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World News

A collection of 760 issues

Evraz is selling its North American division and looking for a buyer, the company said

Evraz owns two steelworks in the USA and four in Canada. The company is the leader in the production of rails in North America, as well as a leading producer of sheet steel. Evraz North America also owns 18 processing plants in Canada and the United States. In its last

France lost first place among EU electricity exporters

The country is struggling with prolonged shutdowns of its fleet of nuclear power plants. Now only half of the nuclear power plants are operational. And now Sweden has taken the export throne. The new leader supplies most of the energy to Finland and Denmark.

Saving on employees: Microsoft is cutting business expenses

According to WSJ, the IT-giant will reduce the cost of employees, taking into account the difficult economic situation. Thus, payment for business trips, training and organization of meetings will be paid from employees' own pockets. Earlier Microsoft has frozen hiring in some departments of the company. It is also

Profit of container ports may break the record by 73%

According to Bloomberg, the world's largest container lines will increase their combined revenue to $256 billion in 2022. That's a 73% increase over last year. And it was a record year. Two years of economic turmoil have transformed an industry that affects about 80% of the

Pelosi's visit to Taiwan could leave the world without iPhone 14

Nancy Pelosi's visit to Taiwan could lead to the postponement of the presentation of the new iPhone 14, reports GSM ASrena. According to the publication, the only supplier of chips for Apple is the Taiwanese company TSMC, which specializes in the production of high-tech consumer products. After Pelosi&

Inflation in the EU manufacturing sector went beyond forecasts, price growth accelerated to 35.8%

The producer price index for June rose 1.1%, compared to the forecast of 1.0%. Last month's increase was about 0.5%. On an annualized basis, producer inflation was at 35.8% with a forecast of 35.7%; however, compared to last year the situation has improved

Siemens' British subsidiary is in no hurry to resolve the issue with the second broken turbine on Nord Stream, - Peskov

Schroeder met with Putin and hypothetically asked if Nord Stream 2 could be launched; the Russian Federation said it was ready to operate. If Nord Stream 2 is launched now, only half of the originally reserved gas volume would be pumped by the end of the year, the spokesman added.

Swiss regulator extends sanctions against Sberbank

FINMA has extended until September 1, 2022 the suspension of its subsidiary Sberbank Switzerland AG's obligations with respect to customer deposits and restrictions on payments and transactions. FINMA is responsible for the supervision of the financial markets. The regulator explained that the extension of the restrictions was due

China and the U.S. are in close contact

The countries communicate through various channels, the Chinese Foreign Ministry said in the context of the topic of Pelosi's possible visit to TaiwanThe beaches of Taiwan's closest province of Fujian are being mobilized with military equipment and PLA troops.

Kazakhstan government allows banks to take cash rubles abroad

Resolution on permission of the Cabinet of Ministers published in the bank of normative legal acts. "Allow the second-tier banks of the Republic of Kazakhstan to export cash Russian rubles from the Republic of Kazakhstan until August 31, 2022 within the accumulated volume in the cash offices of these