Ukraine News
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French wheat exporters face tougher competition from the Black Sea this year as crops in Russia and Ukraine recover from drought, erasing the premium paid for Paris-traded futures over the global benchmark in Chicago.
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Ukraine may agree on an International Monetary Fund loan by September because of a wide current- account gap and limited access to global financial markets, according to Goldman Sachs Group Inc.
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Creative Group OJSC, a Ukrainian maker of oils and margarine, will boost its 2013 earnings before interest, tax, depreciation and amortization as much as 30 percent on improved output, the head of the company said.
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The diplomatic spat between Russia and Azerbaijan over the Eurovision song contest illustrates a strange truth: In the lands of the former Soviet Union, bad pop is big politics.
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Wheat exports from India, the world’s second-biggest producer, are set to plunge as farmers hoard the crop and a rally in domestic prices turns buyers away to cheaper supplies from Russia and Ukraine. Futures climbed.
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Ukraine’s biggest transport companies are selling debt to revamp transport routes and win back cargoes from Russia, which has swiped a chunk of business from its neighbor by investing more in ports and inland links.
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Global production of rapeseed may be smaller than forecast a month ago as prospects diminish for crops in the U.K. and France, Oil World said.
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Soft wheat and rapeseed yields in the European Union may be smaller than previously expected because of declining crop prospects in the U.K. and some eastern countries, the EU’s Monitoring Agricultural Resources unit said.
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Thousands of Ukrainians took to the streets of the capital today as the opposition demanded the release of jailed ex-Premier Yulia Tymoshenko, and the ruling party organized a rival demonstration.
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Ukrainian billionaire Victor Pinchuk filed a suit with London’s High Court against two other magnates from his country, accusing them of selling him a shell company eight years ago.
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