Other Sources, General

Oil drops below $90 for 1st time since Nov. 1 NEW YORK — The price of oil tumbled below $90 in U.S. trading on Wednesday for the first time in nearly seven months as U.S. supplies continue to grow.
Yesterday at 20:37 | Associated Press
Facebook sued while stock climbs after rocky start NEW YORK — A group of shareholders has filed a lawsuit against Facebook, its executives and Morgan Stanley, the lead underwriter in the company's IPO last Friday.
Yesterday at 20:01 | Associated Press
Onishchenko: Russia allows supply of Ukrainian cheese 'in special regime' Kotlyakovo, Bryansk region, Russia - Ukrainian cheese will be imported into Russia in small shipments, Russia's Rospotrebnadzor director and chief sanitary inspector, Gennady Onishchenko, told Interfax on Wednesday.
Yesterday at 18:54 | Interfax-Ukraine
Ukrainian communications market grows 1.7% in four months The National Bank of Ukraine (NBU) says the country's monetary base could expand 12-16% this year, depending on how the macroeconomic figures go, according to the NBU Web site.
Yesterday at 18:45 | Interfax-Ukraine
Ukrainian equipment producer dashes Gazprom production plans last winter Problems with the installation of new equipment supplied by Ukraine's Sumy Frunze Machine Building Science and Production Association t to the compressor station at the Zapolyarnoye deposit hampered Gazprom's production plans last winter.
Yesterday at 14:20 | Interfax-Ukraine
Russian investment company: Worsening of eurozone problems could slow pace of Ukraine's GDP growth to 2% Russia's Troika Dialog investment company has retained its forecast for Ukraine's GPD growth in 2012 at 3%, although it said the forecast could be revised downwards if the debt problems of Europe worsen.
Yesterday at 12:24 | Interfax-Ukraine
Bloomberg Businessweek: Ukraine’s hryvnia drops to Two-Year Low on Europe crisis concern The hryvnia depreciated for a seventh day against the dollar, poised for its longest losing streak since December 2008, on speculation uncertainty about Europe’s debt crisis is damping demand for the country’s debt.

The Ukrainian currency lost 0.7 percent to 8.11 per dollar as of 10:46 a.m. in the capital, Kiev, heading for the weakest closing level since February 2010. The former Soviet republic’s $1 billion of dollar-denominated debt due November 2016 fell for the first time in three days, increasing the yield by three basis points, or 0.03 percentage point, to 9.47 percent.

European leaders are meeting in Brussels today to discuss the region’s debt crisis that has wiped more than $4 trillion from equity markets worldwide this month. The yield spread on Ukrainian bonds over the emerging-market average has jumped 10 basis points this month to 466 basis points.

Read more here.
Yesterday at 12:00
Mining Machines enters Vietnamese market Ukrainian company Mining Machines, a leader in the production of mining equipment, and which unites the engineering assets of the System Capital Management Group (SCM, Donetsk), has signed a contract for the turn-key construction of two shafts of Nui Beo mine with Vietnamese firm VINACOMIN-Underground Mine Construction Company.
Yesterday at 11:45 | Interfax-Ukraine
Infrastructure ministry approves luxury coefficients for Hyundai trains The Infrastructure Ministry of Ukraine has approved category coefficients for Intercity+ trains made by South Korean company Hyundai Rotem.
Yesterday at 11:27 | Interfax-Ukraine
Reikartz opens three-star hotel downtown Mariupol Reikartz Hotel Management (Kyiv), the managing company of the hotels under the Reikartz Hotels&Resorts brand, on May 21, 2012, opened a three-star 60-room hotel, Reikartz Mariupol, located downtown Mariupol, at 79 Heorhivska Street.
2 days ago at 20:53 | Interfax-Ukraine
PepsiCo to boost share of Ukrainian baby food market by 2.5 times in five years VYSHNENE (Kyiv region) – PepsiCo Ukraine is to boost its share of the Ukrainian baby food market to 25% from the current 10% with the launch of its new Ahusha factory, which will produce cultured milk foods for children on the territory of the Wimm-Bill-Dann Ukraine dairy factory in Vyshneve, Kyiv region.
2 days ago at 19:12 | Interfax-Ukraine
United Press International: Gazprom welcomes Ukraine's energy minister MOSCOW - Ukrainian Energy Minister Yuri Boiko arrived in the Russian capital to meet with the chief executive of Gazprom, the Russian energy company said.

Gazprom in 2009 cut natural gas deliveries through Ukraine after a series of contractual disputes. Kiev managed to break the impasse, though the government later sentenced former Prime Minister Yulia Tymoshenko to jail for abusing her authority in the deal.

Read more about it.
2 days ago at 17:11
Bloomberg: Ukraine corn harvest may climb to 24 million tons Ukraine’s corn harvest may climb to 24 million metric tons this year as farmers increase planting of the grain, French farm adviser Agritel wrote on its website, without providing a year-earlier figure.

Corn sowing in Ukraine is being finalized, and the area planted with the grain rose to about 4.5 million hectares (11.1 million acres) from 3.5 million hectares in 2011, according to Paris-based Agritel, which has an office in Kyiv.

Read more here.

2 days ago at 16:46
Expert group states preconditions for reduction of fuel prices in May The expert and analytical group on the functioning of the market for oil and fuel, and the development of the oil industry under the Cabinet of Ministers of Ukraine has pointed out preconditions for the considerably fall in the prices of fuel in late May.
2 days ago at 12:03 | Interfax-Ukraine
Ukrzaliznytsia publishes tickets prices for Hyundai trains The State Railway Administration of Ukraine (Ukrzaliznytsia) has published the price of tickets for interregional electric trains made by Hyundai Rotem, the press service of Ukrzaliznytsia has reported.
2 days ago at 10:57 | Interfax-Ukraine