From 1 January in the UK must earn the mechanism of compensation of losses to the cardholders who have suffered fraud on their savings....
Europe
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The European Commission supported the initiative of the EIB to stop financing coal and gas
the European investment Bank to stop financing projects in the field of fossil fuels at the end of 2021....
The European investment Bank ceases to Fund projects associated with coal, oil and gas
the EIB said about the transition from receiving energy from fossil sources to renewable, hydrogen, other resources....
Mercedes is planning massive layoffs due to new environmental regulations
Manufacturer of luxury cars Mercedes-Benz plans to cut at least 1,000 jobs at its plants next year....
European Association of steel can block the sale of British Steel to the Chinese
EUROFER intends to complain to the European Commission on "violation of the rules of fair competition" by China Jingye....
Tesla will build its first European plant in Berlin
Elon Musk revealed that he will patroit new plant in Berlin, near the new airport, which will produce batteries and a new model of Y....
Stops ArcelorMittal steel plant in Poland
ArcelorMittal Poland informs that it has temporarily stop the part of the Krakow steel plant because of the situation on the market....
Italy does not want the nationalization of the steel plant in Taranto
the Italian Government expects to solve the problem of the failure of ArcelorMittal from the acquisition of assets ILVA "market way"....
The EU approved mechanism for sanctions against Turkey
the New sanctions include a ban on entering the EU and freezing of accounts. But while "blacklist" is empty....
The Chinese have promised to invest in British Steel's 1.5 billion dollar
the Chairman of the group Jingye Li Ganpo said that in the next decade will spend 1.2 billion pounds to upgrade equipment, the second largest steel...
The operator "Nord stream - 2" has filed a lawsuit against the European Union
Claim Nord Stream 2 AG against the European Union based on the fact that the EU's decision on amendments to the gas Directive are discriminatory to...
Voestalpine commencement of commercial production of "green" hydrogen in Linz
the Largest steel company in Austria, Voestalpine, as a pioneer in the field of environmental protection, consistent long-term strategy of...
Jingye Group has agreed to buy British Steel for 70 million pounds
China metallurgical group will become the second largest steel mill in the UK for 70 million pounds....
The Chinese company will buy British Steel in the coming days: every day of delay costs 1 million pounds
the UK Government refusing to grant credit British Steel 30 million pounds already paid more than 170 million pounds for the consequences of such...
From the Prime Minister of Italy in Taranto required to close ILVA steel plant
Prime Minister of Italy, Giuseppe Conte in Taranto were met by the citizens, demanding the immediate closure of the metallurgical plant ILVA owned...
Manufacturer of wind turbines Vestas increased its net profit by 55%
the Fight against climate change, fueled the demand for renewable energy sources, has boosted the revenue growth of one of the world's largest...
Finnish Outokumpu became the largest producer of steel in the world
the Company opened a new mill in Sweden, whose power has enabled Outokumpu to assert his leadership in the production of stainless steel....
The IMF has lowered its growth forecast for the EU economy
Growth in Europe will decline from 2.3 per cent in 2018 to 1.4 per cent in 2019, according to a new report by the Fund....
Voestalpine reported a sharp reduction in income
the Largest steel company of Austria reported that its operating profit in the first half of 2019 – 2020 has decreased by more than 50%....
The Prime Minister of Italy has said it will not allow ArcelorMittal to flee the country
ArcelorMittal, the world's largest steel producer, said on Monday that he refused from the deal to buy Europe's largest steel plant Ilva in the...
The judges from Uruguay, Chile and the Philippines rassmatrivajut the claim of the EU against the USA
the European Union has started a legal battle against the United States in the world trade organization over tariffs on steel introduced by Donald...
Volkswagen launched the production of electric vehicles costing less than 30,000 euros
ID.3 has already received 35,000 orders from different countries. Customers in Europe will begin receiving the electric car in the summer of 2020....
ArcelorMittal refused to buy the plant ILVA in Italy
Removing the legal immunity of heads of steel and attracting them to criminal liability for air pollution in Taranto was the reason for the failure...
The Brits are terribly worried about the possible sale Britih Steel Chinese
British prejudices can impede the transaction saving more than 5,000 jobs and a city in the North of England....
Tata Steel decided to compete with SSAB in the wear-resistant steel market
The Indian company will present in Stuttgart a direct contract for the most popular wear-resistant Hardox® 450 steel grade in Europe....
Steel prices in Europe fell to an annual minimum
the Difference in price of finished steel and raw materials in Europe fell below 250 euros per ton, which makes manufacturers to cut investments and...
Trade of steel will be the core of the German company Thyssenkrupp
German steel and engineering company Thyssenkrupp intends to stay only metallurgical, considering it the most advantageous direction in the future....
Seeing Jean-Claude Juncker from the post of President of the European Commission again postponed
European Commission President said that he was tired and looked forward to this day after five grueling years of work....
Bombardier sells the company produces wings for Airbus
American Spirt AeroSystems is on the verge of the transaction, and the announcement of the sale may appear today....
Eurofer expects demand for steel in the EU by 3.1% and sees no bottom
in the second quarter of 2019 the problems faced by the steel sector of the EU, have become more serious, with even more negative consequences for...
