Section: News & Summaries

      Naftogaz reports annual net income of UAH 112 bln according to published financial statements
      Mar29

      Naftogaz reports annual net income of UAH 112 bln according to published financial statements

      National Joint Stock Company Naftogaz of Ukraine has reported a net income of UAH 112.76 billion for 2015, which is higher by 51% than in the previous year, according to financial statements posted on the company`s website.Gross profit of Naftogaz in 2015 amounted to UAH 12.5 billion against a loss of UAH 11 billion in 2014. However, the...

      Militant attacks on ATO forces increase, hot spot still in Avdiyivka
      Mar29

      Militant attacks on ATO forces increase, hot spot still in Avdiyivka

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 72 times in the past 24 hours, using banned weapons, according to press center of the Anti-Terrorist Operation (ATO).”The situation was most tense in the Donetsk sector, namely in the town of Avdiyivka. The militants attacked our positions 21 times there,...

      Sakvarelidze dismissed from PGO
      Mar29

      Sakvarelidze dismissed from PGO

      Deputy Prosecutor General Davit Sakvaralidze has been dismissed from the prosecution bodies, as well as brought to disciplinary responsibility for the ”gross violation of prosecutorial ethics,” according to a message on the Prosecutor General`s Office (PGO) website. ”Deputy Prosecutor General Davit Sakvaralidze has been dismissed from the...

      Prosecutor General Shokin sacked by Rada
      Mar29

      Prosecutor General Shokin sacked by Rada

      The Verkhovna Rada of Ukraine voted to grant consent to the dismissal by President Petro Poroshenko of Prosecutor General Viktor Shokin (Resolution No.4122). The move was supported by 289 Members of Parliament, according to an UaPosition correspondent. Introducing the draft resolution, the representative of the president in parliament Stepan...

      Oil prices fall as concerns rise over rally petering out
      Mar29

      Oil prices fall as concerns rise over rally petering out

      Oil prices fell on Tuesday as concerns mount that a rally since January is fizzling out, while analysts forecast another rise to record levels for U.S. crude stockpiles, Reuters reported.U.S. oil CLc1 was down 30 cents at $39.09 a barrel at 0553 GMT, after finishing down 7 cents at $39.39, the previous session, according to Reuters.Brent LCOc1...

      Huge blaze hits UAE residential towers: BBC
      Mar29

      Huge blaze hits UAE residential towers: BBC

      A large fire has hit at least two residential towers in the United Arab Emirates, in the third such incident in a little more than a year, BBC News reports.The fire struck one tower in Ajman emirate, north of Dubai, before spreading to an adjacent block, according to BBC News.Residents were evacuated, but several have reportedly been treated for...

      Poroshenko: Ukraine could count on $4 bln from U.S., IMF in case Cabinet operating – media
      Mar29

      Poroshenko: Ukraine could count on $4 bln from U.S., IMF in case Cabinet operating – media

      If there were an operating Cabinet of Ministers in Ukraine, the country could expect to receive $1 billion in U.S. loan guarantees and a $3 billion loan from the International Monetary Fund, according to Petro Poroshenko who spoke at the BPP faction meeting Monday, RBC Ukraine reported citing several participants of the meeting.”If there were an...

      Hijacked airplane lands in Larnaca
      Mar29

      Hijacked airplane lands in Larnaca

      A plane landed at Larnaca airport at 8:50 which has been reportedly hijacked after taking off from an airport in Egypt, a police spokesman said, Cyprus Mail daily newspaper reported. One armed hijacker took control of the Airbus A320 at 8:30, police spokesman Andreas Angelides said, according to the report.Reuters reported that the airplane was...

      U.S. allocates another $20 mln for EU to tackle migration crisis
      Mar29

      U.S. allocates another $20 mln for EU to tackle migration crisis

      The new funding brings the total U.S. humanitarian assistance for the regional response to the refugee and migrant crisis to nearly $44 million since the start of the crisis last year, according to a statement by the U.S. Department of State.”Funding announced today will allow UNHCR to provide emergency and life-saving assistance for refugees and...

      U.S. succeeds in cracking Apple`s iPhone, drops legal action
      Mar29

      U.S. succeeds in cracking Apple`s iPhone, drops legal action

      The U.S. Justice Department said on Monday it had succeeded in unlocking an iPhone used by one of the San Bernardino shooters and dropped its legal case against Apple, ending a high-stakes legal battle but leaving the broader struggle over encryption unresolved, according to Reuters.The abrupt end to a confrontation that had transfixed the tech...