Europe
Italy considers temporary nationalization of Lukoil's refinery in Sicily
Earlier, representatives of Russia said that nationalization of Russian companies would entail a mirror response.
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Finance
Tesla Shares Shocked: Quotes Fall 10%
Investors are pondering how Musk will pay for his Twitter purchases. According to Bloomberg, Musk has only $2 billion in cash. Market participants assume that Musk will have to sell Tesla stock.
Manufactures
Ford ramps up production of F-150 Lightning in pursuit of dominance in the electric pickup market
One of the largest automakers intends to become a leader in the market of mass-produced electric pickups. Ford CEO Jim Farley said the company plans to scale production faster than competitors. Ford expects to ramp up production capacity in Michigan to 150,000 units a year from the current
Finance
Britain's shrinking real incomes are beginning to affect the purchasing power of much of the country
43% of those who pay their energy bills say they will face problems because of rising costs. The same proportion said they won't be able to make savings over the next year as a result of the jump in bills. Nearly a quarter of adults, 23%, said they
Finance
Twitter's deal with Musk is good for shareholders, Republican Jim Jordan
The Republican position is justified: as Bloomberg reports, Musk's purchase of Twitter will open the door to unblocking former U.S. President Donald Trump's Twitter. In the run-up to the congressional elections, this could be very relevant.
Finance
The oil swing continues: WTI loses about 5%
Oil is falling amid a possible reduction in demand from China due to covid restrictions. Also, the quotations are affected by the general macroeconomic negativity, which may lead to a reduction in demand for oil. Also today it became known that the UAE sent the first tanker to Europe for
Finance
Polymetal is not selling gold bullion in Russia right now
"Russian banks are willing to buy gold at a slight discount to the LBMA price. Although the discount is small, Polymetal is not currently selling gold bars in Russia," the company's director said. The company's director said. Polymetal considered delisting from the LSE, but
Manufactures
Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021
As reported by representatives of the countries, the payment for oil is made in national currencies.
World Wide
We thought coal was "everything," but today coal use is at an all-time high
According to the International Energy Agency, the world produced more electricity from coal in 2021 than ever before. By 2023, total coal consumption - for power generation, steel production and other industrial purposes - is expected to rise nearly 2 percent to a record high. Why? Because it's cheap: According
Finance
Tinkoff Bank's receipts fall by 8%, losing all of last year's growth
A new driver of the decline was the sale of shares of the bank's founder Oleg Tinkov of his stake in the bank. Tinkoff Bank's receipts are also negatively affected by the drop in consumer lending, one of the key parts of the bank's
Finance
Russia senselessly tries to fine Youtube
Court fines for YouTube video hosting on Roskomnadzor's suits for failure to remove prohibited information exceeds 7 billion rubles