Economic news

Business confidence in the German economy has plummeted this month, according to a study by the Ifo Institute. This was indicated by the corresponding index, amounting to 90.8 points this month against the February value of 98.5 points. The fall in the index was stronger than the decline expected by economists to 94.2 points. Survey […]

Electric vehicle company NIO ended the 4th quarter of 2021 with a net loss of 2.1 billion yuan, 1.6 times more than a year ago. At the same time, the amount of revenue received showed an increase of 49%. It amounted to 9.9 billion yuan. In the reporting quarter, NIO sold 25,034 electric vehicles, up […]

Oil quotes demonstrate insignificant dynamics in different directions. As of 8:07 am Moscow time, the price of a barrel of Brent oil rose by 6 cents, or 0.05%, to $119.90. At the same time, the price of a barrel of WTI oil fell by 7 cents or 0.06% to $112.27. As a result of trading […]

According to an analysis by the Federal Reserve Bank of Atlanta, in the US, women’s wages have outpaced men’s for the past six consecutive months. Their size for women increased in February by 4.4% in annual terms. At the same time, wages for men increased by 4.1% over the year. The biggest 0.5% gap for […]

A study by the American media holding S&P Global and the British institute CIPS showed that the manufacturing sector in the UK saw a weakening of business activity in March. This was indicated by a specially calculated PMI index, which amounted to 55.5 points. In the previous month, its value was fixed at 58 points. […]

Nickel prices continue to rise. At auction in London, it soared by the maximum allowable 15% and exceeded the level of 37 thousand dollars per ton. On the eve of the quotes of this industrial metal also reached the upper limit of the corridor. During the trading session on March 8, the price of a […]

According to the estimate of the Ministry of Economic Development, according to the results of January, Russia’s GDP showed an increase of 6.6% in annual terms after an increase of 4.3% in December. The ministry did not publish a monthly review of the current situation in the country’s economy, since it is difficult to give […]

One of the largest Russian mobile operators, Megafon, reported a 6.6% increase in annual revenue. It amounted to 354.2 billion rubles. The company’s net profit increased 2.5 times to 66.3 billion rubles. Megafon also announced the results of the 4th quarter. The amount of net profit jumped 7.4 times to 32.3 billion rubles. Quarterly revenue […]

According to media reports, the Securities and Exchange Commission of Thailand announced the imposition of a ban on payments in cryptocurrency. The message emphasizes that cryptocurrencies in the country are not a means of payment. Thus, by imposing a ban on such transactions, the regulator seeks to protect Thailand’s financial system and economy, ensuring their […]

Chinese telecommunications company China Mobile ended last year with a net profit of 116.15 billion yuan, up 7.7% from a year earlier. At the end of the year, operating income reached 848.26 billion yuan. Its volume increased by 10%. Last year, 957 million people used the mobile communications of the world’s largest operator. For twelve […]