China and America in on the good way to deal

China and America in on the good way to deal

China is heading to deal with United States after last speak from commerce minister on Thursday. On the other side China refuse to answer on question if Washington impose more tariffs on Sunday. Amount of new tariffs from US imposed on Chinese goods in total 160 billion dollars. Today is the day when we will...
Porsche’s successful electric car

Porsche’s successful electric car

Porche has already received payment from 30 000 customers who ordered their Taycan. All of them are from Europe. These customers transferred 2 500 euros as pre-order and 10 000 of them have already placed order to make it. CEO of Porsche said that it exceeds expectation of the company. Porsche’ s shipment Taycans to...
Cutting of output didn’t help

Cutting of output didn’t help

Prices of oil dropped today. The reason is trade war. Connected with it phase one (raising of tariffs) which will act in 15 of December 2019. Trade war slowing the outlook of economic growth of the world which has the biggest impact on the cyclical commodity- oil. OPEC cut output by 0,5 million barrels to...
EU invests in green energy

EU invests in green energy

The European Commission plans to invest 3,2 billion euros to innovation in battery technology. Investment is targeted to 7 EU countries (Belgium, Sweden, Germany Finland, France, Italy and Poland). Public aid by EU is first part of amount which will approximately be invested in batteries. Public funding expects raise investment of additional 5 billion from...
Retail in eurozone slows despite trade war

Retail in eurozone slows despite trade war

GDP in Eurozone grew in third quarter 0,2% despite the trade war. Growing was same as analytics estimated. Problem was released in retail sales which in October fell by 0,6%. Mover of the euro downgraded from estimates by 0,3%. Second main (not good) information came from Germany which factory orders fell 0,4%, when market expected...