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Huawei resumes full work

    Huawei resumes full work

More than 135 thousand employees of the Chinese high-tech giant Huawei Technologies Co. have resume work that was stopped due to the coronavirus pandemic. The company employs about 150 thousand

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Data on the Chinese production and sales show a catastrophic drop

    Data on the Chinese production and sales show a catastrophic drop

Usually, official Beijing does not calculate statistics separately for January and February. They prefer combining indicators for both months. Such a calculation scheme has been introduced in order to smooth

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Japan’s GDP lost 7% in the IV quarter

    Japan’s GDP lost 7% in the IV quarter

Financial indicators of Japan for the fourth quarter of last year have been made public. The country’s GDP has fallen 7%. This is the biggest drop in the last 5.5

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Minister of Finance of Estonia announced the beginning of a new economic crisis

    Minister of Finance of Estonia announced the beginning of a new economic crisis

The Minister of Finance of the Republic of Estonia said that a crisis had started in the country. Martin Helme said that the decline would be stronger than in 2008.

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Indonesian PT Timah becomes a leader in tin production

  Indonesian PT Timah becomes a leader in tin production

According to the reports of the International Tin Association, currently, PT Timah from Indonesia is the largest producer of low-melting

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Central Bank of Australia cuts the base rate

  Central Bank of Australia cuts the base rate

The Central Bank of Australia has cut its base rate by 25 points to 0.5%. This is a record low.

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In February PMI indexes of China fell to record lows

  In February PMI indexes of China fell to record lows

PMI indicator (Purchasing Managers’ Index), relating to the processing industry of China, has shown the lowest value in February. We

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AB InBev expects the total return to fall to 10-year lows

  AB InBev expects the total return to fall to 10-year lows

AB InBev, a beer producer, has shared a gloomy forecast with investors. The company’s experts predict that already in the

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Oil drops to annual lows

  Oil drops to annual lows

On Thursday, oil continues to lose ground, after a day earlier it fell to its lowest levels in the past

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Buffet is not going to change strategy because of coronavirus

  Buffet is not going to change strategy because of coronavirus

A famous American billionaire Warren Buffett has issued an annual statement for investors and gave an interview on this occasion.

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