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Financial Times: Ukraine’s Naftogaz battles to avert default In a Sept. 30 report, Roman Olearchyk writes: Naftogaz, the cash-strapped Ukrainian energy giant, failed on Wednesday to pay a maturing $500m eurobond, but could still avoid a default if it convinces note holders to accept a debt restructuring offer.
Sep 30, 2009 at 23:55
American Chronicle: Putin says Russia will remain liberal market economy, despite crisis Russia will remain a liberal, market economy despite the global crisis, Russian Prime Minister Vladimir Putin said at an investment forum on Tuesday, organized by VTB (RTS: VTBR) Capital.
Sep 30, 2009 at 23:20
Cellular News: Ukraine to auction off one 3G license by year-end ­The Ukrainian telecoms regulator, the National Communications Regulatory Commission (NCRC) has announced plans to sell a single 3G license later this year. The license, which will be valid for fifteen years will have a reserve price of UAH 400 million and the auction is due to start on November 30th. The license will award 25Mhz of radio spectrum to the winner.
Sep 30, 2009 at 22:55
Ukraine's Naftogaz seeks debt restructuring Ukraine's troubled state energy company Naftogaz headed toward defaulting on $500 million worth of its Eurobonds as a Wednesday night repayment deadline loomed.
Sep 30, 2009 at 21:50
BEIJING (AP) — China's sovereign wealth fund said Wednesday it has paid $949 million for a stake in an oil company in Kazakhstan, expanding China's already substantial presence in the Central Asian republic's energy industry.
Sep 30, 2009 at 14:23
LONDON (AP) — European stocks rose Wednesday as an upbeat report by the International Monetary Fund and strong German jobs data offset worries over weak U.S. consumer confidence. Asian markets were mixed.
Sep 30, 2009 at 13:16
Decree: Ukraine to join multinational helicopter initiative Ukrainian President Viktor Yushchenko has approved the participation of Ukraine in the multinational helicopter initiative.
Sep 30, 2009 at 12:45 | Interfax-Ukraine
UMC: conditions for 3G license tender are non-transparent Kyiv-based CJSC Ukrainian Mobile Communications (UMC) has said that the conditions in a tender for the use of radio frequency spectrum to provide 3G mobile communications services announced on Tuesday by the National Communications Regulatory Commission (NCRC) do not give the company a chance to plan its investment policy.
Sep 30, 2009 at 12:35 | Interfax-Ukraine
Resolution: banks from October 2 to receive 30% of discount rate on reserves at separate accounts at NBU The National Bank of Ukraine (NBU) from October 2, 2009 is to add interest rates equal to 30% of the discount rates of the remainder of obligatory reserves sent by banks to separate NBU accounts in banks, in observance of the procedure for the formation and keeping of obligatory reserves.
Sep 30, 2009 at 11:30 | Interfax-Ukraine
MOSCOW - A handful of top Russian business figures have created an MBA program that tackles the issues they faced themselves: bribery, relentless bureaucracy, imperfect laws.
Sep 30, 2009 at 10:46
ISTANBUL, Sept 30 (Reuters) - Banks are starting to make money and should conserve the capital, including by not paying dividends, a senior International Monetary Fund official said on Wednesday.
Sep 30, 2009 at 10:41 | Reuters
New Russian MBA program tackles real-world hassles MOSCOW (AP) — A handful of top Russian business figures have created an MBA program that tackles the issues they faced themselves: bribery, relentless bureaucracy, imperfect laws.
Sep 30, 2009 at 10:38
Privatization chief: Odesa Portside Plant will be put up for sale again only after Ukrainian politicians form consensus The State Property Fund of Ukraine (SPF) has confirmed the tender commission's decision to recognize a tender on the sale of a 99.567% stake in OJSC Odesa Portside Chemical Plant invalid, SPF Acting Head Dmytro Parfenenko said.
Sep 30, 2009 at 09:44 | Interfax-Ukraine