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Euro area inflation accelerated in April to 1.7%

Eurostat published a final estimate of the level of inflation in the euro area in April. As of April 2018, consumer prices increased by 1.7%, accelerating growth against the March rise of 1.4%. The figure for April coincided with the expectations ...
20.05.2019

NVidia's net income and revenue fell in the first fiscal quarter

American company NVidia, specializing in the release of graphics processors, following the results of the first fiscal quarter to April 28, reported the decline in net profit by 68% compared to the same period last year to $394 million. Per ...
20.05.2019

Consumer spending on technology in the world in 2019 will exceed 1.3 trillion dollars

Analytical company International Data Corporation expects growth in consumer spending on technology in 2019 by 3.5% to 1 trillion 320 billion dollars. According to IDC analysts, by the end of 2022, the global technology market will reach 1 ...
17.05.2019

Euro area foreign trade surplus exceeded forecasts in March

Euro area trade surplus rose to 22.5 billion euros in March this year from 17.9 billion euros a month earlier, Eurostat reported. According to economists' forecasts, a less significant increase was expected - up to 19.9 billion euros. Eurozone ...
17.05.2019

Tencent's net profit rose 17% in the first quarter

Chinese Internet company Tencent reported that in the first quarter of this year, its net profit grew by 17% from the same period a year earlier to 27.21 billion yuan. Experts had expected less significant profit growth - up to 19.9 billion ...
16.05.2019

Adjusted profit of RWE increased 3.5 times in the first quarter

One of the leading energy companies in Europe, German RWE, completed the first quarter of 2019 with an increase in adjusted earnings 3.5 times compared to the same period a year earlier. Its quarterly figure was 273 million euros. Adjusted ...
16.05.2019

Inflation in France accelerated to 1.3% in April

In France in April of this year, the acceleration of annual inflation was recorded, according to national standards, up to 1.3% from 1.1% in March. Such final data was provided by Insee. For the month, consumer prices rose by 0.3%. Economists ...
16.05.2019

Credit Agricole in the first quarter reduced its net profit by 11%

French bank Credit Agricole reported the financial results of the first quarter of this year. In a press release, the bank said that during the earnings period, its net profit declined by 11% in annual terms to 763 million euros, since a year ...
16.05.2019

Industrial production growth in China slowed in April

In April, industrial production in China grew by 5.4% year-on-year, the country's national Bureau of Statistics reported. Compared to the March rise by 8.5%, its growth slowed. Economists had expected a less significant slowdown - up to 6.5%. ...
16.05.2019

Euro area economy up 0.4% in the first quarter

The final assessment of the growth of the euro area economy is kept at the level of preliminary data. As Eurostat management reported, in the first quarter of 2019, euro area GDP grew by 0.4%, noting the maximum acceleration of growth over ...
16.05.2019

Alibaba completed fiscal year with net profit growth of 37%

The largest Internet company in China, Alibaba, reported the results of the fiscal year ended March 31. The company's statements showed that its net profit reached $13.053 billion. Over the year, the figure rose by 37%. Earnings per share rose ...
16.05.2019

US retail sales fell 0.2% in April

The US Department of Commerce published data on the dynamics of retail sales in April. Last month, retail sales fell by 0.2% in the United States compared to March, when they grew by 1.7%. For experts, the decline was a surprise, they had expected ...
16.05.2019

Lithium production in China has become cheaper due to technological breakthrough

The introduction of new technologies in the process of lithium mining in China has reduced the cost of production of this essential component of batteries for electric vehicles to 15,000 yuan per ton, which is a record low, the South China ...
16.05.2019

US industrial production fell 0.5% in April

In April, industrial production in the United States fell by 0.5%, noting the third drop in the index over the past 4 months, the Federal Reserve reported. Economists had not expected a decline. They had predicted an increase of 0.1%. American ...
16.05.2019

British economy accelerated growth to 0.5% in the first quarter

The British economy grew 0.5% in the first quarter. As reported by the Office for National Statistics, growth accelerated compared with a 0.2% increase in the previous quarter, confirming economists' forecasts. Compared to the same period a ...
15.05.2019

Annual inflation in China accelerated in April to 2.5%

In April, the annual consumer price inflation in China was 2.5%, having accelerated from March's value of 2.3%, data from the National Bureau of Statistics showed. Inflation reached its highest level since October 2018 amid rising food prices. ...
15.05.2019

Industrial production in the UK exceeded forecasts in March

In March, in the UK, industrial production grew by 0.7% against February. As the data of the ONS management showed, the growth rate accelerated in comparison with the rise by 0.6% in February. Its increase has been observed for the past three ...
15.05.2019

Industrial production in France fell sharply in March

Industrial production in France declined in March by 0.9% compared to February, when there was an increase of 0.1%, data from Insee showed. The sharp drop in the indicator was due to a decline in the manufacturing industry by 1% after February ...
15.05.2019

Unemployment in Canada fell in April to 5.7%

In April, unemployment in Canada was 5.7%, dropping by 0.1 percentage points from March, official statistics show. The employment rate for the month increased by 106 thousand 500 people, and over the year it grew by 426 thousand. In percentage ...
15.05.2019

Toshiba's net profit increased by 25% in the past fiscal year

Japanese corporation Toshiba, following the results of the past fiscal year, published a report, according to which, its net profit increased by 25% and amounted to a record 1.01 trillion yen. At the same time, the company reported a drop in ...
15.05.2019
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