The German government will grant a subsidy to the enterprise of the world's richest businessman in support of the battery industry in Europe....
Business and Finance
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 trend...
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 people....
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 rate...
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 debt...
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...
Smart Holding and Dragon Capital agree to sell Unex Bank
JSC "Unex Bank " was founded in 1993. He is a member of the FGVFL. As of the third quarter of 2020, the main shareholder of the bank is...
Honda will stop supplying cars to the Russian market in 2022
This decision is dictated by the development strategy of Honda Motor, aimed at restructuring operations in the face of changes in the global...
Metinvest paid off part of its pre-export financing obligations ahead of schedule
Rising steel and iron ore prices have allowed the company of Rinat Akhmetov and Vadim Novinsky to repay the $ 45 million PXF loan ahead of schedule....
"Metinvest " in October reduced revenue by 4.8% compared to September, EBITDA by 1.6% with an increase in the indicator from the joint venture
The company's total debt in October increased by $ 5 million compared to September - to $ 2.932 billion from $ 2.927 billion. At the same time, the...
Central Asian Exports Decrease By 24 Percent In 2020
In 2020, mainly due to the pandemic, the volume of international trade in the Asia-Pacific region will decline by 1.9 percent compared to last year....
Ukraine's economy returned to pre-pandemic indicators and will grow by 5% in 2021
Prime Minister of Ukraine Denis Shmyhal spoke about “billions of hryvnias” of state support for industrial growth, exports and employment provided...
Profits of China's industrial enterprises rise 15.5% in November
Chinese industry is increasing its profits in double digits, demonstrating strong growth in the mining sector....
Trump vetoed US defense budget with sanctions against Nord Stream 2
The sanctions were supposed to take effect on December 29, but now they will be postponed until at least January 20 - the time of the inauguration...
The first of the gold-bearing areas of Ukraine put up for auction was sold to a citizen of Turkey
An unknown company from Lviv with a Turkish owner acquired the first of 4 gold-bearing areas put up for auction in Ukraine....
Finnish stainless steel maker Outokumpu to fire 650 people over coronavirus
The layoffs are part of the company’s program to improve EBITDA by € 200 million and bring the net debt to EBITDA ratio below 3.0x by the end of 2022....
British airline EasyJet abandons planned purchase of 22 Airbus aircraft
British airline EasyJet has agreed with Airbus to postpone the purchase of new aircraft in order not to go bankrupt until air travel in Europe is...
Interpipe attracted a 37 million euro loan from Ukrgasbank
Interpipe is especially pleased that a credit line for a Ukrainian industrial company has been opened in a Ukrainian state bank....
Canadian retirees will invest in the development of solar and wind energy
Canadian Pension Fund invests $ 1 billion in green energy developer Invenergy Renewables....