What are you looking for:
Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... everyday goods spending—a key indicator of the health of the global consumer sector.
Volkswagen AG
– Europe’s largest car manufacturer faced serious difficulties. According to half-year results, Volkswagen’s operating profit in Q2 fell by more than 29% YoY (to ~€2.3 billion), and net profit declined by 36%. The main reasons include a sales slump in the key market of China, where competition from local electric vehicles is intensifying, as well as costs resulting from American import tariffs. The company was forced ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... increasing coal use to avoid purchasing expensive gas. As a result, global coal consumption remains on a “plateau.” Analysts from the IEA expect a gradual decline in global coal demand starting in 2026, provided that the energy transition accelerates and China's economy shifts more towards gas and RES. For now, however, the coal sector is ensuring near-record levels of electricity ... ... early July was 1-2% lower than a year ago. Extreme heat in the southern states somewhat reduced the number of long-distance car trips, while remote work popularity and cost-saving measures have lowered driver mileage. Secondly, gasoline supply has increased: ...
Economic Events and Corporate Reports - Friday, July 25, 2025: EU-China Summit, CBR Rate, Durable Goods Orders (USA)
... industrial metals, while decreased profitability may reflect falling prices or rising costs (such as energy and labor).
Europe
Volkswagen AG
– Europe's largest car manufacturer (brands Volkswagen, Audi, Porsche, Škoda, etc.). The semiannual report from VW will assess the state of the automotive industry: demand for cars, especially electric vehicles, sales dynamics in key markets (including China), and profitability amid high costs. In the first half of 2025, the group faced uneven demand: an increase in interest for electric vehicles in Europe but a slowdown in sales in China due to heightened local competition. If Volkswagen reports solid ...
Lithium is not the new oil.
... for only 39% of global supply growth, with the remaining 15% coming from rare extraction methods, including lithium extraction from clay and groundwater.
The Novelty Effect is Exhausted
The diversification of extraction methods will be one of the ... ... entering the "early majority" stage. In 2023, the share of electric vehicles and plug-in hybrids in global passenger car sales was 18%, and in China, the leading country in the industry, it was 38%, according to the International Energy Agency (IEA). At the same time, ...
An expert assessed the prospects of Russian oil supplies to India.
... transportation sector, especially since India significantly lags behind China in the adoption of electric vehicles. For instance, in China, electric and plug-in hybrid vehicles accounted for 38% of new passenger cars in 2023, compared to just 2% in India.
"Another factor will be the commissioning of new refineries, which will address ... ... b/d, positively impacting Russian oil supplies," Tereshkin said.
In his opinion, Russian exporters will also benefit from the prolonged stagnation of India's oil production sector. In 2013, India's oil production stood at 921,000 b/d, compared ...