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Company news

05.04.2019 12:01:45

Orders of German industrial enterprises decreased by 4.2% in February

The German Federal Ministry for Economic Affairs and Energy reported that in February, orders from industrial enterprises in the country fell by 4.2% compared to January, when their decline was 2.1%. Such a significant drop in orders was a ...

05.04.2019 12:01:45

Sales of new cars in the UK fell by 3.4% in March

In March, which economists consider the key month for the British car market, sales of new cars in the UK fell by 3.4% for the year, reaching 458 thousand 54 cars, according to a report by the Society of Motor Manufacturer and Traders. The ...

05.04.2019 12:01:45

Germany’s construction sector grew at a maximum rate in 14 months in March

In the construction sector of Germany in March, the maximum growth of business activity in 14 months was observed. According to the IHS Markit, the corresponding index was 55.6 points, having risen from the February level of 54.7 points. Last ...

05.04.2019 12:01:45

British losses in the quarter after the Brexit referendum amounted to 6,600 million pounds, according to S&P

According to a study conducted by S&P Global Ratings, the UK losses after the Brexit referendum amounted to 6,600 million pounds sterling per month. If, following the results of the referendum in 2016, the country decided to remain in the ...

05.04.2019 12:01:44

Estonia's GDP will grow by 3.1% in 2019, the country's ministry of finance predicts

The Estonian Ministry of Finance has improved the country's GDP growth forecast this year to 3.1% from 3%, BNS reports. According to the ministry, in 2020 the economy will slow down to 2.7%, and by 2024 it will be at the level of 2.5%. The ...

05.04.2019 11:02:00

The introduction of new environmental regulations in the EU will lead to the loss of 7 billion 400 million euros of profit by automakers

The European Union introduces a new standard for harmful emissions at the level of 95 grams of CO2 per kilometer traveled, which automakers will adhere to starting in 2021. By this time, the largest automakers in Europe should reduce emissions ...

05.04.2019 11:02:00

Leading institutions of the German economy downgraded the country's GDP growth forecast for 2019

The new forecast for German GDP growth for the current year, compiled by experts from five leading German research institutes, has been lowered 2 times compared with the autumn forecast from 1.9% to 0.8%. For 2020, the growth forecast is maintained ...

05.04.2019 11:02:00

Central Bank of India again lowered the key rate and worsened the forecast for GDP growth and inflation

The Reserve Bank of India announced that at its regular meeting on Thursday it had decided to lower the key rate again. Following the previous meeting, the bank has already lowered the rate. Now, the repo rate has been lowered by 25 basis points ...

03.04.2019 12:01:38

Annual inflation in OECD countries remained in February at the level of January

In February, consumer prices in the member countries of the Organization for Economic Cooperation and Development increased in annual terms by 2.1%, maintaining the growth rate of January. Energy prices also did not change, and food prices ...

03.04.2019 12:01:38

Shell has signed an agreement to buy LNG from the American NextDecade with reference to the price of Brent

According to the contract concluded between Royal Dutch Shell and NextDecade for a period of 20 years, the United States will deliver liquefied natural gas with reference to the price of Brent oil for the first time. The export project “Rio ...

03.04.2019 12:01:38

The world economy may fall into recession if the US and China do not enter into a bargain in the coming months, according to Moody’s

Moody’s Analytics senior economist, Mark Zandi, told CNBC in an interview that the world economy could fall into recession if the United States and China did not sign a trade agreement in the next 3 months. He came to this conclusion based ...

03.04.2019 12:01:38

Business activity in the UK construction sector slowed down in March

In March, the index of business activity in the UK construction sector rose to 49.7 points from 49.5 points a month earlier, a survey conducted by IHS Markit showed. The indicator coincided with economists' forecasts, but remained below 50 ...

03.04.2019 12:01:38

BlackRock begins the largest reorganization in the last 10 years

American company BlackRock has started the largest reorganization in the last 10 years to respond quickly to customer needs around the world, informed sources told The Wall Street Journal. The volume of assets managed by BlackRock at the end ...

03.04.2019 12:01:38

Worldwide semiconductor sales fell 10.6% in February

The Semiconductor Industry Association reported that global semiconductor sales in February amounted to $36 billion 770 million, which is 10.6% less than a year earlier. The Association has noted a drop in sales for two months in a row, which ...

03.04.2019 12:01:37

Israeli Perion Network bought the Ukrainian startup called Captain Growth for 3 million 750 thousand dollars

Perion Network from Israel, which specializes in providing advertising solutions to publishers and brands, announced the acquisition of a Ukrainian startup called Captain Growth for $3,750,000. Under the terms of the deal, Perion Network will ...

03.04.2019 12:01:37

Producer prices in the euro area rose in February by 0.1%

In the eurozone in February, a slowdown in producer prices was recorded. According to Eurostat, prices rose by 0.1% compared with a 0.3% rise in January. Compared to February 2018, the increase was 3%. In the European Union in February, the ...

03.04.2019 12:01:37

Australia’s draft budget for a new fiscal year provides for a surplus for the first time since the crisis

The Australian draft budget for the next fiscal year, tabled in Parliament by Chief Treasurer Josh Friedberg, was drawn up with a surplus of $7,100 million Australian dollars, corresponding to 0.4% of GDP. The surplus in the Australian draft ...

03.04.2019 11:02:47

WTO lowered global trade growth forecast for 2019

The World Trade Organization predicts a more significant slowdown in the growth of world trade in 2019. According to its experts, the volume of trade will show a minimal growth rate this year, having risen by 2.6%, and not by the previously ...

02.04.2019 10:01:34

Unemployment in the eurozone remained at 7.8% in February

In February of this year, the unemployment rate in the eurozone did not change, retaining the value of January at 7.8% and confirming the experts' forecasts, Eurostat data showed. The January unemployment rate of 6.5% remained in February in ...

02.04.2019 10:01:34

US retail sales fell 0.2% in February

The US Department of Commerce released data on retail sales in February. Their volume decreased by 0.2% compared to January, when there was an increase of 0.7%. This was a surprise for economists, who had expected an increase of 0.2%. Sales, ...

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