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Company news

13.05.2019 11:01:43

Industrial production in France fell sharply in March

Industrial production in France declined in March by 0.9% compared to February, when there was an increase of 0.1%, data from Insee showed. The sharp drop in the indicator was due to a decline in the manufacturing industry by 1% after February ...

13.05.2019 11:01:43

Unemployment in Canada fell in April to 5.7%

In April, unemployment in Canada was 5.7%, dropping by 0.1 percentage points from March, official statistics show. The employment rate for the month increased by 106 thousand 500 people, and over the year it grew by 426 thousand. In percentage ...

13.05.2019 10:01:18

Brazilian Vale recorded a loss in the first quarter

Brazilian company Vale, the world's largest producer of iron ore and nickel, reported a net loss of $1.642 billion in the first quarter of 2019 against a net profit of $1.590 billion a year earlier. For the first time in history, the company ...

13.05.2019 10:01:18

US inflation accelerated to 2% in April

The US Department of Labor released inflation data in April. Consumer prices rose by 2% over the year, pointing to accelerated inflation relative to price increases of 1.9% in March, and noting its highest level since November 2018. According ...

13.05.2019 10:01:18

European Air Group IAG reduced quarterly profit 11 times

European airline International Consolidated Airlines, following the results of the first quarter of this year, reported a drop in net profit 11 times compared with the same period last year to 70 million euros. Operating profit was 135 million ...

13.05.2019 10:01:18

British economy accelerated growth to 0.5% in the first quarter

The British economy grew 0.5% in the first quarter. As reported by the Office for National Statistics, growth accelerated compared with a 0.2% increase in the previous quarter, confirming economists' forecasts. Compared to the same period a ...

10.05.2019 09:03:25

Berkshire Hathaway, led by Buffett, miscalculated by investing in DC Solar Solutions

One of the richest people in the world, the chairman of the board of directors and the chief executive officer of Berkshire Hathaway, Warren Buffett, has recently increasingly recognized the investment decisions made by him as erroneous. The ...

10.05.2019 09:03:25

Toyota and Panasonic create a joint IT-company for “smart” cities

On May 9, Japanese corporations Toyota Motor and Panasonic signed an agreement on the creation of a joint venture that will be engaged in the introduction of mobile technologies in cities. In a joint statement, the companies said that the new ...

10.05.2019 09:03:25

IEA announces slower growth in renewable energy

The International Energy Agency reported that at the end of 2018, the world used the same amount of renewable energy sources as at the end of 2017. The index, which for the first time since 2001 showed zero growth, was at around 180 gigawatts. ...

10.05.2019 09:03:25

Bloomberg predicts that China will face the biggest default in its history in 2019

Bloomberg conducted a study that showed that companies in China since the beginning of 2019 defaulted on domestic bonds for a total of 39.2 billion yuan. The indicator increased 3.4 times compared to the same period a year earlier. These data ...

10.05.2019 09:03:25

The number of oil and gas installations in the world decreased in April

American company Baker Hughes reported a decrease in the number of operating oil and gas installations in the world in April for the second month in a row. Their number was 2,140 units, whereas a month earlier they numbered 2,113 installations. ...

10.05.2019 09:03:25

EBRD maintains Kazakhstan’s GDP growth forecast for 2019 at 3.5%

The forecast of the European Bank for Reconstruction and Development on the growth of Kazakhstan’s GDP remained unchanged. It assumes the growth of the economy of Kazakhstan in 2019 by 3.5%, in 2020 - by 4.1%. At the end of 2018, the ...

10.05.2019 09:03:25

Industrial and consumer inflation in China rose in April

National Bureau of Statistics of China has published two reports for April. According to the first report, the producer price index in the country grew by 0.9% compared with the same month a year earlier. Its growth rates were the highest since ...

10.05.2019 09:03:25

The number of applications for unemployment benefits in the US last week was lower than expected

According to the US Department of Labor, last week ending May 4, the number of Americans, who applied for unemployment benefits for the first time, fell by 2,000 to 228,000, while economists had expected a more significant decline to 220,000. ...

10.05.2019 09:03:25

US producer prices rose moderately in April

The producer price index in the United States in April rose by 0.2% compared to March, when its growth was at the level of 0.6%, the data of the country's Ministry of Labor showed. The indicator confirmed market forecasts. Compared with the ...

10.05.2019 09:03:25

The growth of the US trade deficit in March was lower than expected

The US trade deficit in March amounted to $50 billion, an increase from $49.3 billion in February, the country's Department of Commerce reported. The figure was less than $50.2 billion, predicted by economists. The USA exported goods in March ...

08.05.2019 10:01:35

March growth in industrial orders in Germany did not reach forecasts

According to the preliminary data of Destatis, the volume of production orders in Germany increased by 0.6% in March compared to February, when the decline was recorded at 4%. March growth did not reach the forecasts of experts at 1.5% and ...

08.05.2019 10:01:35

Car sales in the UK fell in April

The SMMT reported that in April of the current year in the UK 161 thousand 64 new cars were registered, which is 4.1% less than a year earlier. The April figure was the second lowest since 2012. At the same time, sales to private motorists ...

08.05.2019 10:01:35

The European Commission predicts a slowdown in Russia's GDP growth in 2019 to 1.5%

The European Commission lowered the forecast for economic growth in Russia for 2019 from 1.6% to 1.5%. For 2020, the growth forecast is maintained at 1.8%. Thus, the European Commission expects this year a slowdown in Russia's GDP growth compared ...

08.05.2019 10:01:35

The European Commission has worsened the assessment of eurozone GDP growth for 2019 and 2020

The new forecast of the European Commission suggests that in 2019, the eurozone economy will increase by 1.2%, whereas, according to its February forecast, a rise of 1.3% was expected. The report notes that uncertainty persists in global markets, ...

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