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The import duties on aluminum imported by the USA have not yet significantly affected the producers of this metal in Europe, The Wall Street Journal writes. For a long time, aluminum consumed in the United States accounted for the bulk of imports. In 2017, it was 61%, according to data from the Geological Survey of the country. A spokeswoman for the Norwegian aluminum manufacturer Norsk Hydro, Halvor Molland, said that the tariffs introduced did not have a significant impact on the company's business. The same opinion was expressed by Christian Wellner, a member of the board of the German Aluminum Association GDA. According to the LME, over the past year, world prices for aluminum have decreased by 7%, and the premium to its price on the London Metal Exchange has doubled due to fees, US demand growth and market risks.
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
Gold prices traded lower in Asia on Friday morning amid hopes for COVID-19 vaccines from the U.S. and U.K. bolstered investor appetite. Sentiment was further boosted with the European Central Bank (ECB) signaling that it may leave interest ...
Alphabet Inc.’s Google (GOOGL) said on Monday that it would not use Fitbit Inc.’s (FIT) health data to target advertisements in an attempt to address the European Union’s antitrust concerns about its proposed acquisition ...
On Monday, German payment service provider Wirecard (WDI) said that the 1.9 billion Euros ($2.1 billion), which were supposed to be held in two accounts, probably do not exist. "The Management Board of Wirecard assesses on the basis of further ...
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