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The damage to the UK economy from the decision to withdraw from the European Union is 600 million pounds a week, estimated at Goldman Sachs. Bank analysts have calculated that the country's GDP is currently 2.4% less than the possible rate ...
According to the final data of IHS Markit, the index of business activity of the manufacturing sector in the eurozone in March fell to its lowest level since April 2013, reaching 47.5 points. In February, its value was at 49.3 points. The weakening ...
Eurostat released preliminary data on core inflation in the Eurozone in March, according to which consumer prices increased 1.4% in annual terms. Compared to the February price increase of 1.5%, inflation slowed down last month, although analysts ...
Moody’s Investors Service has assigned the first issuer rating of “A1” to Saudi Arabia’s state-owned oil corporation Saudi Aramco. The agency said that the company's rating outlook is stable. The statement notes that Saudi Aramco's net profit ...
The volume of the global market for liquefied natural gas in 2018 amounted to 313 million 800 thousand tons. According to the International Group of Liquefied Natural Gas Importers, the figure for the year increased by 8.3%, noting the most ...
Tankan, the index of confidence of large companies in the processing industry of Japan to the economy of the country, in the first quarter of this year was 12 points, down from 19 points in the fourth quarter of last year. As shown by the Bank ...
In March, the PMI index in the processing industry of China was at the level of 50.8 points, reported the National Bureau of Statistics of the country. Its value returned to the level above 50 points after the February drop to 49.2 points, ...
The British airline easyJet expects that in the first half of the financial year, which ended in March, it will record a loss of £275 million, but its revenue can grow by 7.3% to about 2,340 million pounds. At the same time, according to its ...
Copper production in Chile, the largest copper producer, declined in February by 8.6% compared to February last year, noting the minimum level for almost 2 years due to heavy rainfall in deposits owned by Freeport-McMoRan. Peru, the second ...
Benchmark crudes for the first quarter showed a record growth since the second quarter of 2009. The cost of Brent for this period increased by 27%, WTI - by 32%. The growth of quotes was supported by a reduction in production by countries that ...
In February, 667,000 new homes were sold in the United States. Their number compared with January increased by 4.9%, the country's Department of Commerce reported. The February figure was the highest since March 2018 due to the increased availability ...
The University of Michigan reported final data on the level of consumer confidence in the US in March. The corresponding index was 98.4 points, which is the maximum value since October 2018. A month earlier, it was at the level of 93.8 points. ...
In January of this year, the Canadian economy recorded an increase of 0.3% compared to December. Compared with the December increase of 0.1%, GDP growth has somewhat accelerated, according to official statistics. The forecast of analysts assumed ...
In January, the US population increased spending by 0.1% compared to December, the country's Department of Commerce reported. Economists had expected American spending to grow by 0.3%. A weak increase in the indicator in January is due to a ...
The UK economy grew by 0.2% in the fourth quarter from the previous quarter. This final assessment of the economic growth of the ONS confirmed the forecasts of experts and coincided with a preliminary assessment. At the same time, compared ...
The largest clothing retail chain in Europe, the Swedish company Hennes&Mauritz reported the results of the first fiscal quarter ended February 28. The quarterly report showed that its net profit declined annually by 41% to 803 million ...
The consumer confidence index in the UK in March was minus 13 points, retaining the value of February, GfK NOP reported. The negative value of the index persists for 39 months. The indicator, which assesses the personal financial situation ...
Canadian software maker BlackBerry reported the results of its fourth fiscal quarter, which ended in late February. Net income received during the earnings period amounted to $51 million, whereas a year earlier a net loss of $10 million was ...
China Vanke, a major residential property developer in China, announced its intention to sell 262 million 991 thousand new X-shares, Reuters writes. The company wants to raise capital to pay off its debts abroad. Shares of Vanke, registered ...
In March, annual inflation in Germany slowed to 1.3% from 1.5% in February, preliminary data from Destatis, obtained from the calculation of consumer prices according to national standards, showed. Experts expected inflation at 1.5%. Compared ...
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