Gold prices rose as markets looked forward to the Federal Reserve meeting and the unfolding of geopolitical events...
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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 prices...
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, affirming...
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....
Tesla expects 50% growth despite supply chain issues
American electric vehicle manufacturer Tesla Inc. recorded a record net profit in 2021, despite the fact that the company's enterprises did not work...
The IMF worsened the forecast of the world economy for 2022 due to the increase in the incidence of omicron
The supply and demand imbalances are expected to narrow in 2022. At the same time, it is expected that the increase in pressure on prices will...
The Bank of Russia has suspended the purchase of foreign currency to avoid the collapse of the ruble
The decision to stop purchases was made after a sharp depreciation of the ruble - during the auction on January 24, the value of the dollar for the...
Chamberlain resigns as head of the London Metal Exchange in favor of cryptocurrencies
The head of the London Metal Exchange, known for his pioneering reforms and fight against alcohol, is stepping down to lead a start-up that protects...
Contracts for the supply of steel to the automotive sector in Europe rose by 500 euros - MEPS
The European steel market began to gradually wake up after the New Year holidays in 2022. Because Epiphany was at the end of the first week of the...
Microsoft buys Activision Blizzard in biggest deal in video game industry
Call of Duty, Warcraft, Diablo and Overwatch will go under the wing of Microsoft...
Metinvest changed the terms of previously issued Eurobonds
Changes to the terms of the bond issue increase the financial and operational flexibility of the group in the implementation of strategic investment...
