This project is another milestone in the successful cooperation of Metinvest with the Austrian company Primetals Technologies Austria....
Business and Finance
Fitch downgrades ArcelorMittal SA to "BB +"; Outlook Negative
the Agency expects to reduce the demand for steel and falling prices for metal, followed by reduction at the beginning of 2021....
Japan called virus crisis "the biggest since the second world war"
the size of the stimulus package for the Japanese economy will be about 108 trillion yen, while government will spend more than 6 trillion yen in...
The European Union will increase the duty on American goods in response to the extension of tariffs on steel in the USA
the U.S. imposed import duties on steel and aluminum in 2018 for reasons of protection of national security. Under the rates were about 40 billion...
ArcelorMittal has declared force majeure on supply of steel in South Africa
a three-week lock movements across the country had a negative impact on the South African branch of one of the world's largest steel producers....
Saudi Arabia called for an emergency meeting of OPEC+ after the call of the President of the United States of trump
Call Saudi Arabia for an emergency meeting of the countries-manufacturers of oil comes at a time when market participants began to doubt that this...
Fitch Ratings forecasts a "deep global recession"
New Outlook < / span>does not provide the return of the GDP in the US and Europe to the levels seen before the virus of the crisis to the end...
Interpipe declares about the sharp jump in electricity prices in Ukraine
Where the industry was not able to finish the coronavirus, it will finish the electricity tariff, said the Director for economy and Finance Interim....
S&P Global Ratings lowered its forecast for global growth to almost zero
Risks to the baseline forecast remain firmly negative, as the translation of health outcomes in economic variables is still uncertain....
Saudi Aramco twice reduce the price of liquefied petroleum gas in April
Price war in the oil market continues....
Sales of Volkswagen in China has quadrupled
By mid-year the company expects to reach sales levels planned before the outbreak of the coronavirus....
Gold rises in price on concerns about the growth of coronavirus
In the short term the gold price will be supported by the purchase of safe assets....
Sovereign Fund of Norway has lost 124 billion dollars due to the collapse of markets
the world's Largest national wealth Fund lost per month more than $ 100 billion because of the collapse of the markets and falling oil prices....
WTO: the Decline because of the coronavirus will be worse than in 2008
experts of the world trade organization expect a sharp reduction of international trade....
Measures to rescue the economy and financial system of the EU is not consistent
EU Finance Ministers were unable to agree on the rescue plan for the economy and financial system of the Eurozone from the consequences of...
In the world financial markets grow optimistic mood
the Senators and representatives of the administration trump has reached agreement on a bill to stimulate the economy by $ 2 trillion, which is...
Reuters: Ukraine is not negotiating on debt restructuring
Ukraine is close to completing negotiations on IMF loans, but not restructurize their debts, told the news Agency the Minister of Finance....
Goldman Sachs expects a decline in world GDP by 1% because of "coronaries"
against the background of the spread of the pandemic coronavirus investment Bank Goldman Sachs predicts fall of the world economy by 1%...
S & P Global Ratings: American oil producers will be the first casualties of a price war
S & P Global Ratings does not expect Russia and Saudi Arabia will overcome their differences and return to the negotiating table, despite the...
Citigroup experts did not rule out the collapse of Brent oil to $ 5 per barrel
oil Futures WTI for April in electronic trading on the new York Mercantile exchange (NYMEX) rose $1,99 (7,89%) to $of 27.21 per barrel....
The ECB will allocate 1 trillion Euro this year to stop the spread of coronavirus
With rising bond yields on the periphery of the unit and the spread between Italian and German ten-year debt, doubled in just a few days, the ECB is...
The US expanded sanctions against Iran
last week Tehran has asked the U.S. to cancel part of sanctions to combat the epidemic of coronavirus....
At Deutsche Bank predict prolonged fall in stock markets
At Deutsche Bank believe the coronavirus more serious threat to the global economy than the financial crisis of 2008....
The Bank intends to sell on Monday $ 200 million to support hryvnia
the Sharp rise of the dollar and the Euro in Ukraine began on March 10. On the eve of world economy has shaken the collapse of oil prices....
The European economy will face a recession by 2-2,5% due to pandemic
Europe has become the new epicenter of the spread of the coronavirus that causes regional governments to take strict quarantine measures....
Iran asked to lift the sanctions in connection with the coronavirus
Tehran believes that the US should abolish all restrictive measures imposed against the Islamic Republic, because of the epidemic of coronavirus in...
The yield of Eurobonds of Ukraine for the "black Thursday" rose to 8-11% of GDP-warrants fell by almost 20%
Since the last local maximum that was reached two weeks ago, the rates of Eurobonds of Ukraine jumped by 5-6 p. p....
One of the largest banks in Sweden to be fined for payments to the Crimea
Swedish Bank Swedbank has notified the office of foreign assets control of the U.S. Treasury Department about the transaction at $ 4.8 million in...
The EU creates a Fund to combat coronavirus in the amount of 25 billion Euro
member States of the EU will have to use these sums to accelerate their investments in structural funds....
The national Bank of Ukraine will not allow "rocking" of the hryvnia
the Situation on the monetary market remains stable, and the banking system has sufficient liquidity, said the NBU....
