European countries continue to increase investments in the electric vehicle sector despite a slowdown in the market and the easing of environmental requirements. According to Reuters, countries within the European Economic Area and Switzerland have already attracted nearly €200 billion for the development of the EV ecosystem. According to a study by the analytical group […]
German banks have carried out another wave of account freezes, depriving Russians of access to their funds. This was reported by the news outlet Deutsche Welle (DW), citing eyewitnesses holding “Russian passports.” Russians complain that banks are freezing accounts and sending letters demanding that they provide residence permits within 14 days. Several clients of Sparkasse […]
The Kryukiv Railway Car Building Works (KVBZ) has delivered a batch of new tank cars to the Western Fuel and Energy Company (ZPEK). This was reported by the plant’s press service. “ZPEK LLC’s investment program for the purchase of rolling stock amounts to approximately UAH 250–300 million. Under the signed agreement, KVBZ is currently manufacturing […]
The pace of consumer price growth in the United States in April reached its highest level since the spring of 2023. The main reason was a sharp rise in energy prices caused by the war with Iran, particularly the blockade of the Strait of Hormuz. This was reported by the New York Times, citing data […]
Since the beginning of the year, Ukraine’s trade turnover has amounted to $46.1 billion. During January–March, Ukraine imported goods worth $32.2 billion, while exports totaled $13.9 billion. This was reported by the State Customs Service. Taxable imports amounted to $22.3 billion, or 69% of the total volume of imported goods. The tax burden per 1 […]
Qatar has managed to send a liquefied natural gas (LNG) tanker through the Strait of Hormuz for the first time since the start of the war with Iran, Bloomberg reports. Vessel tracking data shows that the LNG tanker Al Kharaitiyat, which was loaded earlier this month at Qatar’s Ras Laffan export terminal, has already exited […]
Global oil inventories are shrinking rapidly due to supply disruptions from the Persian Gulf caused by restrictions on tanker traffic through the Strait of Hormuz amid the ongoing regional conflict. These developments are increasing the risk of fuel shortages and market price instability, Bloomberg reports. According to estimates, between March 1 and April 25 global […]
The U.S. Air Force has agreed to purchase an initial batch of interceptor drones from Powerus, a company backed by investments from the sons of U.S. President Donald Trump, Bloomberg reports. The company will deliver the drones to the Pentagon following a demonstration at a base in Arizona, according to co-founder and president Brett Velicovich. […]
Samsung has decided to cancel the release of the Galaxy S26 Edge, which was intended to continue the company’s thin and lightweight smartphone line. According to GSMArena, the decision comes as a result of poor sales of the Galaxy S25 Edge, which performed significantly below expectations. Analysts at Hana Investment & Securities report that as […]
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Inflation in Ukraine has accelerated: prices rose by 7.9% year-on-year and by 1.7% in March alone. The main reasons were rising fuel costs due to the conflict in the Middle East and higher global oil prices, according to a statement published on the website of the National Bank of Ukraine. Higher fuel and oil prices […]
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Oil flows through the Strait of Hormuz have collapsed amid the escalation of the conflict in the Middle East, with supplies now far below normal levels. This is stated in a new report by Goldman Sachs. The bank estimates that average daily flows through the Strait of Hormuz have dropped by 97% compared with normal […]
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The financial conglomerate BNP Paribas (headquartered in Paris) acquired indirectly 11.42% of the British JKX Oil&Gas, which owns the Poltava Petroleum Company. This is stated in the message of the JKX Oil&Gas reported on the London Stock Exchange. The owner of the package of the JKX at a rate of 11,42% became the British company […]
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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 […]
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On June 30, 2016 the State Property Fund of Ukraine (SPF) plans to launch tender for the privatization of the 99, 6% shares of one of the country’s largest manufacturers of chemical products – Odessa Port Plant. “Carrying out of competition for the sale of stock of shares with an open offer of cost on […]
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One of the biggest Ukrainian trade and industrial groups Fozzy Group, which is a part of PJSC Holding Invest (Kyiv), has received permission from the Antimonopoly Committee for the purchase of Boguslavskii zavod prodtovariv (Kyiv region, city Bohuslav) and a plant for fish processing Vohni hestii (legal address – Kyiv, physical address – Zhytomyr). This […]
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Tesla published statistics on cars produced and delivered in the first quarter of 2021. According to the company, it produced 180,338 cars in three months, delivered 184,800 cars to buyers. For comparison: for the same period in 2020, Tesla produced 102,672 cars, delivered – 88,400. During the year, production and deliveries increased by almost 76% […]
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Direction of LLC Development Construction Holding (DCH), whose president is Oleksander Yaroslavskyi, is considering to lease the OPP instead of the acquisition of assets of this PJSC, reported Zn.ua. In an official statement of OPP representatives was indicated that they appealed to the State Property Fund of Ukraine in order to initiate an open competition […]
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Discounts on Russian Urals crude in Indian ports have tripled compared to August and now stand at $5–6 per barrel below dated Brent. This comes as a result of tightened U.S. sanctions, which have prompted key buyers to start refusing Russian oil. Reuters reported this, citing three industry sources. In October, Washington strengthened restrictions against […]
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The joint venture of Naftogaz of Ukraine and the Egyptian General Petroleum Corporation – Petrosannan Company – has added 20%, or 600 barrels per day, to oil production in the Western Desert of Egypt, the company’s press service reports. This was reportedly made possible by fracturing in the pilot wells. It is noted that if […]
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Regulators fined the largest French mobile operator – The Orange Company in the amount of € 350 million. The reason for the fine is the abuse of a dominant market position. The supervisory authorities of France conducted an investigation and determined that since the early 2000, Orange fraudulently suppressed the competition in their field. The […]
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Countries of the Persian Gulf have lost about $15.1 billion in energy revenues since the start of strikes by the United States and Israel against Iran, according to estimates by analytics firm Kpler, reported by Financial Times. Analysts estimate that under normal conditions, oil, petroleum products, and liquefied natural gas worth around $1.2 billion pass […]
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According to the sources, “Gazprom”, JSC demands to annul the decision of the Antimonopoly Committee of Ukraine (AMCU) of the fine in the amount of 85.966 billion UAH through the Commercial Court of Kiev. The claim is registered in the court on April, 12. “Naftogaz of Ukraine” and “Ukrtransgaz” must be the third parties in […]
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The Cabinet of Ministers has made changes to the Affordable Loans program of 5-7-9%. This was reported by the press service of the Ministry of Finance. In particular, the maximum level of annual income of enterprises was raised to the equivalent of 10 million euros, and the current requirement for the mandatory business profitability has […]
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On January 8, Ukraine granted the right to mine lithium at the large state-owned Dobra deposit to investors that include billionaire Ronald Lauder, a friend of U.S. President Donald Trump, The New York Times reports. “The decision was made by a Ukrainian government commission, according to two members of the commission who spoke on condition […]
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