Many companies encourage their employees in China to work from home and to stop unnecessary travel in the first week of February due to the outbreak...
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Car production in China could be reduced by 15% due to coronavirus
the Decline in car production may result in a reduction in demand for steel and components, which will lead to slower economic growth in the country...
Ford Motor and Toyota Motor have stopped their conveyors in China until February 10
Automotive industry in China is stopped before the end of the first decade of February to limit the spread of coronavirus among the population. This...
NLMK will build in India a plant for the production of transformer steel
the Plant will allow the group of Vladimir Lisina to expand its presence in the country where the company has a service center and to increase the...
China will increase imports from the United States based on "market principles"
"the First phase" of a trade transaction between China and the United States provides for an increase in U.S. imports to $ 200 billion in...
Volkswagen will buy 20% of Chinese battery manufacturer Guoxuan High-tech Co
After the package purchase, Volkswagen will become the second largest shareholder of the manufacturer of the batteries after Zhuhai Guoxuan Trading...
The Chinese economy in 2019 showed the weakest growth over the last 29 years
the Second largest economy struggles with rising debt, a cooling of domestic demand and the negative effects from trade war with the United States....
China pledged to buy billions of dollars worth of American steel
As part of the "Phase One" trade deal with the United States, China has pledged to increase purchases of iron and steel, as well as rare...
Toyota invests $ 400 million in flying car company
The company intends to provide "freedom of movement and pleasure of travel to customers everywhere, on earth, and now in the sky."...
Malaysia Airlines suspends the reception of Boeing 737 MAX
Malaysian Airlines lost two aircraft in a row in 2014, has suspended the acceptance of 25 Boeing 737 MAX....
Opens in Tehran second Iranian national festival
Minister of industry and trade of Iran said that the country will continue to increase steelmaking capacity in accordance with the original plan...
Iran increased its steel exports in December at 91%
For the first nine months of the current Iranian calendar year (March 21, 2019) from Iran exported over 5.2 million tons of steel....
USA slapped sanctions on steel industry of Iran
Iran seeks to become the seventh largest steel producer in the world by 2025, with plans to reach a total annual output of steel production to 55...
Future Nissan is a big question, says Carlos Ghosn
In 2019, the Nissan's profits fell by 70%, followed by mass layoffs at its factories around the world....
Washington and Beijing will sign the first phase of trade agreements next week
China's Vice Premier Liu-Hye will sign a renewed trade agreement with the United States in Washington next week during a working visit....
The largest metallurgical company of China Baowu may have become the world's largest
Baowu in 2019 joined their productive assets two major Chinese company Maanshan Steel and Chongqing Steel's total capacity of about 30 million...
Germany stated that threatening Iraq with sanctions is "not very useful"
Germany is ready to continue to assist Iraq, "if it is requested, and the situation allows," said Minister of foreign Affairs of Germany,...
Nevedomaya the largest company on the planet, Saudi Aramco has fallen in price almost on 2%
the Kuwaiti and the Saudi action sharply decreases during the evening sale on Sunday after a us drone strike in Baghdad, which killed a military...
36 people were killed at a construction site in Cambodia after the contractor saved on the valve
as a result of the collapse of the six floors of the building under construction due to the use of valves of smaller diameter 36 people were killed...
In Egypt arrested the head of the tax service of the country on suspicion of corruption
Egyptian Authorities said that no one is above the law and there can be no covering of corruption....
The US imposed anti-dumping duties on some Chinese steel products
the U.S. Department of Commerce has an idea, bro to impose 300% import duty on steel brackets that were released in China....
The U.S. Embassy in Baghdad urged citizens to immediately leave Iraq
U.S. officials advised their citizens to leave the country, taking advantage of any available opportunity....
Interpol requires to arrest of Lebanon's former head of Nissan Carlos Ghosn
the Lebanese authorities received the Interpol arrest warrant for the former head of Renault-Nissan-Mitsubishi Carlos Ghosn, who recently escaped...
India will make a third attempt to land on the moon
the First two attempts of India to send a mission to the moon, sostavlena in 2008 and in 2019 ended in failure and loss of equipment....
The former head of Nissan Carlos Ghosn has escaped from custody
under house arrest in Tokyo, the former head of the Franco-Japanese automobile group, Carlos Ghosn turned up in Lebanon....
The Chinese government will subsidize production of electric cars Tesla
the Chinese government will subsidize sales of electric cars Tesla Model 3, produced at a factory in Shanghai....
The market for industrial robots in China this year may grow by 5% after the recession in 2018
an Aging population, rising wages and growing production capacity will increase the demand for robots, say in the market....
Eyewitnesses reported details of the deadly plane crash in Kazakhstan
Aircraft of Kazakh airline Bek Air crashed near the residential sector during takeoff from Almaty international airport. According to recent...
China is investing in infrastructure at nearly $ 400 billion
In 2019 people's Republic of China invested in the construction of roads and Railways, as well as in opening new airports and stations more than...
NIOC: oil reserves in Iran will last at least 100 years of mining
national Iranian oil company (NIOC) plans to announce the opening of a new oil field in the southwestern province of Khuzestan by March 2020....
