Manufactures
The company reported a much worse than analysts expected, posting a net loss of more than $2 per share. "It's only gotten worse. what we think will really worry investors is that we keep getting MORE bad news," wrote Vertical Research Partners analyst Rob Stallard. Boeing
Europe
A stake in Avtoframos plant in Moscow will be handed over to Moscow authorities. It will be a "deal for a ruble" with the option to buy back shares within 5-6 years, said Manturov. Manturov: If Moscow plant of Renault is transferred to Moscow it will not be
Manufactures
The Biden administration announced new energy efficiency rules Tuesday. They involve phasing out outdated light bulbs, which will reduce electricity consumption and reduce greenhouse gas emissions from the nation's energy sector. The Department of Energy rules, which repeal Trump administration policies, ban the sale of light bulbs that
Finance
The price of the geopolitical situation around Russia and Ukraine for foreign producers continues to rise. PepsiCo reported on problems with production in the region on Tuesday. Back in March, the company said it was ready to cut gross sales of products such as Pepsi and 7Up in Russia. But
Europe
Earlier, we quoted an ICIS analyst as saying that Polish operator PGNiG itself has stopped gas supplies. Poland is now obliged to pay for gas supplies to Russia under the new payment procedure.
Europe
Earlier, representatives of Russia said that nationalization of Russian companies would entail a mirror response.
Finance
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
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 40,
Finance
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
"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
As reported by representatives of the countries, the payment for oil is made in national currencies.
World Wide
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