The British media have been reporting over the past few weeks that Sanjeev Gupta's smelters may be shut down due to the financial predicament of...
Business and Finance
The largest oil company in the world has increased its net profit by a third
The recovery in global oil demand in the first quarter helped Saudi Aramco perform well....
ArcelorMittal Kryvyi Rih shareholders voted to pay dividends
The payment of dividends will not affect the fulfillment of the company's promise called "Steel Billion" - investments in...
New lockdown plummets the German economy
Germany's GDP fell 1.7 percent in the first quarter, the federal statistics office said. The new weakening of the conjuncture in the FRG...
Novokramatorsk Machine-Building Plant will pay UAH 2,000 of dividend per share for 2020
On April 28, an annual general meeting of shareholders was held at PJSC Novokramatorsk Machine-Building Plant (Kramatorsk, Donetsk Region)....
Ukraine will increase imports of diesel fuel from Lithuania, Hungary and Turkey - Ministry of Economy
Under the chairmanship of the Minister of Economic Development, Trade and Agriculture of Ukraine Igor Petrashko, a meeting was held on the balance...
China Industrial Profits Up 137% In Q1
At the beginning of the year, China saw a steady increase in the profits of industrial enterprises....
Tesla's revenue doubles, allowing it to end the first quarter with a record profit
The results of the American auto company beat Wall Street analysts' expectations, with revenues growing from $ 5.99 billion a year earlier to $...
Uralvagonzavod at the end of 2020 received a record profit in the entire history of the enterprise
JSC "Concern" Uralvagonzavod "is an integrated structure that unites industrial enterprises, research institutes and design bureaus....
Tata Steel sues its rival Liberty Steel to pay debts
Sanjeev Gupta's company never paid the Tata Group £ 100 million for its special steel mills....
Onshore section of Nord Stream 2 launched in Germany - Deutsche Welle
The fate of the Nord Stream 2 gas pipeline is still in question, but its onshore extension in Germany has already been built and commissioned in...
Sanjeev Gupta's first three steel plants go bankrupt
The first victims of the financial crisis of the GFG Alliance were three small French factories employing 850 people....
The world's largest chip maker predicts chip shortages by the end of 2022
TSMC notes that its customers are keen to purchase chips in reserve to ensure stability of supply due to uncertainty from geopolitics and the...
China's foreign trade turnover grew by 29.2% in the first quarter of 2021
The PRC Customs Department noted that the main driver of such an incredible growth was the private enterprises of China, which increased foreign...
Fitch Changes Metinvest Rating Outlook From Negative To Stable
At the same time, the credit rating of Metinvest and its bonds remained at BB, which is two levels higher than the country ceiling for Ukraine....
David Cameron declares his innocence in the problems of Liberty Steel and GFG Alliance
The former UK prime minister sees no violation of the law in his lobbying for bankrupt fintech startup Greensill Capital....
Russia will respond to the European Green Deal by creating a "back-up system" of trade rules
The think tank of the Ministry of Economic Development of the Russian Federation in the field of global trade has for the first time approved the...
Russia decided to abolish duties on equipment for aircraft repair
The subcommittee of the Ministry of Economic Development of the Russian Federation on customs and tariff regulation proposed to abolish duties on...
FAW Group and General Motors Report Sharp Growth in China Sales
The number of Hongqi (Red Banner) cars sold amounted to 70,060 units, an increase of 180.2% in annual terms; Buick brand sales in China increased 73%...
US Treasury Secretary Calls For Minimum Tax Rates For Different Countries
J. Biden's proposal for tax reform could put US multinationals at a disadvantage in competing with companies from other economies, where tax...
Elon Musk's fortune grew by $ 6 billion in a day
In one day, the state of the second richest person in the world has grown to almost $ 170 billion....
Tesla doubles quarterly sales of electric vehicles far beyond analyst expectations
Tesla reported record sales in the first quarter of 2021, beating Wall Street estimates as strong demand for less expensive models offset the impact...
Egypt to demand at least $ 1 billion in compensation after Suez Canal congestion
The most interesting thing in this situation is who exactly will pay the compensation, since Ever Given is owned by a Japanese company, chartered by...
Citigroup sues for bankruptcy in London court against Sanjeev Gupta's companies - Financial Times
American investors demand to declare some of the companies of the British metallurgical magnate insolvent and start bankruptcy proceedings....
UN Secretary General convenes emergency summit to stave off global debt crisis
The world's poorest countries face default, which, in turn, could lead to a new round of the global crisis....
ArcelorMittal Kryvyi Rih changed its net loss in 2019 to UAH 740 million in net profit in 2020
The largest mining and metallurgical plant in Ukraine plans to allocate almost UAH 10 billion to pay dividends for 2020....
UK denies financial aid to Liberty Steel
Government officials fear that £ 170 million requested by Sanjeev Gupta will go towards paying off debts in other countries and have hinted that the...
Liberty Steel requests £ 170m emergency aid from UK government
Sanjeev Gupta told Whitehall that he needed £ 170 million from British taxpayers to keep from declaring bankrupt....
