Debt of emerging markets makes them vulnerable, Fitch said
The volume of outstanding debt securities of developing countries for 10 years increased to 19 trillion dollars from 5 trillion dollars. As stated by the international rating agency Fitch Ratings, the increased in almost 4 times debt makes ...
Walmart cut its quarterly net profit by 30%
The world's largest retailer, American Walmart, following the results of the first fiscal quarter ended April 30, reported a 30% decrease in net profit in annual terms to $2 billion 130 million. Adjusted earnings were 1 dollar 14 cents per ...
Quarterly profit and revenue of Cisco exceeded analysts' forecasts
The American transnational company Cisco, which develops and sells network equipment, said that in the third financial quarter ended April 28, its profits and revenues exceeded analysts' expectations. The revenue of the unit offering solutions ...
Volume of industrial production in the US rose by 0.7% in April
The volume of industrial production in the US rose in April by 0.7%, as well as in March, the Federal Reserve Bank said, noting that these data indicate the acceleration of the growth of the US economy in the second quarter. Production of equipment ...
Volume of construction in the euro area declined by 0.3% in March
In March, in the euro area there was a decline in construction volumes by 0.3% compared to February, when the index fell by 0.7%, according to the data of the Statistical Office Eurostat. The pace of construction in the euro area is declining ...
Foreign direct investment in China declined by 1.1% in April
In April of this year, foreign direct investment in the non-financial sector of mainland China declined by 1.1% year-on-year to 59.24 billion yuan, data of the Ministry of Commerce said. The indicator contracted for the first time since December ...
British Burberry increased annual profit by 4%
British company Burberry, one of the world's leading manufacturers of luxury goods, for the fiscal year ended March 31, increased its operating profit by 4% to 410 million pounds. Pre-tax profit was 413 million pounds, increased by 5%. The ...
Price growth for new housing in China accelerated in April
Prices for new housing in 70 major cities in China increased by 0.6% in April compared to March, when growth was 0.4%, according to the Wall Street Journal, based on data from the Office for National Statistics of China. In annual terms, the ...
Annual inflation in the eurozone was 1.2% in April
In April 2018, consumer prices in the euro area rose by 1.2% in annual terms and by 0.3% compared to March, when the annual inflation of 1.3% was recorded, the final data of the Statistical Office Eurostat showed. The indicators coincided with ...
Oil prices rose amid continuing clashes in the Middle East
On Tuesday, Brent crude oil exceeded $79 per barrel for the first time since November 2014 amid continuing clashes in the Middle East. Investors remain focused on riots in the gas sector and the expected consequences of US sanctions against ...