: :inin Kyiv (EET)

Section: Economy

      Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation
      Dec02

      Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation

      Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this weekэs OPEC-Russia accord on cutting output giving way to questions on the ”sticking point” of implementing the deal, according to Reuters. International Brent crude oil futures LCOc1 were trading at $53.36 per...

      Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln
      Dec02

      Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln

      The State Property Fund of Ukraine (SPF) chief Ihor Bilous said Wednesday it had sold at a second-try auction a state-owned Ukrainian Bank for Reconstruction and Development (UBRD) to China`s Bohai Commodity Exchange Co., Ltd. (BOCE). The bank was sold at a starting price as the bidding had just one participant, Bilous reported on the results of...

      4G in Ukraine: government names deadline for tender, price of licenses
      Dec01

      4G in Ukraine: government names deadline for tender, price of licenses

      The National Commission for Communications and Informatization Regulation (NCCIR) plans to have held a tender for the introduction of 4G communications technology (LTE) by October 2017, Chairman of the NCCIR Alexander Zhyvotovsky wrote on Facebook, with reference to the results of the committee meeting on Tuesday, November 29. ”The prices for...

      Russia cancels economic forum with Croatia holding grudge for Plenkovic Kyiv visit
      Dec01

      Russia cancels economic forum with Croatia holding grudge for Plenkovic Kyiv visit

      Ambassador of the Russian Federation in Croatia Anvar Azimov confirmed on Monday that the Croatian-Russian economic forum had been canceled, according to Total Croatia News citing N1. ”I have a very difficult task. I love Croatia and I deeply respect Croatia, and we will not forget that for more than 50 years Russia and the Soviet Union were one...

      Ukraine`s state debt shrinks by 0.4% in Oct, to $68.35 bln
      Dec01

      Ukraine`s state debt shrinks by 0.4% in Oct, to $68.35 bln

      The total amount of Ukraine`s state and state-guaranteed debt at the end of October 2016 was US$68.35 billion, which was 0.4% less than at the beginning of the month, according to the Ukrainian Finance Ministry`s website. The total sum of the Ukraine`s state and state-guaranteed debt in the hryvnia equivalent at the end of October amounted to UAH...

      Ukraine reports outbreak of bird flu after 8-year break
      Dec01

      Ukraine reports outbreak of bird flu after 8-year break

      Ukraine has reported an outbreak of a highly contagious bird flu virus among backyard birds in households in southern Kherson region for the first time after an eight-year break, according to the Ukrainian government. Samples taken by veterinary services from the dead birds in the village of Novo-Oleksandrivka in Kalanchatsky district after an...

      Oil prices surge, smash trading volume records as OPEC and Russia agree output cut
      Dec01

      Oil prices surge, smash trading volume records as OPEC and Russia agree output cut

      Oil prices shot up 13%, smashing trading volume records, after OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned they could remain modest by historical comparison as other producers fill the gap, according to Reuters. The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday its...

      European Court annuls part of sanctions against Putin`s friend Rotenberg. Document
      Dec01

      European Court annuls part of sanctions against Putin`s friend Rotenberg. Document

      The General Court of the European Union on November 30 declared unfounded EU sanctions against Russian businessman and President Putin`s friend Arkady Rotenberg, which were in force from July 2014 to March 2015. General Court of the European Union from Hanna Minenko ”By today`s judgement, the General Court partly upholds the action for annulment...

      Cabinet approves EIB project worth EUR 400 mln to support small and medium-sized businesses
      Dec01

      Cabinet approves EIB project worth EUR 400 mln to support small and medium-sized businesses

      The Cabinet of Ministers of Ukraine has approved the implementation of the joint project with the European Investment Bank (EIB) to support small and medium-sized businesses and companies with average capitalization levels, the loan for the implementation of which amounts to EUR 400 million. According to the website of the Ministry of Finance, it...

      Naftogaz gets state guarantees for $500 mln loan for gas purchase
      Dec01

      Naftogaz gets state guarantees for $500 mln loan for gas purchase

      The Cabinet of Ministers of Ukraine has approved the granting of state guarantees in the amount of about $500 million to Ukraine`s oil and gas giant NJSC Naftogaz of Ukraine in order to attract a World Bank loan for the purchase and pumping of natural gas in the autumn-winter period. Presenting the need for the provision of guarantees, First Vice...

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