DIRS.INFO The most relevant business & tech news

☆ Ukraine central bank says it is preparing banking system for blackouts
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: 1 min

KYIV, Nov 13 (Reuters) - Ukraine's Central Bank said on Sunday it was preparing the country's banking system to work in emergency conditions in connection with possible blackouts. "It is envisaged to ensure the viability of 14 systemically important banks of the country. If absolutely necessary, the National Bank will primarily ensure the vital activities of state-owned banks," the bank said on Telegram messaging apps. Russia systematically attacks Ukrainian energy sector causing blackouts for significant parts of the country. Reporting by Pavel Polityuk;Editing by Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.

☆ 4 auto experts share their takeaways from 3rd-quarter woes at Rivian, Lucid, and Canoo — and what they expect for the end of 2022
▼ + stars: | 2022-11-10 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +7 min

The electric-vehicle startups Rivian, Lucid, and Canoo released third-quarter results this week. Rivian and Lucid each made progress toward their production goals for the year and steadily increased customer deliveries. Canoo has yet to make any production vehicles. After it closed the gap in the second quarter, Rivian's pace of deliveries again fell behind production by 779 vehicles. Lucid underwent some changes in the third quarter following a rough second quarter.

☆ Russia wants to turn Kherson into 'city of death', Kyiv says
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +1 min

KYIV, Nov 10 (Reuters) - A senior adviser to Ukraine's president said on Thursday Russia wanted to turn Kherson into a "city of death" after Moscow ordered its troops to withdraw from the southern Ukrainian city. "RF (Russia) wants to turn Kherson into a 'city of death'. Artillery on the left bank plans to turn the city into ruins," Podolyak wrote on Twitter. Ukraine's military said it was still unable to confirm Russian troops were withdrawing from Kherson. Brigadier General Oleksiy Gromov told a briefing that the Ukrainian armed forces own actions had left Russian forces no option but to withdraw.

☆ The US is quietly extracting concessions from Saudi Arabia after Mohammed bin Salman humiliated Biden
▼ + stars: | 2022-11-10 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Saudi Arabia has made moves to placate the US after a recent feud over oil. Diplomatic ties between the Biden White House and the Saudi crown prince, Mohammed bin Salman, are being tested as never before in a series of high-stakes diplomatic encounters. Russian President Vladimir Putin shakes hands with Saudi Crown Prince Mohammad bin Salman in Moscow in May 2017. Biden himself said there would be "consequences" for Saudi Arabia, though did not specify what they'd be. "These are mutual interests keeping the US and Saudi Arabia interested in the bilateral partnership.

☆ Ukraine presidential adviser: too soon to talk of Russian withdrawal from Kherson
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +1 min

KYIV, Nov 9 (Reuters) - A senior adviser to Ukraine's president said on Wednesday it was too early to talk about a Russian troop pullout from the southern city of Kherson. "It's necessary to separate words from deeds," Mykhailo Podolyak, a political adviser to Ukrainian President Volodymyr Zelenskiy, said in a statement to Reuters. "Until the Ukrainian flag is flying over Kherson, it makes no sense to talk about a Russian withdrawal." He said that Russian forces remained in Kherson, which was captured by Russian troops shortly after Russia's Feb. 24 invasion of Ukraine but had become the focus of a Ukrainian counteroffensive. "It is still too early to talk about the withdrawal of Russian troops from Kherson: a grouping of the Armed Forces of the Russian Federation is being maintained in the city, and additional manpower is being pulled into the region."

☆ Exclusive: Ukraine wants grain deal expanded, eyes decision next week
▼ + stars: | 2022-11-08 | by ( Pavel Polityuk | ) www.reuters.com time to read: +3 min

KYIV, Nov 8 (Reuters) - Ukraine wants the Black Sea grain export deal expanded to include more ports and goods, and hopes a decision to extend the agreement for at least a year will be taken next week, Ukraine's deputy infrastructure minister said on Tuesday. "We are already ... demanding inspections be streamlined or inspections of departed (ships) be cancelled, because it makes no sense. Moscow has said it has received guarantees the grain corridor will not be used for military purposes. Vaskov said Kyiv advocated the exclusively peaceful use of the grain corridor, and that the current agreement involved the export of fertilizers. "Ukraine has confirmed and confirms now that the grain corridor is only for ships that take part in the initiative - both in the past and in the future," the deputy minister said.

☆ Ukraine receives first delivery of NASAMS air defence systems - minister
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: 1 min

KYIV, Nov 7 (Reuters) - Ukraine has received its first delivery of NASAMS and Apside air defence systems, Defence Minister Oleksii Reznikov said on Monday. "We will continue to shoot down the enemy targets attacking us. Thank you to our partners: Norway, Spain and the US," Reznikov wrote on Twitter. Reporting by Pavel Polityuk, Writing by Tom Balmforth; Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine set to finalise IMF agreements after Nov. 11-17 fund mission
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: 1 min

KYIV, Nov 7 (Reuters) - Ukraine is set to finalise new agreements with the International Monetary Fund after a new IMF mission from Nov. 11-17, Ukrainian central bank governor Andriy Pyshnyi said on Monday. The governor told a briefing Ukraine had already held substantive and constructive talks with the IMF in Vienna on a whole range of issues. Reporting by Pavel Polityuk; writing by Tom Balmforth; editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

KYIV, Nov 7 (Reuters) - Ukraine said on Monday it had invoked wartime laws to take control of stakes in a top engine-maker and four other strategic companies from some of the country's richest men. The companies included engine maker Motor Sich, energy companies Ukrnafta and Ukrtatnafta, vehicle maker AvtoKrAZ and transformer maker Zaporizhtransformator. The decision was announced at a joint news conference of Danilov, Reznikov and Prime Minister Denys Shmyhal, an unusually high-profile panel that signalled the sensitivity of the move. The officials did not elaborate on the size of the stakes that had been taken over,Asked if other companies' shares could be taken over, Reznikov declined to comment after the news conference. At the news conference, Danilov answered: "It depends how much influence they have on the state of our country".

How Putin and Friends Stalled Climate Progress A handful of powerful world leaders rallied around Russia and undercut global cooperation. Mr. Putin has gained from this as the increasingly autocratic Mr. Xi finds common cause with the Kremlin. “Much depends on whether authoritarian leaders perceive climate action to be in their self-interest.”Though their actions help Mr. Putin, their track records on climate are mixed. Mr. Xi called Mr. Putin his “best friend.”He was returning the favor from a year earlier, when Mr. Putin hosted Mr. Xi at the Grand Kremlin Palace and awarded him one of Russia’s highest medals for foreign dignitaries. At a news conference with Mr. Putin, Mr. Bolsonaro thanked his “dear friend,” saying that Mr. Putin had offered him support when other world leaders were criticizing his Amazon policy.

☆ Ukraine's parliament approves 2023 state 'victory' budget
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

KYIV, Nov 3 (Reuters) - Ukrainian parliament on Thursday approved the 2023 draft budget with a record deficit of $38 billion, a spending plan that the prime minister said was intended to help bring victory against Russia closer. Senior lawmakers said the budget was overwhelmingly approved, with 295 members of parliament voting for it and none opposing it. "Do everything to bring victory closer. It was with this philosophy that we drafted this budget," Prime Minister Denys Shmyhal said after the vote. Shmyhal after the vote that GDP could fall by 32% this year, and that inflation in 2022 could be 29.3%.

☆ Congress will never approve a windfall tax on oil firms, says analyst
▼ + stars: | 2022-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is a "zero percent" chance that Congress will approve windfall tax on oil firms, says analystPavel Molchanov of Raymond James says that there is "never" the vote in Congress to "single out a particular industry for a special tax" based on its track record.

☆ Russian 'blackmail' over grain export deal failed - Ukrainian presidential aide
▼ + stars: | 2022-11-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +2 min

KYIV, Nov 2 (Reuters) - Russia is resuming participation in a deal to free up grain exports from Ukraine because it realised the initiative would still work without Kremlin involvement, a senior Ukrainian official said on Wednesday. Presidential adviser Mykhailo Podolyak said in a written statement to Reuters that Moscow's decision showed that Russian "blackmail" and "escalation and threats" fail when they meet a resolute response. "One way or another, Russia, embarrassed, returned to the 'grain initiative' because it suddenly turned out that the grain corridor would work even without the Kremlin's participation," Podolyak said. "When you want to play blackmail, it is important not to outplay yourself," Podolyak said. Another senior Ukrainian official, who declined to be identified, told Reuters that Moscow's decision was mainly a result of Turkish pressure on Russia.

☆ Djokovic starts Paris defence with win, Rublev and Hurkacz also through
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +2 min

The Serbian raised his game in the second set, breaking his opponent at 4-4 before serving out the match with ease. As soon as I was returning and the ball was in play, I felt I had an advantage and wasn't nervous." Poland's Hurkacz fired 20 aces and saved eight break points to overcome French left-hander Adrian Mannarino 7-6(5) 6-4 to stay on a course for a potential third-round clash against Rublev. In the other matches, French qualifier Corentin Moutet downed Borna Coric 3-6 6-3 6-4 and Dan Evans of Britain saw off American youngster Brandon Nakashima 6-3 3-6 6-4. Reporting by Dhruv Munjal in Bengaluru, additional reporting by Manasi Pathak Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Head of state-run Ukrainian energy company Naftogaz quits
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +1 min

KYIV, Nov 1 (Reuters) - The Ukrainian government accepted the resignation of Yuriy Vitrenko as chief executive of state energy company Naftogaz on Tuesday. In a statement on the Telegram messaging app, Naftogaz said Vitrenko would remain in the role until Nov. 3, but gave no further details. Asked by Reuters about the reason behind his resignation, Vitrenko declined to comment. Vitrenko's departure follows a series of Russian missile strikes on Ukrainian energy facilities in recent weeks as the war in Ukraine drags on. Naftogaz is also locked in a legal dispute with Russia's state energy company Gazprom over the transit of Russian gas.

☆ Grain ships sail from Ukraine ports as Russian missiles knock out power across country
▼ + stars: | 2022-10-31 | by ( Pavel Polityuk | ) www.reuters.com time to read: +6 min

However, the ministry did not say what Russia would do if ships continued to sail the route. Meanwhile on the 250th day of a war that has ground on since Russia's invasion of Ukraine on Feb. 24, Russian missiles rained down across the country. International officials had feared that Moscow would reimpose a blockade on Ukrainian grain. MISSILE STRIKES[1/4] Smoke rises on the outskirts of the city during a Russian missile attack, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine October 31, 2022. After Russia suspended its participation in the grain shipping programme, the United States accused Russia of using food as a weapon.

☆ Series of blasts heard in Kyiv - Reuters witnesses
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +1 min

KYIV, Oct 31 (Reuters) - A series of blasts were heard in the Ukrainian capital, Kyiv, on Monday morning, according to Reuters witnesses in the city, while regional authorities in northern, eastern and central Ukraine also reported missile strikes. Russia has stepped up missile attacks on Ukraine in recent weeks after blaming Kyiv for the explosion which damaged the Crimea bridge. Smoke could be seen rising above Kyiv after more than 10 explosions, witnesses said, and electric power as well as mobile phone networks went down in parts of the city. Blasts were also reported in the cities of Zaporizhzhia and Cherkasy. "Russian losers continue waging war on civilian facilities," Andriy Yermak, President Volodymyr Zelenskiy's chief of staff, wrote in messaging app Telegram.

Feb 24, on Saturday halted its role in the Black Sea deal for an "indefinite term", cutting shipments from one of the world's top grain exporters, because it said it could not "guarantee safety of civilian ships" travelling under the pact after an attack on its Black Sea fleet. During Sunday's session among the grain deal delegations, Russian officials said Moscow will continue the dialogue with the United Nations and the Turkish delegation on pressing issues, the U.N. said in its statement. FALSE PRETEXT'The Russian defence ministry said Ukraine attacked the Black Sea Fleet near Sevastopol with 16 drones early and that British navy "specialists" had helped coordinate what it called a terrorist attack. Russia said it repelled the attack but that the ships targeted were involved in ensuring the grain corridor out of Ukraine's Black Sea ports. SHIPS BLOCKEDThe grain deal had restarted shipments from Ukraine, allowing sales on world markets, targeting the pre-war level of 5 million metric tonnes exported from Ukraine each month.

[1/3] Local residents queue for water after about 80 percent of the inhabitants of the Ukrainian capital were left without water supply according to the mayor, after a Russian missile attack, as Russia's invasion of Ukraine continues, in Kyiv, Ukraine October 31, 2022. Shmyhal said hundreds of settlements lost power across Ukraine, despite the air force saying its air defences had knocked out 44 of 50 the missiles fired by Russia. Long queues formed for water in some parts of Kyiv after Mayor Vitali Klitschko said 80% of residents were left without water and local authorities said 350,000 homes in the capital were without electricity. In Kyiv, residents queuing for water were defiant. It says it has been hitting military and energy facilities, but many residential buildings have been damaged.

Moscow suspended its participation in the Black Sea deal on Saturday, in response to what it called a major Ukrainian drone attack on its fleet in Russian-annexed Crimea. That relative calm is likely to end when Chicago and Paris wheat, the world's two most-active wheat futures contracts, start their trading week on Monday. Purchasing of grain for Black Sea ports in Ukraine has stopped following Russia's decision, a Ukrainian broker said. Ukraine's infrastructure ministry said on Sunday 218 vessels were "effectively blocked" by Russia's decision to suspend its participation in the grain export deal. Market participants are watching to see if the corridor deal can be salvaged, as the U.N. pursues negotiating efforts.

Summary Grain purchases for Ukraine sea ports stop, broker saysDrought and torrential rain disrupt southern hemisphere suppliesExports increasing from RussiaPARIS, Oct 30 (Reuters) - Wheat futures are expected to leap on Monday as Russia's withdrawal from a Black Sea corridor agreement puts Ukrainian exports at risk, analysts said. Moscow suspended its participation in the Black Sea deal on Saturday, in response to what it called a major Ukrainian drone attack on its fleet in Russian-annexed Crimea. Purchasing of grain for Black Sea ports in Ukraine has stopped following Russia's decision, a Ukrainian broker said. "There are increasing exports from Russia so in the short term availability might still be there from the Black Sea," he said. Market participants will also be watching to see if the corridor deal can be salvaged, as the U.N. pursues negotiating efforts.

☆ Ukraine says 218 vessels blocked after Russia suspends grain deal
▼ + stars: | 2022-10-30 | by ( ) www.reuters.com time to read: +1 min

KYIV, Oct 30 (Reuters) - A total of 218 vessels are "effectively blocked" due to Russia's decision to suspend its participation in a grain export deal, Ukraine's infrastructure ministry said on Sunday. Russia said on Saturday it suspended participation in the U.N-brokered deal to export agricultural produce from Ukrainian ports following attacks on its fleet in Russian-annexed Crimea. The ministry said 95 loaded vessels that had left Ukrainian ports were awaiting inspection for shipment to the final consumer, and 101 empty ones awaited inspection at the entrance to Ukrainian ports. It said 22 ships with agricultural goods were waiting to leave Ukrainian ports. Ukraine has said the deal, which unblocked three Black Sea ports, has allowed it to export around 9 million tonnes of agricultural cargo so far.

As tensions over the nine-month-old war worsen, NBC News looks at what a dirty bomb actually is, the damage it can cause and whether it can render any military advantage. What is a dirty bomb? A dirty bomb, also known as a “radiological dispersion device,” is defined as a conventional weapon that has been augmented with a radioactive material. The psychological damage from deploying a dirty bomb in Ukraine would probably be far-reaching, according to Plant. The Russain defense minstry said Monday that Kyiv has the “scientific, technical and industrial potential” to create a dirty bomb.

☆ Russia has destroyed over a third of Ukraine's energy sector - President Zelenskiy
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: 1 min

KYIV, Oct 25 (Reuters) - President Volodymyr Zelenskiy told a conference on Ukraine reconstruction on Tuesday that Russian rockets and Iran-made drones had destroyed more than a third of his contry's energy sector. Zelenskiy also told the conference in Berlin via video link that Ukraine had yet to receive "a single cent" towards a fast recovery plan worth a total $17 billion. "Russia is destroying everything so that it is harder for us to get through the winter," Zelenskiy told the conference, which was attended by German Chancellor Olaf Scholz, the head of the European Commission Ursula von der Leyen and other senior politicians and officials. Register now for FREE unlimited access to Reuters.com RegisterReporting by Max Hunder and Pavel Polityuk Writing by Gareth JonesOur Standards: The Thomson Reuters Trust Principles.

Without providing evidence, Shoigu said Ukraine could escalate by using a "dirty bomb", or conventional explosives laced with radioactive material. Ukraine does not possess nuclear weapons, while Russia has said it could protect its territory with its nuclear arsenal. 1/3 A local man throws debris out of a broken window in a residential building heavily damaged by a Russian missile attack in Mykolaiv, Ukraine October 23, 2022. Ukrainian President Volodymyr Zelenskiy said the Russian attacks on energy infrastructure had struck on a "very wide" scale. Moscow has acknowledged targeting energy infrastructure but denies targeting civilians in what it calls a "special military operation" in Ukraine.

Search resuls for: "PAVEL"

25 mentions found