Denmark gave Nord Stream 2 the green light to continue laying pipe

the Danish energy Agency has decided that Nord Stream AG 2 can also lay vessels use anchors in connection with the construction of the Nord Stream...

Celsa Steel received from the British government's emergency funding of 30 million pounds

Steel company received an emergency loan from the state that will allow you to save hundreds of jobs....

Austrian steel company Voestalpine will pay dividends despite the losses

Annual General meeting Voestalpine approved a dividend of € 0.20 per share for the 2019/20 financial year in which received operating loss of 1.2...

Jewelry will rise by a third because of rising gold prices

Prices for gold jewelry in September may increase by 30% compared to the beginning of the year amid a sharp drop in demand....

Gold prices can exceed 1800 dollars per ounce due to coronavirus

Whogivesa the situation with the virus COVID-19 allowed the precious metal to reach a maximum in 2012....

Sanctions of the USA and coronavirus turned to Iran, the most difficult year in the history of

Iranian authorities recognize the huge weight of the us sanctions, and enhanced due to the dramatic growth of infection of the population....

The world Bank has provided Ukraine a loan of $ 350 million

Later on Friday, the Bank stated that the key reforms which granted another loan, include strengthening land and credit markets, strengthening...

The Board of the IMF approved a 12-month loan program of Egypt in the amount of 5,2 billion dollars

the Fund believes that the new program will help Egypt to cope with the pandemic coronavirus, as well as to balance the budget....

The US imposed sanctions against four steel companies of Iran

the U.S. imposed sanctions against four steel, aluminum and metallurgical companies operating in the metallurgical sector of Iran, including a...

The Supreme court of the European Union upheld sanctions against VTB Bank

Under EU sanctions Sberbank, VTB, VEB, and Rosselkhozbank and Gazprombank has come to the end of July 2014 and since then has tried to challenge them...

Lufthansa shares soared after its largest shareholder, supported the plan of salvation

In an interview with Frankfurter Allgemeine Zeitung, Lufthansa's biggest shareholder Heinz Hermann Thiele (owner of 15.5% of the company) announced...

Moody's has raised a credit rating of Metinvest to the level B2

International rating Agency Moody's raised the corporate rating of Metinvest B. V. (Metinvest), the parent company of the international vertically...

The European Commission will check the legality of the Alliance Fiat-Chrysler with Peugeot

In December 2019 Fiat Chrysler and PSA (Peugeot, Citroën, Opel and other brands) announced the signing of an agreement providing for the merger of...

Moody's has raised a sovereign rating of Ukraine to B3 with a stable Outlook

Increasing Agency Moody's credit rating of Ukraine to B3 with a"stable" Outlook is a powerful positive signal to Ukrainian and foreign...

Shareholders ArcelorMittal was re-elected Lakshmi N. Mittal as CEO

the Annual General meeting of shareholders and extraordinary General meeting of ArcelorMittal shareholders, held on Saturday, approved all decisions...

Thailand has abolished import duty of hot rolled steel for all countries

June 7, 2020, the Ministry of Commerce of Thailand issued a decision against extending anti-dumping measures....

The IMF has transferred to Ukraine $ 2.1 billion

the Money will be in the accounts of the government of Ukraine for several days, said the Fund....

Eurostat has recorded a record drop in GDP in the Euro area since the beginning of observations

In the first curatele 2020 GDP in the Euro zone fell by 3.6%, while employment decreased by 0.2%...

The South Korean Prosecutor's office demands to arrest the Vice-President of Samsung Group

the Prosecution of law enforcement officers based on the alleged violation of the Law of South Korea's capital markets during the merger of Samsung...

Ukraine is awaiting approval of the IMF loan of 5 billion dollars 5 June

this week the international monetary Fund had previously agreed with Ukraine on a loan in the amount of $ 5 billion for the half year....

The demand for gold in the world in the first quarter of 2020 fell by 26%

withrednee the price of gold in the first quarter of 2020 were higher than in the same period a year earlier by 21%....

Germany rejected the application of the operator "Nord stream – 2" on the output of the project under EU directives

the Only way to remove tubing from under the rules updated gas Directive was its implementation until may 23, 2019....

Net profit of Swiss banks soared to record levels

once in March the markets began to fall, and the spread of the coronavirus gaining momentum, the volume of transactions money managers has increased...

The UK economy is shrinking at the fastest pace since the financial crisis

The largest fall occurred in industry and services....

The IMF may worsen the prognosis for the world economy

the IMF expects will be much more bad news from the point of view of how it evaluates 2020....

Net profit of Saudi Aramco in the first quarter fell by 25% amid falling oil prices

Cash flow Saudi Aramco from operating activities in the first quarter amounted to 22.4 billion to $ 24.5 billion dollars in the same period of 2019....

ArcelorMittal plans to issue additional shares to two billion dollars due to pandemic

the Company emphasizes that it does not need the money, but the growing uncertainty on the market may be cause for loss of financial stability....

The Saudi authorities to suspend the payment of allowances and dramatically increase taxes

Saudi Arabia has tripled the VAT rate and the abolition of all allowances in the framework of austerity after the fall of oil prices....

ArcelorMittal announces the overpricing of electricity in Ukraine is at least twice

If you compare the price of electricity in Ukraine and in the countries of the European Union, the enterprises of ArcelorMittal in Europe buying...

A leading metallurgical company in the world suspends dividend payments

ArcelorMittal Board of Directors has deemed it appropriate to suspend dividend payments as long as the operating environment is not normal....

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