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Oil rises in price against the reduction in the number of drilling rigs in the USA

Prices for a barrel of Brent and WTI oil rose moderately on the basis of trading on Monday, Baker Hughes reports. The price of Brent futures for March rose 0.43% to $62.97 a barrel. March WTI futures climbed 0.39% and exceeded $54 a barrel. ...
22.01.2019

Global foreign direct investment declined by 19% in 2018

Donald Trump's tax reform triggered a reduction in global foreign direct investment (FDI) by 19% last year. The volume of investments amounted to $1.2 trillion, the UN Conference on Trade and Development (UNCTAD) reports. FDI reflects the level ...
22.01.2019

Uber will start developing unmanned scooters and bicycles

Uber, the American taxi service and the app of the same name, will start developing unmanned bikes and scooters. Unmanned vehicles themselves will be able to drive up to the place of recharging, the head of 3D Robotics, Chris Anderson, said. ...
22.01.2019

Bundesbank: the German economy avoided a recession in 2018

Germany faced low growth at the end of 2018, but the country managed to avoid a recession, the Central Bank of Germany reports. The European Central Bank chose a tight monetary policy path, so the slowdown in the growth rates of leading EU ...
22.01.2019

57% of electric cars in 2019 will be sold in China

Bloomberg: in 2018, manufacturers will sell another 2.6 million electric vehicles. This will provide a 40% increase from last year, although in 2018 the electric vehicle market grew by 70%. Today in the world there are almost 5 million electric ...
22.01.2019

The expectations of British households about their financial situation have remained near the minimum over the last 5 years

The British households finance index, according to IHS Markit, rose to a maximum in three months at the beginning of the year. The inflation rate simultaneously dropped to its minimum level in two years, to 2.1%. In the absence of an agreement ...
22.01.2019

China historically increased oil imports in 2018

China increased imports of oil and gas last year, the country's National Bureau of Statistics reports. In 2018, China imported 10.1% more oil. The volume of oil purchases reached 460 million tons. In December, imports grew by 30% compared to ...
22.01.2019

Oil prices rose 3% on Friday

Prices for oil of leading brands rose by 3% on Friday evening against the background of production cuts by OPEC + countries. The cost of the March futures for the Brent oil rose by 2.47% to 62.69 dollars per barrel. During trading on Friday, ...
21.01.2019

Reuters: ECB will postpone rate hike until fourth quarter of 2019

According to a Reuters survey, the European Central Bank will postpone the increase in deposit rates until the fourth quarter of 2019. Earlier, the increase was planned for the third quarter of the year, but concerns about the German economy ...
21.01.2019

Netflix subscribers growth exceeded forecasts

Netflix announced the financial results of the IV quarter. Subscriber growth was 8.8 million subscribers, while analysts and Netflix had expected growth of 7.6 million. The company's revenue did not reach its own projected figures of $4.20 ...
21.01.2019

UAE and Saudi Arabia create joint cryptocurrency

UAE and Saudi Arabia have announced their intention to create a joint cryptocurrency in order to strengthen cooperation, the WAM news agency reports. The news was announced at a meeting of the Emirates-Saudi Coordination Council in Abu Dhabi. ...
21.01.2019

US consumer confidence index did not reach forecasts

Consumer confidence in the United States, according to the University of Michigan, fell to 90.7 points in January 2019. In December, the value of the index was 98.3 points; this month, experts expected a decrease to 96.8 points. US consumer ...
21.01.2019

Growth in US industrial production in December exceeded forecasts

In December 2018, industrial production in the United States grew by 0.3%, according to a report by the Federal Reserve System (FRS). Experts had expected growth of 0.2%. Industrial production indicators have improved in the process industry. ...
21.01.2019

Tesla to reduce staff by 7%

The largest manufacturer of electric vehicles, Tesla Inc., will reduce the staff by 7%, company CEO Elon Musk reported in the corporate blog. Tesla abandons a number of employees around the world, leaving only some of the most important contractors ...
21.01.2019

UK retail sales decline exceeded forecasts

The volume of retail sales in the UK fell by 0.9% in December compared to the previous month, the Office for National Statistics (ONS) of the country reports. Over the year, sales increased by 3%. Analysts had expected a monthly decline of ...
21.01.2019

Renault sales rose 3.4% in 2018

Sales of Renault Group vehicles grew by 3.5% last year to 3.88 million units. The integration of the Jinbei and Huasong brands was one of the reasons for the growth in 2018. Sales of the Renault brand declined in 2018 by 5.2% to 2.533 million ...
21.01.2019

Schlumberger recorded a net profit in 2018 against a loss a year earlier

The net profit of the American oil and gas company, Schlumberger, was $2.138 billion compared to a loss of $1.555 billion in 2017. Revenue increased by 8% to $32.815 billion. Net diluted earnings per share were $1.53 against a loss of $1.08 ...
21.01.2019

The revenue of semiconductor manufacturers grew by 13.4% in 2018

At the end of 2018, revenue growth of chip makers was 13.4% and reached $476.69 billion, according to research company Gartner. The top 25 semiconductor manufacturers increased revenue by 16.3%, which is higher than other companies. The revenue ...
18.01.2019

Shareholders of Red Hat have approved the sale of IBM for $34 billion

Red Hat announced that shareholders had voted to sell the company to IBM, the IT giant, for $34 billion. The sale of the company was approved by the holders of 141 million shares of Red Hat, owners of more than 181 thousand shares voted against. ...
18.01.2019

Hitachi decided to stop the construction of nuclear power plant in the UK

The Japanese company notes that the project was frozen due to a lack of investment and economic inexpediency. Simultaneously with the stop of construction, the assets in the amount of 300 billion yen will be debited from Horizon Nuclear Power ...
18.01.2019
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