Financial news

07.05.2018 11:00:11

Retail sales in the euro area rose in March by 0.1%, in the EU - decreased by 0.1%

In March of this year, retail sales in the euro area grew by 0.1% compared to February, when their rise was 0.3%, data of the Statistical Office Eurostat showed. In annual terms, growth was 0.8%. Analysts had expected an increase in the first ...
07.05.2018 11:00:11

Annual increase in sales of cars in Western Europe in April was 9.1%

Sales of cars in Western Europe in April grew by 9.1% year-on-year to 1 million 220 thousand cars, according to industry data collected by the automobile agency LMC. The growth of the index was promoted by the days allocated this year for the ...
07.05.2018 11:00:11

NIESR lowered forecast for the growth of British economy in 2018 to 1.4%

The National Institute for Economic and Social Research lowered the UK's economic growth forecast for 2018 to 1.4% from the previously expected 1.8% rise after a weak GDP growth in the first quarter - just 0.1%. NIERS economist, Amit Kara, ...
07.05.2018 11:00:11

Lenovo shares will be excluded from Hang Seng Index

Shares of Lenovo, the Chinese manufacturer of personal computers and electronics, due to a sharp drop in quotes will be excluded from the Hang Seng Index on June 4, Bloomberg reports. Instead, the index will include the papers of the pharmaceutical ...
07.05.2018 10:00:11

Price of Brent crude oil exceeded $74 per barrel

Following the results of last week, oil showed growth: Brent grew by 0.7%, WTI - by 1.3%. On Friday, oil also showed growth as the timing of consideration of the US participation in the agreement on Iran's nuclear program approached. If the ...
04.05.2018 10:00:12

Bayer cut its net profit in the first quarter by 6%

German chemical and pharmaceutical concern Bayer in the first quarter reduced its net profit by 6.2% in annual terms to 1 billion 950 million euros. Analysts had expected profits at the level of 1 billion 530 million euros. The decrease is ...
04.05.2018 10:00:12

IKEA Group intends to cut 150 jobs in Europe

The Netherlands furniture group IKEA, which owns and operates 362 IKEA department stores in 29 countries, announced its intention to cut 150 jobs in Sweden, the Netherlands and Belgium as part of the plan to reorganize global functions. The ...
04.05.2018 10:00:12

Growth in the volume of world passenger air travel accelerated in March

The International Air Transport Association (IATA) reported that the growth in the volume of world passenger air travel accelerated in March to 9.5% in annual terms from 7.6% in February. The March growth rate was the highest for the last year. ...
04.05.2018 10:00:12

Germany will have to increase contributions to the budget due to Brexit

The European Commission called on Germany, Europe's largest economy, to increase payments to the EU budget in the next 10 years to 12 billion euros a year after the UK's withdrawal from the EU. Germany, as the largest payer in the Union's budget, ...
04.05.2018 10:00:11

DowDuPont reported on a quarterly profit increase that exceeded the forecasts

DowDuPont, formed as a result of the merger of two chemical giants Dow Chemical and DuPont, in the first quarter increased its net profit from continuing operations to 1.1 billion dollars compared to a profit of 888 million dollars for the ...
04.05.2018 09:00:07

EC confirmed the forecasts for the GDP of the eurozone for 2018-2019

The European Commission confirmed the forecast for GDP growth in the eurozone in 2018 at 2.3%, since, in its view, the weakening of the rise in the first quarter is temporary. The growth forecast for 2019 is kept at the level of 2%. The EC ...
04.05.2018 09:00:07

Rate of Turkish lira fell to a record low based on inflation data in Turkey

Consumer prices in Turkey rose in April to a maximum of 4 months 10.85% from 10.2% in March, according to official data. The largest increase in prices was recorded in housing, utility services, transportation, household appliances, clothing ...
04.05.2018 09:00:07

Skoda in the first quarter recorded record levels of profit, sales and revenue

The Czech automaker Skoda Auto, part of the Volkswagen concern, reported first-quarter profit growth of 5.3% year-on-year to a record-high of 437 million euros. Quarterly revenue of 4 billion 547 million euros also became a record, increased ...
04.05.2018 09:00:07

Inflation in euro area slowed in April

In April, the growth in consumer prices in the euro area in annual terms slowed to 1.2% from 1.3% a month earlier, according to preliminary data from Eurostat. Without taking into account the price of energy, food and alcohol, consumer prices ...
04.05.2018 09:00:07

Canadian Bombardier increased its quarterly profit 7.3 times

Canadian engineering company Bombardier, following the results of the first quarter, reported on net profit growth 7.3 times to 44 million dollars, the finversia.ru project wrote with reference to the company's accounts. Diluted profit in terms ...
03.05.2018 12:00:14

Growth of the euro area economy slowed in the first quarter

The economy of the euro area in the first quarter increased by 0.4% compared to the last quarter of 2017 and by 2.5% compared to the same period last year, preliminary data of the Statistical Agency Eurostat showed. GDP growth slowed down compared ...
03.05.2018 11:00:09

Amazon starts delivery to car trunks

American company Amazon has launched the delivery of parcels not to the porch of the house or to the mail box, but directly into the trunk of the client's car. The delivery scheme to the trunk of the car is the same as the delivery to the house ...
03.05.2018 11:00:09

Goldman Sachs to pay $110 million for violations in the foreign exchange market

To settle the regulators' allegations against Goldman Sachs Group, related to violations in the foreign exchange market, the bank will have to pay 110 million dollars. According to Dow Jones, the bank will pay to the Federal Reserve System ...
03.05.2018 11:00:09

Apple reported on the growth of quarterly earnings and revenue that exceeded forecasts

The net profit of the American corporation Apple in the second fiscal quarter ended March 31 reached a record 13.8 billion dollars against 11 billion dollars a year earlier. Experts had expected the figure at $13.5 billion. Revenues rose 16% ...
03.05.2018 11:00:09

World prices for non-ferrous metals rose

World prices for non-ferrous metals rose on Wednesday, when trading in mainland China was resumed after two holidays, Bloomberg reported. The leader of growth was nickel. At the London Metal Exchange, the value of its contract with delivery ...
03.05.2018 11:00:09

Growth of the activity index of US factories slowed down in April

In April, US factories slowed their activity for the second month in a row amid rising raw material prices due to the application of duties on imports of steel and aluminum, Reuters reported. According to the survey of the Institute for Supply ...
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