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Company news

22.04.2019 12:01:21

China's largest private investment fund is on the verge of bankruptcy

China's largest private investment fund, China Minsheng Investment Group, was on the verge of bankruptcy, Bloomberg reported. The Chinese financial sector is experiencing a non-payment crisis - in 2018 overdue payments reached 120 billion yuan. ...

22.04.2019 12:01:21

Consumer confidence in Italy declined in April

Italian Istat published data on the level of consumer confidence in the country, according to which in April the corresponding index was 110.5 points, down from 111.2 points in the previous month. The Office notes a decrease in consumer confidence ...

22.04.2019 11:01:28

US power consumption reached a new record level in 2018

U.S. Energy Information Administration reported that in 2018, the country consumed a record amount of energy since 2007 in the amount of 101.268 quadrillion British thermal units, which increased by 4% over the year. Oil consumption also rose ...

19.04.2019 09:01:15

UK retail sales up 1.1% in March

In March, retail sales in the UK rose by 1.1% compared to February, when their rise was recorded at 0.6%. As reported by the ONS, the volume of retail sales has been growing for three months in a row. Analysts did not predict a monthly growth ...

19.04.2019 09:01:15

Taiwan Semiconductor's profit and revenue fell in the first quarter

Taiwan Semiconductor, the world's largest chip maker and one of the main suppliers of American Apple, said that in the first quarter of 2019, its net profit fell almost 3 times compared to the same quarter a year earlier, amounting to 61 billion ...

19.04.2019 09:01:15

Eurozone business activity declined in April

Markit Economics has published preliminary data on the level of business activity in the industry and services of the eurozone in April. The composite PMI for this month was 51.3 points, down from March's value of 51.6 points. The service sector ...

19.04.2019 09:01:15

Nestle sales growth exceeded forecasts in the first quarter

Swiss corporation Nestle, the world's largest food producer, recorded organic sales growth at 3.4% in the first quarter of 2019. Compared to the increase of 2.8% in the first quarter of last year this year, its growth rates accelerated. The ...

19.04.2019 09:01:15

Amazon to close online store in China

American Amazon has decided to close the online store in China by July 18. Amazon was unable to implement its plans to conquer the Chinese e-commerce market against the backdrop of strong competition from Chinese companies such as Alibaba Holding, ...

19.04.2019 09:01:15

Net profit of Schlumberger declined by almost 20% in the first quarter

The world's largest oilfield service company Schlumberger reported the results of the first quarter of this year. Its net profit over the earnings period decreased by almost 20% in annual terms to $421 million. The decline is due to weak demand ...

19.04.2019 09:01:15

Union Pacific increased net profit by 6% in the first quarter

American Union Pacific Railroad, which owns the largest rail network in the United States, reported that in the first quarter it had recorded a net profit of $1 billion 391 million, which is 6% more than in the same quarter a year earlier. ...

19.04.2019 09:01:15

US retail sales rose 1.6% in March

The US Department of Commerce published a report on the dynamics of retail sales in March, noting the record growth rate since September 2017 last month. The volume of retail sales grew by 1.6% compared to February, when the figure fell by ...

19.04.2019 08:02:41

Unilever increased revenue by 3.1% in the first quarter

The Anglo-Dutch concern Unilever, which produces consumer goods, reported a 3.1% increase in revenue in the first quarter of this year, which was supported by an increase in sales and producer prices. Total sales increased by 1.2% for the quarter, ...

19.04.2019 08:02:41

Watch exports from Switzerland rose by 4.4% in March

The Federation of the Swiss watch industry reported an acceleration in the growth of watch exports in March to a record 4.4% since October 2018 from 3.4% in February. Its volume amounted to 1 billion 742 million Swiss francs. The growth in ...

18.04.2019 11:01:41

Housing prices in the UK rose in February at the weakest pace in 7 years

The housing market of Great Britain recorded in February the slowest price growth rate in 7 years in annual terms. As reported by the Office for National Statistics, housing prices in the country rose by 0.6% in February after an annual growth ...

18.04.2019 10:01:31

Eurozone inflation slowed in March to 1.4%

In March, annual inflation in the eurozone was 1.4%, slowing down from 1.5% in February, Eurostat data showed, confirming economists' forecasts. Consumer price growth compared with the previous month was at 1%. The annual inflation rate, which ...

18.04.2019 10:01:31

Inflation in the UK in March remained at the level of February

The British Office for National Statistics recorded an increase in consumer prices in the UK by 1.9% in annual terms in March, just as a month earlier. According to experts, it was expected that March inflation would reach the target level ...

18.04.2019 10:01:31

IBM quarterly revenue declined for the third quarter in a row

The world's largest provider of computer services, International Business Machines, reported in the first quarter that it had reduced revenue by 5% in annual terms to $18 billion 180 million. US IBM revenue declines for the third quarter in ...

18.04.2019 10:01:31

Car sales in the European Union fell by 3.9% in March

The European Automobile Manufacturers' Association (ACEA) reported that in March, car sales in the countries of the European Union fell by 3.9% in annual terms to 1 million 722 thousand cars after declining by 0.9% in February. The fall in ...

18.04.2019 10:01:31

Industrial production in China fell by 8.5% in March

The National Bureau of Statistics of China published two reports on the results of March. According to the first, industrial production in China increased by 8.5% in annual terms, which turned out to be much better than economists' forecasts, ...

18.04.2019 10:01:31

Japan's trade balance surplus fell by 33% in March

The Ministry of Finance of Japan reported that Japan’s trade balance surplus was 528.5 billion yen in March, a decline of 33% from March last year. In March, Japan ended the fiscal year, following which the country recorded the first deficit ...

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