In June Chinese company Huawei Technologies passed Apple Inc in run for second place in global sales of smartphones, Reuters reports.
Data of marketing research firms showed that Huawei strengthened its positions in Europe and widened its share in home market.
Changes in taxes, influencing demand, low affordability of housing as well as tight mortgage standards undermined global property market, analytics of Bloomberg suggest. As a result, prices of houses from London to Sydney and from Beijing to New York fell.
As Bloomberg reports today, European stocks fell together with futures of index S&P 500, as trade conflict between two largest economies in the world gained momentum again.
On Tuesday Apple Inc published its quarterly results, which significantly exceeded target values, Reuters reports. The most valuable IT-company in the world is also planning to raise revenue forecasts for this fall, when it is going to release new model of iPhone.
As Bloomberg informs, conditions of Australia’s property market in July got worse, as prices showed the biggest drop in seven years.
Housing prices across the country fell 0,6% last month. Pace of decline accelerated in Sydney and Melbourne.
In July UK’s house prices disturbed trend that was set at country’s housing market and showed small growth, Bloomberg reports with the reference to Nationwide Building Society.
Report published on Wednesday informed that index watched by the lender grew by 0,6%. Yearly growth was 2,5% compared with 2% in June.
