Company news

Consumer confidence in France reached a 14-month high

Consumer confidence in France improved in June to a 14-month high. Such data was published by the French statistical office Insee. The corresponding index was 101 points, having increased from May value of 99 points. According to economists, ...
27.06.2019

German consumer confidence index to fall in July

In July, consumer confidence in Germany is expected to deteriorate, according to a survey by research firm GfK. The consumer sentiment index was 9.8 points, down from the June value of 10.1 points. In June, there was a stabilization of economic ...
27.06.2019

Apple buys autonomous vehicle startup Drive.ai

Axios announced the acquisition of Drive.ai, a manufacturer of systems for unmanned vehicles, by the American company Apple. The agency received confirmation from Apple of this acquisition, but the corporation did not disclose how much the ...
27.06.2019

The price of Bitcoin has grown by more than 200% since December 2018

During trading on Wednesday, the Bitcoin rate was 12 thousand 900 dollars, an increase of 14%. Since December 2018, its price jumped more than 200%. In connection with the increased enthusiasm of investors, caused by plans to launch Facebook's ...
27.06.2019

The escalation of the conflict between the US and China will lead to a slowdown in the global economy, Fitch predicts

Experts of the international rating agency Fitch calculated the likely losses for the global economy, the economies of the United States and China from the introduction of the US 25 percent duty on Chinese imports in the amount of 300 billion ...
27.06.2019

FedEx reported quarterly loss amid slowing global growth

The report of the FedEx Corporation, which provides logistics services worldwide, for the fourth fiscal quarter to May 31 showed that its net loss was $1.97 billion, whereas a year earlier it reported a net profit of $1.13 billion. Adjusted ...
27.06.2019

Deliveries of wearable devices in Europe grew 2.2 times in the first quarter

In the first quarter, 10 million wearable devices were delivered to the European market. As reported by the International Data Corporation, the rate for the year increased by 118.5%. Headphones accounted for 40.1% of total supplies. The share ...
27.06.2019

British employers' confidence in the country's economy improved in June

The Recruitment & Employment Confederation surveyed British employers, the results of the survey showed that their confidence in the UK economy improved significantly due to the postponement of the Brexit deadline from March 29 to October ...
27.06.2019

Manufacturing confidence in France worsened in June

In June, manufacturing confidence in France weakened amid a decline in external demand and weak manufacturing prospects in the country. A report of Insee revealed a decline in the index of industrial relations to 102 points from the May value ...
26.06.2019

New Zealand's trade balance surplus fell in May

The trade balance surplus of New Zealand in May of this year was reduced to 264 million NZD from 383 million NZD in April, according to official statistics. Growth in exports by 8.5% over the year to 5.81 billion New Zealand dollars exceeded ...
26.06.2019

A group of billionaires has proposed a tax on wealth in the United States

A group of American billionaires appealed to US presidential candidates in the upcoming elections in 2020 with a call to impose a wealth tax in the country. They were convinced that new taxes should come from the richest US citizens, and not ...
26.06.2019

A strike at the Codelco mine could deprive the market of 10 thousand tons of copper

A strike at a copper mine in northern Chile, which belongs to the world's largest copper producer Codelco, which began in mid-June, may lead to the fact that ten thousand tons of this metal will not enter the world market., Bloomberg reported. ...
26.06.2019

US consumer confidence declined in June

In the US, consumer confidence fell to a minimum level since September 2017. According to the Conference Board, the corresponding index in June was 121.5 points, down from the May value of 131.3 points. Forecasts of economists suggested a decrease ...
26.06.2019

New home sales in the US fell by 7.8% in May

In May of this year, 626,000 new homes were sold in the United States. According to the US Department of Commerce, the figure compared with the previous month fell by 7.8% to its lowest level since January of this year. The fall in sales was ...
26.06.2019

China's car exports have declined by 4.9% since the beginning of the year

From the beginning of the year to May, China shipped 392,000 cars abroad. According to the China Association of Automobile Manufacturers, the figure fell by 4.9% compared to the same period last year. 259 thousand passenger cars were shipped ...
26.06.2019

Wholesale sales in Canada increased by 1.7% in April

Wholesale sales in Canada reached $65.3 billion in April, the rise for the fifth consecutive month. April's growth was at the level of 1.7%. At the same time, 5 of the 7 sectors showed an increase in sales. The largest growth was recorded in ...
26.06.2019

Libra may be viable, according to Fitch

Experts of the international rating agency Fitch believe that Libra, Facebooks' cryptocurrency, the launch of which is expected in 2020, may be viable. After analyzing the possibilities of a new digital currency, the agency indicated that Libra ...
26.06.2019

Steel production in the world since the beginning of the year increased by 5%

The World Steel Association reported that from the beginning of the year to May, the world produced 764.072 million tons of steel. Compared with the same period in 2018, its volume increased by 5%. The increase in steel output was recorded ...
26.06.2019

Oil finished the week with active growth

The conflict between Iran and the United States has increased the risks regarding oil supplies from the Middle East, which pushed oil prices to rise at the end of last week. Over the week, Brent crude has risen in price by 5%, WTI - by almost ...
24.06.2019

Citigroup predicts a rise in gold prices to 1 thousand 600 dollars in the next 12 months

Citigroup analysts believe that in the coming year, the price of gold could reach $1,600 per troy ounce if the US Federal Reserve reduces the base interest rate to zero and resumes the asset-buying program. On Friday, in the course of trading, ...
24.06.2019
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