Elon Musk, an American businessman, founder and head of Tesla and SpaceX, dropped from second to third place in the ranking of the richest people on the planet according to Bloomberg.
The entrepreneur’s fortune is estimated at 160.6 billion dollars, while at the end of February it was 183 billion.
According to the agency, Musk lost more than 20 billion due to a decline in the value of shares of electric carmaker Tesla, whose capitalization has fallen by almost 20% over the past two months.
Thus, the head of Amazon Jeff Bezos with a fortune of 190 billion dollars head the ranking of the richest people in the world. In second place – CEO of the French group of companies LVMH (Louis Vuitton Moet Hennessy) Bernard Arnault with a fortune of 161.2 billion.
Exports of goods accounts for a third of Ukraine’s GDP.But we sell primarily raw materials abroad. It is a marker of underdeveloped countries and a path that does not contribute to economic development. Our state’s strategic task is to increase the exports of high-tech goods with high added value: that is, not just to grow […]
Next year, Ukraine may face a number of macroeconomic risks that will greatly affect economic growth. The Ministry of Finance listed these risks. In particular, Ukraine may lose 0.6-0.8 percentage points of GDP growth due to too low grain yields, due to which the budget will not receive UAH 8.5 billion. At the same time, […]
The low-cost airline Ryanair plans to expand in Ukraine if the open skies agreement with the EU is approved in the coming months. CEO Michael O’Leary stated this. O’Leary predicts the signing of an agreement between Ukraine and the EU by the end of 2021. “One of the markets I would single out is Ukraine. […]
Ukraine plans to privatize 737 state-owned enterprises during 2021-2023. The Ministry of Economy published the list of objects for sale. Although some companies will be able to sell only after the amendments to the legislation. In particular, such large enterprises as Centerenergo, the United Mining and Chemical Company, Turboatom, the Zaporizhia Titanium and Magnesium Plant, […]
Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]
The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]
September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects. In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]
The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]
The Cargill chances to prove the legitimacy of the withdrawal of assets from the Delta Bank in the amount of 2.5 billion USD are reducing. Yesterday, the Supreme Commercial Court partially satisfied the cassation of the liquidator Delta Bank, canceled the previous court decisions on the loan company “Yablunevyi dar” and returned the case in […]Next
Shares of the British-Swedish pharmaceutical company AstraZeneca on the London Stock Exchange (LSE) are down 1.69% after reports of stopping trials of the corona virus vaccine, according to trading platform data. Securities lost 1.69% in value, dropping to 82.07 pounds sterling. The basic index of the British stock market FTSE 100 on Wednesday traded in […]Next
Ukrainian banks have already issued UAH 8 billion in available loans under the “5-7-9” program. This was announced by Finance Minister Serhiy Marchenko on the talk show “Freedom of Speech of Savik Shuster”. “Today, 80 coins from the hryvnia loans are provided under the program of ” 5-7-9 “. UAH 8 billion and 3,000 loans […]Next
Tesla Inc. of Elon Musk will export Model 3 electric cars made in China to Europe. This was reported by the Interfax-Ukraine news agency with reference to the company’s statement. The first batch of 7,000 cars will be shipped from the port of Shanghai on October 27. They are expected to reach the Belgian port […]Next
March, 14 Kyiv District Administrative Court declared illegal inactivity of the regulator in relation to the “Ukrgazprombank”, which was declared insolvent in 2015, and now goes into liquidation. The lawsuit was filed by one of the contributors of the Ukrgazprombank – “Trading House Sanko” LLC , writes the FinClub. In August 2014 the company has […]Next
Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index. Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to […]Next
Analytical Internet edition Ars Technica has published an updated list of representatives of IT-business, who will be under the threat of extinction in the new 2017 year. At this time, the list is made up of 7 contenders. Among them are: the social network Twitter, the search engine Yahoo, Messenger Yik Yak, medical startup Theranos, […]Next
At the end of 2015 between UniCredit Leasing and GREENSTONE group was signed an agreement for more than $ 1.5 million. According to the agreement, The GREENSTONE will fulfill the obligations of Creative with respect to leasing trucks, agricultural vehicles and passenger cars. The agreement with UniCredit Leasing involves the renewal of the lease and […]Next
Against the background of recent events, the issue of nationalization of enterprises in Ukraine is currently discussed with enviable activity. Even those citizens for whom this issue is not a subject of personal interest, were involved in some sort of discourse on the advantages and disadvantages of this process. What is the sense of nationalization, […]Next
According to Finance.ua, there is a good opportunity to extend the limits of Ukrainian financing system. The Ukrainian government provision has come into force. The financial transaction sanctions with Iran banks were cancelled by the resolution of the Ukrainian government. Oleh Churyi, the deputy head of NBU, admitted that National Bank of Ukraine would implement […]Next
Investors will build a plant for processing oil in Sumy region. This was discussed during the meeting of the regional state administration Mykola Klochko and a director of investors company, representative of the Azerbaijani diaspora, Elin Aliyev. “Sumy has a considerable agro-industrial potential and prerequisites for the development of the processing industry. We are interested […]Next
Considering features of construction business of Ukraine, investors often come up against a situation when the builder isn’t able to fulfil properly the liabilities – whether it be a delay of the termination of a construction or “frost” of an object. As a rule, the majority of cases with liabilities execution suspension by the builder […]Next
The director of a large state enterprise telecommunications, China Telecom was accused by the Chinese government in corruption. In particular, the government accuses the CEO Chang Xiao Bin in the “global misconduct of the party”, – reported on the website of the Chinese government. The Central Disciplinary Commission opened an investigation into the case. It […]Next
This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle. Food scandal confused the investors […]Next
The net loss of the German chemical and pharmaceutical concern Bayer AG in the first half of 2020 amounted to 8.059 billion euros against profit a year earlier, according to the company’s reports. The loss in terms of the share was 8.2 euros versus 1.68 euros in profit a year earlier. Revenues decreased with 0,3% […]Next
Following the results of October 2016 Ukraine has remained beyond limits top-10 of the largest global manufacturers of steel. According to world steel association, the Ukrainian metallurgists made 1,93 million tonnes that are 6,1% less, than the previous year. However, it is slightly better than the result of September 2016.Italy again forced Ukraine from top-10 […]Next