Criminals demand $768m to keep Revolut client data undisclosed
Personal and financial data of users, including the owner of Gamdom and Skins.com, may have been leaked following a cyberattack on the British fintech bank.
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Ukraine carries out first biomethane export to Europe
On 6 February 2025, the Energy Customs of Ukraine's State Customs Service processed the first customs declaration for the export of biomethane.
Energy Ministry confirms 1bn cubic metre shortfall
Ukraine's energy sector continues to face severe pressure due to Russian strikes on critical infrastructure.
National Bank of Ukraine halts BitCapital's illegal operations
The Board of the National Bank of Ukraine (NBU) decided on 4 February to classify the services provided by the BitCapital platform as financial services.
Jacobs continues to do business in Russia
Jacobs Douwe Egberts (JDE) continues to operate in Russia despite the full-scale war, regularly remitting substantial sums to the country's state budget.
Raiffeisen Bank continues to generate profit in Russia
Austrian Raiffeisen Bank continues to earn profits from its operations in Russia despite international sanctions, Bloomberg reports.
Experts forecast cryptocurrency market decline
CoinDesk experts warn that a Bitcoin drop is inevitable, with its price potentially falling to $75,000. One of the main causes of the current cryptocurrency decline is cited as trade tensions between the US and China
Financial monitoring of card transfers to become a permanent practice
Monitoring of transactions on bank cards will no longer be a temporary measure but will become an integral part of the financial system.
El Salvador does not recognise Bitcoin as legal tender
The El Salvadoran Congress has officially revoked Bitcoin's status as legal tender. The cryptocurrency will no longer be considered "currency"
What Ukraine trades with the US
Trade relations between Ukraine and the US are not extensive; however, despite this, the US remains an important economic partner for Ukraine.
Global coffee prices hit historic high
Coffee prices on the global market have reached a historic record, surpassing the $3.70 per pound mark. This sharp increase was driven by a number of factors, the key one being climate change.
Ukrainian gas storage facilities depleted
According to former head of Ukraine's Gas Transmission System Operator Serhiy Makohon, the country's gas reserves have reached their lowest level ever. These figures are cause for concern
Poles oppose social benefits for Ukrainian children
According to the Rzeczpospolita publication, the overwhelming majority of Polish citizens — 88% — support the initiative to stop providing social child benefits to Ukrainians under the "800+" programme.
OPEC ignores Trump's call to lower prices
Saudi Arabia and other OPEC+ member states have no intention of changing their oil production policy, despite former US President Donald Trump's call to influence the decline in crude oil prices.
Billionaires lose over $100bn as market falls
Following a sharp drop in technology company shares, the world's 500 wealthiest individuals lost $108bn. The largest losses were incurred by
Mercedes-Benz cuts staff
Mercedes-Benz has announced plans for large-scale redundancies. The carmaker intends to cut costs by five billion euros by 2027, according to Focus.
Ukrzaliznytsia tariff hike will be a blow to industry
The tariff increase by "Ukrzaliznytsia" could deal a serious blow to Ukrainian industry. Alexander Vodoviz, head of the project office of "Metinvest", stated that the intention to increase the cost of freight transportation
Ukrainians spent 125 billion on cars in 2024
In 2024, Ukrainians spent 125 billion hryvnia on car purchases, an 18% increase compared to the previous year.
Zakarpattia enterprises begin attracting migrants
Foreign workers are planned to be recruited in Zakarpattia to address the shortage of labour resources at local enterprises. This was reported by the regional military administration (RMA).
Billionaires boosted their wealth by $2tn in a year
The financial achievements of the world's billionaires over the past year are striking. By the end of the year, their combined net worth had grown by an impressive $2tn, three times the result of the previous reporting period.
State Special Communications Service restricts access to KUNA cryptocurrency exchange
On 22 January 2025, the State Special Communications Service of Ukraine blocked access to the KUNA cryptocurrency exchange in accordance with a court order.