Investors are as pessimistic as never in regards to the largest French retailer Carrefour SA, Bloomberg reports.
Saudi Arabia offers additional oil volumes above contractual to some of its cliens, Bloomberg informs. It happend after OPEC's members decided to quit agreement on output curbs.
Saudi Arabian Oil Co. offered extra shipments in August to at least two of its clients in Asia.
In our previous article “Megayacht in Mediterranean Sea: Tax Aspects” we saw how important it is to wisely choose place for yacht registration, in order to optimize taxes. Island state Malta allows reaching this goal, especially in regards to VAT optimization. Malta is also offers few leasing and freight schemes that can allow reducing total VAT amount.
Many products of Procter&Gamble company sold in Canada from candles to shaving foam got under duties imposed on American imported goods, Reuters reports. Canadian regulatory authorities refused to make exception in response to the company's request.
Monthly trade surplus of China with US reached record level in June, Bloomberg reports. Export volumes grew, which underlines the reason for trade war between two largest economies in the world.
Trade surplus was $28,97 billion. This is the biggest monthly number since 1999. Export grew to $42,62 billion.
As Bloomberg reports, European shares grow today and US futures fall as investors turned their attention to corporations’ reports for second quarter.
Oil can show the biggest slump in almost five months as growing trade tension between the US and China made investors worry, and Libya is planning to raise output, Bloomberg reports.
UK’s prime minister desire to provide for soft Brexit, which assumes close economic partnership with European Union, will support sterling, Bloomberg reports with reference to Deutsche Bank AG.
Bank of England’s plan to raise interest rates in August this year will provide additional support to pound as well.
The largest money in London’s property market are now attracted to small warehouses, Bloomberg reports.
Rent for reducing industrial warehouse capacities grows as online retailers, such as Amazon.com, are looking for local hubs to cut delivery time.
Shares of Norwegian Air Shuttle ASA grew the most in three weeks after the company reported record revenue, Bloomberg reports.
House prices in London continue its decline amid reducing demand for homes in the capital, Bloomberg reports with the reference to Royal Institute of Chartered Surveyors.
During last six months there were more agents signaling about price fall than about price gains. At national level prices stayed at comparatively stable level.
Stocks and commodities started gaining some ground on Thursday, Reuters reports.
Chinese shares gained more than 2%, while oil played back some losses that it suffered on Wednesday, when price dropped almost 7%.
