Sanctions against Russia will exert significant impact on the Finnish exports, estimated the Federation of Finnish Technology Industries on Wednesday.
U.S. stocks closed mixed after fluctuating narrowly Wednesday, as investors mulled the U.S. Federal Reserve’s latest policy decision and a strong rebound of the country’s gross domestic product (GDP) in the second quarter.
1 1.Analysts thought the fuel demand outlook is weak despite the strong economy data a. Dollars a barrel on the New York Mercantile Exchange,while Brent crude for September delivery lost 1.21 dollars to close at 106.51 dollars a barrel.
The U.S. dollar rose across the board Wednesday after official data showed U.S. economic growth unexpectedly reached 4 percent in the second quarter.
The U.S. Federal Reserve announced on Wednesday that it will continue to trim its monthly bond purchase program by 10 billion U.S. dollars to 25 billion dollars since August, staying on track to end the program later this year.
The Birmingham-based rail and bus operator National Express Group Wednesday announced its half-year profits shrunk by 21 percent after it was hit by freezing weather in the U.S. and strikes in Spain.
The 12.5 percent corporate tax rate remains central to Ireland’s offering to multinational companies, a cabinet minister said on Wednesday.
Latvian Financial and Capital Market Commission (FCMC) expert noted the importance of the capability of these companies to reorient themselves to the new markets following new phase of EU sanctions against Russia.
The European Union (EU) has agreed a package of “significant” additional restrictive measures targeting sectoral cooperation and exchanges with Russia, announced the European Council in a statement on Tuesday.
Switzerland’s largest bank UBS reported a net profit of 792 million Swiss francs (around 873 million U. S. dollars) in the second quarter, up by 15 percent from last year’s 690 million Swiss francs (761 million dollars), according to its latest financial report released on Tuesday.