Section: News & Summaries

      Cabinet of Ministers obliges companies to buy gas only from Naftogaz
      Nov10

      Cabinet of Ministers obliges companies to buy gas only from Naftogaz

      The Cabinet of Ministers of Ukraine has obliged industrial, power- and heat-generating enterprises to buy gas exclusively from Naftogaz of Ukraine from December 1, 2014. This is stated in Cabinet of Ministers resolution No. 596 of November 7. “To establish that from December 1, 2014 to February 28, 2015 industrial, power- and...

      NBU, banks agree on exchange rate of UAH 15-16 per dollar
      Nov10

      NBU, banks agree on exchange rate of UAH 15-16 per dollar

      The National Bank of Ukraine (NBU) and bankers have agreed on the equilibrium exchange rate of UAH 15-16 per U.S. dollar, the NBU’s press service has told Ukrinform. “We think and feel that we have found the equilibrium exchange rate of the hryvnia. The banks have set the hryvnia fluctuation range at a level of UAH 15-16 [per U.S....

      Russia’s VTB may move from London to China

      VTB, Russia’s No.2 bank, may delist from the London Stock Exchange (LSE) in favour of Chinese bourses as sanctions imposed in the Ukraine crisis hit its ability to raise capital in Western markets, its chief executive said. ||| Beijing – VTB, Russia’s No.2 bank, may delist from the London Stock Exchange (LSE) in favour of...

      NSDC explains why Ukraine not using combat aircraft in Donbas
      Nov10

      NSDC explains why Ukraine not using combat aircraft in Donbas

      Ukraine does not use combat aircraft in the anti-terrorist operation zone in Donbas, because it was one of the conditions of the Minsk agreements. Ukrainian National Security and Defense Council (NSDC) information and analytical center spokesman Andriy Lysenko said this at a press briefing on Monday, Ukrinform’s correspondent reported....

      East European weighs on Carlsberg’s profits

      Danish brewer Carlsberg said its third quarter net profit dipped to 2.1 billion kroner (R3.9 billion), citing falling beer sales in Russia and Eastern Europe amid challenging market conditions. ||| Copenhagen – Danish brewer Carlsberg said Monday its third quarter net profit dipped to 2.1 billion kroner (R3.9 billion), citing falling beer...

      Ukraine, Denmark to create energy center
      Nov10

      Ukraine, Denmark to create energy center

      Ukraine and Denmark are planning to create a special energy center at the Ukrainian Energy and Coal Industry Ministry. Ukrainian Foreign Minister Pavlo Klimkin said this at a joint press conference with his Danish counterpart Martin Lidegaard in Kyiv on Monday, a Ukrinform correspondent reported. “We are planning soon to sign an agreement...

      Fourth wave of mobilization now not planned – NSDC
      Nov10

      Fourth wave of mobilization now not planned – NSDC

      There is currently no need for a new wave of mobilization in Ukraine. National Security and Defense Council (NSDC) information and analytical center spokesman Andriy Lysenko said this at a briefing on Monday, Ukrinform’s correspondent reported. “There is yet no need for a fourth wave of mobilization,” Lysenko said. He said that...

      Two Ukrainian servicemen killed over past 24 hours
      Nov10

      Two Ukrainian servicemen killed over past 24 hours

      Two Ukrainian soldiers have been killed and five more have been injured in the anti-terrorist operation zone over the past 24 hours. Ukraine’s National Security and Defense Council (NSDC) spokesman Andriy Lysenko said this at a briefing in Kyiv on Monday. “Losses have been suffered due to all attacks and battles that were taken by our...

      Ukraine, Turkey intensify talks on free trade area
      Nov10

      Ukraine, Turkey intensify talks on free trade area

      Ukraine and Turkey have agreed to intensify negotiations on the creation of a free trade area. Ukrainian Foreign Minister Pavlo Klimkin said this at a joint press conference with his Turkish counterpart Mevlut Cavusoglu in Kyiv on Monday, a Ukrinform correspondent reported. “We have agreed to actively hold talks on the creation of our...

      China deal sends shares to 1-month high

      A landmark deal to give global investors easier access to China’s $3.9 trillion (R44 trillion) stock market lifted world shares to their highest in over a month on Monday, as tensions in Libya and Ukraine pushed up oil prices. ||| London – A landmark deal to give global investors easier access to China’s $3.9 trillion (R44...