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Growth rate of the world economy in the second half of 2021 to reach 5.8% - Bank of China
The global economy will recover faster in the second half of the year: report by the Research Institute at the Bank of China....
G20 Finance Ministers Sign Global Tax Agreement at Venice Summit
In their joint statement, the finance ministers of the G20 countries called the agreement historic, noting that discussions on its terms have lasted...
Energoatom's debt to Turboatom has grown to almost one billion hryvnia
Turboatom JSC appealed to the Prime Minister of Ukraine Denis Shmyhal with a request to facilitate the solution of difficult financial relations...
Iran's decision to produce uranium metal could drive up oil prices
The likelihood that international sanctions will not be lifted from Iran is very high. The continuation of the sanctions restrictions will not allow...
Croatian company Rimac will buy 55% of the ultra-luxury brand Bugatti
The deal marks the end of an era for Bugatti, one of the most recognizable names in the world of super-luxury cars, after two decades owned by...
German Saarstahl agreed to acquire French metallurgical plants Liberty Steel
Saarstahl intends to expand its product portfolio and start producing steel from scrap metal. The negotiations are expected to be completed by the...
Turkish business intends to invest in Ukrainian renewable energy and pharmaceuticals
Strong political relations and strategic partnership are developing between the Republic of Turkey and Ukraine, and the next steps should be...
Ferrexpo board of directors decided to abandon pre-export lending
Having repaid early and canceling the extension of the pre-export credit line, Ferrexpo plans to invest in the development of high-quality pellets....
Chinese battery giant renews agreement with Tesla to supply lithium-ion batteries
Chinese battery maker Contemporary Amperex Technology rose nearly 3 percent on Tuesday after the company signed a new agreement with Tesla to supply...
Liberty Steel said it is ready to pay off debts to creditors after restructuring
The restructuring will support Sanjeev Gupta's efforts to refinance the group, fueled by stronger core assets and record steel, aluminum and iron ore...
Panasonic sold all of its shares in Tesla for $ 3.6 billion
The sale of the stake will not affect the relationship between the companies, given the strategic cooperation in the production of batteries,...
Russia may change tax legislation to remove excess profits from metallurgists
The Ministry of Finance of the Russian Federation proposed to temporarily "tune" taxation in metallurgy....
In Kazakhstan, 55 types of activities in 14 areas were proposed to be attributed to the creative sector of the economy
When preparing the list, the UN approaches to the definition of creative industries were taken into account....
Why data and digitization will be the foundation of the future of finance
COVID-19 has led to the rapid digitalization of the financial services industry, but more needs to be done to make the sector sustainable, says Dr....
ArcelorMittal Kryvyi Rih paid more taxes in five months than the annual budget of the Odessa region
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Ukrainian metallurgists began to actively use hedging of currency risks
Metallurgical company Centravis was the first to involve foreign exchange forwards from Ukreximbank in strategic planning....
The largest metallurgical company in Austria predicts profit growth of at least 1.5 times
voestalpine expects the global economy as a whole to continue its upward trajectory, at least until the end of calendar 2021. In addition, the...
The EU supervisor will decide by July 9 to sell the assets of Liberty Steel France to ArcelorMittal
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Transmashholding transferred the registration of the parent company from the Netherlands to Cyprus
The company assures that this has nothing to do with the denunciation of the tax agreement with the Netherlands in the Russian Federation, calling...
German companies face critical staff shortages - Handelsblatt
The German economy lacks not only wood, steel or computer chips, but also people. Only in the 30 largest companies in Germany, the labor shortage is...
G7 countries plan to create Western alternative to China's Silk Road initiative
The G7 countries, under pressure from the United States, are planning to make a decision on a global partnership in the field of infrastructure....
World Economic Forum economists named the main threats to the global economy
The latest poll of chief economists from the World Economic Forum shows that most of them expect global GDP to recover to pre-COVID-19 levels by the...
Elon Musk explained the rise in prices for Tesla by the increase in costs for rolled metal and other raw materials
Record steel price increases have hit the supply chains of American automaker Tesla....
Metinvest's profitability grows up to 40% in the first quarter of 2021
The company's debt burden ratio, which shows the ability to pay on existing loans and borrowings, "Net debt /EBITDA" decreased from 1.0 to...
Goldman Sachs no longer views China as the center of commodity pricing
The bank motivates this by the fact that the pace of recovery in demand in developed markets suggests that China as a buyer has been ousted by...
Chinese banks banned from lending to private investors buying up commodities
Chinese officials fear speculative heating up of the commodity market and multiple bankruptcies of private investors who are unable to bear such...
Stock prices for gold are preparing to overcome the mark of $ 1900 per ounce
Gold quotes close to the key resistance of $ 1,900 amid declining consumer confidence in the US and declining new home sales in the country, which...
China will tighten regulation of virtual currencies - Xinhua
Financial institutions, payment institutions and other agencies should not use virtual currencies to set prices for products or services, the...
