Notizie dall'azienda

UBS expects 30% drop in house prices in Australia in the event of a recession in the country

The largest Swiss bank UBS conducted a study showing that housing prices in Australia could drop by 30% if a recession occurs in the country. In the event of the first recession in 27 years, UBS experts also expect large-scale legal proceedings ...
19.11.2018

Eurozone composite PMI fell in October to a minimum of more than 2 years

The composite PMI in the euro zone fell in October to its lowest since September 2016 level of 54.1 points from 53.1 points, IHS Markit reported. The most significant growth rate was observed in Ireland, however, it was the weakest in the last ...
07.11.2018

Moody’s predicts a global economy growth by 3.3% in 2018

International rating agency Moody’s has announced a forecast for the growth of the global economy. According to its experts, in 2018 global growth will be 3.3%, slowing down in 2019 to 2.9%. The economy in the developed countries of the G20 ...
07.11.2018

Exemptions for the largest consumers of Iranian oil caused a decline in oil prices

The United States, which resumed sanctions against Iran’s oil, banking and transportation sectors on Monday, made an exception for 8 countries. Permission for further purchases of Iranian oil for 180 days was obtained by South Korea, India, ...
07.11.2018

Ferrari doubled quarterly profit

Italian company Ferrari, specializing in the production of sports cars, following the results of the third quarter, reported a 2-fold increase in net profit compared to the same quarter in 2017 to 287 million euros. Tax benefits and an increase ...
07.11.2018

Experts predict a shortage in the copper market in 2018-2019

The International Wrought Copper Council predicts a shortage in the copper market in 2018 in the amount of 249 thousand tons and its decline to 165 thousand tons in 2019, as it expects global demand for copper, which may exceed its production, ...
07.11.2018

China reduced gold production, but increased its consumption

According to the Chinese Gold Association, the total gold production in China in the first 9 months of this year decreased by 0.57% and amounted to 372 tons 827 kilograms, which was caused by more stringent environmental requirements for gold ...
07.11.2018

Morgan Stanley lowers oil price forecast for next year

According to the new Morgan Stanley forecast, the average price of Brent crude will be $77.5 per barrel in the period from the fourth quarter of this year to the end of the third quarter of next year and $80 per barrel in October-December 2019. ...
07.11.2018

Mitsubishi Motors reported a half-year profit growth of 7%

Japanese car manufacturer Mitsubishi Motors, in the financial half-year to September 30, increased its net profit by 7.2% in annual terms to 51 billion 900 million yen, finversia.ru writes, citing company reporting. Per share, net income increased ...
07.11.2018

Quarterly profit of Pandora fell 25%

Pandora Jewelry House, located in Denmark, in the third quarter lost 25% of profit before taxes, interest, depreciation and amortization. The quarterly EBITDA was 1 billion 450 million krones. According to experts, the profit was expected to ...
07.11.2018

The ECB expects acceleration of inflation in the eurozone against the background of economic growth

The European Central Bank pointed out in its report that the lack of production capacity of eurozone companies could cause an acceleration of inflation in the region, Bloomberg reports. Against the background of previously published data indicating ...
07.11.2018

Investor confidence index in the euro zone fell to a 2-year low in November

The investor confidence index in the eurozone in November was 8.8 points, having decreased compared to the October value of 11.4 points, the results of the Sentix survey, which was attended by 991 investors, showed. The November figure was ...
06.11.2018

PMI in the UK services sector declined in October more than expected

The purchasing managers index in the UK services sector fell in October to 52.2 points from 53.9 points in the previous month, according to IHS Markit. The rate was the lowest since March of this year. Economists had expected the index to drop ...
06.11.2018

Sales of new cars in the UK fell in October

Sales of new cars in the UK fell by 2.9% in October compared to the same month last year to 153,599 cars, data from the SMMT showed. The reason for the negative dynamics was the insufficient number of cars for some brands due to changes in ...
06.11.2018

Inflation in Turkey accelerated to 25.24%

Consumer prices in Turkey rose by 25.24% in October this year compared with October last year, data from the Turkish Statistical Institute showed. Regarding September, when the price index was at the level of 24.52%, annual inflation in the ...
06.11.2018

Berkshire Hathaway almost doubled its operating profit in the third quarter

American company Berkshire Hathaway, which is owned by billionaire Warren Buffet, reported that in the third quarter, its operating profit increased almost 2-fold in annual terms to 6 billion 880 million dollars. The indicator surpassed analysts' ...
06.11.2018

The damage from the tsunami in the past 20 years amounted to 289 billion dollars

The total damage from the tsunami in the past 20 years, which led to the death of 251,770 people, amounted to 280 billion dollars, according to a UN study. The most significant damage caused by the tsunami was observed on the coasts of the ...
06.11.2018

Hong Kong property market expects correction

Raising interest rates in Hong Kong for the first time in 12 years, as well as the ongoing trade dispute between the United States and China, led to signs of a downturn in the Hong Kong real estate market, Bloomberg writes. In the five weeks ...
06.11.2018

Blair says the British parliament should reject any version of the Brexit deal

Former British Prime Minister Tony Blair said that, whatever the Brexit agreement, it must be rejected by the British Parliament, since any deal would be unacceptable for the country. As the Guardian newspaper reported, Blair believes that ...
06.11.2018

China intends to continue trade and economic cooperation with Iran, despite US sanctions

China will continue to trade with Iran even after the entry into force of the US sanctions aimed primarily at the Iranian oil industry, its banking structure and shipping. This was announced at a briefing by the Deputy Director of the Foreign ...
06.11.2018
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