Industry

The new rating places Volvo Cars one step below an investment grade rating.

A multipurpose automated assembly line producing tractor cabs for the powerful Kirovets tractors was launched in April at the Peterburgsky Traktorny Zavod.

MTU Series 4000 engines for naval vessels will be assembled at Diesel Engine Plant in Ranchi Agreement deepens long-standing co-operation between MTU and Garden Reach Shipbuilders & Engineers

The Board of Glencore plc announces the appointment of Martin Gilbert as an Independent Non-Executive Director of the Company with immediate effect.

ABB provides the largest installation of gas-insulated switchgear (GIS) in Africa to enhance power reliability in Johannesburg.

Image: i.imgur.com Global gold demand in Q1 2017 was 1,034.5t. The 18% year-on-year decline suffers from the comparison with Q1 2016, which was the strongest ever first quarter.

Installation of a key element for the Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery is now complete.

China National Chemical Corporation (ChemChina) today announced the provisional interim results for ChemChina’s offer to acquire Syngenta.

US independent producer Encana said it expects its natural gas production to receive a significant boost in the fourth quarter of 2017, when two new gas processing plants in Canada's Montney shale come online.

It has begun the struggle with speculators in the "ERA-GLONASS" market.

Avon Products, Inc. (NYSE: AVP), a globally recognized leader in direct selling of beauty and related products, today announced its results for the quarter ended March 31, 2017. 

In January-March of 2017, the volume of the Russian market of new motorcycles was only 675 units, which is worse by 36% than the indicator of January-March of 2016 (1054 units).

Russian dealers of Jeep increased sales by 32% to 144 cars in April. For the first four months of 2017, Jeep sales in Russia were 521 cars, which is more by 13% than in the same period of the last year.

 

The key element of this campaign was an advertisement featuring virtuoso vocal impersonator Daniel Jovanov, famous for his unique ability to reproduce exactly the sounds of various car engines.