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...

Russian Helicopters and Novikombank signed a financing agreement for 10 billion rubles

Novikombank has been cooperating with the Russian Helicopters holding since 2011, providing settlement, credit, investment and financial services....

Demand for armaments will ensure a stable growth of armored steel sales by 4% per year until 2031

Armored steel plate sales will grow steadily over the next 10 years at an average annual growth rate of 4% as demand for improved protection systems...

ArcelorMittal will overtake McDonald's Corp. in revenue this year. and PepsiCo Inc.

The pandemic turned out to be the best time for the steel business. Steel prices have skyrocketed worldwide this year, breaking record after record....

China will limit speculation in the commodity market to ensure price stability

Chinese officials will expose "malicious speculation", including those that lead to artificial shortages in the market....

Global oil demand to grow by 3.3 million barrels per day in 2022 - OPEC

World oil consumption in the second half of 2022 may exceed pre-pandemic levels, but on average, demand for the year will be slightly lower than in...

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