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New EU duties on Turkish steel in Ankara called a political decision

The European Union has imposed tariffs on hot rolled steel sheets from Turkey since Friday as part of an ongoing anti-dumping investigation....

Construction of Nord Stream 2 in Danish waters to begin on January 15 - DEA

The Danish Energy Agency has received from Nord Stream 2 AG a new schedule for the pipeline in the exclusive economic zone of the kingdom, as a...

The European Commission introduced anti-dumping duties against Turkish rolled metal products

It was expected that the European Union will introduce temporary duties against Turkish rolled metal products in the second half of January, but the...

About 4,000 UK financial companies may go bankrupt due to coronavirus

The UK regulator has said that its task is not to prevent bankruptcy, but to ensure these processes so that bank depositors do not suffer....

French Carmat has confirmed the start of sales of an artificial heart at the beginning of the second quarter

The device will be used as a transitional stage in heart transplantation for patients with heart failure at the last stage of the disease....

Ferrexpo's Board of Directors is pleased to announce special interim dividends

The announced special interim dividends reflect the group's strong operating and financial results in 2020 and a strong balance sheet, Ferrexpo...

Shareholders approve merger of Fiat Chrysler and Peugeot

The merger was approved by 99.85% of PSA shareholders. The deal is expected to close by the end of March....

Iran's uranium enrichment up to 20% calls into question nuclear deal with Tehran - EU

A spokesman for the European Union said that Iran's transition to uranium enrichment up to 20% would be a "significant departure" from...

Natural gas prices in Europe soar to two-year highs

The main drivers of price growth were the shortage of imported liquefied gas and low temperatures....

Azerbaijan announced the start of commercial gas supplies to Europe

Azerbaijan will supply more than 10 billion cubic meters of gas to Europe annually for 25 years....

From January 1, 98% of all Ukrainian goods will have free access to the UK market

The Free Trade Agreement will significantly improve the balance and structure of bilateral trade between Ukraine and the United Kingdom....

Ferrari's first crossover to begin production in 2022

Ferrari has been developing the Purosangue model, the name of which is translated from Italian as "purebred", for the past few years....

Russia has expanded sanctions against Germany

Should the FRG authorities continue the confrontational line, Russia reserves the right to take further response measures....

Mitsubishi Heavy to build largest zero-carbon steel plant

When launched next year, the Austrian Steel Test Center will operate on hydrogen....

BMW plans to make 20% of its cars electric by 2023

Tesla's success prompted all of the world's largest automakers to invest in electric vehicles, most of which were skeptical about the future of...

European Association of Automobile Manufacturers calls UK trade deal "big relief"

European automakers are associated with the British auto industry in mutual supplies worth about 70 billion euros....

Trade agreement between UK and European Union reached

All 27 countries of the European Union must now ratify the agreement with the UK....

Gazprom to continue building Nord Stream 2 in Danish territorial waters from 15 January

The Danish Maritime Agency announced the possibility of resuming work on the construction of Nord Stream 2 from January 15, 2021....

Finnish stainless steel maker Outokumpu to fire 650 people over coronavirus

The layoffs are part of the company’s program to improve EBITDA by € 200 million and bring the net debt to EBITDA ratio below 3.0x by the end of 2022....

British airline EasyJet abandons planned purchase of 22 Airbus aircraft

British airline EasyJet has agreed with Airbus to postpone the purchase of new aircraft in order not to go bankrupt until air travel in Europe is...

Poland will receive 56 billion euros for the transformation of coal regions

A compromise reached earlier this month unlocked funds, freeing up up to 56 billion euros for Poland's transition to green environmental policies...

UK will face shortage of fresh food in the coming days

If nothing changes, the British will face a shortage of lettuce, certain types of vegetables, cauliflower, broccoli and citrus fruits in the coming...

European Commission approves car deal of the year authorizing Fiat Chrysler and Peugeot merger

The European Commission has given the green light for the merger of French parent company Opel PSA with the American Italian manufacturer Fiat...

Panic over a new strain of coronavirus could finally ditch the European aviation industry

New restrictions on air travel will deal a crushing blow to the ongoing recovery in air travel demand in Europe....

Belgium bans flights and trains from Great Britain due to new strain of coronavirus

Belgium joined the Netherlands in banning aircraft from the UK and also banned rail links to the islands....

Tesla Berlin Gigafactory construction halted again

This time, the American company "forgot" to pay the € 100 million bond required by the Brandenburg State Environmental Agency....

The European Union extended sanctions against Russia for six months

The sanctions prohibit the import and export of defense equipment and dual-use goods, and close access to the European capital market for some...

ArcelorMittal Announces Increase in European Steel Prices for the Third Time in a Month

The largest metallurgical company began accepting orders for the manufacture of metal products to order for April - May 2021 at prices 150 euros...

Panic reigns in European steel market over supply shortage

Overheating of the market could have dire consequences for distributors who buy rolled metal at inflated prices after steel prices return to normal...

Belarus suspends export of petroleum products through Lithuania

A subsidiary of the Belarusian oil company BNK has temporarily suspended the export of oil products through the Lithuanian port of Klaipeda under new...

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