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China has ordered from Airbus 300 aircraft to the value of 35 billion dollars

Chinese company China Aviation Supplies Holding issued an order for the purchase of 300 aircraft from the European aircraft manufacturer Airbus for a total amount of $35 billion. The order included 290 narrow-bodied A320 aircraft and 10 A320 ...
27.03.2019

The confidence of German entrepreneurs in the country's economy grew in March

The German entrepreneur confidence index was 99.6 points in March, having risen from 98.7 points in February, the Ifo Institute reported. The index showed growth for the first time after a six-month decline and turned out to be better than ...
26.03.2019

Citigroup improved its forecast for the average annual price of Brent for 2019

In the March review, Citigroup improved its forecast for the average annual price of Brent crude for the current year from $64 to $70 per barrel, Bloomberg reported. Citigroup experts expect that in the second quarter, this sort of oil will ...
26.03.2019

Qatar Airways has postponed the delivery of the Boeing 737 MAX

Airline Qatar Airways decided not to replenish its fleet with Boeing 737 MAX airliners in April of this year, announcing the cancellation of the planned delivery until the reasons for the crash of this plane in Ethiopia were determined. As ...
26.03.2019

The head of the Federal Reserve Bank of Chicago notes a slowdown in the US economy, but considers a recession unlikely

The head of the Federal Reserve Bank of Chicago, Charles Evans, in an interview with CNBC during the Asian Investment Conference, Credit Suisse, commented on financial market concerns about the inverted yield curve. He noted that the flat yield ...
26.03.2019

OPEC + countries canceled April meeting in Vienna

The member countries of the OPEC + agreement to reduce oil production have made a formal decision to cancel the ministerial meeting scheduled for April in Vienna. This was reported to Bloomberg by OPEC delegates who wished to be unnamed. According ...
26.03.2019

Discussion of e-commerce may slow down the signing of a US trade agreement with China

The signing of a trade agreement between the United States and China can be slowed down due to the difficulties encountered during the negotiations to resolve controversial issues in the field of e-commerce, sources familiar with the negotiations ...
26.03.2019

Belgian business sentiment improved in March

In March, the Belgian business sentiment index showed a significant improvement after a decline during the previous three months, according to official data. In the manufacturing industry, the indicator of business confidence rose to minus ...
26.03.2019

Producer price inflation in Spain rose in February for the first time in 5 months

In Spain, in February, an increase in producer price inflation was recorded for the first time in the last 5 months. According to INE statistics, producer prices rose 1.9% in annual terms last year. In January and December, there was an increase ...
26.03.2019

The EU wants to switch to the euro when paying for energy

The European Commission is discussing with the EU countries the possibility of using the euro in payments for energy. Only 20% of contracts for the supply of oil and gas to European countries are denominated in euros, although the European ...
26.03.2019

Malaysia may refuse to buy fighters in the EU due to restrictions on the use of palm oil

Malaysia, the second largest palm oil producer in the world after Indonesia, is concerned about the EU’s plan to restrict the use of palm oil in biofuel production. The European plan calls for a reduction in the use of palm oil starting from ...
26.03.2019

Nike in the third fiscal quarter recorded a profit against a loss a year earlier

According to the results of the financial quarter ended in February, American company Nike, which produces sporting goods, reported a net profit of $1 billion 101 million, as opposed to a net loss of 921 million dollars recorded at the end ...
25.03.2019

Inflation in Japan slowed down in February to 0.7%

Consumer prices in Japan, not taking into account fresh food, rose in February by 0.7% in annual terms, according to official data. For the Bank of Japan, this inflation rate is the main one. In the previous month, it increased by 0.8%, and ...
25.03.2019

The number of new hedge funds in 2018 has decreased to a minimum in 18 years

According to the data of HFR, published by the Financial Times, last year, only 561 new hedge funds were launched to the world market, the lowest amount in 18 years. The report notes that the number of new hedge funds has been decreasing annually ...
25.03.2019

At the end of last week, Brent oil fell by 0.8%, WTI oil went up by less than 0.1%

The price of Brent crude fell by 0.8% last week, while price of WTI crude oil rose by less than 0.1%. During trading on Friday evening, there was an increase in the fall in oil prices amid falling stock markets and rising bond prices caused ...
25.03.2019

Sales of homes in the secondary market in the US rose in February by 11.8%

In February, 5,510,000 homes were sold in the secondary market in the United States, which is 11.8% more than in January, the National Association of Realtors reported. The February growth rate was the most significant since 2015. According ...
25.03.2019

Retail sales in Canada fell by 0.3% in January

In January, Canadian retail sales declined by 0.3% on a monthly basis, after a similar decline in January, reaching 50 billion 87 million Canadian dollars. This statistical office data came as a surprise to experts who had expected retail growth ...
25.03.2019

Business activity in the euro area slows in March

In March, the composite PMI in the euro area, according to preliminary data from IHS Markit, dropped to 51.3 points from the February level of 51.9 points. The slowdown in business growth in the eurozone is mainly caused by a sharp decline ...
25.03.2019

Deutsche Bank expects that the amount of revenue in 2019 will be slightly above the level of 2018

Deutsche Bank in its annual report announced plans to increase revenues in the current year slightly above the 2018 level. To this end, the bank intends to increase investments in a number of areas, reorganize its business, and optimize liquidity ...
25.03.2019

Porsche will give a 9.700-euro bonus to every employee for their exceptional performance

A subsidiary of the German concern Volkswagen, car manufacturer Porsche, announced its intention to give all its 25 thousand employees a premium of 9,700 euros for their “exceptional performance”. This amount will be accrued to the employee, ...
25.03.2019
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