The BMW carmaker specializes in the production of BMW, Mini and Rolls-Royce cars, motorcycles and engines. The company is headquartered in Munich....
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Liberty Steel offered customers a discount on galvanizing in exchange for a prepayment
The company has to look for "live" money for payments for raw materials after its main creditor Greensill Capital filed for bankruptcy....
Israel resumes flights with all countries
The resumption of flights takes place about a week before the fourth in two years of Israeli elections....
Eurogroup will continue massive state support of the economy in connection with the pandemic
The countries of the eurozone will continue to massively support the economy affected by the coronavirus pandemic. Debt problems will be resolved...
The first phase of the new EU import control system - ICS2 comes into force today
The new system will help ensure a level playing field for all importers and facilitate legal trade across the external borders of the European...
China's industrial production in January-February 2021 grew by 35.1%
The fastest growing were the revenues of companies engaged in the extraction of minerals, the production and supply of electricity, heat, gas and...
Volkswagen starts new round of job cuts in Germany - Handelsblatt
This time, both the previously tested mechanisms of accelerated retirement and voluntary dismissal, and innovative mechanisms for reducing the number...
Vadym Novynsky became the sixth Ukrainian billionaire on the Forbes list thanks to the rise in steel prices
Forbes has updated the rating of dollar billionaires of Ukraine, which includes the co-owner of Rinat Akhmetov in the Dutch mining and metallurgical...
Economists expect German GDP to grow 3.7 percent in 2021
Germany's GDP will grow by 3.7 percent, partly offsetting the nearly 5 percent drop in 2020, analysts at the IWH predict....
In February 2021, inflation in Ukraine accelerated above the forecast level - NBU
Core inflation in February 2021 in annual comparison accelerated to 5.6% from 5% in January....
UK prime minister hit by Liberty Steel's financial woes
Boris Johnson may not be willing to invest British taxpayers' money in Sanjeev Gupta's empire, given its global reach and pile of debt, but will be...
World economy will grow by 5.6% this year - OECD forecast
The pandemic is exacerbating the gap between different economic actors and industries, increasing social inequality, and having a particularly strong...
Tesla has lost more than a quarter of a trillion dollars of capitalization
Legged for more than a month, the market value of the American automaker has decreased by 34%...
Norway suspends sale of Rolls-Royce assets to Russian company for security reasons
Britain's Rolls-Royce announced the planned sale on February 4 as part of a cost-cutting plan to help the aircraft and ship engine manufacturer...
France to help steelmakers hit by Greensill bankruptcy - finance minister
In Europe, fears of the loss of several thousand jobs are growing due to the financial problems of the British Liberty Steel, which is closely...
Eurozone investor morale at its highest rise in 12 months
The ongoing vaccination and rising inflationary pressures give confidence and optimism to European investment funds....
US Senate Adopts $ 1.9 Trillion Stimulus Package
This plan is based on the program proposed by US President Joe Biden to overcome the economic consequences of the spread of the new coronavirus....
Tibet invests about $ 30 billion in infrastructure projects in 5 years
In August 2020, China announced plans to expand the country's rail network by a third over the next 15 years....
US and EU suspend the collection of duties that were imposed against each other during the Trump administration
US President Joe Biden and European Commission President Ursula von der Leyen also agreed on a coordinated foreign policy, including towards Russia...
Sanjeev Gupta Metallurgical Alliance Stops Paying Greensill Loans
The fates of two British nouveau riches Lex Greensill and Sanjeev Gupta are closely intertwined and not only by mutual financial obligations....
China to build high standard free trade zone network to reach worldwide - Xinhua
The country will foster the growth of mutually beneficial Sino-US business relations and accelerate free trade negotiations with Japan and South...
Ukrainian business sees great opportunities in expanding China's openness - President of the Ukrainian Chamber of Commerce and Industry
The head of the CCI called agriculture one of the most promising areas of cooperation between Ukraine and China....
The fall in the price of nickel by more than 8% was the sharpest in 4 years
The plunge in nickel prices is exacerbated by fears of oversupply....
Lufthansa has a record loss of 6.7 billion euros in 2020
Deutsche Lufthansa AG, better known as Lufthansa, is Germany's flagship airline and Europe's largest aviation concern, which also includes such large...
Liberty Steel changes its mind about buying Hungarian steel mill Dunaferr
A possible reason for Liberty's withdrawal from negotiations with the Hungarian government, which started at the end of January, could be problems...
UK Raises Tax Rates for Large Businesses to 25%
Companies with revenues of more than £ 250,000 a year or more will be taxed at 25% from 2023....
British unions fear thousands of jobs to be lost due to Sanjiv Gupta's financial woes
Recent concerns about future difficulties in refinancing Greensill's liabilities and Sunjawa Gupta's business are of serious concern to unions....
Canada's economy plunges record 5.4% in 2020
Canada's economy shrank almost twice as much as the United States during the COVID-19 pandemic, despite the fact that the United States recorded...
Greenhouse gas emissions returned and exceeded levels prior to the pandemic - IEA
The carbon pollution of the planet's atmosphere is on the rise again, raising concerns among experts that the goals of the Paris Climate Agreement...
LADA increased sales of new cars in February by 13.1%
The company notes a stable demand for cars of the LADA Largus family....
