The largest bank in Europe reports a higher than expected quarterly profit
HSBC Holdings (LON: HSBA) PLC reported on Monday a profit increase of 5% in the first half of the year and announced the third reverse buy-b...
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Quarterly reports of UBS and Credit Suisse
Following the results of the second quarter, the largest Swiss bank UBS AG increased its net profit by 14% to 1.17 billion Swiss francs ($ 1...
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Peugeot increased its sales and profits above expectations
The French PSA Group, the manufacturer of Peugeot and Citroen cars, increased sales and profits in the first half of the year, surprising an...
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BMW does not accept accusations of conspiracy
BMW has denied accusations of a cartel conspiracy. "The cars of the BMW Group are not involved in manipulation and comply with the current r...
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Quarterly profits of Microsoft rose more than twice
The net profit of the world's largest software manufacturer Microsoft Corp (NASDAQ: MSFT) in the fourth quarter of 2017 fiscal year ende...
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Bank of America’s profits exceeded forecasts
The second largest bank in the US in terms of assets – Bank of America Corp (NYSE: BAC) reported that the quarterly profit exceeded fo...
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Renault sales rose over 10% YTD
In the first half of the year, the French automotive group Renault increased sales by 10.4%, while the global car market in January-June inc...
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JP Morgan and Wells Fargo reported an increase in profits
JPMorgan Chase & Co (NYSE: JPM), the largest US bank by assets, reported a 13.4% rise in quarterly profit on Friday, as revenues against...
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Royal Bank of Scotland will pay over five billion to the US FHFA
Royal Bank of Scotland will pay $ 5.5 billion to settle one of two high-profile lawsuits in the US that accused the bank of selling high-ris...
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Chinese stock market slightly fell
The main stock indices of China slightly decreased at the end of the trading session on Monday - investors are waiting for new catalysts for...
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Microsoft will cut 3 thousand jobs
On Friday, Microsoft Corp. (NASDAQ: MSFT) announced the forthcoming reduction of 3000 jobs in the process of reorganization, aimed at increa...
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Volvo is betting on electric cars
Since 2019, all Volvo cars will be equipped with electric motors or hybrid motors, said automaker CEO Hakan Samuelsson. Thus, Volvo became t...
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Gold fell to a 6-week low
On Monday, gold prices fell to the lowest level in a month and a half and are preparing to fix the third consecutive decline session. The ap...
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GBP/USD still keeps close to six-month peak
On Friday, the pound fell against the US dollar, but stayed close to the highest in six weeks, after the published report on economic growth...
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USD updated the 8-month low
On Wednesday, the US dollar has updated the lowest level in eight months against the basket of other major currencies amid a delay in voting...
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Currency reserves of oil exporters fell to the lowest in 10 years
The foreign reserves of the largest oil-exporting countries have fallen to the lowest in over a decade by the end of 2016. As of the end of ...
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EUR/USD rose on mixed PMI data in the euro area
The euro rose against the US currency on Friday after the release of mixed euro zone economic reports. Demand for the dollar remained weak d...
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British pound rose sharply on Haldane's comments
On Wednesday, the British pound moved in uptrend after the leading economist of the Bank of England Andy Haldane said he would have voted to...
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Nikkei reached a 2-week peak
Japanese stocks reached two-week highs on Monday amid the strengthening of the dollar against the yen, while Nomura Real Estate securities d...
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The Fed can reduce the volume of assets on its balance sheet to $ 3 trillion
The Federal Reserve System can reduce the volume of bonds of the US and various government agencies, mortgage and other securities on balanc...
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Dollar fell to 7-month lows
The US dollar continued to decline against other major currencies on Wednesday to the lowest in seven months amid the publication of disappo...
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Gold moderately declines before the Fed meeting
During the morning trading session on Monday in European markets, gold prices began the week with a moderate decline. Investors expect the r...
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Stock markets of the Asia-Pacific Region show mixed results
Stock indices of the Asia-Pacific region (APR) changed in different directions on Wednesday. The Japanese Nikkei 225 index rose by less tha...
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German DAX rose to record high
The German stock market finished Friday session higher due to the strengthening of the food and beverage, the chemical industry and core res...
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Metro reported a loss in the consumer electronics division
German retailer Metro on Wednesday reported a loss in the consumer electronics division, citing a large amount of investment ahead of the se...
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LSE buys analytical and index business Citi for $ 685 million
London Stock Exchange (LON: LSE) decided to purchase the Citibroup (NYSE: C) owned Yield Book platform for $ 685 million in cash. The latter...
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Sharp expects a profit for the first time in 4 years
Japanese Sharp Corp reported on Friday that it expects to receive a net profit for the first time in four years following the fiscal year en...
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The US Department of Justice keeps an eye on car producers
On Wednesday, the US Department of Justice filed a lawsuit against Fiat Chrysler Automobiles (FCA), accusing the company of using software t...
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European Commission notes a better eurozone economy
The financial situation of the eurozone countries has improved, which indicates the growth of the financial stability of the bloc, but the b...
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