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The National Bank of Kazakhstan announced a decision to lower the base rate from 9.25% to 9% with an interest rate corridor of +/- 1. Such a move by the regulator is due to rising prices in foreign markets and a slowdown in inflation in the ...
For the period from December to February, unemployment in Turkey reached 14.7%, noting the highest level in almost 10 years, according to official statistics. In the previous three months to January, unemployment was at the level of 13.5%. ...
Reuters conducted a survey of economists, which showed that in the first quarter of this year, China’s economic growth is expected to slow down to the weakest level in 27 years. Reports that a trade deal between the United States and China ...
Wells Fargo, the second largest US bank, reported on the results of the first quarter of 2019. During the earnings period, the bank recorded a net profit of $5 billion 860 million, which is 14% more than in the same period a year earlier. Earnings ...
German Merck, the world's oldest pharmaceutical, chemical and biological company, announced its intention to acquire American electronic components manufacturer Versum for 5 billion and 800 million euros. The boards of directors of both companies ...
US consumer confidence declined in April. According to preliminary data from the University of Michigan, the corresponding index was 96.9 points, down from 98.4 points in March. According to economists, it was expected to have a less significant ...
In March of this year, inflation in Germany, calculated according to EU standards, slowed to 1.4% from 1.7% in February. According to Destatis, the March figure was the lowest since April 2018. Compared to the previous month, the increase in ...
Consumer prices in China rose in March compared to the same month of 2018 by 2.3%. As shown by data from the National Bureau of Statistics, inflation accelerated compared with its February value of 1.5%. The largest price increase was recorded ...
German automaker Volkswagen is considering the possibility of buying a large stake in the Chinese JAC Motor, which is its partner in the joint production of electric vehicles in China. For this purpose, Goldman Sachs investment bank was involved ...
Consumer prices in Sweden rose by 1.9% in annual terms in March, maintaining a stable level of inflation for two consecutive months, official statistics showed. According to economists, inflation was expected to drop to 1.8%. The price for ...
International research company International Data Corporation reported that in the first quarter, sales of personal computers in the world amounted to 58 million 480 thousand units, which is 3% less than sales in the first quarter of 2018. ...
Eurostat published a report on the dynamics of housing prices in the Eurozone and the EU in the fourth quarter of last year. The statistics indicated a slowdown in house prices in the Eurozone to 4.2% in annual terms from 4.3% a quarter earlier. ...
The US Department of Labor reported that producer prices in the country rose by 0.6% in March, which was the largest increase since October 2018. In February, the index rose only by 0.1%, and experts had expected its growth to accelerate last ...
The revenue of the French company LVMH, the world's largest manufacturer of luxury goods, in the first quarter of 2019 showed an increase of 16% compared to the same period of the previous year and amounted to 12 billion 538 million euros. ...
In March, annual inflation in France slowed to 1.1% from 1.3% a month earlier. This final assessment of the March inflation rate, based on national standards, was presented by Insee. Compared with February, consumer prices rose 0.8%. Both indicators ...
Japanese company Fast Retailing, Asia's largest clothing retailer, reported on the results of the second financial half year ended in late February. During this period, its net profit increased in annual terms by 9.5%, reaching 114 billion ...
Chinese automaker Great Wall Motor reported that in the first quarter of 2019 its sales grew by 10.6% in annual terms and amounted to 283,842 cars. During the earnings period, the company sold 232 thousand and 657 off-road vehicles, the annual ...
The payment system Network International reported that it performed an initial public offering of its shares on the London Stock Exchange, during which it was able to attract £1 billion 100 million. The company set the value of one share at ...
In February, industrial production in the UK increased by 0.6% compared to January. According to the Office for National Statistics, its growth slowed slightly against the January rise of 0.6%, but turned out to be higher than the 0.1% increase ...
The US international company Uber Technologies, which owns the eponymous application for calling a taxi and delivering food, is preparing to hold an IPO, which will be officially announced on Thursday, according to Western media. According ...
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