This week the European Union imposed preliminary anti-dumping duties on Turkish hot rolled steel, which caused extreme resentment among Turkish...
Europe
ArcelorMittal increases prices for coiled steel again in the EU and immediately by 30 euros per ton
In Europe, the shortage of rolled steel continues to grow, according to market participants, some plants are accepting applications as early as...
Airbus aircraft sales exceed analysts' wildest forecasts for 2020
The French company delivered 566 aircraft to its customers in 2020, up from 768 aircraft in 2019. But no one thought there would be so many....
London state of emergency over threat of hospital overcrowding
The Mayor of London has declared an emergency in the British capital due to the threat of overcrowding in hospitals due to the coronavirus and a...
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...
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....