In the second quarter of 2020, Japan’s economy shrank by 7.8% over the previous three months. Such preliminary official data was published by Trading Economics.
It is noted that the fall of GDP was recorded for the third consecutive quarter and became a record, due to the negative impact of the COVID-19 coronavirus pandemic.
At the same time, analysts, forecast in average, a 7.6% drop in GDP in the second quarter.
In annual terms, the Japanese economy in April – June fell by 27.8% with a forecast of a decline of 27.2%. In the first quarter, GDP fell by 2.2%.
Consumer spending in April – June fell by 8.2% in quarterly terms, compared with a decrease of 0.8% in the first quarter. Government spending decreased by 0.3% (previously unchanged).
Exports fell by 18.5% – the fall was the highest since the first quarter of 2009. Imports fell by 0.5%, falling for the third consecutive quarter.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]
During the first weekend of weekend quarantine, catering establishments lost 27% of turnover. This is as of Monday, November 16, according to the platform Opendatabot, citing data from Poster, a restaurant automation company. It is noted that during the week the turnover of cafes and restaurants fell by 10% compared to the previous week. In […]
Reuters reported, In Switzerland, the procedure of accelerated testing of Moderna vaccine has started. This will allow to approve the drug if it passes all clinical trials. “Swissmedic can get an initial idea of the benefits and risks of vaccine candidates before the study is completed. This speeds up the review process and at the […]
The World Health Organization expects that by the spring of 2021, the situation in the fight against the coronavirus pandemic could change significantly. The main hope is the invention of vaccine against the disease. This was stated by Adviser to the Director-General of the WHO Bruce Aylward. He noted that by March the situation could […]
Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]
Natural person – citizen of Ukraine Vadym Ermolaev will gain control over the company AC-Terra International Ltd. due to the resolution of Antimonopoly Committee (AMCU). This information was made public on its website of Interfax. Accordingly with the information, which published the Antimonopoly Committee on its website, AC-Terra International implements agricultural technical equipment of the […]Next
Shares of Netflix fell more than 11% after the close of trading on Tuesday, as the low number of new users of the streaming giant disappointed investors. Market analysts predicted a decline, but did not expect it to be so strong. In 2020, Netflix, on the one hand, received an incredible increase in users of […]Next
Previously unknown to the Ukrainian market Iranian airline company Mahan Air announced the launch of several regular eastbound flights from Kyiv. This reported the “Delo”. According to the publication, in the list are flights to India, China, Malaysia, Thailand and the UAE. Entering the Ukrainian market for the Mahan Air became possible due to the […]Next
Asian and Pacific Forum of Economic Cooperation (APFEC) of countries has taken place on 19-20thof November 2016 in Lima (Peru).The key political figures who representing different regions of the world will discuss the prospects of a further cooperation within the two-day meeting. It is especially important against the background of presidential elections in America results. It […]Next
The group of the companies Energy Resources of Ukraine together with its Polish partner the state oil and gas company PGNiG won the tender for gas supply for the GTS Operator of Ukraine. This is stated in the message of the company “ERU Trading”. “ERU Trading was able to offer the most competitive prices thanks […]Next
Economic Court of Odessa region has introduced the procedure of readjustment PJSC “Odessa Oil and Fat Plant”, 29 July 2016. This is stated in the relevant court judgment in the case №916/4932/15. The case of bankruptcy of PJSC “Odessa Oil and Fat Plant” Court of Odessa region was initiated December 28, 2015. Manager of readjustment has […]Next
The Supervisory Board of the state-owned PrivatBank has elected Gerhard Bösch as the new Chairman of the Board. This was announced on Thursday, May 27, the press service of the bank. It is noted that Bösch will take office after the approval of his candidacy by the National Bank of Ukraine. According to the press […]Next
The territory of the People’s Republic of China occupies the third place by area (after Russia and Canada, then the USA follows the PRC). However, it is in the first place in terms of population of more than 1.404 billion, leaving behind India (more than 1.377 billion) and the USA (more than 331 million). There […]Next
Shares of aerospace company Virgin Galactic fell by 13.78% to $ 20.71, according to trading data on the New York Stock Exchange. Securities of Richard Branson’s company are getting cheaper due to the background of the announcement of an additional issue emission. Virgin Galactic announced its intention to issue approximately 20.5 million new shares to […]Next
The coronavirus pandemic has allowed Ukrainian pharmaceutical companies to enter new world markets – the EU and Asia. The head of the board of Darnitsa Group Dmitry Shymkov in an interview stated this with the executive director of the European Business Association Anna Derevyanko. In particular, the shortage of medicines arose due to the fact […]Next
In the first two months of 2021, GDP fell by 2.8%, while in January the decline was estimated at 2.6%. This is stated in the review of the Ministry of Economy Thus, the reduction of the Consolidated Index of Production of Goods and Services by Main Economic Activities amounted to 4.2% (4% in January). Almost […]Next
In April, the profit of Ukrainian banks amounted to 6.6 billion hryvnias, and for the four months of 2021 – 17.538 billion hryvnias. NBU data from Friday, May 21 testify to it. The total income of banks in January-April reached 80.103 billion hryvnias, expenses – 62.565 billion hryvnias. At the same time, interest income amounts […]Next
The most popular cryptocurrency bitcoin has risen again to 60 thousand dollars. Its value increases on the news of a possible reduction in supply. Reuters writes about it. Note that bitcoin first took this bar on March 13, reaching a record high of $ 61,781.83 on the Bitstamp exchange. This came immediately after US President […]Next
The government committee has approved the sale of 71% of shares of PJSC Cherkassyoblenergo by one package.According to Delo.ua web-site, Igor Bilous, the head of the State Property Fund (FGI) reported about it. He says: “The decision on the merge of share blocks has been made, concerning Cherkassyoblenergo. We will sell the integrated packet of […]Next
Amazon continues to change our shopping habits at grocery stores. Following the already well-known Amazon Go stores, the company focused on providing technological solutions for larger supermarkets with a wide range. In February, Amazon launched its first full-size Amazon Go supermarket in Seattle and announced selling the technology to other companies. Amazon is now announcing […]Next
Ukrzaliznytsia resumed cooperation with the German national railway operator Deutsche Bahn and signed an agreement with the engineering and consulting firm DB Engineering & Consulting, which is part of it, to provide consulting services to create an energy management strategy. This was reported on the website of the Ministry of Infrastructure. “The energy management strategy […]Next