Category: 9. Business

White House Press Secretary Karoline Leavitt stated that both President Donald Trump and the American public are increasingly impatient with the war in Ukraine. She suggested that all parties involved should acknowledge the current realities and pursue negotiations. The…

President Zelenskyy said that Ukraine is working on a contract with American suppliers for the supply of 25 Patriot air defense systems. According to him, Ukraine will not be able to receive this number of systems immediately. The difficulty is that the Patriot…

Russia’s control of parts of Ukrainian land will not block Ukraine’s EU accession, as the bloc can utilize transitional mechanisms, said Michael Haller, the European Parliament’s rapporteur on Ukraine. He explained that when Ukraine joins the EU, these transitional…

European companies Destinus and Thales have signed an agreement to mass-produce autonomous AI-powered kamikaze drones and other solutions to combat the threat posed by Russian UAVs. Several production sites are planned to be launched, including in Ukraine. By 2026, the…

According to analysts, the new trade terms with the EU, which will come into effect at the end of October, will lead to a decrease in Ukrainian exports to this market by $1.14B annually compared to 2024, when temporary Autonomous Trade Measures were in force. The main…

Even after 2050, fossil fuels will remain a significant part of the global energy mix as electricity demand outpaces renewables, says a new McKinsey report. The estimate predicts that by 2050, oil, gas, and coal will make up 41-55% of global energy use, compared to…

According to ICU, diplomatic initiatives aimed at ending the conflict resumed last week and were well received by Eurobond holders. However, Friday’s meeting between the Presidents of the US and Ukraine, Donald Trump and Volodymyr Zelenskyy, proved fruitless. It has…

Last week, the State Property Fund of Ukraine (SPFU) successfully held an auction to privatize the only property complex owned by the Design Institute Ukrmetrotunnelproekt state enterprise in the capital. During the bidding, the price surged by 240% from the initial bid,…

According to Dmytro Makarenko, head of the State Service of Ukraine for Geodesy, Cartography, and Cadaster, the land market in Ukraine is currently expanding. “In the first year of the land market, approximately 100,000 hectares were sold, in 2022 – about 90,000. A…

Real Estate Developer Anta Group is negotiating the construction of a Radisson hotel in downtown Lviv. The project, covering 6,000 to 7,000 square meters, will include 100 rooms, said Anton Taranenko, founder of Anta Group. The developer expects it will be a Radisson Red…