Business RSS

Economic forecasts gloomy all around

The prospects for Ukraine’s economy are looking dicier amid a ballooning global financial crisis and dire predictions about a looming worldwide recession.  Full Story
Yesterday, 23:31 | Ivan Bachynskiy, Kyiv Post, Staff Writer

Deepening financial crisis should not derail corporate social responsibility

In order to survive, companies need to remain responsible   Full Story  
Yesterday, 23:06 | Andrew Wilson, Special to Kyiv Post

Accountants unfazed by financial meltdown

Ongoing international financial meltdown and credit crunch are expected to bring growth rates in the accounting services sector back down down to earth, experts say.   Full Story  
Yesterday, 22:57 | Elena Plekhanova, Kyiv Post Staff writer

Big firms take long view on Ukraine’s economic potential

Q&A with Urmas Kaarlep who serves as a senior partner at PricewaterhouseCoopers and offers preliminary viewpoints on the Ukrainian market in comparison to that of Estonia’s.   Full Story  
Yesterday, 22:49 | Elena Plekhanova, Kyiv Post Staff writer

Recession worry, data drag Wall Street lower

NEW YORK (Reuters) - U.S. stocks slid on Wednesday as investors worried that efforts to untangle credit markets would not prevent recession and Federal Reserve Chairman Ben Bernanke acknowledged that the economy faced a significant threat.   Full Story  
Yesterday, 21:34 | Reuters

Closing stock market indices outside the U.S.

LONDON, (Reuters) - Here is how major stock markets outside the United States ended on Oct. 15.   Full Story  
Yesterday, 19:51 | Reuters

Trading suspended on Russian exchanges as shares dive

MOSCOW (AP) - Trading on Russia's two main stock exchanges has been suspended trading as shares fell steeply in morning trading.   Full Story   Yesterday, 12:53

Oil falls below US$78 on recession fears

SINGAPORE (AP) - Oil prices fell below US$78 a barrel Wednesday in Asia on concern a massive bank bailout by the U.S. and Europe won't keep the global economy from slipping into a severe slowdown that would erode crude demand.   Full Story  
Yesterday, 12:05 | Associated Press

Russia TNK-BP kickstarts new Siberian oilfield

TALAKANSKOYE OILFIELD, Russia, (Reuters) - BP's Russian venture, TNK-BP, on Wednesday started commercial oil production from the Verkhnechonsk field in Eastern Siberia, opening up a new frontier for Russian hydrocarbon production.   Full Story  
Yesterday, 11:03 | Reuters

Countries line up for IMF help as crisis spreads

WASHINGTON, (Reuters) - Emerging market countries are turning to the International Monetary Fund to help shore up confidence in their financial systems strained by a global credit crunch.   Full Story  
Yesterday, 06:41 | Reuters

Asia stocks fall on global recession fears

HONG KONG (Reuters) - Asian stocks fell and gold rose on Wednesday on investor worries of lower corporate earnings in a weakening global economy, even as money markets continued to heal gradually.   Full Story  
Yesterday, 06:11 | Reuters Archive