In August 2020, China announced plans to expand the country's rail network by a third over the next 15 years....
Business and Finance
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...
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...
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...
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...
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...
LADA increased sales of new cars in February by 13.1%
The company notes a stable demand for cars of the LADA Largus family....
Britain denies loan guarantees for metallurgical holding GFG Alliance
British investment fund Greensill has lost its government guarantee on loans to steel tycoon Sanjeev Gupta....
The largest Texas energy company files for bankruptcy
Severe frosts caused numerous failures in the state's power supply system....
Germany's second largest private bank closes branches in 15 countries
Commerzbank, which received about 3 billion euros in net loss in 2020, announced for the first time in which countries its branches and branches...
China's manufacturing PMI fell to 50.6 points
Manufacturing activity in China grew at a slower pace in February than a month earlier, hitting its lowest level since May last year and falling...
Higher Yields on US Bond Leads to Sharp Drop in Cryptocurrency Price
Bitcoin falls to its lowest level in almost a year - the price of gold also falls to its lowest level since March 2020....
Georgia's economy shrinks by 11.5% in January
Georgian Dream won the parliamentary elections in October last year, but the opposition said that the vote was rigged and accompanied by violations....
ArcelorMittal has raised prices for galvanizing for the European market to 900 euros per ton
The largest producer of steel in the EU did not increase prices for hot rolled steel, probably fearing an influx of imports from Russia and India....
Ukrmetallurgprom advocated prolongation of the duty on the export of scrap metal from Ukrayrna for another 5 years
The Association is concerned about the supply of raw materials to Ukrainian metallurgical enterprises....
Ice Apocalypse In Texas Spurs Up Gas Prices In Europe
Days of glacial weather claimed the lives of at least 38 people across the country, made roads impassable, disrupted vaccine distribution and...
Renault in 2020 has a record loss of 8 billion euros
In the first half of last year, the automaker had more complex problems related to the coronavirus pandemic, and this year it warns of new lockdowns...
Underlying profit (EBITDA) of Metinvest in 2020 increased by 82%
The Netherlands mining and metallurgical holding with assets in Ukraine has announced the results of its financial activities under IFRS in 2020....
Germany's second largest steel company announces force majeure on supplies due to snowfall
Strong winds, snowfalls and ice in northern and central Germany led to a traffic collapse....
In 2020, the volume of mortgage lending in Ukraine increased by one third - NBU
Most mortgage loans in 2020 were issued in Kiev - 1.5 thousand agreements for a total amount of 1.4 billion hryvnia (37% of the total)....
Interpipe and DTEK signed agreements with the UAE State Investment Fund
The Ukrainian delegation, chaired by Volodymyr Zelenskyy, signed memoranda and contracts in the UAE in the amount of $ 3 billion or more....
EU enacted “enforcement of trade regulation” to circumvent WTO rules
The EU has been given the opportunity to punish its trading partners if they impede effective dispute resolution, for example, by blocking the...
IMF wants more progress from Ukraine on new tranche
The mission of the International Monetary Fund (IMF) completed its work in Ukraine. The parties did not agree to revise the stand by program....
