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German carmaker BMW reported weak financial results for the first quarter of 2019. Net profit, recorded in the amount of 561 million euros, fell over the year by 75%. Experts had expected it to fall even more - to 489 million euros. Pre-tax ...
The US Federal Reserve may raise the rate once in 2019 and once in 2020, Patrick Harker, head of the Federal Reserve Bank of Philadelphia, says. However, the Fed leadership in general does not expect a rate hike this year. According to Harker, ...
Brewing corporation AB InBev, following the results of the first quarter, reported about the growth of net profit 3.5 times compared to the same period a year earlier to $3.57 billion. EBITDA, which does not take into account one-time factors, ...
The manufacturing sector in Japan has increased business activity for the first time in the last 3 months. According to Markit/Nikkei, in April, the purchasing managers index in the industrial sector of Japan rose to 50.2 points from 49.2 points ...
Following the meeting on May 7, the Reserve Bank of Australia did not change the base interest rate, leaving it at a record low level of 1.5% per annum. Analysts had expected easing of the monetary policy of the Australian Central Bank amid ...
German Henkel, producing goods for the consumer market, reported weak results for the first quarter, which did not reach the market forecasts. Net income per share amounted to 1.34 euros, a decrease of 6% over the year. Sales increased by 0.7% ...
The Swiss reinsurance company Swiss Re reported in the first quarter about a decrease in net profit by 6.1% compared to the same period a year earlier to $429 million. According to economists, it was expected to grow to 657 million dollars. ...
Indonesia's GDP growth in the first quarter of this year was 5.07% compared to the same period a year earlier, official data showed a slowdown compared with a rise of 5.18% in the previous quarter. According to experts, it was expected to maintain ...
American investment company Berkshire Hathaway, which is owned by billionaire Warren Buffett, reported that in the first quarter its operating profit amounted to 5.56 billion dollars, an increase of 5% over the year. At the end of the quarter, ...
In April, China recorded an acceleration in business activity in the service sector, helped by a significant increase in new orders. According to Caixin Media and IHS Markit, the PMI in the services sector was 54.5 points, up from 54.4 points ...
The quarterly report of the German car manufacturer Volkswagen showed a decrease in net profit in the first quarter by 7.5% compared to the same period a year earlier to 3.05 billion euros. As noted in the company's message, deductions to reserves ...
In April, business activity in the eurozone grew at the lowest pace in the last 3 months. Research company IHS Markit reported that the corresponding index calculated by its specialists was 51.6 points, rising from 51.5 points in March. Nevertheless, ...
The Ministry of Economic Development and Trade of Ukraine reported preliminary data on the country's GDP growth in the first quarter, according to which the Ukrainian economy grew by 2.2% in annual terms, slowing growth rates compared to a ...
US President Donald Trump wrote on Twitter about his intention to raise duties on Chinese exports of $200 billion in total from 10% to 25%. This statement influenced the dynamics of oil prices on Monday. By 15:16 Moscow time, their cost dropped ...
Economist Ernie Tedeschi, who heads the tax analysis department of investment and consulting firm Evercore and previously worked in the US Treasury, believes that the minimum wage in the United States could reach the highest level in history ...
The Semiconductor Industry Association reported a decrease in sales of semiconductors in the world for the third month in a row. In the first quarter, sales were recorded at $96.8 billion, their decline in annual terms was 13%. The fall of ...
Fiat Chrysler Automobile reported weak financial results for the first quarter, but confidently confirmed its forecasts for the current year. The quarterly report of the Italian-American company showed a decrease in net profit by 47% from the ...
Data from the US Department of Labor on the state of the US labor market in April indicated an increase in the number of jobs in the country by 263,000, after increasing by 189,000 a month earlier. The April figure significantly exceeded the ...
According to the results of the first quarter, the Norwegian State Pension Fund reported on the largest volume of profit from investments in NOK in its history. The indicator reached 9.1%. At the end of last year, the first net loss of a Norwegian ...
Air France-KLM, the largest in Europe airline, in the first quarter recorded a net loss increase of 19% compared with the same quarter last year to 320 million euros. At the same time, the operating loss amounted to 303 million euros, having ...
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