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Company news

18.04.2019 10:01:31

China's GDP growth in the first quarter was 6.4%, having exceeded forecasts

The Chinese economy in the first quarter maintained the growth rate of the fourth quarter of last year. At the same time, this indicator shows the minimum increase since the first quarter of 2009. As the National Bureau of Statistics of China ...

18.04.2019 10:01:31

L’Oreal increased revenues by 11% in the first quarter

French L’Oreal, one of the world's largest manufacturer of cosmetics, following the results of the first quarter, reported revenue growth by 11.4% in annual terms to 7 billion 550 million euros. Experts had expected the figure at 7 billion ...

18.04.2019 10:01:31

Netflix attracted a record number of new subscribers in the first quarter

American company Netflix, which supplies movies and TV series based on streaming media, reported that in the first quarter of this year, the number of new users of the service grew by a record 9 million 600 thousand paid subscribers. The indicator ...

17.04.2019 09:02:32

German entrepreneurs appreciate the benefits of EU membership

The Association of German Chambers of Industry and Commerce conducted an online survey of owners and top managers of 1,800 enterprises from all key sectors of Germany. 67% of respondents said that the European Union is better than they think ...

17.04.2019 09:02:32

Investor confidence in the German economy exceeded forecasts in April

Economic sentiment in Germany improved significantly in April. As the data of the ZEW Institute showed, the index of investors' and analysts' expectations for the German economy for the next six months reached 3.1 points, rising from March ...

17.04.2019 09:02:32

Lufthansa finished the first quarter with a loss of 336 million euros

The European airline Deutsche Lufthansa reported preliminary financial results of the first quarter, according to which a corrected loss of 336 million euros against EBIT of 52 million euros in the first quarter a year earlier was recorded. ...

17.04.2019 09:02:32

Unemployment in the UK fell in February to 3.9%

Between December last year and February of this year, unemployment in the UK declined by 0.2 percentage points to 3.9% from the previous three months. This figure, calculated according to the methodology of the International Labor Organization ...

17.04.2019 09:02:32

The head of the Federal Reserve Bank of Boston believes that the Fed should change its inflation target to 2%, expanding its range

The unemployment rate in the United States will continue to decline in the short term, despite a slight slowdown in economic growth in the country, the head of the Federal Reserve Bank of Boston, Eric Rosengren, said. He pointed out that even ...

17.04.2019 09:02:32

Johnson & Johnson's net profit in the first quarter decreased by 14.2%

American Johnson & Johnson, the world's largest manufacturer of medical products, following the results of the first quarter, reported the decline in net profit by 14.2% in annual terms to 3 billion 749 million dollars. Adjusted earnings ...

17.04.2019 09:02:32

OECD calculated US, Chinese and global trade losses from high duties

The Organization for Economic Cooperation and Development expects that trade duties, which in 2018 were introduced by the United States and China, will have a negative impact on the growth of world trade. Its pace by 2020 will decrease by 0.4 ...

17.04.2019 09:02:32

US industrial production declined by 0.1% in March

In March, industrial production in the United States decreased by 0.1% after rising 0.1% in February. This was reported by the US Federal Reserve. The figure last month fell unexpectedly, as experts expected it to grow by 0.2%. The Fed report ...

17.04.2019 09:02:32

Growth in construction in the eurozone reached a two-year high in February

In February, an increase in construction volumes of 3% was recorded in the eurozone compared to the previous month, when they decreased by 0.8%, Eurostat reported. This was the highest increase since February 2017. Compared with the same month ...

17.04.2019 08:02:05

Bank of America increased net profit by 6% in the first quarter

One of the largest banks in the United States, Bank of America, following the results of the first quarter, reported about the growth of net profit by 6 % in annual terms up to 7 billion 300 million dollars. Earnings per share in the amount ...

16.04.2019 11:02:22

Quarterly profit of Goldman Sachs fell 20%

American bank Goldman Sachs, following the results of the first quarter, reported on the reduction of its net profit by 20% in annual terms to 2 billion 182 million dollars. Profit of 5 dollars 71 cents per share, however, turned out to be ...

16.04.2019 11:02:22

Sales of mobile phones in China fell by 6% in March

The China Academy of Information and Communications Technology under the Ministry of Industry and Information Technology reported a decline in mobile phone shipments in the country for the fifth month in a row. According to the ministry, in ...

16.04.2019 11:02:22

Citigroup increased net profit by 2% in the first quarter

One of the largest US banks, Citigroup, reported that in the first quarter, its net profit amounted to 4 billion 710 million dollars, having increased by 2% compared to the same period last year. Profit per share amounted to 1 dollar 87 cents ...

16.04.2019 11:02:22

The World Bank and the IMF have launched a test cryptocurrency

The International Monetary Fund and the World Bank have launched a private testing of the private blockchain and “quasi-cryptocurrency” called Learning Coin, which has no real value and is not a classic cryptocurrency. According to the Financial ...

16.04.2019 11:02:22

Houses in the UK rose in price by 1.1% in April

In April, house prices in the UK rose by 1.1% compared to March, Rightmove informs. Compared with April last year, the price of homes in the country fell by 0.1%. The average selling price of a home was £305,450. It is noted that houses for ...

16.04.2019 10:02:01

Trafigura commodity trader will gain control over the Nyrstar zinc company

Belgian Nyrstar, which is experiencing financial difficulties, reported that in October last year it had begun to revise its structure of share capital. In the fourth quarter of 2018 and the first quarter of this year, it experienced an outflow ...

16.04.2019 10:02:01

S&P affirmed the ratings of Georgia, having improved the forecast

The international rating agency S&P Global Ratings reported that it had confirmed Georgia's long-term foreign and national currency ratings at BB-. Short-term ratings affirmed at “B”. The agency also changed the forecast of the ratings ...

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