LDaily has prepared for the readers the short overview of latest news in the sphere of business and finance for last week. If you missed something, you would have a good opportunity to correct it.
By the last calculations, Donald Trump has won in the USA elections. A fantastic flash of activity has happened in the USA fund market according to Republican candidate victory . Bloomberg,the analytical agency also notes that in the market of investments negative tendencies are observed at the moment : separate companies begin to take out assets abroad. Most likely, such actions are caused by an intention of the government of republicans in the nearest future to reduce amounts of international trade.
It should be noted that in some states people took to the streets in protest concerning results of the electoral race. In the city of Oakland, State of California, protesters made a series of arsons, chanting the slogan: “Not our President!»
How to create a new model of modern Ukraine, a role of innovations in management of the companies,is the corporate management effective as the key tool in change management and many other questions were discussed at the III annual Forum of directors “Conductors of changes” which took place in Kyiv on November 10, 2016.
Leaders of opinions, the Ukrainian and international experts, representatives of business and political elite hotly have discussed the subject : “How to create the effective strategy of development for the country during an era of the crisis of values”on the Forum.
Some of these days a German concern Bader GmbH, the European car seat producer, which has been working in Ukraine,has presented a new production line opening which will be started within the new created industrial complex in the territory of the Lviv region. At first hand, it is referred to cars leather seats production of the BMW and Audi brands in Ukraine. P. Poroshenko, the President of Ukraine,visited the opening of the new plant. Within an official part of an action,he mentioned warming of the investment climate in Ukraine in the last two years that, in his opinion, was a consequence of economic and political rapprochement with EU countries.
In 2017 the “CHS Ukraine” company together with partners will invests about 50 million dollars in the agro-industrial complex of Ukraine.For one, “CHS Ukraine”, Syngenta,”Galnaftogaz” give loans to an industry under a small interest rate, and also provide gasoline supplies, seeds and necessary chemicals for the handling of plants.
The NBU has blocked work of several payment service providers such as Webmoney, QIWI Wallet, “Yandex. Money” and Single purse that earlier had operated on the territory of our country.According to the text of the telegram which representatives of the National bank have distributed in a bank system activities, above-stated services for the provision of financial services hadn’t been approved with the NBU.
The NBU also made the statement concerning banks, which cooperated with the forbidden payment service providers now have to stop their use on October 19. In the case of failure to carry out of the NBU resolution, financial organisations also are threatened by sanctions.
UniCredit Group,the private holding company has finished the transaction with ABH Holdings S.A, an international financial institution concerning the transfer of 99,9% of shares of the “Ukrsotsbank”Ukrainian entity,which is providing any financial services within the Ukrainian market.
In exchange of shareholders, the UniCredit Group receives in property 9,9% of shares to its monetary share block of ABH Holdings corporation.
El Salvador was the first in the world to legalize bitcoin as an official means of payment. Such a law was passed by the country’s parliament. 62 parliamentarians supported the bill, 19 voted against, and three abstained. President Nayib Bukele intends to sign the law soon, after which it will take effect “immediately”. Thus, accepting […]
Pfizer will test its COVID vaccine in children under 12 years of age. Radio Svoboda reported this with reference to the company’s statement. The study will involve up to 4,500 children in the United States, Finland, Poland and Spain. The drug is already approved for use in emergencies for adolescents 12 years and older in […]
It takes at least 10 years to reform Ukrainian industry. President Volodymyr Zelensky stated this during the Ukraine 30 forum. “Modernization of industry, which has not taken place in Ukraine so far, will take place this time. We are talking about modernization of large industry, any, not just TPP. But do not believe those who […]
In the United States over the past 15 years, 25 billionaires have paid a much lower income tax than they should have. ProPublica based on confidential data from the US IRS published the investigation. In particular, among the 25 billionaires are Berkshire Hathaway CEO Warren Buffett, former New York Mayor Michael Bloomberg, Amazon founder Jeff […]
US President Joe Biden on Wednesday, June 9, signed a decree lifting restrictions against Chinese services TikTok and WeChat, imposed by former President Donald Trump. The press service of the White House reports. This is a decree of August 2020 on restrictions against the Chinese companies ByteDance and Tencent, which own the video service TikTok […]
The company, which was boosted by the coronavirus pandemic, continues to grow customers despite declining video conferencing. From February to April, 497 thousand organizations bought the premium version of Zoom, which is almost 30 thousand more than in the period from November to January. Although these data suggest a slowdown in customer growth, as from […]
Richard Branson’s aerospace company Virgin Galactic has announced a contract for a special research flight by Kelly Gerard, a member of the International Space Institute (IIAS). The astronaut will conduct experiments and test new health technologies while in space. The company’s shares in the premarket rose 7.61% to $ 33.5. “Much of our mission is […]
U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values of the United States and our allies,” the document […]
Two scientists from Lviv won the competition of projects of the National Research Fund of Ukraine. They will be provided with funds for developing a vaccine against the corona virus COVID-19, as well as to create a new generation of antibiotics. This was announced on Wednesday, September 9, by the head of the Lviv Regional […]Next
In 2021, NJSC Naftogaz of Ukraine expects to receive UAH 121,808 million in net sales revenue. This is stated in the explanatory note to the draft order of the Cabinet of Ministers on the approval of the financial plan of the NJSC. According to the document, the net profit is planned at 2,435 million hryvnias. […]Next
Pechersk District Court of Kyiv satisfied the petition of the Main Investigation Department investigators of Natspolitsiia and arrested the property of the former ruler of PJSC City Commercial Bank (CityCommerce Bank). Such a decision the court took on January 12 this year. According to the document, the former ruler of the bank is suspected of […]Next
In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]Next
The international business publication The Financial Times published the news that the public company Alibaba Group of China, experienced e-commerce giant, plans to become the owner of an investment holding company Intime Retail, bought its controlling stake at a price of more than two and a half billion dollars. Intime Retail owns 29 shops and […]Next
US Bankruptcy Court in Delaware will consider the appeal of the Metinvest company about the restructuring of Eurobonds. US Bankruptcy Court in Delaware appointed for February 9 meeting on the treatment Metinvest BV (Netherlands), the parent company of Ukrainian mining and metallurgical group Metinvest to authorize the US proposal for the restructuring of its Eurobonds […]Next
In March, the American aerospace corporation Boeing delivered to customers 29 aircraft comparing to 20 in March last year. The company has maintained positive dynamics for the second month in a row, Reuters reported the day before. In the first quarter, Boeing delivered 77 aircraft against 50 a year earlier. Also in late March, the […]Next
According to Delo.ua, the European Bank for Reconstruction and Development (EBRD) represents the credit to Meest Express of 10 million dollars on post automatic machine network development. The EBRD press-service informed about it.The postal and logistic operator will have planned to increase the share on the Ukrainian market and to develop the existent network until […]Next
South Korean Samsung continues to expand its pharmaceutical business, investing nearly $ 2 billion in the construction of plant for the production of medicines, which should become the largest of its kind in the world after the completion of works in 2022. According to The Wall Street Journal, the company is betting on further growth […]Next
The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]Next
The mRNA-1273 vaccine from the American company Moderna will be tested on three thousand children in six US states. CNN reported this on Wednesday, December 2. “Moderna has started inviting children over the age of 12 to try the vaccine” the statement said. It is noted that the study will involve volunteers aged 12-18 from […]Next
The Stockholm arbitration prohibited the “Odessa Portside Plant”, PJSC to alienate non-current assets, according to the press-service of Group DF. “March 31, 2016 the Stockholm arbitration satisfied the request of the Ostchem Holding Ltd (included in Group DF) and ordered the OPP till August 31, 2016 to refrain from alienation or encumbrance in any way […]Next
Press service of the international financial group VTB-Ukraine has confirmed the information about the planned sale of BM Bank. According to the official statement of the company, approval of decisions on the operation are going to realize till the 1 of March 2017 year. It is also worth noting that potential investors have already received […]Next
The “Milkiland” dairy group with assets in Ukraine, Russia and Poland completed the registration of one Polish and two Panamanian subsidiary trading companies in the first quarter 2016. According to the report of the group on the site of the Warsaw Stock Exchange, in Poland was registered UA TRADE Sp.zo.o., in Panama – Newholm Systems […]Next
According to Interfax-Ukraine, the State Food and Grain Corporation of Ukraine (SFGCU) will initiate a rate decrease. The Eximbank of China issued the credit to the corporation under Ukraine state guarantees in the amount of 1,5 milliard dollars in 2012. Oleksandr Hryhorovych, the acting CEO of SFGCU said: “We work on the very important issue. […]Next
Bayer AG is going to sell the part of its business in biotechnologies and productions of cotton spheres. It is concerned the Crop Science subsidiary Company. According to Liman Kondon, the company chairman, this industry sphere is money-making. There is no reason in finding buyers to Buyer. The decision was concluded by a pressure of […]Next