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Company news

11.04.2019 08:02:19

Shareholders of Boeing sued the company after the crash of 737 MAX aircraft

Shareholders of Boeing filed a claim against the American corporation about its concealment of information about the problems with the safety of 737 MAX aircraft and filed a class action lawsuit against it to the Federal Court of Chicago. Within ...

11.04.2019 08:02:19

Industrial production in Italy grew by 0.8% in February

The Italian statistical agency Istat reported an increase in industrial production in February by 0.8% compared to the previous month. The growth rate slowed down compared with an increase in its volume by 1.9% in January. Nevertheless, the ...

11.04.2019 08:02:19

The United States has developed a process for converting shale gas into liquid fuel

A series of patented solutions developed by a research team from Purdue University in the United States, allows to create a two-stage process of converting shale gas into gasoline and diesel fuel. This development will be able to solve the ...

11.04.2019 08:02:19

US consumer prices rose 0.4% in March

A March report on consumer price dynamics by the US Department of Labor showed that consumer price growth in monthly terms accelerated to 0.4% from 0.2% a month earlier and coincided with economists' forecasts. Annual inflation in March was ...

11.04.2019 08:02:19

NIESR calculated that UK GDP growth in the first quarter will be at 0.4%

The National Institute for Economic and Social Research (NIESR) announced its forecast for UK GDP growth in the first two quarters of this year. According to its estimates, in the first quarter, the growth will be at the level of 0.4%, and ...

10.04.2019 11:02:17

The Japanese government intends to sell another stake in Japan Post

The Japanese government will place 1 billion 60 million shares of Japan Post Holdings. As a representative of the Ministry of Finance of Japan told Bloomberg, 4 underwriters in Japan and 2 from abroad were selected for this purpose. Japan Post ...

10.04.2019 11:02:17

Japanese Honda will close its plant in Turkey

Japanese car manufacturer Honda announced its intention to close the plant, located in the province of Kocaeli in Turkey, Tass reports. The plant, which produces 38 thousand Civic sedans per year, and the staff of which accounts for approximately ...

10.04.2019 11:02:17

Saudi Aramco breaks record as demand for its bonds

Saudi Aramco, the state-owned oil company of Saudi Arabia, placed bonds, hoping to raise about $10 billion to pay for its share in Saudi Basic Industries Petrochemical Corporation. This deal has attracted enormous interest from investors, whose ...

10.04.2019 11:02:17

Trump announced the introduction of duties on goods from the EU in the amount of 11 billion dollars

US President Donald Trump said that tariffs in the amount of 11 billion dollars would be imposed on goods from the European Union. On Twitter, the president noted that the World Trade Organization had decided on EU subsidies for the Airbus ...

10.04.2019 11:02:17

Trading volumes on contracts for Bitcoin reached new heights on Tuesday

In April, bitcoin unexpectedly rose by almost 30% after several months of zero dynamics. This gave impetus to the futures market. Trade volumes on Bitcoin contracts on April 4 reached a record 22,542 contracts. This number of contracts is equivalent ...

10.04.2019 11:02:17

The IMF warned that the UK economy will lose 3.5% of GDP in the case of Brexit without a deal

The International Monetary Fund said that the British economy would suffer a loss from Brexit without a deal for two to three years from now to the end of 2021. If British Prime Minister Theresa May fails to negotiate with the EU leaders about ...

10.04.2019 11:02:17

The IMF worsened global growth forecast for 2019 to 3.3%

The estimate by the International Monetary Fund for the growth of the world economy in 2019 was lowered from 3.5% to 3.3%. As stated in the review of the fund in April, the world economy in 2020 will accelerate growth to 3.6%. According to ...

10.04.2019 11:02:17

In the UK, the use of cash will soon become impossible

In the UK, bank branches are being closed, stores stop accepting cash, which may lead to the fact that soon the British will not be able to use cash. This was warned by the chief cashier of the Bank of England, Sarah John, pointing to the need ...

09.04.2019 09:01:39

World Bank lowers forecast for Georgian economy growth for 2019

Georgia's GDP will grow by 4.6% in 2019, the World Bank expects. In a review of the economic situation in Europe and Central Asia, the bank lowered its forecast for Georgia’s economic growth against a previously expected recovery by 5%, which ...

09.04.2019 09:01:39

UAE started issuing long-term visas to founders of technology start-ups

In the United Arab Emirates, it was decided to issue 5-year resident visas to the founders and owners of the most promising technology companies in order to make the UAE one of the most innovative countries in the world. This was reported on ...

09.04.2019 09:01:39

The index of confidence in the economy of the eurozone reached in March the highest level in 4 months

Investor confidence in the eurozone economy reached its highest level in March of the current year. According to the latest Sentix survey conducted among 936 investors, the corresponding index was minus 0.3 points, rising from minus 2.2 points ...

09.04.2019 08:02:12

China's foreign exchange reserves rose to a 7-month high in March

Сhina's foreign exchange reserves at the end of March increased by $8 billion 580 million compared to the previous month, the People's Bank of China said. According to experts, the growth of reserves was not expected. The volume of foreign ...

09.04.2019 08:02:12

Germany's trade surplus rose in February

The Federal Statistical Office of Germany recorded in February the trade balance surplus at the level of 17 billion 900 million euros. Its value increased from 14 billion 600 million euros in January, and the surplus decreased by 2% compared ...

05.04.2019 12:01:45

Tesla reduced sales by 31% in the first quarter

American manufacturer of electric vehicles Tesla following the results of the first quarter reported on the fall in sales by 31% compared to the last quarter of last year to 63 thousand electric vehicles. This number includes 50 thousand 900 ...

05.04.2019 12:01:45

UniCredit is ready to make an offer to buy Commerzbank in case the deal with Deutsche Bank does not take place

Italian UniCredit Bank is closely following the negotiations between Commerzbank and Deutsche Bank and may, in the event of a deal disruption, make its proposal to purchase a controlling stake in Commerzbank. This was reported to Financial ...

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