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Company news

16.05.2019 11:01:41

US retail sales fell 0.2% in April

The US Department of Commerce published data on the dynamics of retail sales in April. Last month, retail sales fell by 0.2% in the United States compared to March, when they grew by 1.7%. For experts, the decline was a surprise, they had expected ...

16.05.2019 11:01:41

Lithium production in China has become cheaper due to technological breakthrough

The introduction of new technologies in the process of lithium mining in China has reduced the cost of production of this essential component of batteries for electric vehicles to 15,000 yuan per ton, which is a record low, the South China ...

16.05.2019 11:01:41

US industrial production fell 0.5% in April

In April, industrial production in the United States fell by 0.5%, noting the third drop in the index over the past 4 months, the Federal Reserve reported. Economists had not expected a decline. They had predicted an increase of 0.1%. American ...

15.05.2019 14:01:30

Car sales in India fell 17.1% in April

In April 2019, the number of cars sold in India amounted to 247,541 cars, the Society of Indian Automobile Manufacturers reported. The fall in sales relative to the same month last year was 17.1% and was the most significant since 2011. Car ...

15.05.2019 14:01:30

Operating profit of Nissan for the fiscal year fell 1.8 times

Japanese car manufacturer Nissan Motor reported on the results of the fiscal year, which ended on March 31. According to published reports, its operating income declined 1.8 times, reaching 318.2 billion yen. Net profit at the end of the year ...

15.05.2019 14:01:30

Investor confidence in the German economy declined in May

The results of a survey conducted by ZEW showed a deterioration of economic sentiment in Germany in May. The index of investor and analyst sentiment for the next six months fell to minus 2.1 points from 3.1 points in the previous month. Experts ...

15.05.2019 14:01:30

Allianz increased its operating profit by 7.5% in the first quarter

Insurance company Allianz, the largest insurance company in Europe in terms of market value and revenue, reported that in the first quarter its operating profit amounted to 2.962 billion euros, having increased by 7.5% over the year, mainly ...

15.05.2019 14:01:30

Unemployment in the UK dropped to a minimum level since 1974

The UK recorded the lowest unemployment rate of 3.8% since 1974 in the first quarter. According to the Office for National Statistics, the index fell by 0.2 percentage points from the previous quarter. In the specified period, 1.3 million unemployed ...

14.05.2019 13:01:28

Car sales in China fell in April for the 10th consecutive month

The Chinese Association of Automobile Manufacturers reported that in April, car sales in China fell by 14.6% compared with the same month a year earlier to 1.98 million vehicles after a decline of 5.2% in March. The fall of the indicator has ...

14.05.2019 13:01:28

Economists expect the acceleration of the German GDP growth

Reuters conducted a survey of 22 bank economists and analysts on the prospects for the German economy. According to participants in the survey, German GDP in the first quarter of 2019 will grow by an average of 0.4%. Economists also expressed ...

14.05.2019 13:01:28

Bitcoin at the weekend rose above 7 thousand 500 dollars

The price of bitcoin this weekend rose to its maximum value since August, exceeding the mark of 7,500 dollars. Then, during the day, it decreased by 2.95% to 7,663 dollars, finversia.ru reports. On Saturday, May 11, bitcoin grew by 9%, almost ...

14.05.2019 13:01:28

Oil prices rose sharply amid increased political risks

The Associated Press, based on information from Saudi Arabia, reported that two oil tankers in the country suffered significant damage as a result of sabotage. At the same time, victims and oil spills were avoided. The threat to the free movement ...

14.05.2019 13:01:28

SoftBank's capitalization fell by $9 billion after Uber's IPO

The failed IPO of Uber led to serious losses for the Japanese telecommunications company SoftBank, Bloomberg writes. Losses amounted to about 9 billion dollars of its capitalization. On the first day of Uber’s share placement on the New ...

14.05.2019 13:01:28

China will introduce increased duties on goods from the United States in the amount of 60 billion dollars

Trade negotiations between the United States and China did not bring positive results. US authorities said that Chinese imports amounting to about $200 billion in duties are rising from 10% to 25%. In addition, US President Donald Trump announced ...

14.05.2019 13:01:27

Inflation in India peaked in April

In April, annual inflation in India was 2.92%, having accelerated from 2.86% in March, official data showed. The April inflation rate was the highest in the last six months. Economists had expected an even greater acceleration of inflation ...

14.05.2019 13:01:27

The European Commission is planning to impose a tax on aviation fuel

A study commissioned by the European Commission, showed that in the aviation sector of the European Union, CO2 emissions could be reduced by 10% due to a tax on aviation fuel of 0.33 Euro per liter. Therefore, the study recommends the European ...

14.05.2019 12:01:45

Toshiba's net profit increased by 25% in the past fiscal year

Japanese corporation Toshiba, following the results of the past fiscal year, published a report, according to which, its net profit increased by 25% and amounted to a record 1.01 trillion yen. At the same time, the company reported a drop in ...

14.05.2019 12:01:45

The US budget deficit for the 7 months of the fiscal year grew by 37.7%

The US budget deficit for the 7 months of the current fiscal year, which began on October 1, 2018, amounted to 530.87 billion dollars. According to the US Treasury, the figure rose 37.7% from a year earlier. The amount of budget revenues in ...

13.05.2019 11:01:44

Annual inflation in China accelerated in April to 2.5%

In April, the annual consumer price inflation in China was 2.5%, having accelerated from March's value of 2.3%, data from the National Bureau of Statistics showed. Inflation reached its highest level since October 2018 amid rising food prices. ...

13.05.2019 11:01:44

Industrial production in the UK exceeded forecasts in March

In March, in the UK, industrial production grew by 0.7% against February. As the data of the ONS management showed, the growth rate accelerated in comparison with the rise by 0.6% in February. Its increase has been observed for the past three ...

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