The Verkhovna Rada has approved a presidential decree on the compulsory seizure in Ukraine of property owned by the Russian Federation, MP Oleksiy Honcharenko from the European Solidarity faction announced on his Telegram channel.
“The Rada approved the president’s decree on the seizure of 1,592 railway cars belonging to Russian residents,” the lawmaker wrote.
Bill No. 13442, which endorses the presidential decree on the decision of the National Security and Defense Council of Ukraine dated July 2, 2025, regarding the forced seizure of property of the Russian Federation and its residents in Ukraine, was supported in full by 263 MPs during a parliamentary session, Honcharenko added.
The fourth LNG carrier involved in transporting liquefied natural gas from the sanctioned Arctic LNG-2 project has arrived at the Beihai LNG terminal in China, Reuters reported, citing LSEG data. The LNG tanker Buran is currently at the port of Tieshan, located in China’s Guangxi region, according to vessel tracking data. The first delivery from […]
Austria has won the right to block financing for Hungary’s Paks II nuclear power plant, which is being built by the Russian state corporation Rosatom. This is confirmed by a ruling of the EU Court of Justice. The EU Court annulled a decision of the EU General Court and declared invalid the European Commission’s approval […]
In August, Russia’s economy recorded its lowest revenues from raw material exports in all three years of the full-scale war in Ukraine, according to data from the Finnish analytical center CREA. On average, exports of oil, gas, petroleum products, and coal brought Russia €564 million per day — 2% less than in July and 11% […]
The decline in Russia-China trade, which began in 2025 for the first time since the start of the war in Ukraine, continues to accelerate, Reuters reports. In August, China’s purchases of Russian goods collapsed by 17.8% year-on-year, according to Chinese customs data. Shipments of Chinese goods to Russia fell by 16.4%. Overall bilateral trade dropped […]
The port of Primorsk on the Baltic Sea, which handles over a quarter of Russia’s crude oil exports, has suspended shipments, Reuters reported, citing informed sources. According to media reports, the country’s largest oil terminal, with a capacity of more than 1 million barrels per day, came under a drone strike on the night of […]
China’s Heihe Rural Commercial Bank, which came under EU sanctions, has stopped accepting payments from Russia, Russian media report. The information was confirmed by sources at two Russian banks and four importers facing the issue. Heihe Rural Commercial Bank had been among the last Chinese lenders willing to open correspondent accounts for Russian financial institutions […]
Diamonds from Russia continue to enter EU and U.S. markets despite G7 and EU sanctions against Alrosa — Russia’s largest producer and one of the world’s leading players in the industry. This was reported by journalists from OCCRP (Organized Crime and Corruption Reporting Project) along with several European media outlets. Armenia has become the key […]
An emergency situation due to the coronavirus has been declared in Ukraine. Probably a lot of people still do not have a full understanding of what it is and what restrictions have been imposed for the society and business. We asked S&P Investment Risk Management Agency to explain everything in detail. All the details are […]
Next
China, Australia, Japan and 12 other countries in the Asia-Pacific region have formed the world’s largest free trade area. The agreement was signed during the online summit of the Association of Southeast Asian Nations. We are talking about the creation of a free trade area called the Comprehensive Regional Economic Partnership (CREP). The following countries […]
Next
The Swiss construction company Bruenig Mega Safe AG offered the rich to save their money in a storage carved into alpine rocks. It is reported that the company plans to use space in the mountains equivalent to ten football fields to create a storage. The warehouses will have a volume of 100 cubic meters and […]
Next
The National Bank of Ukraine (NBU) has imposed a fine of UAH 2,544,900 on Ukrposhta for violations of Ukrainian legislation, according to the regulator’s press service. The fine was imposed for violations of the requirements set out in: the Law of Ukraine “On Payment Services”; the Instruction on the Organization of Cash Operations by Banks […]
Next
The Ministry of Commerce of China has warned of the possibility of a new global semiconductor supply crisis due to the conflict surrounding chipmaker Nexperia, according to ITReseller. The dispute between the company’s Dutch headquarters and its Chinese division is escalating and has already raised concerns within the automotive industry. Nexperia is one of the […]
Next
Meta may have generated around 10% of its total 2024 revenue — roughly $16 billion — from advertisements promoting fraudulent schemes and banned products, according to Reuters, which cites internal company documents. The materials refer to ads promoting fake investment projects, illegal online casinos, scam e-commerce stores, and prohibited medical products. The documents reveal how […]
Next
Oman has informed European officials that a return to pre-conflict conditions in the Strait of Hormuz is no longer possible and that vessels transiting the strategic waterway may face new fees, Bloomberg reports. According to the report, Omani officials said they remain committed to complying with international maritime law but indicated that charges could be […]
Next
Finnish corporation Nokia will supply about 7.5 thousand 5G transmitters for Telia in Finland, Scandinavia and the Baltics, the equipment supplier said on Wednesday. Telia is a telecommunications company. The headquarters is located in Stockholm. The company’s largest shareholders are the governments of Sweden (37.3%) and Finland (11.7%). The company serves all government communications resources […]
Next
Tesla has agreed with a number of banks to cooperate in the sale of shares in the company totaling up to $ 5 billion, according to the US corporation. “We have entered into a share distribution agreement … under which we may from time to time offer and sell our ordinary shares with a total […]
Next
Nvidia and AMD have reached an agreement with the Donald Trump administration to remit 15% of their revenues from chip sales in China to the U.S. government in exchange for export licenses, the Financial Times reports, citing sources familiar with the deal, including a U.S. government representative. Under the arrangement, Nvidia will transfer 15% of […]
Next
Worldwide chip sales in July rose by 20.6% year-on-year, reaching $62.1 billion. Compared to June, the semiconductor market grew by 3.6%, according to a press release from the Semiconductor Industry Association (SIA). Sales in North and South America jumped 23.9% year-on-year, in China by 10.4%, in Europe by 5.7%, and in the Asia-Pacific and other […]
Next
Spouses McMahon, the owners of the “Morgan Fenice company ” – a large manufacturer of the upholstered furniture (Morgan Furniture LLC, Kvasyliv, Rivne region), are going to invest 280 million UAH (€ 9.3 million) within the next three years to expand production capacity and specialty-equipment. This will increase the volumes of production and export by […]
Next
Chinese company China Concord Resources Corp (CCRC) has begun developing two oil fields in Venezuela. According to a company representative, the investment will exceed $1 billion, Reuters reported. By the end of 2026, production is expected to reach 60,000 barrels of oil per day. This marks a rare case of investment by a private Chinese […]
Next
Samsung Display has announced the launch of a new brand for its foldable displays — MONT FLEX, aimed at highlighting the unique advantages of the company’s flagship OLED panels. The brand will be officially introduced on August 7 at the K-Display 2025 exhibition in Seoul. The name MONT FLEX is derived from the French word […]
Next
Xiaomi Auto has announced a major new milestone: the company has assembled its 500,000th mass-produced electric vehicle. It took only 602 days from the start of sales of its first model — the Xiaomi SU7 sedan, which debuted on March 28, 2024. The milestone vehicle is the top-tier version of the Xiaomi YU7 Max crossover […]
Next