FedEx, an American express delivery company, will be subject to Beijing’s verification due to its alleged violation of China’s legal rights and interests. This was reported by Xinhua. As stated earlier, the official representative ...
The Canadian economy grew in March by 0.5% compared to February, statistics showed. Economists had expected GDP to grow by 0.4% after a February decline of 0.2%. In annual terms, the Canadian economy increased by 1.4% to 1.955 trillion Canadian ...
Turkey's GDP in the first quarter continued to decline, dropping in annual terms by 2.6%, the Turkish Statistical Institute reported. In the fourth quarter, the economy shrank by 3%. Economists had expected GDP to decline by 2.5% in the first ...
American company Uber, the creator of the mobile application of the same name for ordering a taxi and delivering food, recorded a net loss of $1.012 billion in the first quarter, while a year earlier it reported a net profit of $3.748 billion. ...
In May, the purchasing managers' index in the processing industry of the PRC, according to official statistics, was 49.4 points, down from 50.1 points in April. Economists had expected a less significant decrease in the index - to 49.9 points. ...
In May, the consumer confidence index in the United States reached its highest level since September 2018 – 100 points compared to 97.2 points in the previous month. Such final data was provided by the University of Michigan. Forecasts ...
The US Department of Commerce reported a maximum since the beginning of the year growth in incomes of American citizens, which in April was at the level of 0.5% compared to the March increase of 0.1%. Analysts had predicted revenue growth of ...
The Canadian economy grew in March by 0.5% compared to February, statistics showed. Economists had expected GDP to grow by 0.4% after a February decline of 0.2%. In annual terms, the Canadian economy increased by 1.4% to 1.955 trillion Canadian ...
In April, industrial production in Japan increased by 0.6% compared to March, when its decline was recorded at 0.6%, preliminary statistics showed. The April growth rate surpassed the forecasts of economists, who had expected an increase of ...
In May, consumer confidence in the UK economy, according to GfK, amounted to minus 10 points, rising from minus 13 points in April. The figure exceeded economists' forecasts, who had expected it to rise to minus 12 points. Last month, only ...
The European Union does not plan to hold new negotiations with the UK to conclude another agreement on Brexit. This was stated by the head of the European Commission, Jean-Claude Juncker, which denied messages in the media made by a number ...
Over the three months to May, the UK services sector has experienced further deterioration. A survey of service providers conducted by the Confederation of British Industry, showed a drop in the balance of business volumes by 19%, which is ...
The Bank of Canada announced the decision taken at the meeting in May to leave interest rates unchanged. The overnight rate was kept at 1.75%. The Canadian regulator expects economic growth to accelerate in the second quarter. According to ...
American fashion house Capri Holdings reported that, according to its estimates, profits in the current fiscal quarter would not reach economists' forecasts, since the company planned large investments after purchasing the Versace brand and ...
In the first quarter, US banks increased their cumulative net income by 8.7% year-on-year to $60.7 billion. These data are reported by the Federal Deposit Insurance Corporation. Of the 5,362 US financial institutions, statements of which were ...
According to official statistics, the economy of Sweden in the first quarter increased by 0.6% compared to the fourth quarter, when economic growth was twice as high - at the level of 1.2%. At the same time, the growth rate was better than ...
In Germany, in May, unemployment was recorded at the level of 5%, data from the country's Federal Employment Agency showed. Compared with the April level of 4.9%, the unemployment rate rose in May, while analysts assumed that it would remain ...
The final data from Insee confirmed a preliminary estimate of France’s GDP growth in the first quarter at 0.3% compared with the previous quarter, when a rise of 0.4% was recorded. The indicator met the forecasts of economists. Relative ...
In May, consumer prices in France, according to national standards, increased by 1% from the same month a year earlier, a preliminary assessment of Insee statistics showed. Compared with the April price increase of 1.1%, annual inflation slowed ...
The first report on inflation in the country, published over 3 years by the Central Bank of Venezuela, showed that in 2018 its level reached 130060%. Since the beginning of 2019, the largest increase in consumer prices – by 196.6 – ...