Category: Issue
U.S. Steel Imports Surge 12% in October, Led by Finished Steel
In October 2024, U.S. steel imports saw a notable increase of 12%, reaching a total of 2.39 million net tons…
IMF Holds Global GDP Growth Forecast Amid Trade and Geopolitical Challenges
The International Monetary Fund (IMF) has maintained its global GDP growth forecast at 3.2% for both 2024 and 2025 in…
Danfoss’ Onboard Charger to Boost Electrification of Heavy-Duty Trucks in Europe
Danfoss, a global engineering leader, has developed an innovative onboard charger that is set to play a pivotal…
ECB’s Isabel Schnabel Advocates Gradual Rate Cuts Amid Inflation and Geopolitical Risks
Isabel Schnabel, a prominent member of the European Central Bank’s (ECB) Executive Board, has stated that the ECB is…
Nuclear Energy in Europe: High Costs and Financial Challenges Hindering Growth
Building new nuclear reactors in Europe remains a financially unviable proposition for most utilities due to extremely…
Stellantis Shifts Focus to Electric Vehicle Production, Closes Luton Van Plant
Stellantis, the French-Italian automotive conglomerate, is restructuring its UK operations with a strategic shift towards…
Zeren Group Strengthens Energy Position with Acquisition of Türkiye Petrolleri
Zeren Group, a diversified conglomerate, has expanded its influence in Turkey’s energy sector with the acquisition of Türkiye…
EV Transition in the Auto Industry Continues Despite Trump’s Threat to Cut Tax Credits
Despite President-elect Donald Trump’s proposal to eliminate federal tax credits for electric vehicles (EVs), the shift toward electric…
European Auto Stocks Drop as Trump Threatens Tariffs on Key Trade Partners
Shares of European automakers, including Volkswagen, Stellantis, Valeo, and BMW, experienced significant declines after U.S….
Barrick Gold Reports Copper Production Growth in Q3 Despite Annual Decline
Barrick Gold has reported a quarterly increase in copper production for Q3 2024, reaching 48,000 tonnes, an 11.6% rise…
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