The commodity market has seen four such supercycles over the past 100 years, the last of which began in 1996 and peaked after 12 years of growth in...
Business and Finance
Oil giant Shell goes into hydrogen and biofuels, abandoning oil
But for the near future, Shell's spending will continue to focus on oil and gas....
Saudi Aramco to Provide $ 10 Billion to Buyer of Its Pipeline Division
Saudi Aramco is preparing a funding package of up to $ 10 billion that it can offer to buyers of its pipeline business unit in a battle for...
German exports in 2020 show biggest decline since financial crisis
For the first time since 2013, the export of goods from Germany “went into negative territory” by more than nine percent....
Morgan Stanley: It's time to return to Russian assets
American analysts see no big problems from new US sanctions against Russia, while the rise in oil prices will undoubtedly support the Russian...
Tesla buys $ 1.5 billion of bitcoins, pushing the price of cryptocurrency to $ 44,000
The bitcoin rate for the third time since the beginning of 2021 has updated its historical maximum and exceeded $ 43,000....
The cost of electricity in Russia peaks in five years
Wholesale electricity prices in 2020 reached their highest values, despite the strongest drop in demand in ten years. The main driver of growth was...
Brent crude price rises above $ 60 per barrel for the first time since January last year
Market participants associate the rise in oil prices with "euphoria" amid the start of vaccination against coronavirus and an increase in...
UK may impose "excess profits tax" on companies that got rich from pandemics
Amazon and the online giants will face tax pressure from skyrocketing sales in London's bid to plug a budget hole....
EU economy will not be able to return to pre-pandemic level before mid-2022 - Lagarde
Europe is likely to face the third wave of the coronavirus pandemic, which will be almost useless to fight with quarantine measures....
US court upholds Trump's 25% tariffs on steel imports
On Thursday, the US International Commercial Court upheld the legality of Section 232 of the 1962 US Trade Act in imposing tariffs on steel imports...
Silver stock prices fell 11% on Tuesday after soaring 13% on Monday
They tried to rock the silver market as a result of the concerted actions of private investors agreeing on trading strategies in specialized forums,...
Elon Musk's Berlin plant will receive a billion dollars in subsidies from the German government
The German government will grant a subsidy to the enterprise of the world's richest businessman in support of the battery industry in Europe....
ArcelorMittal Kryvyi Rih is confident of further growth in prices for rolled metal
The world's leading manufacturers are switching to scrap metal, the collection of which has not increased recently, which ensures a long-term...
Head of Azerbaijan's largest metallurgical company accused of fraud
The head of the Baku Steel Company was imprisoned for 4 months by the court on charges of fraud and abuse....
Tesla ends year with a profit for the first time in history, but investors are disappointed
Tesla has reported its first annual profit in its history. But investors were disappointed: the company did not name a new ambitious target for the...
Interpipe fully repaid Eurobonds debt
Now the financial condition of Interpipe is stable and stable, said Denis Morozov, Director for Economics and Finance of Interpipe....
High-speed railway line will connect the south of Kazakhstan and the capital of Uzbekistan
Construction of a railway line bypassing Almaty station will speed up the passage of goods in the Chinese direction....
Post-pandemic global economy: UN calls for global consolidation
The devastating socio-economic impact of the COVID-19 pandemic will be acutely felt in the coming years almost all over the world. A reliable and...
Cash in on pandemics: Switzerland's largest bank increased its annual profit by 54%
UBS Bank, the world's largest wealth manager, derives most of its profits from advising and managing the money of the world's richest...
Liberty Steel will submit a firm bid today for ThyssenKrupp Steel Europe
British billionaire Sanjeev Gupta is determined to enter the chain of major steel suppliers for the automotive industry....
China's economic growth to exceed 7% in 2021 - Credit Suisse bank
In 2020, China's gross domestic product grew by 2.3%, according to data from the State Statistical Office of the PRC. This is the lowest growth...
Europe's aerospace industry will take years to recover from a pandemic - Fitch
Most of Europe's aerospace and defense companies were very active in the debt capital markets in 2020, maintaining their liquidity, with gross...
Biden proposed $ 1.9 trillion stimulus plan
The United States is in first place in terms of the number of people infected with coronavirus....
Private equity invests in the mining industry amid growing demand for metals
London-based Appian has managed to attract many investors who were previously not involved in the metals or mining industry....
Copper rises in price on exchanges after the resumption of the work of the US Congress
Copper is a major indicator of investor sentiment, encouraged by the end of the US presidential race....
About 4,000 UK financial companies may go bankrupt due to coronavirus
The UK regulator has said that its task is not to prevent bankruptcy, but to ensure these processes so that bank depositors do not suffer....
Shareholders approve merger of Fiat Chrysler and Peugeot
The merger was approved by 99.85% of PSA shareholders. The deal is expected to close by the end of March....
Bitcoin value surpassed $ 30,000 for the first time
Some analysts suggest that bitcoin is seriously overvalued and after reaching the height of 30 thousand dollars, it may fall in price by more than...
