 14.6% less than in the same period last year. This is stated in the report of the Semiconductor Industry Association. Relative to the previous month, the figure ...
US regulatory authorities may begin investigation regarding the largest high-tech companies in the United States that are suspected of violating antitrust laws, media reports say, referring to informed sources. The Department of Justice is ...
In April, the euro area recorded the lowest unemployment rate since August 2008, which was 7.6% versus 7.7% in the previous month, Eurostat statistics showed. Experts had not expected a change in the March index. The total number of unemployed ...
British-Dutch oil company Royal Dutch Shell has published a new strategic plan, according to which payments to shareholders during the five-year period from 2021 to 2025 will be at least $125 billion. They will be realized in the form of dividends ...
For the first time in almost 3 years, the base interest rate was reduced by the Reserve Bank of Australia by 0.25 percentage points to 1.25% per annum, which is a record low. This decision of the Australian regulator was aimed at stimulating ...
The economy of South Korea in the first quarter of 2019 decreased by 0.4% compared to the fourth quarter. According to the estimates of the South Korean Central Bank, preliminary data of which indicated a reduction in GDP of 0.3%, the quarterly ...
According to Caixin/Marlit, the index of business activity in the manufacturing sector of China in April kept the value of April at 50.2 points, exceeding the experts' forecast of 50 points. Thus, in the country there is a further increase ...
In May, the eurozone manufacturing sector recorded a decline in business activity for the 4th consecutive month. According to IHS Markit, PMI's purchasing managers' index was 47.7 points against 47.9 points in April. The decrease in activity ...
Consumer prices in Turkey, according to official data, rose in May by 18.7% in annual terms. Compared with the April price increase of 19.5%, inflation in the country slowed down, which is observed for the second month in a row. Economists ...
Following the results of the auction, the American investment company Blackstone will conclude an agreement with Singapore GLP on the acquisition of a network of industrial warehouses in the United States for $18.7 billion, which includes GLP ...
American company Facebook, which owns the eponymous largest social network in the world, is discussing plans to create its own digital currency with the Commodity Futures Trading Commission. Preliminary negotiations that are underway should ...
Japan's Toshiba has entered into an agreement with the French oil and gas company Total to sell its liquefied natural gas business in the United States. The deal involves the acquisition by Total of all shares of Toshiba America for $15 million, ...
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