The China Association of Automobile Manufacturers expects that this year, car sales in China will be at last year's level of 28 million 100 thousand cars. Of this number, sales of passenger cars will amount to 23,700,000 units, which will also ...
The Association of German Chambers of Industry and Commerce, based on data from a survey of about 25 thousand companies, has worsened Germany’s GDP growth forecast for 2019 from 0.9% to 0.6%, which is mainly due to lower expectations ...
Experts from consulting companies JD Power and LMC Automotive expect car sales in the United States in May to be about 1.56 million units, down 2.1% from a year earlier. At the same time, retail sales of new cars, according to their estimates, ...
The Swiss economy in the first quarter increased by 0.6% compared to the fourth quarter, when growth was at the level of 0.3%. This was announced by the Swiss State Secretariat for Economic Affairs. According to economists, an increase of only ...
The Federation of the Swiss watch industry published data on the dynamics of watch exports from Switzerland in April, recording the first decline in four months. A total amount of Swiss watches shipped abroad is 1.755 billion Swiss francs. ...
Global Payments and Total System Services, which provide payment processing services in the United States, will merge through a share exchange. As informed sources told Bloomberg, the transaction volume is estimated at $21.5 billion. In the ...
The European Commission published data on the dynamics of the composite business and consumer confidence index in the euro area in May. The Institution recorded its growth for the first time since June 2018. Index value in May was at the level ...
The diversified American company General Electric can reduce about one thousand jobs in France. According to a union source, the dismissal will affect mainly the company's employees working at its site in Belfort, in the east of France, where ...
The research company GfK expects a deterioration in consumer sentiment in Germany in June amid falling economic expectations. The leading consumer confidence index, calculated by GfK, was 10.1 points, falling from the May value of 10.2 points. ...
Petrobras, the largest oil and gas company in Brazil, announced its intention to sell 100% of its share in the oil and gas fields in the state of Espirito Santo in the south-east of the country. The sale offer also includes infrastructure accompanying ...
In China, the slowdown in growth in manufacturing activity in April affected the profits of large Chinese industrial companies, aggregate figure of which fell by 3.7% from the same month a year earlier to 515.4 billion yuan. This was reported ...
Finnish consumer confidence continued to decline in May. As shown by the statistics of the country, the consumer confidence index in Finland fell to minus 1.8 points from April value of minus 1.7 points. The indicator, which determines household ...
The Japanese government has introduced a new rule, according to which high-tech industries will be added to the list of sectors where foreign ownership is limited to Japanese companies. Now, foreign ownership in 20 sectors of information technology ...
Japanese Prime Minister Shinzo Abe during a press conference held in Tokyo following his meeting with US President Donald Trump, said that over the past two years, Japanese companies have invested more than 240 billion yen in the US. During ...
The American stock exchange operator NASDAQ announced that it had withdrawn its offer to acquire Oslo Boers VPS Holding. The company explained the refusal by saying that many of its shareholders did not support the NASDAQ proposal to acquire ...
The demand for homes in Manhattan increased significantly due to the maximum rate of declining housing prices in this area of New York in almost a decade. The StreetEasy portal, which calculates the housing price index, reported that last month ...
The cost-cutting plan of the Swiss food company Nestle is almost half done. Developed and approved in 2016, the plan envisages that by 2020, the company's expenditures will decrease by 2-2.5 billion Swiss francs. According to Francois-Xavier ...
Automakers Fiat Chrysler Automobile and Renault are negotiating partnerships, discussing the exchange of shares and the prospect of a full merger. This was reported to The Financial Times and the Wall Street Journal by sources familiar with ...
The American Chambers of Commerce in China and Shanghai conducted a survey of American companies engaged in manufacturing, trading and distribution activities in the PRC. Its results showed that the majority of respondents felt the negative ...
In April, the volume of retail sales in the UK remained at the level of March, when an increase of 1.2% was recorded, data from the ONS showed. According to economists, an increase of 0.3% was expected. Sales growth in annual terms was at the ...