IMF: U.S. to remain the major world economic growth engine

Note: This section contains information in English only.
Source: Bloomberg
According to the International Monetary Fund expectations, the United States will remain one of the biggest contributors to global economic expansion in the nearest future, with the average annual growth of 3.9%, contributing 0.52% to global GDP advance. Analysts point out that this number will account for around two thirds of the growth the U.S. contributed 25 years ago.
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Fri, 11 Apr 2014 15:10:06 GMT

Volkswagen sales up in Q1 on Audi deliveries

Volkswagen AG, the Wolfsburg-based largest car maker in Europe, increased its Q1 sales by 5.8% to 2.4 million units with March alone sales rising 7.6%. The biggest contributor to the sales' advance was Audi division, which deliveries climbed 12% year-on-year. At the same time, today Volkswagen AG equities are declining 0.8% to 189.00 euro per share by 14:00 GMT in

Fri, 11 Apr 2014 14:45:03 GMT

JPMorgan profit declines on lower revenues

JPMorgan Chase & Co, the largest bank in the United States, posted a significant 19% decrease in its quarterly profit for the first three months on this year, while income from mortgages and fixed-income trading dropped. Net profit reached $5.27 billion, down from $6.53 billion a year ago. Today, JPMorgan Chase & Co shares decline 3.5% to $55.41 per share

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