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Petro Poroshenko

Petro Poroshenko Press Conference

Panama Papers: Ukrainian President Poroshenko Denied Accusations of Tax Evasion

The Panama Papers documents leak suggest that Ukrainian President Petro Poroshenko might be using an offshore company to evade tax. However, the president has denied such accusations, saying that he has not been managing the assets since he became president in 2014.

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PANAMA-ASSETS-REVELATIONS

‘Panama Papers’ Under Lens of The US Justice Department

The US Justice Department considers any credible allegation for violation of Federal Laws under its geographical territory very seriously. The department has been conducting its war against corruption through seizing assets related to illicit activities. Following leak of ‘Panama Papers’, it has been reviewing documents related to tax dodging through offshore accounts.

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Roshen Confectionery Corporation

No respite for candy factory caught up in Russia-Ukraine crisis

The fortunes of the Russian outpost of Ukrainian President Petro Poroshenko's candy empire have ebbed and flowed with the Russian-backed separatist conflict in the east of his country.

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Ukraine's President Petro Poroshenko

Paris, Berlin urge Poroshenko to press ahead with reforms

German Chancellor Angela Merkel and French President Francois Hollande urged Ukrainian leader Petro Poroshenko on Sunday to press ahead with reforms to facilitate an economic recovery and access to foreign aid.

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Donetsk

Ukraine allows state firm to import power from Russia

Ukraine's government has allowed state energy company Ukrinterenergo to import electricity from Russia to cover current power shortages caused by a lack of coal, the Ukrainian energy ministry said.

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crash site of flight MH17 in eastern Ukraine

Ukraine to close state offices, bank services in rebel-held east

Ukrainian President Petro Poroshenko issued several decrees on Saturday to shut state institutions and banking services in pro-Russian eastern regions, pressing a move to cut links with the rebel-held territory.

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Gazprom

No Russia-Ukraine gas deal at EU talks; Moscow queries finances

Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay.

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Europe-Asia summit (ASEM) in Milan

Hope and obstacles as Russia and Ukraine seek gas deal

A tentative agreement between the Ukrainian and Russian presidents has raised hopes of ending a dispute in which Moscow has halted natural gas supplies to Kiev, but several obstacles still have be overcome.

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Russia's President Vladimir Putin (L) shakes hands with Ukraine's President Petro Poroshenko

Ukraine says it agrees on interim gas price with Russia

Ukraine's and Russia's leaders have reached a preliminary agreement on a price for gas supplies this winter but Kiev may need international help to pay, Ukrainian President Petro Poroshenko said on Saturday.

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Europe-Asia summit

Russia and Ukraine reach tentative gas deal in tough Milan talks

Russia and Ukraine made progress on Friday towards resolving a dispute over gas supplies in time for winter, but European leaders said Moscow still had to do much more to prop up a fragile ceasefire and end fighting in eastern Ukraine.

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Viktor Yanukovich and Vladimir Putin

As Ukraine's debt tangle unwinds, Russia holds key thread

A selloff on Ukraine's dollar debt is focusing attention on a controversial $3 billion bond held by Russia, raising investor concerns that President Vladimir Putin could use the issue to trigger a cascade of defaults across Kiev's sovereign Eurobonds.

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Nestle

Tough time to sell Ukraine president's "mouthwatering" candy empire

A chance to buy the candy empire of Ukrainian President Petro Poroshenko is the kind of opportunity in a fast-growing market that would normally have multinational confectioners - like Nestle or Cadbury's parent Mondelez - drooling at the prospect.

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Shown here are the stock prices in Japan

Asian shares hold near 7-year high on Ukraine, ECB hopes

Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session.

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Petro Poroshenko

Ukraine ceasefire hopes push stocks, rouble higher

World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.

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stock market

Investors look past Ukraine, focus on ECB

World markets advanced on Monday despite the conflict in Ukraine, focusing on whether the European Central Bank will announce plans for economic stimulus when it meets this week.

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