Investor Buying at Saudi Aramco 1920 1143 Energy-markets

Investor Buying at Saudi Aramco

About 4 million investors want to acquire a stake in the world’s largest oil company, having closed the Saudi Aramco’s retail tranche before the IPO one day before the completion of applications. The contribution reached 32.6 billion riyals for $ 8.7 billion. The third part will be the largest sale of shares in the world.…

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Trump has Agreed to the Hong Kong Bill 1920 1281 Energy-markets

Trump has Agreed to the Hong Kong Bill

The President of the United States nevertheless agreed to pass the bill on the protection of the rights of protesters in Hong Kong submitted by Congress. Trump commented that he decided on such a crucial step out of respect for the Chinese leader, China and the citizens of Hong Kong. However, the Chinese authorities called…

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Volkswagen Intends to Invest 4 Billion Euros in China 1920 1280 Energy-markets

Volkswagen Intends to Invest 4 Billion Euros in China

Volkswagen automaker plans to invest nearly 4 billion euros with China along with its partners in a year. Moreover, 40% of this amount will be directed to the production of electric vehicles, including infrastructure, research and development. In the next few years, the automaker will invest in electric cars more than in cars that run…

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Growing Consumer Confidence in the Eurozone 1920 1280 Energy-markets

Growing Consumer Confidence in the Eurozone

The index of business and consumer confidence in the eurozone economy rose to 101.3 points from 100.8 points, according to the European Commission. Analysts had expected the indicator to rise to an average of 101 points. The confidence indicator of European industrial companies rose from 9.5 points in October to minus 9.2 points. The final…

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Deere Profit Declines Due to Trade Tensions 1920 1323 Energy-markets

Deere Profit Declines Due to Trade Tensions

Deere (NYSE: DE) & Co. reported a decrease in profit in the 4th quarter. due to trade tensions and bad weather conditions in the US agricultural belt, which slowed down the purchase of equipment by farmers. The company’s profit was $ 2.14 per share, compared with $ 2.30 per share for the quarter ended November…

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Wall Street Highs amid Trade Optimism 1920 1280 Energy-markets

Wall Street Highs amid Trade Optimism

The principal Wall Street indices closed at record highs as investors gave a positive assessment to the news of trade negotiations between the US and China, including US economic data. In the third quarter of 2019, US GDP was 2.1%, as reported by the Department of Commerce, citing preliminary data. Analysts had expected growth of…

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