Ferrari has been developing the Purosangue model, the name of which is translated from Italian as "purebred", for the past few years....
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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...
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...
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...
EU lacks unity to impose sanctions on Turkey
Individual interests did not allow EU leaders to take decisive measures. This applies not only to measures against Turkey, but also to Belarus and...
Ukraine and Germany discussed prospects for cooperation in hydrogen energy projects
The results of the First German-Ukrainian Energy Day showed intentions to deepen practical cooperation in the energy sector....
Major European automakers will stop producing cars with internal combustion engines until 2040
Daimler, Scania, Man, Volvo, Daf, Iveco and Ford have signed a pledge to phase out traditional combustion engines by 2040....
US Secretary of State announced sanctions against Turkey over purchase of S-400 from Russia
Turkey must now "immediately resolve the issue of the S-400 in coordination with the United States," said Mike Pompeo....
UK authorities prepare for a food collapse worse than a pandemic
Supermarkets and ministers are very concerned about shopping panic. They saw what happened during the coronavirus pandemic, when people started...
Liberty Steel starts supplying environmentally friendly rails for French Railways
The rails are made from GREENSTEEL blooms produced by Liberty Ascoval and are produced with 2 CO content 90% less than conventional rails....
Thyssenkrupp says it will cost too much to support the German government
The CFO of the German concern Thyssenkrupp said that his company no longer counts on state aid through the emergency fund....
ArcelorMittal resumes steel production in Spain after strike ends
Workers protested after learning of the company's plans to increase shop floor productivity, which could lead to the loss of more than 40 jobs....
Construction of "Nord Stream-2 " resumed
Nord Stream 2 AG also announced that the barge "Fortune " has begun laying a section of the gas pipeline in German waters...
Ukraine agreed with the EU to start consultations on the revision of the Association Agreement
Official consultations on the revision of the trade part of the agreement between Ukraine and the EU will begin in 2021....
EU leaders approve plan to cut greenhouse gas emissions by 55% by 2030
A number of Eastern European states have also demanded additional funding from Brussels, as tightening climate commitments will require more than a...
