All News, Business

Eurozone nations to agree debt reduction BRUSSELS (AP) — The 16 nations that use the euro are Dec. 1 expected to agree deadlines for most of them to reduce budget deficits that are well above the EU budget rules that underpin their currency.
Dec 1, 2009 at 19:57
YUKOS owners win ruling in $100 billion case against Russia MOSCOW/LONDON, Dec 1 (Reuters) - The former owners of YUKOS said on Dec. 1 they had won a court ruling clearing the way for a claim of upto $100 billion against the Russian state over the way it broke up Russia's biggest oil company.
Dec 1, 2009 at 17:58 | Reuters
Ukrainian steel industry decline still slowing Ukraine's steel industry reduced finished roll output 18% year-on-year in January-November to 24.417 million tonnes, the Industrial Policy Ministry told Interfax.
Dec 1, 2009 at 17:39 | Interfax-Ukraine
Ukraine exports 11.3 million tons of grain Ukraine has exported 11.3 million tonnes of grain since the beginning of the 2009/2010 marketing year, which started on Jul. 1, 2009 and will end on Jun. 30, 2010, which is 7% up on 2008's figure, according to the Agriculture Ministry of Ukraine.
Dec 1, 2009 at 17:16 | Interfax-Ukraine
Nokia sues display makers HELSINKI (AP) — Nokia Corp., the world's biggest mobile phone maker, said Dec. 1 it has filed suits against several liquid crystal display makers for alleged price fixing.
Dec 1, 2009 at 16:42
FACTBOX-Key risks in emerging Europe, Middle East, Africa LONDON, Dec 1 (Reuters) - Debt in Dubai and the interplay of politics and IMF deals in Ukraine, Romania and Latvia provide the main political risks to regional emerging markets in December, while in Nigeria presidential health will be in focus.
Dec 1, 2009 at 15:42 | Reuters
Ukraine cancels obligation to assign rating for bond issues The State Commission for Securities and the Stock Market has canceled an obligatory requirement on the assignment of ratings for the issue of bonds, mortgage certificates and certificates of the fund for transactions with real estate.
Dec 1, 2009 at 13:05 | Interfax-Ukraine
Europe shares bounce back as Dubai fears recede LONDON, Dec 1 (Reuters) - European shares rose on Dec.1, bouncing back from falls in the previous session, as fears eased about the fallout from Dubai's debt problems and investors' appetite increased for relatively risky equities.
Dec 1, 2009 at 13:01 | Reuters
Japan central bank eases monetary policy TOKYO (AP) — Japan's central bank decided Tuesday to further ease monetary policy by massaging the economy with cheap loans amid government pressure to respond to a surging yen and falling consumer prices.
Dec 1, 2009 at 12:37
Raiffeisen says uncertainty still high in Ukraine NEW YORK, Dec 1 (Reuters) - Emerging Europe's No. 2 bank Raiffeisen International will cut more jobs in Ukraine, the bank's biggest "sore spot" in Eastern Europe, as political uncertainty runs high in the country, Chief Financial Officer Martin Gruell said.
Dec 1, 2009 at 11:05 | Reuters
FoodBizDaily: Leading Ukrainian retailers can change owners in the near future November 30 2009 - More than 10 leading Ukrainian retailers are looking for mergers and acquisitions in the near future, according to Ukrainian media reports. "Nearly seven largest Ukrainian retail groups have already changed or are changing their owners, while 3-4 companies will do this in 2010", - said Andrey Pivovarsky an official representative of Ukraine's largest securities brokerage firm Dragon Capital. Read the story here.
Nov 30, 2009 at 20:01
Dollar dips as markets recover from Dubai shock NEW YORK (AP) — The safe-haven dollar mostly slippedNov. 30morning, with the euro rising back over $1.50, but managed to hold above 14-year yen lows as investors held their breaths on the Dubai debt crisis.
Nov 30, 2009 at 19:57
iKS Consulting: Mobile communications operators' clientele shrinks by 0.43% in October The number of mobile communications subscribers in Ukraine as of the end of October 2009 had fallen by 0.43%, or by 240,000 people, to 55.29 million, iKS Consulting said in an analytical report based on monthly research.
Nov 30, 2009 at 19:15 | Interfax-Ukraine
Financial: Negative outlook for Ukrainian banking system The FINANCIAL -- The fundamental credit outlook for the Ukrainianbanking sector remains negative, reflecting the vulnerable state of the credit fundamentals of domestic banks in the medium term amid the ongoing financial and economic crisis, says Moody's Investors Service in its new Banking System Outlook on Ukraine. Particular concerns relate to downward pressure not only on banks' capitalisation and profitability as a result of deteriorating asset quality but also on their liquidity due to weak depositor confidence. Read the story here.
Nov 30, 2009 at 14:17
Heads of Dragon Capital, Sandora, Raiffeisen Bank Aval and Philip Morris enter European Business Association's board The head of Dragon Capital Investment Company Tomas Fiala, the director general of Sandora Company, which is under control of Pepsico, Neil Sturrock, Managing Director Philip Morris Ukraine, Caucasus and Moldova Elena Khomenko and Raiffeisen Bank Aval Board Chairman Volodymyr Lavrenchuk have entered the board of the European Business Association (EBA).
Nov 30, 2009 at 13:57 | Interfax-Ukraine