Financial news

22.07.2019 11:00:55

More than 50 companies will transfer their manufacturing from China

Nikkei Asian review is writing about 50 foreign and local companies’ desire to leave China because of keeping trade was with the US. It is caused by the lack of arrangement between China and the US leaders about certain deadlines of the ...
22.07.2019 11:00:55

BMW and Tencent are launching the unmanned vehicle computing center in China

Reuters Agency reported relating to informed sources BMW and Chinese Tencent internet company collaboration for release of the unmanned vehicle computing center in China. The new center which will have started working by the end of the year ...
22.07.2019 11:00:55

The EU is going to offer Boris Johnson another postponement of Brexit

The Great Britain will name a new country prime-minister and the Conservative party leader on 23 July. The new head of British Cabinet of Ministers will be elected between two candidates fighting for this post — a former head of Ministry ...
22.07.2019 11:00:54

S&P Global Ratings affirmed Russia’s global ratings at investment level of BBB-

S&P agency affirmed Russia’s rating at investment level of BBB-. The forecast is stable. The agency experts noticed the factors that influence a country’s rating positively. These are flexible monetary policy, low level of a ...
22.07.2019 11:00:54

The retail sales in Canada decreased in May by 0,1%

The decline of retail sales was observed in Canada. According to the country statistics office in May it declined by 0,1% to 51,5 billions canadian dollars. The negative dynamics of indicator is noticed first time during four months. The sales ...
22.07.2019 11:00:54

The state budget deficit in eurozone reduced in two times in Q1

The state budget deficit in the European countries decreased in January-March to 0,5% relating to GDP. In Q4 of 2018 it was 1,1% as Eurostat reports. In the European Union countries the indicator also reduced from 1% to 0,6%. Luxemburg, Bulgaria ...
22.07.2019 11:00:54

Drilling activity is reducing in the United States

From 13 July to 19 July the quantity of active oil drilling rigs in the US decreased by 5 units to 799 units according to Baker Hughes oilfield services company. The amount of gas production rose in 2 units to 174 units. The total number of ...
22.07.2019 10:00:51

Microsoft’s net profit increased in 2,4 times for the year

The world’s largest software producer Microsoft corporation reported its significant financial year results which ended on 30 June. American corporation observed its net profit growth in 2,4 times year-to-year to $39,24 bn. Revenues were ...
22.07.2019 09:01:02

American Express increased its net profit by 9% in Q2

According to American Express reports the company’s net profit in the second half of the year was at the level of $1,761 bn which is 9% less than the figure a year before. Earning per share was 2,07 dollars and exceeded economists’ ...
22.07.2019 09:01:02

Fitch confirmed Azerbaijan’s rates at the level of BB+

Fitch Agency reported that it retained the long-term default ratings of the issuer of Azerbaijan in national and foreign currencies at the level of BB+. Its ratings forecast stayed stable too. A low level of the state debt, strong dependence ...
22.07.2019 09:01:02

Nickel rose in price up to the year maximum

In the end of the previous week nickel prices reached its maximum value for last 12 months. On Thursday at the London Metal Exchange, this asset was trading at $ 14,995 per ton, which is 3,5% higher than its value at the close of the previous ...
22.07.2019 08:00:51

Consumer Confidence Index (CCI) in the US increased in July

A preliminary value of the CCI in the US in July was calculated by The University of Michigan at the level of 98,4 points. The indice raised regarding June when it had been 98,2 points, but had not reached an economists’ forecast of 98,8 ...
19.07.2019 12:00:46

UnitedHealth’s quarter profit grew by 13% and surpassed the forecasts

The biggest US company in the field of health insurance UnitedHealth Group reported by the end of Q2 about the net profit growth by 13% to $3,29 bn compared to the same quarter of 2018. Adjusted profit was at the level of 3,6 dollars for a ...
19.07.2019 12:00:46

Morgan Stanley decreased its net profit by 10% in Q2

Morgan Stanley, one of the four biggest American banks reported its revenues by the end of the Q2. According to its results the bank’s net profit was $2,201 billions. In comparison with the same quarter a year before the value declined ...
19.07.2019 12:00:46

China’s debt was 304% of GDP in Q1

China's debt showed significant growth in the first quarter. It increased to 304% of GDP according to the data of the International Institute of Finance. In the corresponding quarter of last year, China’s debt burden amounted to 297% ...
19.07.2019 12:00:46

The Central Bank of South Korea lowered base rate by 2,5%

The Central Bank of South Korea made an unexpected for the market decision. For the first time in the last three years, it lowered the key rate by 0.25 percentage points to 1.5%. In a statement, the Central Bank noted a slowdown in the growth ...
19.07.2019 12:00:46

eBay's net profit fell by 12,3% in Q1-Q2

The net profit of the world's largest online store eBay fell in the first half of the year by 12,3% compared with the same period last year and amounted to 920 million dollars. At the same time, the diluted earnings per share increased by 1 ...
19.07.2019 12:00:46

Uzbekistan's economy grew by 5,8% in January-June

Uzbekistan's GDP in the first half of the year increased by 5.8% in annual terms. This was announced by Deputy Minister of Economy and Industry of the country Ravshan Gulyamov. The indicator exceeded the forecast of analysts. The inflation ...
19.07.2019 11:01:14

The Japan's export decreased in June seventh time in a row

The Ministry of Finance of Japan reported that the volume of Japanese export was 6,585 yens in June. In comparison with June 2018 value it fell down by 6,7%. Its falling surpassed the decline by 5,2% expected by economists. The export decreasing ...
19.07.2019 11:01:14

The Swiss watches export fell down by 10,7% in June

The Federation of the Swiss Watch Industry FH reported that the export of Swiss watches fell down in June with the highest pace since October 2016. It decreased by 10,7%. In a whole watches of the amount of 1,738 billions of Swiss francs were ...
19.07.2019 10:00:48

Volvo’s revenues surpassed the market forecast in Q2

Sweden producer of commercial and cargo cars, buses and construction equipment Volvo reported on the Q2 about net profit growth to 11,13 billions of Sweden kroons. In 2018 this indicator was about 9,22 billions of kroons. Experts forecast ...
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