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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...

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....

Ukraine in the first quarter reduced revenues from exports of ferrous metals 15.5%

Metallurgical enterprises of Krajina continued to reduce export earnings from trade in black metals and metal products....

BMW expects drop in margins in the automobile business in 2020 to zero

the Company registered in the first quarter of a two-fold increase in profits, but sees a gloomy future for the business as a whole in 2020....

Eurostat producer Prices of industrial production in the Eurozone fell by 1.5%

the Biggest decline in producer prices of industrial products was observed in Greece, Lithuania and Spain....

France recorded a record drop in manufacturing activity

Crantini restrictions forced the French company to cut staff at the fastest rate....

United States Steel Corporation pays a symbolic dividend of 1 cent per 1 share

a Leading integrated steel producer in the United States stopped 7 of 10 blast furnaces and is preparing to lay off about 7,000 employees from their...

Shell for the first time since the second world war, "trims" dividends

Energy company was facing an unprecedented fall in oil demand due to pandemic coronavirus....

Ford expects net loss of $ 5 billion in the current quarter due to falling demand

the Company is preparing for difficult times by reducing spending on all its projects....

Profit of the largest manufacturer of steel in China fell by 43.6 percent

Chinese steel makers expect a further decline in revenues due to weak demand and high iron ore prices....

US imposed export restrictions against Ukraine, Russia, Venezuela and China

The United States has published regulation changes that impose new restrictions on the export of aircraft components and many semiconductor-related...

Commercial vehicle sales in Europe have halved

Registration of commercial vehicles in the European Union in the first quarter decreased by 23.2% falling 47.3 percent in March....

OPEC predicted the return of oil to USD 40 per barrel in the second half of 2020

the Recovery in prices will contribute to the results of the steps that have been taken in some countries, including in China and Europe....

Tata Steel asks the UK government half a billion pounds

In the words of British member of Parliament Stephen Kinnock, Tata Steel needs state support in the amount of about 500 million pounds to tackle the...

EU leaders have approved a program of emergency support to the economy to 540 billion euros

the European Union restarts the economy of the bloc, according to the President of the European Commission, we are talking about trillions of euros...

The price of North American WTI crude oil fell below $ 8 per barrel for the first time in history

In may, will operate a new agreement OPEC and non-OPEC to reduce oil production....

S & P Global Ratings has downgraded the rating of Tata Steel to the speculative "B+"

Analysts are disappointed by the company's financial condition, which was worse than expected even before the pandemic. Now in S & P say...

The market considered the deal OPEC+ reduction of oil production of one dollar

two weeks after the completion of the agreement with Saudi Arabia on the reduction of production Russia returns to deal OPEC+, preparing to cut the...

Experts have predicted a sharp drop in car sales

Annual demand in US is expected to lag behind the figure for 2019 30% by the end of this year....