Demand for electric and hybrid vehicles in the European market has exceeded the demand for diesel vehicles for the first time....
Europe
Eurofer expects recovery in EU steel demand
Apparent steel consumption in the EU fell (-25.5%) y /y in the second quarter of 2020 after falling (-12%) in the first quarter. This was the...
EU starts monitoring bioethanol to prevent spike in imports
The decision of the European Union will hit primarily American producers, which are the main suppliers of bioethanol to the European market....
France imposes a "curfew" in connection with the coronavirus pandemic
From Tuesday in Paris it will not be possible to go outside after 21-00. This will be announced during the day today....
Goldman Sachs changes its GDP growth forecast for the EU to negative values
The American Investment Bank issued a statement predicting the fall of the European Union economy by 2.3% due to a new round of the pandemic....
Japanese company to build $ 2 billion electric vehicle plant in Serbia
The plant will build electric cars with new technology that will make electric cars more affordable....
Consumption of finished metal products in Turkey increased by 27.7% in September 2020
In January - September 2020, Turkey confidently surpassed Germany in terms of steel production and came out on top in smelting in Europe....
EU will not insist on crushing tech giants
The new EU regulation stipulates that large tech companies must be fragmented if this threatens the interests of customers....
Amazon canceled Black Friday ad in France due to pandemic
The online retailer had to close some of its warehouses in France during the first lockdown in the country this spring due to clashes with trade...
Thyssenkrupp says negotiations to sell steel business have not progressed a step
Germany's largest steelmaker said it was open to negotiations to sell the business, but was not ready to enter into a deal with Britain's...
PAL-V Liberty flying car appeared on European roads
In helicopter mode, the car can accelerate to 180 km /h, although a comfortable cruising speed is 140-160 km /h....
Hydrogen plant to be built in Norway for Celsa steel plant
Hydrogen will replace fossil fuels in steelmaking to reduce CO2 emissions...
Airbus announces planned fourth quarter earnings
The French aircraft manufacturer made its announcement amid new restrictions that will be introduced in Europe due to a sharp increase in the number...
Germany to announce nationwide partial lockdown on November 2
A sharp rise in the number of coronavirus infections in Germany has put the health care system of Europe's largest economy on the brink of...
Aston Martin: Mercedes will receive a 20% stake in the luxury brand
The German carmaker has decided to launch a rescue operation for the British brand after the catastrophic Aston Martin share placement....
EU gets WTO permission to increase duties on US imports
Disputes between the EU and the US on subsidizing aircraft manufacturers have been going on since 2004....
The European Union confirms its intention to introduce a border tax on carbon emissions
The EU is confident that the issues of reducing greenhouse gas emissions are cross-border and intend to stimulate importers to switch to green...
UK government doubles steel purchases from British producers
According to the latest documents, the share of steel purchased by the government in the UK has almost doubled since last year....
European Union allocates one billion euros for the integration of electricity markets
This decision marks a decisive step in the Baltic synchronization process, in particular in a project of European strategic interest....
Rolls-Royce intends to raise three billion pounds so as not to go bankrupt
The British aerospace equipment maker has been hit hard by quarantine restrictions....
Coal prices in Europe hit a 2020 high
At the same time, steam coal imports in European countries are rapidly declining....
Tesla to build exclusive electric cars in Berlin for $ 25,000
Previously, it was believed that the American company would follow the path of reducing the cost of the Tesla Model 3 assembled in China, however,...
Nikola founder was suspected of buying a hydrogen truck project from a Croatian designer
Previously, Nikola Motor claimed that its founder personally developed the design in the basement of his own home....
Australia to help Europe diversify lithium imports
The fastest growing market in the world for the production and consumption of electric vehicles has one significant drawback - almost complete...
Tesla ditches robots in favor of the world's largest casting machine
Eight house-sized Gigapress foundries will replace hundreds of robots at the American automaker's Gigafactory in Berlin....
Europeans agreed with the Chinese not to steal other people's geographical names
Among other things, the European Union has protected Ukrainian cava and French champagne from Chinese retail chains....
Tesla plans to export China-made Model 3s to Asia and Europe
Tesla plans to build 150,000 Model 3 vehicles in Shanghai this year...
UK to lose over £ 18bn due to Huawei sanctions
The Chinese company said that the US administration had a direct impact on the UK economy, ending UK leadership in 5G....
German politicians increased pressure on Merkel demanding sanctions against the Nord Stream 2 gas pipeline
German politicians question the safety of the Russian gas project following suspicions of Navalny's poisoning....
Merkel will not be able to refuse to implement the project "Nord Stream 2" - Bloomberg
Berlin's resolve is influenced by open US hostility towards the pipeline and the potential compensation that will have to be paid to the...