LDaily prepared the short overview of latest news in the sphere of business and finance for last week for the readers. If you missed something, it would a good opportunity to correct it.
A shoppy talk with the deputy business ombudsman of Ukraine about institution value and the main problem issues. To what do Ukrainians claim the most? In what occasions does appeal to business ombudsman Council not to help? LDaily conversation with Yaroslav Gregirchak, the deputy business ombudsman, who delicately and professionally classified Ukrainian business problems on components.
Illich iron and steel works of Mariupol is located in the territory of Donetsk region will increase steel output through investments in enterprise technical modernization. Amounts of capital investments will sum 150 million dollars and will be direct on a new steel moulding machine building.
An authority provides Searches and checking in Ukrainian enterprises. Mass media has informed twice about SSU representatives intervention in some companies activity during the whole day. On the 25th of November 2016 the Gulliver Shopping Mall work was stopped by the State service. Such actions direct on inquiry conducting case about funds misappropriation of Mykhailovsky liquidated bank by Viktor Polishchuk who is a former shareholder. The second case falls within the main department of the one of the biggest TIS terminal group. By the information of local informational resources, SSU representatives arrived at the territory of dry freight deck in Odessa region. For the time being, searches are provided here. By the eyewitnesses, SSU representatives don’t permit the company lawyers to enter in the enterprise.
On 23rd of November 2016 the Cabinet of Minister’s representatives has reported the results in the sphere of business simplification in Ukraine . According to a report, 367 regulatory legal acts have been cancelled. It concerns a law system, notary service payment mechanism for the legal entities, agricultural sector, standard assessment calculation procedures of the land plots, oil and gas accumulations development rules. These changes give an opportunity to Ukrainian entrepreneurs spreading their capabilities and get lost of excessive control from the state.
The European Commission has fined MAN, Daimler, DAF, Iveco and Volvo/Renault Companies in the amount of 2,93 billion euros for price plot. The press service department reported about it.
According to European anti-monopoly authority decision, the producers have been in the plot for a long time. It inflicted damage to the European cargo market. There was mentioned in the decision text that approximately 30 million cargo cars had been registered on the EU territory. 9 of 10 cars belong to mentioned above brand marks.
Read also: Important events in the business world for a week
U.S.-based company Axiom Space, which supplies spacesuits for lunar missions for NASA and is building a successor to the International Space Station, has raised $350 million in new funding. This was reported by CNBC. The funding round was led by Qatar’s sovereign wealth fund and Type One Ventures, with participation from Hungarian IT company 4iG […]
Saudi Arabia’s Midad Energy may acquire all foreign assets of the Russian oil company Lukoil, which has come under U.S. sanctions. This was reported by Reuters, citing sources. According to the report, a preliminary agreement of intent was signed in late January amid what sources described as “intense competition with rivals.” Midad Energy has agreed […]
Against the backdrop of sanctions and mounting economic problems, companies in Russia have begun reporting losses on a massive scale. From January to November 2025, 18,200 organizations posted losses totaling a record 7.5 trillion rubles, according to Russian media citing data from Rosstat. For comparison, business losses amounted to 7 trillion rubles over the same […]
The United States is actively increasing corn exports and strengthening its position in key markets — particularly in the European Union — gradually displacing Ukraine. This was stated by Viktoriia Blazhko, Head of Editorial Content and Analytics at ASAP Agri, in a comment to Latifundist.com. Between the 2023/24 and 2024/25 seasons, the United States increased […]
Countries of OPEC+ are planning to resume boosting oil production as early as April, according to Reuters, citing three sources within the oil cartel. According to the sources, the decision will be discussed ahead of the OPEC+ meeting on March 1, involving Saudi Arabia, Russia, United Arab Emirates, Kazakhstan, Kuwait, Iraq, Algeria, and Oman.The move […]
Ukrainian companies have received the first permits to export weapons. This was announced by Rustem Umerov, Secretary of the National Security and Defense Council of Ukraine. He recalled that controlled arms exports are about both national security and the development of Ukraine’s defense industry, opening the door to new security alliances and expanded international partnerships. […]
Основний продукт OpenAI, чат-бот ChatGPT, знову демонструє стабільне зростання аудиторії, перевищуючи 10% за місяць. Як повідомляє CNBC, про це співробітникам компанії повідомив генеральний директор OpenAI Сем Альтман. За його словами, наразі ChatGPT щотижня використовують понад 800 млн людей, а вже цього тижня компанія планує запустити нову модель чат-бота. Окремо Альтман відзначив вибухове зростання Codex – інструменту OpenAI […]
Стрімке зростання ринку штучного інтелекту дедалі частіше оголює несподівані “вузькі місця” у глобальних виробничих ланцюгах. Одним із таких обмежень виявилося спеціалізоване скловолокно для напівпровідникової промисловості, без якого неможливе масштабне виробництво сучасних ШВ-чипів. Як з’ясувалося у розслідуванні The Wall Street Journal, матеріал потрібної якості фактично постачає лише одна компанія у світі – японська Nittobo. Історично Nittobo працювала з […]
Ukraine plans to attract $ 5 billion in investments this year. Deputy Minister of Economic Development Iryna Novikova stated this at the Ukraine 30 business forum. The Ministry of Economy believes that this amount of investment will be able to attract thanks to concessions, support for large investment projects and industrial parks. Thus, Novikova noted […]
Next
The company Walmart continues to follow the advanced technology in the field of e-commerce and delivery. Walmart has partnered with three drone manufacturers: Flytrex, Zipline and DroneUp, as well as with the large American network of clinical laboratories Quest Diagnostics. According to the company, DroneUp drones have already made 57 flights with the average time […]
Next
Shares of the American company Facebook rose 4.18% to $ 355.64 at the end of trading on Monday, June 28, and amounted to 1.008 trillion dollars in total value of the company. The sharp jump in quotations is due to a court decision that rejected the antitrust lawsuit of the US Federal Trade Commission. This […]
Next
If re-rigid quarantine is introduced, the Ukrainian economy will lose three times less than during the spring lockdown. This was stated on ICTV by the adviser to the head of the President’s Office Tymofiy Milovanov. According to him, the second lockdown will be easier, because during this time the economy has adapted to the conditions […]
Next
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 […]
Next
Romania has approved a decree allowing the government to take state control of the assets of Russia’s Lukoil due to sanctions, Reuters reports. The Romanian government has now obtained the right to appoint special administrators for companies under international sanctions if their activities threaten energy security, cause price spikes, or disrupt the functioning of economic […]
Next
The Government of Canada and, directly, the municipality of the largest city Toronto will help to improve automotive industry Honda. This information is provided by investment portal InVenture Ukraine. It is known that the forward Japanese manufacturer of motorcycles and automobiles will invest in their businesses in the central Canadian provinces – Ontario (Mr. Elliston) […]
Next
Last working week, the National Bank, as in the previous five weeks, did not buy or sell currency on the interbank market. This is evidenced by NBU data. In total, since the beginning of the year, the regulator has bought $ 290.5 million on the interbank market and sold $ 70 million. In 2020, the […]
Next
Facebook founder and CEO Mark Zuckerberg is considering how to reduce the amount of political content in the social media news feed. “People don’t want politics and the struggle to dominate while using the social network,” Zuckerberg said. According to him, the company will forever stop the recommendations of groups dealing with political issues. Earlier, […]
Next
On Wednesday, August 18, Ukrspetsexport signed a framework contract with the Turkish THK Teknik A.Ş. to establish a repair base for Mi-17 helicopters in Turkey. According to Ukroboronprom, the document was signed during the international exhibition of the defense industry IDEF-2021. The contract provides for the repair of equipment of Turkish customers and the execution […]
Next
Shares of Nvidia, which rose on 109.7% since the beginning of the year, reached a new high record on Monday, as a result, Nvidia’s capitalization market for the first time exceeded $ 300 billion, it is significantly higher than the estimated market of Intel in $ 210 billion. Wall Street experts said that Nvidia was […]
Next
Porsche is going through one of its toughest periods in recent years — the company’s profit plummeted by 99%, while the brand prepares to end production of three internal combustion engine models, including the popular Macan crossover, Carscoops reports. The current gasoline-powered Macan will remain in production until mid-2026 and will continue to be sold […]
Next
By the information of Interfax-Ukraine, the state Oschadbank and the European Bank for Reconstruction and Development have signed the memorandum of the association about corporate management state bank support on the 25th of November 2016. The parties also have concluded the memorandum about supporting of 50 million euros due to a trade financing program. As […]
Next
The London Court of International Arbitration upends the long-term dispute between the Arricano Real Estate and Stockman Interhold in respect of ownership of the Sky Mall shopping center. For a long time the conflict over the asset has been one of the most high-profile cases and negative in the sphere of development of Ukraine. May […]
Next
Shares of Dell Technologies rose after the company released results for the second quarter of fiscal 2021, which ended July 31 this year. Since the beginning of the year, shares of Dell Technologies have risen by about 21.5% compared to the growth of the S&P 500 by 7.85%. Dell reported a decrease in earnings per […]
Next
The investment project of the company with US capital Cargill of about $ 90-100 million is blocked. Alexander Kramarenko, the chief editor of the “Money” magazine, told about this in his blog “By what Ukraine scares foreign investors”. “Delta Bank and Cargill”. Cargill is an agricultural business with a century and a half of history, […]
Next
