In "Ukrmetallurgprom" told how to reduce the tariff for electricity transmission

Ukraine's metallurgical lobby is sounding the alarm: an increase in electricity transmission tariffs will lead to an unjustified increase in the...

The world's largest oil company Saudi Aramco is forced to borrow money to pay dividends

Saudi Aramco last entered the international debt market last April, placing five tranches of Eurobonds totaling $ 12 billion....

Turkish steel exports to the European Union may be taxed \

EUROFER announced the possibility of retroactive application of anti-dumping duties against Turkish steel imports....

S&P Global assigned Viktor Pinchuk's Interpipe a 'B' rating with a stable outlook

Interpipe is a global manufacturer of steel pipes and railway wheels based in Ukraine....

Indian government launches third round of stimulus measures totaling Rs 1.2 trillion

India's economy is seeing a strong recovery, Finance Minister Nirmala Sitharaman said Thursday in announcing a third round of fiscal stimulus....

Turkey plans to become a "logistics superpower" and build a railway to Azerbaijan

Since the start of the pandemic, Turkey has invested about $ 6 billion in the development of its transport infrastructure, including in the...

Rolls-Royce sells 94% of its £ 2 billion stake

The company announced that it will buy back the remaining shares if no buyer is found on the market....

The Ukrainian government promises to finance the country's aviation industry

At least 2 billion hryvnias per year are provided for these purposes, the Prime Minister said....

30% of the 7-year EU budget will be spent on climate change - European Commission

This is the highest share of the largest European budget ever. The package also focuses on protecting biodiversity and gender equality....

A billion tons of cargo have passed through the port of Dubai in 10 years, and most of them are metal products

The Port of Jebel Ali, the flagship port of Dubai Port World (DP World), handled about 4.5 million TEUs from 2010 to 2019, which equates to 1...

Thyssenkrupp asks the German government for state aid of 5 billion euros

As reported by Bloomberg, the size of the discussed financial assistance is higher than the market value of the concern....

European Union will impose new duties on goods from the United States due to subsidies from Boeing

Disputes between the EU and the US on subsidizing aircraft manufacturers have been going on since 2004....

Biden's trade policy will target China: steel and aluminum tariffs remain

Joe Biden began his election campaign in the American steel cradle of Pittsburgh last year and defeated his rival in industrial states such as...

Turkish President Tayyip Erdogan sacked Central Bank Governor on Saturday

The reason was a sharp collapse of the Turkish lira exchange rate and disappointment in the measures taken by the Turkish Central Bank to stabilize...

UK Supreme Court postpones decision on Ukraine's debt to Russia

The decision on the so-called "Yanukovych loan " has been postponed due to the coronavirus pandemic....

Almost every fourth car of "AvtoVAZ " was sold in 2020 thanks to state support

Since the beginning of the year, AvtoVAZ has sold 273.5 thousand vehicles in total, setting a monthly sales record in October....

Weighted average prices for diesel fuel in Ukraine in October exceeded the European average by $ 44

Ukraine bought the most expensive diesel fuel in Greece, and the cheapest in Turkey....

Regardless of who wins the election, the US employment crisis will come first

An increasing number of Americans are losing their government benefits and switching to alternative government programs, such as the unemployment...

Metinvest bonds are included in the global debt indices of emerging markets

Eurobonds maturing in 2027 were issued on October 1, 2020...

The National Bank of Ukraine held an international round table on strategic planning with the participation of 15 central banks

Central banks are now also paying particular attention to the COVID-19 pandemic....

Saudi Aramco's third-quarter profit fell 44.6% due to pandemic

The company said it would distribute $ 18.75 billion in dividends for the third quarter of this year...

Goldman Sachs changes its GDP growth forecast for the EU to negative values

The American Investment Bank issued a statement predicting the fall of the European Union economy by 2.3% due to a new round of the pandemic....

Business activity of Russian manufacturers showed the maximum drop in five months

The business activity of Russian manufacturers in October showed the fastest drop since the first wave of coronavirus. Enterprises remain optimistic...

EU will not insist on crushing tech giants

The new EU regulation stipulates that large tech companies must be fragmented if this threatens the interests of customers....

Amazon canceled Black Friday ad in France due to pandemic

The online retailer had to close some of its warehouses in France during the first lockdown in the country this spring due to clashes with trade...

Bitcoin price surpasses $ 14,000 for the first time since January 2018

Bitcoin surpassed the $ 14,000 mark this afternoon and beat the January 2018 rate....

Exxon cuts 14,000 jobs worldwide

Exxon Mobil Corp said Thursday it could cut its global headcount by 15% and lay off about 1,900 employees in the United States as the COVID-19...

Gold demand falls to 11-year low in Q3 2020 - WGC

COVID-19 has negatively impacted the entire technology supply chain, leading to an overall drop in gold demand....

Consolidated revenue of Yandex grew by 30% in the third quarter

The share of non-advertising income of the company amounted to 43% of all revenue. The Taxi segment has the largest contribution among...

Microsoft's Net Profit Increases 30% Due to Coronavirus Pandemic

Microsoft today announced results for the quarter ended September 30, 2020, compared to the corresponding period last fiscal year....

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