Turkish President Tayyip Erdogan sacked Central Bank Governor on Saturday

Turkish President Tayyip Erdogan sacked Central Bank Governor on Saturday

The reason was a sharp collapse of the Turkish lira exchange rate and disappointment in the measures taken by the Turkish Central Bank to stabilize...

Volvo to offer customers a full range of electric trucks in 2021

Volvo to offer customers a full range of electric trucks in 2021

From a Volvo Trucks perspective, the move to greener transport is largely about keeping the haulier operators as stable as possible so that they can...

German parliament officially recognizes elections in Belarus as rigged

German parliament officially recognizes elections in Belarus as rigged

Only through massive electoral fraud could the responsible election commission declare Lukashenka the winner, who, in 2020, was illegally sworn in as...

In Europe, sales of electric vehicles overtake sales of cars with diesel engines for the first time

In Europe, sales of electric vehicles overtake sales of cars with diesel engines for the first time

Demand for electric and hybrid vehicles in the European market has exceeded the demand for diesel vehicles for the first time....

Eurofer expects recovery in EU steel demand

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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 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

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

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

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

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

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

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

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

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

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 export China-made Model 3s to Asia and Europe

Tesla plans to build 150,000 Model 3 vehicles in Shanghai this year...

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