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German automotive industry holds out and defies forecasts
The German automotive sector has recovered remarkably well since the end of the pandemic, with exports showing particularly robust growth for car manufacturers. The German automotive industry is a global beacon of excellence, renowned for its unparalleled engineering...
China promises investment in Sierra Leone
Chinese President Xi Jinping has promised to encourage Chinese companies to invest in mineral-rich but economically struggling Sierra Leone as part of Beijing's long-term commitment to deepen economic and political ties with Africa. China has always regarded...
EU allocates USD 400 million for Italian green hydrogen hub
The European Commission will provide funding of up to €370m ($401.8m) to support the development of a green hydrogen hub in Italy aimed at decarbonising the steel industry. Energy companies Edison and Saipem, together with green investment manager Sosteneo SGR, saw...
Iron ore: bearish demand expectations put a strain on prices
Iron ore prices, long resilient despite China's gloomy economic outlook, tumbled after the end of the Lunar New Year festivities, triggering concerns about falling demand and denting the mining stocks of leading producer Australia. Prices have fallen nearly eight per...