Saturday morning in the company of LDaily and our traditional surveys of the most prominent, important and interesting events in the world of business in a week – is a great chance to start the day not only pleasantly , but also with the use. After all, the information is always an advantage, the quality information – is a confident step to success. LDaily: only what is really worth your attention.
The former management of PrivatBank will create its own company. This was on a personal page of Facebook Dmytro Dubilet – former CIO of the nationalized financial institution. Fintech Band – is the name of the new organization, which also has among the co-founders the deputy head of the bank Oleh Horokhovskyi and former head of the structural unit of Privat “Payments and Transfers” Mykhailo Rohalskyi.
According to preliminary information, the main specialization of the newly formed company will be to provide IT-services to domestic and foreign banks. “We know how to create a cool retail bank, and are ready now to share this knowledge. We will deal with such blocks as processing, CRM-system, credit cards and internet banking, “- said Dmytro.
2. Russian court declared illegal YUKOS requirements
Russia will not comply with the ECHR ruling in the case “of oil company” Yukos “. According to the decision of the Constitutional Court of the Russian Federation dated onJanuary 19, 2017 year, the implementation of the requirements of the European Court for damages to the shareholders of the liquidated enterprise in the amount of EUR 1.8 billion is not possible.
In line with the official position of the Ministry of Justice of RF, the decision of the ECHR on the 2014-year of the financial compensation to the shareholders contradict the legislation of the state, because the international court in its decision appeals to the norms of the Protection of Human Rights and Fundamental Freedoms and its Protocols, which are at variance with the Russian Constitution. Thus, there are no legal grounds for damages reparation to aggrieved shareholders by russian side.
3. Ukraine and Finland signed an agreement on energy cooperation
Ukraine has signed a memorandum of cooperation in the energy industry with Finland. About it reported the press service of Vice Prime Minister of Ukraine on Governmental Portal page. The document was signed on Tuesday, January 24th, in the framework of the official visit of the Ukrainian delegation, which included also the President of Ukraine Petro Poroshenko, to Finland.
According to Minister of Regional Development Hennadii Zubko, collaboration with foreign partners is aimed at the implementation of projects related to the development of alternative fuels and the optimization of public spending on electricity. He also said that the Memorandum provides the joint search for solutions to ensure technical issues to implement reforms. In particular, we are talking aboutinitiatives of energy efficiency Fund, whose creation process is currently ongoing, in accordance with European Union requirements.
4. “To achieve success in the electronics market in Ukraine will help the dialogue with the consumer”
Globex British company was established in 2008. At the same time it was opened an official representative office in Ukraine. Marketing Director Yevhenii Korshykov recognizes that entrance to the Ukrainian market was difficult and simple at the same time for Globex. But the right strategy has helped the company to successfully conquer the Ukrainian market with the help of high-quality automotive electronics. His position in the company Yevhenii has been taking for three years. During this time,both the company and the electronics market in the country suffered a stagnation in the sale of products, but Globex refused to lose sympathy of Ukrainian buyer, therefore undertook to carry out important changes in its policy. On how the company went to a dialogue with the consumer and why in Ukraine there are few leaders in the electronics market, Yevhenii Korshykov told in the interview for LDaily.
5. Economical annual preview Ukraine 2017: Tomas Fiala
Inflation in Ukraine in 2017 has an upward trend. Experts predict the order of 8%. With regard to the dollar – the assumption is not very comforting. All these things and more were discussed at the general meeting of the EBA Ukraine’s Business Climate-Global Outlook, which took place on January 26, 2017.
In 2017 on the world market the dollar starts to strengthen its position. But it is badly reflected on hryvnia rate, which, of course, will begin to fall again “- said in an exclusive commentary for LDaily Tomas Fiala, CEO of Dragon Capital company.
According to him, in 2017 the average annual hryvnia exchange rate will amount to 27,5-28,5 UAH / USD, and the National Bank, in turn, will not allow the national currency to rise above the level of 27. Thus, the NBU will keep the current account deficit within 3% GDP.
The Federal Aviation Administration (FAA) is set to release on Thursday, November 6, a list of the nation’s busiest airports where flight volumes will be reduced by 10% due to the ongoing federal government shutdown. FAA Administrator Brian Bedford said that “in 35 years in the aviation industry, I can’t recall a situation where we […]
Google plans to build a large artificial intelligence data processing center on the remote Christmas Island in the Indian Ocean, Reuters reports, citing reviewed documents and conversations with officials. According to military experts, such a facility would become a strategic asset on the island, which is increasingly being viewed by defense officials as a critical […]
Toyota has announced a massive recall of more than one million vehicles due to a malfunction in the rearview camera system, which may prevent the display from showing the rear view while reversing, Carscoops reports. The recall affects Toyota, Lexus, and Subaru models, including the Camry, Crown, Land Cruiser, RX, TX, LC, and the Solterra […]
Microsoft Corporation has signed a $9.7 billion deal with data centre operator IREN, which provides access to advanced Nvidia chips. This was reported by Reuters. This caused IREN’s shares to rise more than 20% on Monday, 3 November, during pre-market trading. It is noted that shares in artificial intelligence server manufacturer Dell rose 5% as […]
Romania has signed an agreement with German defence company Rheinmetall to build a powder factory. According to Prime Minister Ilie Bolojan, construction of the €535 million plant in Victoria is expected to begin in 2026, take three years to complete and create around 700 jobs. He noted that Romania will seek to finance part of […]
The second VAT rate increase in seven years, scheduled for 2026, will place Russia among the top 20 countries in the world in terms of this tax. This was announced by analysts at the Gaidar Institute. Only a few EU countries or countries belonging to the EU single market will have higher VAT rates than […]
The Council of the European Union has approved the fifth payment to Ukraine totaling over €1.8 billion under the Ukraine Facility mechanism, according to a statement published on the EU Council’s website. This amount reflects Ukraine’s successful implementation of nine steps required for the fifth tranche, as well as one outstanding step from the fourth […]
The largest oil refineries in Turkey have begun purchasing more non-Russian crude in response to the latest Western sanctions against Moscow, Reuters reports, citing sources familiar with the situation. Turkey, India, and China have been buying nearly all the crude oil exported by Russia. Seaborne shipments to China this year have remained at about 1–1.5 […]
The invention and distribution of coronavirus vaccines have made nine people billionaires. Euronews reported this with reference to the data of non-governmental organizations. “Nine new billionaires have a combined net worth of $ 19.3 billion, which is enough to fully vaccinate all people in low-income countries 1.3 times. Meanwhile, those countries have received only 0.2 […]
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Saturday morning in the company of LDaily and our traditional surveys of the most prominent, important and interesting events in the world of business in a week – is a great chance to start the day not only pleasantly , but also with the use. After all, the information is always an advantage, the quality […]
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During 5 years of its activity the HarvEast company invested 500 million UAH in the improving of soil quality (21 thous UAH was invested in each share). This was stated by the general director of the company,Dmitry Skornyakov, reports “SCM”. In addition, the company has invested 500 million UAH (20% of all investments in the […]
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Foxconn, which manufactures electronic equipment, announced that it intends to invest $ 4,65 billion in the construction of a new factory in Guyame, China, the purpose of which is to create new modern LCD screens. Legally, the new venture will own the Century Technology Fund and Guyam city in China. Percentagewise the fund receive 76% […]
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The state corporation Saudi Aramco is preparing to place dollar Eurobonds, a source in banking circles said. According to him, the company is considering the possibility of placing up to five tranches of Eurobonds: with a maturity of three years, five years, ten years, as well as thirty and / or fifty years. Starting on […]
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Shares of Starbucks recovered from losses of February and March due to the pandemic and rose by 19.7% over the past 6 months. But shares fell again after the publication of the quarterly report, which ended September 30. Starbucks revenue and profit for the 4th quarter of fiscal 2020 showed a strong jump in growth […]
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The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]
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Oil becomes cheaper due to a sharp increase of reserves in the US and an increase in the number of coronavirus cases, which has raised fears of oversupply and weakening demand. This is evidenced by the data of stock trading on the site Investing.com published on Wednesday, October 28. In particular, the price of December […]
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The founder of Tesla and SpaceX, Elon Musk, became the highest paid CEO in the United States last year, according to Forbes magazine. The publication reminds that in 2018 Musk gave up his salary at Tesla. Instead, he receives a reward in the form of options on the company’s shares. In 2020, the businessman received […]
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Apple CEO Tim Cook doubts that he will hold the post for another 10 years. He stated this in an interview published on Monday in The New York Times. Asked if he would head Apple during that time, Cook said: “Another 10 years. Probably not.” He added that now the specific time when he could […]
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The head of Fiat Chrysler officially announced about the separation of Ferrari on January, 4, 2016, during the entering the Milan stock exchange. For the first time in 47 years Ferrari gained its independence, showing up as a separate from the Fiat Chrysler company. Head of Fiat Chrysler said in an interview that Ferrari had […]
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Goldman Sachs launches Marcus Invest asset management service for investors with small capital, according to Reuters. The service will automatically invest clients’ funds in exchange-traded funds (etf) on stocks and bonds and rebalance portfolios based on models that develop the bank’s investment strategy. Historically, Goldman Sachs has offered asset management services to clients with capital […]
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The National Agency for the Detection, Investigation and Management of Corrupt Assets (ARMA) has identified Ukrtransnafta as the winner of a tender to manage the seized part of the Samara-Western Direction main oil pipeline. It is noted that only two participants took part in the competition, as competition in this market is limited. “The winner […]
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Owners of the Volkswagen ID.3 in the UK will have to pay extra to unlock the full potential of their cars, Electrek reports. On the official site, the ID.3 Pro and Pro S are listed with 201 hp, but access to the maximum 228 hp is now offered only for an additional fee. The upgrade […]
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The court satisfied the claim of the state-owned PrivatBank to Agroterminal and decided to collect UAH 1 billion in debt from it as a guarantor of Boryvazh. This is stated in the decision of the Commercial Court of Odessa region. According to court materials, PrivatBank terminated the loan agreement due to the debtor’s breach of […]
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Ukrainian company SkyUp Airlines opens new foreign routes departing from Kyiv, Lviv and Kharkiv. On Tuesdays and Fridays flights are scheduled from Kiev to Belgrade and Stockholm, on Thursdays and Sundays in Bratislava, on Wednesdays and Sundays in Amman, on Mondays and Thursdays in Colombo, on Wednesdays and Saturdays in Dubai. From Lviv on Wednesdays […]
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