Russian economy raised by 0,7% in Q1-Q2
The GDP of the Russian Federation increased by 0,7% in Q1-Q2 compared to the same period a year before as the Ministry of Economic Development reported. In June, the GDP increase was also 0,7% in comparison with 0,1% growth in May. Russian ...
Net profit of IBM increased by 4,2% in Q2
International Business Machines American corporation specialized in supplies of computer services reported about Q2 results. A net profit according to reports was $2,5 billions. The annual growth of the value was 4,2%. The profit excluding ...
British retail sales increased in June by 1%
British retail sales in June as the ONS statistical office reported grew up by 1% compared to May when it was noted their reducing by 0,6%. The indicator increasing was sudden for the market because economists purposed its declining by 0,3%. Compared ...
Renault Group reduced sales by 6.7% in the first half of the year
The French automaker Renault Group, following the results of the first half of the year, reported a drop in sales of 6.7% from the same period a year earlier to 1.94 million vehicles. Nevertheless, the group was able to keep the global car ...
Unemployment in the UK in March-May remained at a 44-year low
Between March and May, unemployment in the UK did not change, keeping the 44-year-old low of the previous three months at 3.8%. Economists also did not expect a change in the indicator. At the same time, a slight decrease in the level of employment ...
Investor confidence in the German economy declined in July
The ZEW Institute has published data on the investor and analyst confidence index in Germany for the next six months. Its value dropped this month to minus 24.5 points from the June level to minus 21.1 points. ZEW experts have noted that the ...
Eurozone's foreign trade surplus rose to 23 billion euros in May
Eurostat reported that in May the export volume of the euro area increased by 7.1% compared to the same month a year earlier and reached 203.4 billion euros. Euro area countries imported products worth 180.3 billion euros this month, which ...
British banks claim slower business investment
The leaders of large UK banks told Reuters about the weakening activity of corporate clients in recent months amid statements by two candidates for the post of British Prime Minister about the readiness to hold Brexit without a deal. Commercial ...
China's economy grew by 6.2% in the second quarter
The Chinese economy in the second quarter, according to the National Bureau of Statistics, showed the slowest growth rates since the nineties due to the ongoing trade dispute with the United States. China's GDP grew by 6.2%, slowing down from ...
AB InBev Asia delays pricing the largest IPO
Investors linked the postponement of the initial public offering of shares of the Asian business AB InBev with a high price, although the company's explanations boiled down to poor market conditions. AB InBev, the world's largest brewing company, ...
PSA Group reduced sales by 12.8% in the first half
French carmaker PSA Group, the second-largest car manufacturer in Europe after Volkswagen, published a report, according to which, following the results of the first half of this year, 1.903 million cars were sold. Relative to the same period ...
Citigroup increased quarterly profit by 7%
Citigroup, one of the largest US banks, reported net profit growth of 7% in the second quarter compared to the same period last year to $4.799 billion. The bank recorded adjusted earnings of $1.94 per share, while experts had predicted $1.81 ...
Singapore's economy fell 3.4% in the second quarter
The Ministry of Trade and Industry of Singapore reported the strongest fall in GDP since the third quarter of 2012. In the second quarter, Singapore’s economy contracted by 3.4% compared with the first three months of this year. In the ...
US producer prices rose 0.1% in June
In June of this year, the weakest annual increase in producer prices in nearly 2.5 years was recorded in the USA. According to the US Department of Labor, the June price increase was at the level of 0.1%, as well as a month earlier, which confirmed ...