Bank analysts predict that the coming heating season will kick off amid severe energy shortages caused by global shortages of natural gas and coal....
Business and Finance
Chinese suppliers Apple and Tesla shut down their factories due to power shortages
China's coal-scarcity energy crisis threatens a slowdown in the Chinese economy and threatens global efforts to combat climate change....
Ford invests $ 50 million in company founded by former Tesla CEO
Ford invests in electric vehicle battery recycling company Redwood Materials to reduce import dependency....
UK to provide £ 220m in aid to metals and food industries
The British government stated that despite successful transformations in the energy sector, it is becoming more and more difficult to achieve CO2...
UK energy companies file for bankruptcy en masse due to high gas prices
There were 70 energy providers in the UK at the beginning of 2021, but industry sources say there may be as few as 10 remaining by the end of the...
Bill Gates Raises Over $ 1 Billion To His Clean Energy Fund
The largest contributors to the Catalyst Fund are BlackRock, Microsoft, American Airlines and ArcelorMittal, each with $ 100 million to develop new...
Low-cost carrier Ryanair plans aggressive expansion in Ukraine
The head of the company said that the main income will come from migrant workers, who are able to pay an average of 40 euros for a flight to Europe....
United Arab Emirates hopes to end US steel import duties soon
In the UAE, steel production is represented by the only integrated producer Emirates Steel, which recently received government support in the form...
Industrial production in China increased by 5.3% in August 2021
In the first eight months of this year, this indicator increased by 13.1% on an annualized basis....
Moody's changes its outlook for the mining and metals industry from "positive" to "stable"
In its report, covering the medium-term outlook for iron ore, steel, coal, aluminum, gold, silver, nickel, copper and zinc, Moody 's expects most...
Boeing predicts full air travel recovery by 2024
Compared to last fall's forecast, Boeing now sees an increase in orders for commercial aircraft and aviation services over the next decade, as well...
18th China-ASEAN EXPO ends with record deals
This year, EXPO held 148 events to stimulate trade and economic ties and 26 high-level forums on the topic of industrial chains, cooperation on...
Electricity prices in Europe have doubled due to calm weather
The lack of winds has led to the shutdown of most wind farms in the European Union, which, amid disruptions in the supply of natural gas, has pushed...
ArcelorMittal Receives Government Aid in Germany for Green Steel Transition
The German government has allocated 55 million euros of government funding for the construction of a new steel complex with a capacity of 1 million...
The National Bank of Ukraine has registered the first five collection firms
In 2021, in Ukraine, for the first time, there was a legislative regulation of the behavior of collection companies and financial institutions...
India to install Ukrainian gas turbine engines on frigates of its navy
It is planned to equip new multipurpose frigates with units produced by the Nikolaev Defense Plant, which will soon be built at the Indian shipyard....
Ukraine will strengthen interaction with the US Internal Revenue Service
The Ministry of Economy of Ukraine plans to develop electronic exchange of tax information within the framework of the signing of the Tax...
Ukrainian business is optimistic about the results of its activities in August - National Bank
The monthly business activity expectations index is calculated by the National Bank of Ukraine on a monthly basis based on surveys of Ukrainian...
Sri Lankan President declares emergency to prevent hunger
The island nation's president, Gotabay Rajapaksa, on Monday declared a state of emergency due to the currency crisis, seeking to ensure the supply...
Ukraine will again try to sell Europe's largest titanium and zirconium producer
United Mining and Chemical Company JSC will be put up for re-auction on October 29, 2021 at 11.00 Kiev time. No bids were received for the...
European Commission gives Germany 2.25 billion euros in financial assistance
This is the first payment under the program totaling 25.6 billion euros, which will be used to decarbonize the German economy, digitalize public...
International Monetary Fund transferred over $ 2.7 billion to Ukraine - NBU
The decision on the distribution of these funds will be made in accordance with the current legislation, the Cabinet of Ministers of Ukraine said....
Samsung CEO Released from Prison Announces $ 200 Billion Investment in Company Development
The investment plan came just over a week after Samsung Group leader Jay Y. Lee was released from prison on parole after being convicted of bribery...
Thyssenkrupp sold two business lines in a week, considering them unprofitable
Just a week ago, it was announced the sale of the production of mining equipment, and today it became known about the deal on the infrastructure...
Rinat Akhmetov told why they decided to pay UAH 9 billion for the Dnieper steel plant
Dnipro Coke Plant, part of the Metinvest group of companies, won the auction for the sale of a single property complex of the Dnieper Metallurgical...
Electric car maker Rivian raises another $ 2.5 billion in private investment
Having not sold a single electric car since its launch in 2009, the Rivian startup has received more than $ 10 billion in investments in 10 years...
Record demand for business loans is expected in Ukraine - NBU
In the next quarter, Ukrainian financial institutions forecast the most significant softening of hryvnia business lending standards since 2013....
The export of agricultural machinery from the Russian Federation in the first half of the year increased by 35%
The key role for the export of Russian agricultural machinery continues to be played by high prices for grain on the world market, according to the...
Gazprom and Russian Helicopters signed a cooperation agreement for the supply of the first Russian offshore helicopters
Under the terms of the agreement, Russian Helicopters will provide tests of the prototype Mi-171A3, organize the serial production and certification...