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Monday, October 6, 2025

Volvo to write off $1.19bn due to problems with EX90 and ES90

Swedish carmaker Volvo Cars will record a one-off write-down of SEK11.4bn ($1.19bn) in the second quarter as it revises its outlook for the launch...

Azerbaijan reduced gas exports by 4.7% to 12.1 bcm.

Azerbaijan exported 12.1 billion cubic metres of gas in January-June 2025, the operational data of the Republic's Energy Ministry says. "In particular, 6.1 billion cubic...

Trump announced 30% duties on imports from the EU and Mexico from August 2025

The United States of America will impose 30 per cent tariffs on goods from the European Union and Mexico shipped to the United States...

CityFibre raises $3bn for network expansion and mergers

UK broadband provider CityFibre has raised £2.26bn ($3.04bn) in funding from current shareholders and lenders. The company said the funds will be used to expand...

Kazakhstan reduced oil exports to Germany by 1.4 times

The volume of transportation of Kazakh oil to Germany by the system of oil pipeline "Druzhba" in June this year amounted to 160 thousand...

China exports up 5.8 per cent in June, imports up for first time in a year

The volume of Chinese exports in June increased by 5.8% year-on-year to $325.2bn, the General Administration of Customs of the People's Republic of China...

Trump imposes 50% tariff on copper imports from August

US President Donald Trump has announced a 50% tariff on copper imports from 1 August this year. "After receiving a credible national security assessment, I...

How the world’s chicken population has grown over the past 30 years

In recent decades, poultry farming has become the most dynamic and widespread livestock production in the world. Chickens, the industry's mainstay, have grown far...

Consumption of rolled metal products in Ukraine grew by 12%

Ukrainian enterprises in January-June this year increased their consumption of rolled steel by 11.65% year-on-year to 1 million 938.7 thousand tonnes. According to a press...

Kazakhstan plans to ban exports of non-ferrous metals

Kazakhstan plans to introduce a ban on the export of non-ferrous metals by all types of transport for a period until 31 December 2025,...
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