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Global smartphone market shrinks almost 9% in 2020 – report

The steepest decline was registered in the first three months of 2020, when global smartphone shipments declined around 20 percent year-on-year. The market also saw a double digit drop in the second quarter of the year. The decline narrowed to single digits in the July-September period, before the market finally …

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Why India is the most exciting renewable market in the world

While much of the world is seeing energy demand take a dive thanks to the economic and industrial slowdown spurred by the novel coronavirus pandemic, India has been making great strides to get more people connected to the grid than ever. Historically, much of the Indian subcontinent’s rural populations had …

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The US pushed Russia on the oil market of Europe

USA this month has increased the supply of oil to Europe, displacing traditional local varieties of processors, including Russian Urals, records Reuters citing traders. According monitor traffic Refinitiv Eikon, shipment of oil from the U.S. to Europe in July grew for the first time since the inception of the agreement …

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In Russia, the market collapsed buildings

The market in Russia collapsed last month almost twice — Rosreestr registered in the country only 35,5 thousand contracts of a joint construction (DDU) vs 66.3 thousand POS in the same period last year. Sales of secondary habitation in Russia has decreased in may by 22% yoy to 182.7 thousand …

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Auf Wiedersehen: “AVTOVAZ” has left the EU market

Lada Russian auto giant “AVTOVAZ” has left the EU market because of stricter environmental standards on emissions. This “Газете.Ru” said a European General distributor Lada, and confirmed in the company “AVTOVAZ”. Financial losses from the loss of the European market is insignificant for “AVTOVAZ”, but much more tangible reputational loss …

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