An unknown company from Lviv with a Turkish owner acquired the first of 4 gold-bearing areas put up for auction in Ukraine....
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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....
Tesla shares jump to record highs ahead of S&P 500 debut
Tesla is the most expensive vehicle manufacturer in terms of capitalization, although it lags behind many companies with a longer history in terms of...
Metinvest Group will receive a loan of 62 million euros from the Black Sea Trade and Development Bank
Given the importance of this sector for the country and its export potential, this agreement will be of great importance for the development of...
Coronavirus pandemic has revived metal trade in Russia - prices soared by 30%
The composite price index for ferrous metal products across the Russian Federation increased by 197.2 points (+ 31.3%) over three weeks to 827.4...
India's Transport Minister complains to PM about speculative rise in steel prices
Due to the abnormal rise in steel prices, the largest industrial projects in India may be under threat....
EU lacks unity to impose sanctions on Turkey
Individual interests did not allow EU leaders to take decisive measures. This applies not only to measures against Turkey, but also to Belarus and...
China's industrial production rose 7% in November
Chinese industry accelerated its growth from 1% in October to 7% in November (both compared to last year)....
The World Bank will lend Ukraine $ 300 million to overcome the consequences of the pandemic
The World Bank will provide Ukraine with a US $ 300 million loan to overcome the consequences of the COVID-19 pandemic as part of a project to...
A system of "Smart regulation" of business will be created in Kazakhstan
From 2021, Kazakhstan will begin to gradually revise the legislative norms of outdated tax and regulatory requirements....
Ukrainian aircraft industry was exempted from VAT and import duties
Among the lucky ones are LLC "Scientific and Production Association" AVIA ", LLC" GIDROBEST ", LLC" Aircraft Repair...
Tesla announces additional $ 5 billion share issue
Tesla quotes went down in pre-market trading on Tuesday after the announcement of a new sale of shares, the price of which Elon Musk himself calls...
Ukrainian industrial associations have announced the threat of a secret agreement with Turkey
The government of Ukraine has decided to urgently complete negotiations on free trade with Turkey, which have been at an impasse for about 10 years,...
Chinese investors demand from the state of Ukraine $ 3.5 billion in compensation
Chinese investors of Motor Sich PJSC have applied to international arbitration against the state of Ukraine with a demand to pay them $ 3.5 billion...
£ 50 billion in cash "missing" at the Bank of England
The use of cash in the UK has been declining for years, but the demand for it is growing rapidly. Nobody knows exactly where the banknotes go....
Elon Musk once again announced the overvaluation of Tesla shares - the bubble could burst
There is simply no reason for an increase in the shares of the American car company, says its CEO and warns that at any moment Tesla quotes can be...
US Provides $ 20 Billion in Government Support to Airlines to Pay Salaries
In addition, the US Treasury will provide an additional $ 8 billion in aid to the struggling private bus industry....
Azerbaijani metallurgists send 100 tons of liquid oxygen to Georgia for hospitals
Azerbaijan has assisted Georgia in preventing the deficiency of liquid oxygen by sending 100 tons of the liquefied component there free of charge....
Rinat Akhmetov's metallurgical plant in Great Britain took out a loan of 35 million pounds
Spartan UK rolling mill has attracted a new factoring line set up by Raiffeisen Bank International AG....
November demand for passenger cars in Ukraine collapsed by 17%
For 11 months of 2020, consumer sentiment in the Ukrainian car market decreased by 5%...
Program crash on Tokyo Stock Exchange led to resignation of its CEO
Head of Japan Exchange Group Inc. Akira Kiyota will take over as head of the Tokyo Stock Exchange, replacing Koichiro Miyahara, who stepped down as...
IMF denies emergency financial aid to Kiev
The International Monetary Fund (IMF) refused to allocate a tranche to Kiev as part of the emergency financial assistance program....
How much will steel prices in the United States "jump" upwards and what are the reasons for this?
American buyers are shocked by the current dizzying rise in steel prices, but even more interesting is what awaits them when they return to the...
Ukraine needs to reduce mortgage rates to 8-10% - Confederation of Builders of Ukraine
Also, according to the KSU, the country needs to create conditions for protecting the rights of creditors, in particular, introduce the use of...
Japan's most important stock index drops sharply amid new coronavirus outbreak
Japan's transport and insurance companies have shown the largest drop, while the highest growth in shares was recorded in the metallurgical and...
Thyssenkrupp will lay off 11,000 people to stop losses rising to 1.6 billion euros
The largest German industrial concern will increase the number of job losses and will try to sell the unprofitable metallurgical business....
