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The external deficit of the US in July amounted to 50 billion 100 million dollars, having increased from 45 billion 700 million dollars in June, the country's Ministry of Trade reported. Analysts had predicted a deficit of $50 billion 200 million dollars. The indicator excluding price fluctuations rose to 82.5 billion dollars from 79 billion 300 million dollars a month earlier. The volume of imports of goods and services increased for the month by 0.9% to a record $261.2 billion, mainly due to active purchases of oil and high prices for gasoline. The number of purchases of foreign cars, computers and medicines also increased. Export grew by 1% to 211 billion 100 million dollars. The export of gasoline reached a record $15 billion 800 million in July. In July, the trade deficit with China reached a record value of 36 billion 800 million dollarsб and with Europe - 17 billion 600 million dollars.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
Bloomberg News reported on Thursday that Elon Musk’s Space Exploration Technologies Corp. (SpaceX) is in talks to raise new funds at a valuation of $44 billion. The aerospace company said that it is in discussions with a number of investors ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
Property data and analytics company CoreLogic Inc on Tuesday rejected another $7 billion buyout offer, seeing it inadequate after meeting with the two bidders, investment firms Cannae Holdings Inc and Senator Investment Group LP. Cannae ...
Alibaba Group Holding Ltd's (BABA) co-founder Jack Ma sold $8.2 billion worth of shares, reducing his stake in the company over the past year from 6.2% to 4.8%. The Chinese e-commerce company released its annual report on Friday. The divestment ...
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