Financial news

03.05.2018 11:00:09

Number of employed people in the US increased in March by 204 thousand

The number of employed people in the private sector of the US increased in April by 204 thousand. Compared with the growth in March, growth rate in April slowed. Analysts had predicted an increase of 200 thousand. Small enterprises increased ...
03.05.2018 11:00:09

Growth in manufacturing activity in the euro area slowed in April

The index of supply managers in the euro area fell in April to 56.2 points from 56.6 points in March, the final data of IHS Markit showed. The April figure was minimal for 13 months. According to IHS Markit/BME, in Germany, the purchasing managers' ...
03.05.2018 11:00:09

PMI in the UK construction sector showed growth in April

The purchasing managers' index in the construction sector in the UK increased to 52.5 points in April from 47 points a month earlier, the IHS Markit survey showed. The March value of the index was minimal for 20 months. In April, the construction ...
03.05.2018 10:00:10

Quarterly profit of Standard Chartered increased by 20%

In the first quarter of 2018, the profit of Standard Chartered before tax grew by 20% year on year to $1 billion 260 million, thanks to the increased demand for loans and improved asset quality. Analysts had predicted the figure at 1 billion ...
03.05.2018 07:30:18

General Motors completed the first quarter with decline in net profit by 2.6 times

In the first quarter, the largest US automotive concern General Motors reduced its net profit by 60%, or 2.6 times, in annual terms due to high restructuring expenses in South Korea in the amount of almost $1 billion and a decrease in production ...
03.05.2018 07:30:18

Quarterly loss of Lufthansa fell by 16%

The net loss of German airline Deutsche Lufthansa in the first quarter decreased by 16% to 57 million euros compared to a loss of 68 million euros a year earlier. Adjusted EBIT increased from 25 million euros to 26 million euros, being three ...
03.05.2018 07:30:18

Ford net profit in the first quarter increased by 9%

The second largest automaker of the US, Ford Motors, following the results of the first quarter, reported on the growth of net profit by 9% to 1 billion 750 million dollars. Adjusted profit was 43 cents per share, which was higher than analysts' ...
03.05.2018 07:30:18

Barclays suffered losses in the first quarter due to fines in the US

British bank Barclays reported that in the first quarter it had recorded a net loss of 764 million pounds sterling against a profit of 190 million pounds over the same period last year due to fines imposed by the US authorities. Quarterly revenues ...
03.05.2018 07:30:18

Volkswagen reported a decrease in quarterly profit

In the first quarter of 2018, the German autoconcern Volkswagen reduced its net profit to 3.3 billion euros from 3.4 billion euros a year earlier. Operating profit amounted to 4.2 billion euros, decreased by 3.6%. Quarterly revenue increased ...
03.05.2018 07:30:18

ECB left the stakes unchanged again

The European Central Bank has kept the main refinancing rate unchanged - at zero level. The deposit rate remained at the level of minus 0.4%. According to the economists, the program of buying bonds will end this year. Most of them still expect ...
03.05.2018 07:30:18

British automakers reduced the production of cars by more than 6%

The production of cars in the UK in the first quarter of 2018 decreased by 6.3% in annual terms to 440 thousand 426 cars on concerns about future diesel cars and export prospects after Brexit, the Society of Motor Manufacturers & Traders ...
03.05.2018 07:30:18

Number of applications for unemployment benefits decreased to a minimum since 1969

Last week, the number of US citizens, who had applied for unemployment benefits for the first time, fell by 24 thousand to a minimum in 1969 of 209,000, the Ministry of Labor said. The indicator several times exceeded the forecasts of analysts, ...
03.05.2018 07:30:18

Fiat Chrysler net profit in the first quarter increased 1.6 times

Automotive concern Fiat Chrysler Automobile, following the results of the first quarter, reported on the increase in its net profit by 59%, or 1.6 times, in annual terms to 1 billion 20 million euros due to strong operating performance and ...
03.05.2018 07:30:18

ConocoPhillips increased its quarterly profit 1.5 times

The American oil and gas company, ConocoPhillips, increased its net profit 1.5 times in the first quarter compared to the same period last year to $888 million, the finversia.ru project writes with reference to the company's accounts. Quarterly ...
03.05.2018 07:30:18

World volume of direct foreign investments fell by 18% in 2017

Foreign direct investment in the world fell by 18% in 2017 and amounted to 1 trillion 411 billion dollars due to lower restructuring companies, the Organization for Economic Cooperation and Development said. The indicator fell to 1.8% of world ...
03.05.2018 07:30:18

Consumer confidence in the US declined in April

In April 2018, the consumer confidence index in the United States was 98.8 points, dropping from 101.4 points in March, the final data of the University of Michigan showed. Experts had expected the index to drop to 98 points. The indicator ...
03.05.2018 07:30:18

Exxon Mobil's hydrocarbon production in the first quarter was the lowest for this period since 1999

The largest public oil and gas company of the US, Exxon Mobil, reported that in the first quarter, hydrocarbon production in terms of oil equivalent decreased by 6% to 3 million 889 thousand barrels per day due to production failures. The extraction ...
03.05.2018 07:30:18

US economy in the first quarter increased by 2.3%

The US GDP in the first quarter grew by 2.3% in annual terms, preliminary data from the Ministry of Commerce showed. Compared to growth in the fourth quarter of 2017, the rate of economic growth slowed by 2.9%. Nevertheless, the dynamics turned ...
03.05.2018 07:30:18

Growth rate of Taiwan's GDP in the first quarter slowed to 3.04%

The economy of Taiwan in the first quarter of 2018 increased by 3.04% compared to the previous quarter, when GDP growth was 3.28%, according to the national statistical office of the country. Experts had expected growth in the first quarter ...
03.05.2018 07:30:18

Spain GDP in the first quarter grew by 0.7%

In the first quarter of 2018, Spain's economy grew by 0.7% compared to the previous quarter, according to preliminary data from the national statistical agency. The GDP growth in comparison with the fourth quarter of 2017 did not change. The ...
03.05.2018 07:30:18

Airbus cut its quarterly profit by 31%

In the first quarter, net profit of the European aerospace corporation Airbus Group decreased by 31% in annual terms to 283 million euros. The profit before tax and interest payments fell to 199 million euros. Adjusted EBIT was 14 million euros ...
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