If Russia's invasion of Ukraine continues for a longer period, the Norwegian economy will face significant problems, according to the SSB review...
Business and Finance
Oil prices top $100 a barrel for the first time since 2014
The quotes are growing amid news that Russian President Vladimir Putin announced a special military operation in the Donbass on the morning of...
Ukraine increased foreign exchange earnings from the export of ferrous metals by 81.4%
Ferrous metals accounted for 20.5% of all Ukrainian export earnings in 2021...
Gold rises in price in response to rising geopolitical tensions
British Government Health Minister Sajid Javid said that Russia's invasion of Ukraine has already begun, so the UK will impose sanctions against...
Panic on the securities market in Russia: quotes collapsed to 13-year lows
The total losses of the Russian stock market during trading on February 21 amounted to about 4 trillion rubles (50 billion US dollars)....
Metinvest's European enterprises have been certified in credit management
Certification in 2021 was carried out by an independent audit company TUV Rheinland, whose certificates are recognized all over the world....
Geopolitical Tensions Push Gold Prices Up
The gold market usually loses interest in such geopolitical tensions quite quickly, provided there is no sustained negative impact on other markets...
The price of gold reached its highest since June last year
Gold prices rose as markets looked forward to the Federal Reserve meeting and the unfolding of geopolitical events...
Venezuelan gold reserves fall to new 50-year low
The Central Bank of Venezuela previously held over 300 tons of gold bars...
Elon Musk donates over $5.7 billion worth of Tesla stock to charity
Musk's public philanthropy has so far lagged behind other billionaires...
Oil prices froze in anticipation of a new jump near $100 per barrel
Oil is not the only commodity that could rise in price as a result of the Russian invasion of Ukraine. &P Global Platts analysts also point to...
US and Japan agree on tariffs on steel
In exchange for the abolition of tariffs on steel invented by Donald Trump, Japan promised to increase taxes on the export of steel products and...
Fitch Ratings is preparing to revise Russia's ratings downwards
The agency notes that tough sanctions against Russia may have negative consequences for the sovereign rating and banks....
Growing tensions between the West and Russia over Ukraine have caused the price of gold to rise
Washington's statements about the readiness of the Russian army to cross the border with Ukraine at any time and a new round of rising oil...
Oil prices are preparing to reach the milestone of $100 per barrel
The rapid rise in oil prices, which began this year, will continue without a doubt. Proof of this was the increase in oil prices announced by the...
Meta, parent company of Facebook, lost $230 billion
This was the largest one-day stock drop in US history...
Positive credit rating of Ukraine lasted less than six months
Last August, Fitch Ratings upgraded the outlook for Ukraine's long-term issuer default rating in foreign currency from stable to positive,...
Zuckerberg's fortune decreased by the annual equivalent of Estonian GDP in a day
Mark Zuckerberg lost $29 billion on Thursday after Meta Platforms Inc shares posted a record one-day drop....
Ukrainian ferroalloy producers warn of negative consequences of agreement with Turkey
The association of producers of ferroalloys and other electrometallurgical products is not sure whether the signing of the Free Trade Agreement with...
Metinvest denies accusations of non-payment of UAH 18 billion in rent
Metinvest Group stated that it does not understand where allegations come from that there is some underpayment of taxes in the amount of UAH 18...
Volvo cut sales by 20% in January due to shortage of microchips
In Europe, sales fell by 24.8%, to 18,691 vehicles, in China - by 23.6%, to 14,629 units. The number of cars sold in the USA decreased by 12.8%, to...
China's car exports top 2 million units in 2021
In 2021, Chinese car exports doubled compared to 2020, when exports of passenger cars and commercial vehicles grew 2.1 times....
Ukraine reduced exports of ferrous metallurgy products by 12% in January
At the same time, foreign exchange earnings from the export of ferrous metals in the reporting period increased by 37.2%, exceeding one billion US...
Metinvest announced unprecedented unreasonable pressure on business
The enterprises of the Metinvest group in Krivoy Rog came under close attention of law enforcement officers who are conducting investigations at the...
Emergency financial assistance to Ukraine will be provided on "very favorable terms" - European Commission
The European Commission has also decided to significantly increase the bilateral assistance it provides to Ukraine in the form of grants in 2022....
WGC: Gold demand up 10% in 2021
Despite a sharp increase in purchases (+118%) of gold in the fourth quarter, the final result of 2021 was a decrease in investment interest in the...
ThyssenKrupp sold its stainless steel business to an Italian company
The German industrial giant continues to restructure its business....
Metallurgists of Russia overtook oil and gas workers in terms of income of top managers
Semyon Slepakov should think about a new song: the income of the directors of the largest Russian metallurgical companies exceeded several times the...
Escalation in Ukraine will radically change the metals and energy markets in Europe
Russia is in the lead in the supply of metals and energy to the countries of the European Union, which may experience interruptions in the supply of...
After the WTO decision, China urged the US to correct mistakes in trade practices
China was given the right to impose punitive tariffs on the United States in the amount of $645 million a year....
