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The British economy grew slower than previously estimated         Finance United Kingdom 

The British economy grew slower than previously estimated      

The growth of the British economy was slightly slower than in the previous quarter and in the fourth quarter of 2017 as well. According to a second estimate published by the British Statistical Office (ONS) on Thursday, the UK’s domestic total product (GDP) increased by 0.4 percent in the last three months of 2017 by a quarterly comparison. The first... Read More
Moody’s has been rated by Greece World Finance 

Moody’s has been rated by Greece

He upgraded Greece and Moody’s Investors Service, referring to the opinion that the Greek Government’s current adjustment program has significantly improved the fiscal situation and institutional background. On Wednesday, the international rating agency announced in London that the Greek classification of the state debt classification from the “Caa2” to date has two degrees “B3”, the rating of the unsecured bonds... Read More
The profit of HSBC last year was less than expected       Finance United Kingdom 

The profit of HSBC last year was less than expected    

HSBC’s profit for the past year was less than expected by analysts. Europe’s largest bank on Tuesday said it had closed pre-tax profit of $ 17.17 billion last year. This, however, well exceeded the $ 7.11 billion a year earlier, but fell behind the analyst’s expected $ 19.55 billion. Last year’s growth was mainly due to the fact that the... Read More
Spain’s sovereign debt last year exceeded 98 percent of GDP Finance 

Spain’s sovereign debt last year exceeded 98 percent of GDP

Spanish public debt was over € 1140 billion last year and exceeded 98 per cent of GDP, according to preliminary information from the Spanish National Bank (Banco de Espana). Of the twelve months of last year, public debt in South-European countries declined in four, April, July, August and September in the rest of the month. According to the data, the... Read More
EU guidelines help to ensure the transparency and efficiency of procurement procedures          European Union Finance 

EU guidelines help to ensure the transparency and efficiency of procurement procedures       

The European Commission has published new guidelines to make it easier for practitioners working in Member States, regional and local authorities dealing with EU funds to ensure the efficiency and transparency of public procurement procedures for EU-funded projects. According to the information published on Tuesday, the document provides guidance for each stage of the procedure, starting from the drawing up... Read More
British inflation remains above the target level Finance 

British inflation remains above the target level

Inflation over the target level continues in Great Britain, according to the data reported by the UK statistical office on Tuesday, the consumer price index excluding housing costs was 3 percent higher in January than a year earlier. In December it was also 3 percent, 3.1 percent in November, and 3 percent in October and September as the 12-month UK... Read More
The European financial authorities call investors at high risks in virtual currencies      World Finance 

The European financial authorities call investors at high risks in virtual currencies   

The European Union’s financial authorities have warned investors about the major risks of virtual currencies on Monday. According to the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA), currently available virtual currencies are digital value traders issued by non-central banks and are therefore not behind central bank or... Read More
Accusations raised against Barclays Bank for suspecting unauthorized financial assistance Finance 

Accusations raised against Barclays Bank for suspecting unauthorized financial assistance

 On Monday, an indictment of unlawful financial assistance was filed against one of Britain’s largest investment banking groups, Barclays.     Serious Fraud Office (SFO) investigations into the 2008 financial crisis have come at a time when Barclays, unlike the United Kingdom, in a variety of other shaky situations, has been using unwanted capital gains from the British government , but raised... Read More
In Shanghai at the end of March, the oil futures quotation for oil is set off       Business World Finance 

In Shanghai at the end of March, the oil futures quotation for oil is set off    

China will launch China’s futures trading on the Shanghai Stock Exchange on March 26, the Asia Securities Market Supervision (CSRC) announced. The stock market reported that he was prepared for the job and had carried out several successful tests. China had tried to introduce futures on the domestic market in 1993, but the attempt failed, trading was stopped one year... Read More
At the 15th month of the December British foreign trade deficit        Finance United Kingdom 

At the 15th month of the December British foreign trade deficit     

With record-breaking imports, the largest foreign trade deficit has been set to rise in Britain in December, while manufacturing production has already risen to eight months in the month, according to a statement released by the National Office for National Statistics (ONS) on Friday. In December, with GBP 1.2 billion, the UK’s deficit of 3,652 billion in the previous month... Read More
Suzuki invests $ 3 billion in India in three years      Business Finance 

Suzuki invests $ 3 billion in India in three years   

Suzuki Motor Corp. invests almost $ 3 billion in India in three years to maintain its leading position in the market there and to prepare for the transition to exclusively hybrid and electric motors. According to The Economic Times, the fourth-largest Japanese car maker from $ 3 billion invests about $ 2.3 billion in its Indian daughter company, a stock-listed... Read More
The Bank of England did not change its base rate but expects a tighter than earlier than anticipated Finance United Kingdom 

The Bank of England did not change its base rate but expects a tighter than earlier than anticipated

As expected, it did not carry out any further interest rate hikes at this year’s first interest rate meeting at the Bank of England’s Monetary Council. At the same time, the Board made a direct reference to the new inflation report released at the same time as the robust external growth environment affecting the British economy, which is likely to... Read More
World gold demand fell by 7 percent last year Finance 

World gold demand fell by 7 percent last year

World gold demand declined sharply by 7 percent to 4071.7 tonnes last year. According to data published on Wednesday by the World Council of Gold (WGC), stock market quoted gold investment funds reduced their physical stocks by 63 percent to 202.8 tonnes. Demand for coins and bullion decreased by 2 percent to 1029.2 tonnes. Central bank purchases fell by 5... Read More
The biggest German trade union has been strenuous for 28 hours      World Finance 

The biggest German trade union has been strenuous for 28 hours   

With a strike series lasting several weeks, the largest German trade union reached the introduction of the 28-hour working week in the metal and electronics industry. According to IG Metall and employers’ agreement of 3.9 million employees in the industry, Tuesday’s agreement, employees can reduce their working time from two weeks to 35 hours a week from the 2019 onwards.... Read More
At the end of March, the Spanish supreme court is the embezzlement issue of the king’s brother-in-law Finance 

At the end of March, the Spanish supreme court is the embezzlement issue of the king’s brother-in-law

The Supreme Court in Madrid issued a trial on March 21 in the case of Inaki Urdangarini’s brother-in-law, who was sentenced for public misappropriation a year ago – the press office of the court announced on Monday. Urdangarint in February last year, the Mallorcan court sentenced him to more than six years’ imprisonment and a fine of EUR 12,000 (more... Read More
Bitcoin’s price weakened by more than 10 percent early in the morning Finance 

Bitcoin’s price weakened by more than 10 percent early in the morning

Earlier in the morning, bitcoin fluctuations continued, as it weakened by 10 per cent on Monday against the dollar. The best-known cryptovaluta, bitcoin launched somewhat below $ 7100 on Tuesday, dropped steadily over the first six hours after its launch, dropping to $ 6,621.9 at 6 o’clock. Bitcoin was recorded at $ 6161 at half past eight. This is about... Read More
British service activity is almost one and a half year low       Finance United Kingdom 

British service activity is almost one and a half year low    

The growth rate of the service sector, which produces 80 percent of the UK’s total domestic product (GDP), slowed down to almost one and a half year, according to the activity measures presented on Monday. According to a joint survey by the IHS Markit financial and economic data supplying group and the British Institute of Procurement & Supply (CIPS), the... Read More
The recovery of the euro area economy continues      European Union Finance 

The recovery of the euro area economy continues   

The economy of the euro area has been growing at an unprecedented rate for 12 years in January – the final figures published by IHS Markit Institute of Economics in London on Monday. The composite purchasing manager index (BMI), which compiled the manufacturing and service industry data, stood at 58.8 points in January against 58.1 points in December. This has... Read More
The British government forces the oligarchs to justify the “unexplainable” big fortune Finance United Kingdom 

The British government forces the oligarchs to justify the “unexplainable” big fortune

The British Government forces the foreign oligarchs living in Great Britain to justify the “unexplained” great fortune. Ben Wallace, State Secretary for Homeland Security at the British Ministry of Home Affairs, said Saturday that the government’s estimate of illegally earning foreign assets in Britain was estimated at 90 billion pounds (more than 30,000 billion forints) annually. Wallace said that in... Read More
Significantly increased Facebook’s turnover and profits in the fourth quarter       Finance 

Significantly increased Facebook’s turnover and profits in the fourth quarter    

Facebook’s turnover and profits rose significantly in Q4 and 2017 as a result of advertising revenues earned on mobile devices. Revenues from the US social network rose by $ 12 billion to $ 972 million for the three months ended December 31, rising 47 percent year-on-year. Within this, revenue from advertising grew by 48 percent to $ 12 billion to... Read More
The migration of the rich people began Finance United Kingdom 

The migration of the rich people began

The rich Londoners have begun to flee from the British capital as new taxes make them inheritance and investment more expensive. In addition, brexit also forces London’s living in Europe to capitalize on their home. The emigration of the rich from London puts the British capital at a level with Nairobi Lagos and Istanbul, which also leaves a great number... Read More
The European Banking Authority has launched a stress test Brexit Finance 

The European Banking Authority has launched a stress test

The European Banking Authority (EBA), based in London on Thursday, has been launching a multi-month simulation exercise for modeling the banking effects of a possible major market and macroeconomic stress stemming from UK cessation. The organization, which will move from London to Paris next year – just because of the cessation of EU membership of the United Kingdom – wants... Read More
Noble-winged alliance: Gold may increase by 5 percent this year Finance 

Noble-winged alliance: Gold may increase by 5 percent this year

The London Noble League Association (LBMA) is expecting a 5 percent gold price rise this year. The organization estimates an average price of $ 1,318 a barrel per barrel (1 ounce = 31,1035 grams) this year, after $ 1257 last year. On Wednesday, shortly after 16.30, gold was sold at $ 1343.80 in London. LBMA experts predict that gold prices... Read More
London analysts: “very strong” began the year for Central European EU economies      Finance 

London analysts: “very strong” began the year for Central European EU economies   

London’s financial analysts said that this year’s “very strong” growth momentum was started by EU economies in Central and Eastern Europe, with a current annual growth rate of close to 6%. One of the largest London-based global financial and economic analysts in Capital Economics’s Tuesday study, said that the average aggregate economic mood index (ESI) calculated by GDP weighted by... Read More
The economic turmoil in the euro area has deteriorated in January Finance 

The economic turmoil in the euro area has deteriorated in January

Economic turmoil in the euro area has deteriorated in January, but it remained close to the 17-year peak reached last month. According to a report released Tuesday by the European Commission’s Directorate-General for Economic and Financial Affairs (EcFin), the Economic Sentiment Indicator (ESI), reflecting consumers’ confidence in the economy, fell 114.7 points in January from 115.3 points in the previous... Read More
Moody’s has improved the outlook for Russia’s debt rating positively      World Finance 

Moody’s has improved the outlook for Russia’s debt rating positively   

The Moody’s Investors Service improved the outlook for Russia’s sovereign debt rating, in the first place with the view that the Russian macroeconomic framework was well borne by oil shock shocks and the effects of sanctions. The international rating agency announced in London on Thursday that it simultaneously confirmed the long-term Russian government debt rating “Ba1” – a rating below... Read More
The growth of the UK economy accelerated slightly in last quarter of last year but slowed throughout the year     Finance United Kingdom 

The growth of the UK economy accelerated slightly in last quarter of last year but slowed throughout the year  

The growth of the British economy accelerated slightly last year in the fourth quarter, but the year-on-year growth was somewhat below the 2016 rate. According to a preliminary estimate from the British statistical office (ONS) on Friday, the UK’s domestic total GDP (GDP) increased by 0.5 percent in the last three months of 2017 after a 0.4 percent increase in... Read More
The Gates Foundation supports € 50 million of the EU investment plan in Africa          European Union World Finance 

The Gates Foundation supports € 50 million of the EU investment plan in Africa       

The Bill and Melinda Gates Foundation has offered EUR 50 million (about 15 billion forints) to invest in the EU investment framework to support the sustainable development of the African continent, which was complemented by the European Commission, announced on Thursday in Brussels. Established jointly by the world’s richest man and wife, it provides 40.9 million euros and 10.2 million... Read More
Stock Exchange – The New York indexes are openly open Finance 

Stock Exchange – The New York indexes are openly open

Closely, however, the benchmark indexes of the New York Stock Exchange were opened close to Tuesday’s closing day. Investors are worried that US import duties on solar panels and washing machines can trigger immediate responses, which can reverse international trade. The DJIA index of the 30 leading companies was 0.27 points plus the S & P 500 index was 23.81... Read More
The IMF has improved its global economic growth forecast this year and next year  Finance 

The IMF has improved its global economic growth forecast this year and next year 

It upgraded the world economy’s estimate of this year’s and next-year growth of the IMF in a serial update of the World Economic Outlook (WEO), which was published on Monday. According to this, the average global economic growth of 3.9 percent is expected for this year and next year, which is 0.2 percentage points higher than 3.7 percent in the... Read More
The senate did not vote for financing the US government Finance United States Of America 

The senate did not vote for financing the US government

 In the United States, the Senate did not vote the law to fund the work of government agencies and agencies by the prescribed midnight deadline.     Senators tried to negotiate and negotiate after midnight, but Mitch McConnell, the Republican faction leader, entered the podium and officially announced the failure of the vote. The senate dismissed the bill by 50:49.     McConnell defected... Read More
About € 87 million was spent on preventing Catalan independence referendum Finance 

About € 87 million was spent on preventing Catalan independence referendum

Around 87 million euros have been taken to prevent the unconstitutional revocation of the Catalan independence referendum on 1 October, the Spanish Interior Minister said on Thursday at the hearing of the Spanish House of Parliament, the Senate’s competent committee, in Madrid on Thursday.     According to Juan Ignacio Zoido, this amount includes the deployment, accommodation, food and mobilization of the... Read More
Apple pays $ 38 billion in taxes on remittances abroad Finance 

Apple pays $ 38 billion in taxes on remittances abroad

   On Wednesday, Apple announced a number of large-scale plans, including the fact that it relocated a significant part of its foreign-earned profits, taking advantage of the opportunity for the US government to encourage these companies to benefit from discounted taxation.     Apple said that paying off a substantial portion of its $ 252.3 billion parked parking abroad would cost $ 38... Read More
China has reduced its US government securities portfolio by $ 12.9 billion Finance 

China has reduced its US government securities portfolio by $ 12.9 billion

 China has lowered its US government securities portfolio for the last four months in November, but the Asian country still remains the United States’ largest creditor.     According to data from the US Treasury website at the end of November, US government securities amounting to $ 1177 billion were in Chinese hands, which is $ 12.6 billion less than at the... Read More
The Bank of America rises despite the worse than expected figures Finance United States Of America 

The Bank of America rises despite the worse than expected figures

    The Bank of America’s (BofA) revenue and profits rose to a lesser extent than expected in the fourth quarter of last year, but its exchange rate still has a slight plus in the electronic trading of the New York Stock Exchange.     The second largest bank in the United States reported on Wednesday that it had $ 2.4 billion in October-December,... Read More
Income scissors open in Germany European Union Finance 

Income scissors open in Germany

 Larger income scissors have been opened in Germany since the reunification, according to a study published by DIW Berlin Institute of Economic Research on Tuesday.     The share of high incomes from national income has increased considerably since the 1990s, while the share of the low-income population has declined, according to a study by DIW Berlin (Deutsches Institut für Wirtschaftsforschung).     Based... Read More
Bankruptcy is one of Britain’s largest construction companies Finance 

Bankruptcy is one of Britain’s largest construction companies

One of Britain’s largest construction and service group fell into bankruptcy after the rescue negotiations that had been held between management, creditors and government for days had come to an end on Monday. Carillion, now under liquidation, employs 43,000 people worldwide, and 20,000 of them in the United Kingdom. The bankruptcy of a two-hundred-year-old past raises serious questions about the... Read More
Paris asks for a greater contribution from London to tackling the Calais migration situation Finance 

Paris asks for a greater contribution from London to tackling the Calais migration situation

The French government would like London to make a bigger contribution to the costs of illegal immigrants in Calais, north of France and from there to Britain, said French Interior Minister Gérard Collomb in an interview with Le Journal du Dimanche on Sunday, . French head of state Emmanuel Macron will meet with Prime Minister Theresa May in Sandhurst, south... Read More
A French-Algerian businessman was put before a court in London for Sarkozy’s campaign financing Finance United Kingdom 

A French-Algerian businessman was put before a court in London for Sarkozy’s campaign financing

A French-Algerian businessman who was suspected by the French authorities had been arrested and found guilty on Wednesday for a financial support from President Nicolas Sarkozy for his 2007 presidential election campaign from Moammer Gaddafi, former Libyan leader, was arrested in London. Sarkozy, who was France’s president from 2007 to 2012, has always denied that his campaign would have been... Read More
Luka Modric admitted the tax evasion in the Spanish court Finance 

Luka Modric admitted the tax evasion in the Spanish court

Luka Modric, the Croatian national football team captain and Real Madrid player, on Tuesday received the Spanish court in the court, accusing the tax evasion and avoiding the jail, including the interest transferred before the court hearing, nearly one million euros to the Spanish tax office, said the Croatian press , referring to the Spanish newspaper El Mundo.     The footballer... Read More
The British top executives were looking for more Finance United Kingdom 

The British top executives were looking for more

According to an independent study on pay inequality, top managers in the UK’s largest stock exchange companies have reached the level of pay that a typical employee searches for at least four years ago at noon on January 4, according to Guardian. According to the research, FP 100’s list of companies in the FTSE 100 list earns 3.45 million pounds... Read More
Index strengthening on European stock exchanges Finance 

Index strengthening on European stock exchanges

After a modest positive start, key European securities markets were closed on Wednesday with high profits. In contrast to analysts’ expectations, the stock exchanges on Wednesday appreciated the rise of a new, uniform European Union regulatory framework (MiFID II – Markets in Financial Instruments Directive), which is more transparent to the functioning of the European financial sector. The Pan-European Stoxx... Read More
The first Hungarian financial energy exchange started Finance 

The first Hungarian financial energy exchange started

HUDEX Magyar Derivatív Energia Zrt. Has started to operate, while the HUPX group’s platform is trading futures electricity and natural gas transactions – the company said on Wednesday with MTI. At the start of the new stock exchange, 24 members are traded, their number is expected to grow to 30 by the end of January. According to the announcement, the... Read More
The Hungarian State Treasury launched a mobile application for developing financial awareness Finance 

The Hungarian State Treasury launched a mobile application for developing financial awareness

In order to improve financial awareness, the Hungarian State Treasury (MÁK) has launched the JátéKincstár free downloadable mobile application, “said Ildikó Balatoni, the deputy cash change officer of MÁK, on the current channel M1 on Wednesday. He added that since the middle of November, the Treasury has been presenting a countrywide roadshow showing, among other things, the tasks of the... Read More
The world’s stock markets have been closing their best years since the global financial crisis Finance 

The world’s stock markets have been closing their best years since the global financial crisis

Since the global financial crisis, the world’s stock markets have not been well-received this year, with accelerating world economic growth. According to the Financial Times report in London on Saturday, the FTSE All-World Index, based on the market capitalization weighted by the market capitalization of more than three thousand medium and high-value companies, whose aggregate net stock market capitalization exceeds... Read More
London analysts: China will leave the US economy in 12 years  Finance 

London analysts: China will leave the US economy in 12 years 

According to London’s financial analysts, twelve years later, China will become the world’s largest national economy based on the United States’s nominal domestic product (GDP) in US dollars. One of the most prestigious business and economic analysts in London, the Center for Economics and Business Research (CEBR), will compile its projection for the next decade and a half to the... Read More
It has worsened the British economy’s growth forecast for the IMF       Finance United Kingdom 

It has worsened the British economy’s growth forecast for the IMF    

The International Monetary Fund (IMF) forecasts the growth of the UK economy this year, and expects further deceleration next year, primarily due to business uncertainty surrounding the process of termination of UK membership. According to a report by the IMF on Wednesday, London, the 2017 global financial institution is predicting a 1.6 per cent increase in UK domestic product (GDP),... Read More
British industrial order stock stands at thirty-year high        Finance United Kingdom 

British industrial order stock stands at thirty-year high     

In December, the British manufacturing industry contracted nearly three decades – the Confederation of British Industry (CBI) announced on Monday. The CBI Industrial Trends survey found that in the UK, the industrial order stock index was held in December at 17 points the same month as last month, at nearly 30 years. In the survey, 28 percent of respondents reported... Read More
Notary: The gift is subject to more than 150 thousand HUF          Booking Finance 

Notary: The gift is subject to more than 150 thousand HUF       

The per capita value of more than $ 150,000 is already subject to tax, “said Judge Toldi, a notary on the M1 current channel on Saturday. According to the notary, it is not possible to donate it if it is to be burdened with a minor’s property. As an example, when a minor child inherits a property, for example, he... Read More
Luxembourg is the richest country in the European Union          European Union Finance 

Luxembourg is the richest country in the European Union       

Luxembourg was the wealthiest member of the European Union last year and, in terms of purchasing power parity, the Grand Duchy of Western Europe in the 28-member community is also tormented by the gross domestic product per capita (GDP) and the Per capita Actual Individual Consumption (AIC) per capita. Similar to the previous four years, Bulgaria remained the poorest country... Read More
British inflation is above three percent     Finance United Kingdom 

British inflation is above three percent  

More than five-year highs, over 3 per cent, accelerated British inflation last month. According to the British statistical office’s (ONS) data, the consumer price index excluding housing costs was 3.1 percent higher than in November compared to a year earlier. In October and September, the twelve-month British inflation for the entire basket was 3 percent. In Britain, since March 2012,... Read More
The Mol Group became the strategic partner of InnoEnergy        Business Finance 

The Mol Group became the strategic partner of InnoEnergy     

Strategic partnership agreement was signed between InnoEnergy, Europe’s leading sustainable energy management organization and the Mol Group, the largest oil and gas company in the world, the contract partners with MTI announced. The focus of cooperation between the two companies is to support energy-related developments. The first joint project has already been realized after Mol as the main sponsor of... Read More
London analysts: Central Europe is not overheated yet, but accumulate risks      World Finance 

London analysts: Central Europe is not overheated yet, but accumulate risks   

According to London’s financial analysts, the economies of Central and Eastern Europe show little signs of overheating despite the nearly three-year unprecedented growth in the third quarter, but if fiscal and monetary policy is not tightened in the near future, the risk of macroeconomic imbalances would. One of the largest economics and finance analysts in London, Capital Economics, on Monday’s... Read More
NAV: Save the state 700 billion forints if taxpayers do not make returns      Booking Finance 

NAV: Save the state 700 billion forints if taxpayers do not make returns   

The state can save about 700 billion forints, when it is planned that almost all tax returns, businesses and individuals will be prepared by the National Tax and Customs Office (NAV) by 2021, and the paper-based declaration will be terminated, according to the Ministry of National Economy (NGM) Deputy State Secretary for Taxation and Accounting on Monday’s M1 Current Channel.... Read More
With the exception of London, the major Western European markets were minus      Other Finance 

With the exception of London, the major Western European markets were minus   

Except for London, the leading indexes of leading Western European stock exchanges fell short on Wednesday. Preliminary data show that the FTSE-100 index on the London Stock Exchange rose 0.28 percent, while the DAX index in Frankfurt fell 0.38 percent and the Paris CAC-40 index fell by 0.02 percent. Among the pan-European indices, Stoxx Europe 600 decreased by 0.11 percent,... Read More
The European Commission has initiated the creation of a euro area currency base      European Union Finance 

The European Commission has initiated the creation of a euro area currency base   

Within a year, they could create the European Monetary Fund (EMF) through the transformation of the Eurosystem’s permanent financial stability mechanism (ESM), following proposals submitted by the European Commission (EC) on Wednesday to deepen economic and monetary union. The Brussels body has asked the EU co-legislators to adopt the proposal to set up an IMF called IMF after the International... Read More
The price of bitcoin rose to over $ 14,000        World Finance 

The price of bitcoin rose to over $ 14,000     

Bitcoin has reached another historic peak on Thursday: the Bitstamp cryptodevision trading platform rose to $ 14,000 in the morning. Twenty-four hours earlier, Wednesday morning, news was about breaking through the 12,000-dollar record level. On Thursday morning, three-quarters of this was quoted at $ 14,237 at a quarterly rate of 5.46 per cent, up from $ 48.26 a day earlier... Read More
Portuguese Finance Minister Mario Centeno will be the new chair of the Eurogroup       European Union Finance 

Portuguese Finance Minister Mario Centeno will be the new chair of the Eurogroup    

Portuguese Finance Minister Mario Centeno was elected as the new chairman of the Eurogroup at a meeting in Brussels on Monday by the Heads of State of the EU Member States using the common currency. The new president has been elected by a simple majority for two and a half years by members of the euro area finance ministers. The... Read More
Fitch: With a very good global public debt-quality outlook 2018      Other Finance 

Fitch: With a very good global public debt-quality outlook 2018   

The 2018 year begins with extremely good global public debt-quality prospects – is based on Fitch Ratings’ annual assessment of the situation in London on Monday. According to the international rating agency, since 2004, the highest number of developed industrial economies with a sovereign grade will improve next year. According to Fitch’s comprehensive report, eight of the state-owned industrialists in... Read More
London Analysts: The manufacturing activity of the Central European EU economies is robust       World Finance 

London Analysts: The manufacturing activity of the Central European EU economies is robust    

According to London’s financial analysts, the growth rate of manufacturing activity in the Central European EU economies has risen to seven-year high, suggesting a robust growth in the country’s fourth quarter. One of the biggest economics and finance analysts in London, economists at the Capital Economics, said on Friday that the average cost-to-GDP index (BMI) measured by GDP weighted by... Read More
Proper travel insurance should be in the winter season Finance 

Proper travel insurance should be in the winter season

Skiers can be helped by the choice of travel insurance in the event of accidents – says Mabisz, the Hungarian Insurance Association (MABIS), which was sent to MTI on Wednesday. According to Mabisz’s announcement, Europe’s ski slopes roughly every tenth skier suffer a smaller or larger accident in a season. They point out that many feel safe because of the... Read More
Bank of England: a brit bankrendszer elviselné a recessziót és a kemény Brexitet, de a kettőt egyszerre nem biztos       Brexit Finance 

Bank of England: a brit bankrendszer elviselné a recessziót és a kemény Brexitet, de a kettőt egyszerre nem biztos    

A Bank of England legújabb stressztesztjének kedden ismertetett eredményei szerint a brit bankrendszer elviselné a brit és a világgazdaság egyidejű súlyos visszaesését, és a brit EU-tagság rendezetlen körülmények közötti megszűnésének sokkját is, de ha a kettő egyszerre következne be, az a szimulációban vizsgált legrosszabb forgatókönyveknél is súlyosabb helyzetet idézhet elő. A brit jegybank idei stressztesztjében alkalmazott forgatókönyv azt szimulálta, hogy... Read More
London analysts are expecting a growth of more than 3 percent in the Hungarian economy in 2019        World Finance 

London analysts are expecting a growth of more than 3 percent in the Hungarian economy in 2019     

According to London’s financial analysts, the Hungarian economy will grow over its own long-term trend over the next few years, and the growth rate is expected to exceed 3 percent even in 2019, but the monetary policy of the National Bank of Hungary will not be tightened in the foreseeable future. Morgan Stanley’s global financial services group’s London investment department’s... Read More
More than HUF 24 billion revenue in Mogyin this year          Company mentor Finance 

More than HUF 24 billion revenue in Mogyin this year       

Mogyi Ltd. expects sales of more than HUF 24 billion over the same period this year, which means more than 200 million products, “said MTI. In Hungary, Mogyi works with a staff of 165 people and 165 producers. The company has five factories in Hungary, present in 27 countries, including 7 subsidiaries – Romania, Poland, Russia, Italy, Serbia, Montenegro, and... Read More
Anywhere you can pay for crypto money to the British Finance United Kingdom 

Anywhere you can pay for crypto money to the British

In December, the VISA-based Dragoncard bankcard will be available. One of the major obstacles to the spread of cryptographic money is that it is simply not possible to pay them for everyday shopping. The London Block Exchange UK startup will resolve the issue from December, asking for a VISA-based credit card that allows you to spend your Bitcoin, Ethereum, Ripple,... Read More
London analysts have predicted an unprecedented decline in living standards for six decades Finance United Kingdom 

London analysts have predicted an unprecedented decline in living standards for six decades

 According to London Macroeconomic Analysts, Thursday’s forecasts suggest a sharp decline in the standard of living for the six decades of standard of living in the new British draft budget, and Britain may lose up to two decades of income growth.     Finance Minister Philip Hammond said in his previous cabinet speech on the draft budget, according to a new, revised... Read More
£ 3 billion for Brexit, a reduced growth forecast Finance United Kingdom 

£ 3 billion for Brexit, a reduced growth forecast

 The British government allocates £ 3bn (more than $ 1 billion) to any future funding needs related to the cessation of British membership in the EU, said the British finance minister on Wednesday.     Philip Hammond, speaking in London’s House of Commons, also announced that weaker economic growth than earlier forecasts is expected this year.     Hammond has stated that the government... Read More
Analysts: British employees have fallen for almost a week now due to the Brexit shock Brexit Finance 

Analysts: British employees have fallen for almost a week now due to the Brexit shock

According to London’s financial analysts, the real wage erosion impact of the weakening of the UK’s own national referendum and the consequent inflation acceleration have already deprived the average British employee of almost one-week labor. In the referendum on British EU membership last June, a small, 51.9 percent majority of the participants voted out. The study, published on Monday by... Read More
Global private assets grew by 6.4 percent this year      Finance 

Global private assets grew by 6.4 percent this year  

Five years ago this year, the largest increase in global property, mainly due to the rise in property prices and share prices. According to the Global Wealth Report of the Credit Suisse Swiss Financial Institution, households’ global private assets grew by 6.4 percent to $ 280 billion in the 12 months to mid-2017. The compilers of the document have pointed... Read More
Increased global oil demand expectations for OPEC         World Finance 

Increased global oil demand expectations for OPEC      

It increased its global oil demand expectations for this year and next year in a regular monthly report by the OPEC on Monday, which also signaled that the oil market may become stricter as a result of rising demand and lower supply next year. In the November report, OPEC experts predicted that world oil demand will grow to $ 96.94... Read More
Credit Rating – Fitch Ratings improved the outlook for the Hungarian public debt rating positively       Finance 

Credit Rating – Fitch Ratings improved the outlook for the Hungarian public debt rating positively    

The Fitch Ratings on Friday’s rating for the “BBB minus” rating of the long-term, long-term, foreign-currency-denominated Hungarian public debt with an investment recommendation improved the positive outlook for rating rating. The outlook for the Hungarian sovereign rating is thus positive for two credit rating agencies: in August, Standard & Poor’s had a positive view of Hungary as well. The third... Read More
Offshore Scandal – The British sovereign wealth manager is among the investors involved       Finance United Kingdom 

Offshore Scandal – The British sovereign wealth manager is among the investors involved    

An ancient faith agency serving the British Crown’s property portfolio, an independent source of income as a prevailing ruler, has also been affected by the recent offshore offshore scandal on Sunday. Nevertheless, there has been no suspicion of any violation of law against a royal trustee dating back several centuries. A total of 96 press and media companies worldwide, including... Read More
Offshore scandal – NBC: US ​​Secretary of Commerce has common interests with Putyin family members       World Finance 

Offshore scandal – NBC: US ​​Secretary of Commerce has common interests with Putyin family members    

US trade minister Wilbur Ross has joint business interests with Russian President Vladimir Putin’s immediate family members – NBC television reported on Sunday. NBC reported in a new wave of international offshore scandal reports from Ross’s Russian business relations, referring to documents leaked from a law firm in Bermuda, claiming that Ross had mentioned them at a congressional hearing before... Read More
Offshore scandal – Apple secretly moved its departments to Jersey      Business World Finance 

Offshore scandal – Apple secretly moved its departments to Jersey   

Apple secretly deployed some of its key management units to the island of Jersey to minimize its tax liabilities – among other things, it was revealed by the documents disclosed with the latest offshore leak. Following offshore tax havens, a total of 96 media and news media, including the Paradox Papers (Paradise Papers), are currently involved in the processing of... Read More
Hundreds can demand their money from the bankrupt Air Berlin        World Finance 

Hundreds can demand their money from the bankrupt Air Berlin     

Hundreds of thousands of unsuccessful ticket buyers can claim their money from the bankrupt airline German Air Berlin, according to Bild, Friday’s announcement that up to one million could reach the number of people who are in the liquidation business. According to the company’s internal calculations, the number of creditors can be between 700,000 and 1 million, most of whom... Read More
The French government imposes extraordinary income tax on large companies       World Finance 

The French government imposes extraordinary income tax on large companies    

At Thursday’s meeting, the French government accepted the extraordinary increase in the profit tax of 320 large companies by 2017, so that next year the general government deficit would remain below 3% of GDP. The special tax is needed because the Constitutional Council declared unconstitutional the dividend tax on large corporations in 2012 by the former government. Due to the... Read More
Catalan crisis – Moody’s: Catalan business environment deteriorates rapidly      World Finance 

Catalan crisis – Moody’s: Catalan business environment deteriorates rapidly   

Due to political risks, business climate in Catalonia is rapidly deteriorating and domestic stability in the region is likely to have a negative impact on the economy, according to Moody’s Investors Service’s London Stock Exchange Review. The international rating has confirmed that it has strengthened the long-term and short-term borrower risk classification of “Ba3 / NP” specifically for Catalonia, but... Read More
The leader of Goldman Sachs made another cautious reference to the possibility of resettlement        Brexit Finance 

The leader of Goldman Sachs made another cautious reference to the possibility of resettlement     

Within a short time, the CEO of the Goldman Sachs (GS) Global Financial Services Group was briefly cautiously referring to the company’s move from London to other locations for certain European activities due to the expiry of UK membership. Goldman Sachs’s European headquarters, like many other international banking groups, is currently in London where the company employs more than six... Read More
London Analysts: Central European Central Banks are “no hurry” with monetary tightening        Finance 

London Analysts: Central European Central Banks are “no hurry” with monetary tightening    

According to London’s financial analysts, EU economies in central and eastern Europe are experiencing a reflationary process, which is a process of inflationary rebound, but this process is mostly slow in the region, and therefore central banks are not expected to hurry to tighten monetary policy. The analysts of the catching-up markets of the BofA Merrill Lynch Global Research Bank... Read More
Boeing boosted its operating results in the third quarter         Business Finance 

Boeing boosted its operating results in the third quarter      

The Boeing aircraft manufacturer increased its operating profit by eighteen percent for stronger demand compared to last year and revised its earnings per share upwards. According to the company’s announcement Wednesday, MTI, Boeing posted $ 24.3 billion in sales in the third quarter, 2 percent more than a year earlier, operating profit improved by 18 percent to $ 2.6 billion,... Read More
New peak at BUX, the winner of the day is OTP        Finance 

New peak at BUX, the winner of the day is OTP     

The stock index of the Budapest Stock Exchange, BUX 34.41 points, with a rise of 0.09 percent, closed at 39 132.62 points on Friday, a new historic peak. The share market turnover was HUF 8.4 billion, with the exception of OTP, the leading shares weakened compared to the previous day’s closing. Kiss Nicholas, share analyst at Erste Befektetési Zrt., Said... Read More
He referred to the possibility of a resettlement in Frankfurt to the head of Goldman Sachs        World Finance 

He referred to the possibility of a resettlement in Frankfurt to the head of Goldman Sachs     

A direct reference to the creation of a new Frankfurt operation center on Thursday is the CEO of the global financial services group Goldman Sachs (GS). Goldman Sachs’s European headquarters, like many other international banking groups, is currently in London, where GS employs more than six thousand employees. But Lloyd Blankfein, GS’s CEO, said on Thursday in his Twitter message... Read More
He improved OTP’s forint-denominated ratings by Moody’s       World Finance 

He improved OTP’s forint-denominated ratings by Moody’s    

He improved OTP Bank’s HUF deposit rates by improving the asset quality and profitability of the financial institution and with the appropriate capital position and good financing profile. On Thursday, the international rating agency announced in London that OTP’s long-term and short-term deposit portfolio has been raised to a Baa2 / Prime-2 by one degree from Baa3 / Prime-3 to... Read More
Five-year high on British inflation           Finance United Kingdom 

Five-year high on British inflation       

British inflation accelerated to a five-year peak last month. According to the British statistical office’s (ONS) data, the consumer price index excluding housing costs was 3 per cent higher than in the previous year. In Britain, since March 2012, no faster annual inflation has been achieved. In August, the twelve-month British inflation rate for the entire basket was 2.9 percent.... Read More
This week, Moody’s Investors Service reviews Hungary’s public debt rating.       World Finance 

This week, Moody’s Investors Service reviews Hungary’s public debt rating.     

In line with the requirements of the European Union, the international rating agency, like the other credit rating agencies, has preliminarily compiled this year’s timetable for reviewing the European public debt rating and puts the third and final potential review date of the Hungarian sovereign rating on Friday, 20 October. Moody’s announces its decision in London after making its final... Read More
London Analysts: It would be a mistake if the Bank of England raised the base rate        Finance United Kingdom 

London Analysts: It would be a mistake if the Bank of England raised the base rate     

London’s financial analysts say it would be a serious mistake if the Bank of England were to raise interest rates in the near future, according to the advice of the Monetary Council. According to a quarterly IMG assessment by the ITEM Club of London’s ECON global financial advisory firm on Monday, it is more likely that the British Council’s Monetary... Read More
NGM: EU finance ministers discussed tax evasion and Google tax          Finance 

NGM: EU finance ministers discussed tax evasion and Google tax       

Tax evasion and Google tax were discussed by EU finance ministers who agree in their Luxembourg meeting that digital companies should also be taxed, said the Ministry of National Economy (NGM) with MTI on Tuesday. Hungary is at the forefront of the fight against the black economy, which is why it protects the system of effluent filtration, the evacuation system,... Read More
Except for the London Stock Exchange – London, the benchmarks in Western Europe have risen      World Finance 

Except for the London Stock Exchange – London, the benchmarks in Western Europe have risen   

With the exception of London, leading Western European indexes rose on Monday. According to preliminary data, the pan-European index reflecting the performance of the six hundred largest European companies, EuroStoxx 600 was 0.16 percent, 390.09 points, the FTSE Eurofirst 300 index of the largest European market shares was 0.18 percent, 1533.53 points, EuroStoxx50 grew by 0.25 percent to 3610.50 points.... Read More
In August the British foreign trade deficit has risen        Finance United Kingdom 

In August the British foreign trade deficit has risen     

In addition to the growth in British industrial output, the UK statistics agency, ONS, released its report on Tuesday, reported a larger foreign trade deficit than expected. In August, the United States saw a deficit of £ 1.39 billion in 11 months since September, up from 5.63 billion in the previous year since September. The July trade deficit was changed... Read More
BAE Systems announced a massive downturn       Finance United Kingdom 

BAE Systems announced a massive downturn    

Bulk dismissals on Tuesday were reported by BAE Systems, the largest British conglomerate conglomerate, mainly due to uncertainties surrounding the ordering of Typhoon fighter aircraft. According to the announcement Tuesday, the company will send a total of 1,910 employees from its manufacturing and service centers in Britain. Most of them, 1400, will leave BAE’s aerospace business and related service departments... Read More
Moody’s has been reinforced by Britain         Finance United Kingdom 

Moody’s has been reinforced by Britain     

He upgraded UK’s public debt rating on Friday with Moody’s Investors Service, focusing primarily on the weakening prospects of the UK financing system and the expected growing fiscal tensions and growth risks stemming from the cessation of UK membership. The international rating Friday night in London announced that the rating of long-term UK sovereign obligations had been reduced to “Aa2”... Read More
Interest rate decision – The central bank base rate has not changed, but the MNB has relaxed monetary conditions       Finance 

Interest rate decision – The central bank base rate has not changed, but the MNB has relaxed monetary conditions    

Further relaxed on monetary conditions at the meeting of the Monetary Council Tuesday; Although the body did not change its base rate at 0.90 per cent, it lowered the interest rate on the overnight central bank by 10 basis points to minus 0.15 per cent, limiting the holdings of the three-month central bank deposit by the end of the year... Read More
NGM: the taxation of large-scale Internet companies was discussed at the EU meeting        Finance 

NGM: the taxation of large-scale Internet companies was discussed at the EU meeting     

Digital financial service providers such as the new operator, regulation of the European companies at fintech, the deepening of the Economic and Monetary Union (EMU) and the taxation of Internet giant companies have also been discussed at the EU conference in Tallinn, Estonia – said Ágnes Hornung, finance minister, on Saturday with MTI . According to a statement from the... Read More
Investor survey: London is still the world’s leading financial center     Finance 

Investor survey: London is still the world’s leading financial center  

According to the latest investor survey, London is still the world’s number one financial service center. One of the largest Financial Advisory Group in London, Z / Yen Group, with its Global Financial Centers Index (GFCI), based on 102 Criteria, has reviewed 92 cities and regions this year. The authors find that investors in the survey believe that the rhetoric... Read More
El pico de cuatro años fue establecido por la inflación británica Finance United Kingdom 

El pico de cuatro años fue establecido por la inflación británica

Una vez más, fijó su último pico de cuatro años en agosto para la inflación británica. Los analistas financieros de Londres, sin embargo, continúan informando que el Banco de Inglaterra – el banco central británico – elevará la tasa base en un récord de profundidad en el futuro previsible. Según un informe de la Oficina de Estadísticas del Reino Unido... Read More
British Chamber of Commerce: Growth prospects at a low point Brexit Finance 

British Chamber of Commerce: Growth prospects at a low point

According to the British Chamber of Commerce (BCC), the growth rate of the UK economy will slow down in the next two years since the global financial crisis, and based on this experience, the panacea in principle does not help to improve competitiveness.     In a new revised forecast for Friday, BCC, BCC, with slightly higher than expected consumer spending, boosted... Read More
Bank of England can expect two years to raise interest rates Brexit Finance 

Bank of England can expect two years to raise interest rates

 The Bank of England can wait for the first time to raise its base interest rate at a historic low for up to two years, until the end of negotiations on the conditions for termination of UK membership – according to the latest survey, the bulk of London’s analyst community.     The UK central bank has maintained its key interest rate... Read More