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Palladium Market Reacts to Ukraine Turmoil

2014-03-09 22:30:11| About Metals

Fears that sanctions targeting Russia may impact the palladium market have sent prices for the platinum group metal (PGM) to their highest level in a year. Russia is the world's largest producer of palladium, which is used to produce autocatalysts and multi-layer ceramic capacitors, as well as jewellery and dental alloys....Read Full Post

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UKRAINE: Adidas says no impact from Russia conflict in Ukraine

2014-03-06 16:08:00| Daily apparel & textile news and comment - from just-style.com

The CEO of Sporting goods giant Adidas says the company has seen no impact on its operations to date as a result of the escalating political situation in Russia and the Ukraine.

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The Future of the Soy Products Market in Ukraine to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape

2014-03-06 15:36:58| Beverage industry market research - from just-drinks.com

"The Future of the Soy Products Market in Ukraine to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape" is the result of Canadean's extensive market and company res

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Keystone Pipeline Would Be too Little, too Late for Ukraine Crisis

2014-03-06 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Amid the chaos in Ukraine and the debate over how to respond, if you listen closely you can hear the din of another, seemingly unrelated debate: the one over the Keystone XL pipeline. Such conservatives as Sarah Palin are increasingly using Russias incursion into Crimea as a way to bludgeon President Obama for his failure to approve the pipeline that, if built, would bring 830,000 barrels a day of heavy crude from Western Canada into the U.S. Their logic goes something like this: If Keystone...

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Vimpelcom posts Q4 loss on Canada, Ukraine writedowns

2014-03-06 09:10:00| Telecompaper Headlines

(Telecompaper) Vimpelcom reported a net loss of USD 2.660 billion for the fourth quarter, versus a profit of USD 195 million a year earlier, as the company wrote down the value of its investments in Ukraine and Canada. Revenues fell 7 percent to USD 5.554 billion, while EBITDA dropped a slower 3 percent to USD 2.372 billion, helping the margin increase to 42.7 percent. Sales were down in all its divisions apart from the CIS, due to regulatory and macroeconomic pressures, negative currency effects and tough competition in markets like Italy. On an organic basis, quarterly revenues were down 4 percent in Russia, 10 percent lower in Italy, 9 percent less in Ukraine and 8 percent lower in Africa and Asia. Over the full year 2013, Vimpelcom increased capex 3 percent to USD 4.233 billion or 19 percent of revenues, as it focused on expanding its broadband networks. The capex-sales ratio is expected to increase further in 2014 to 21 percent, as the roll-out of 3G and 4G continues in key markets. Operating cash flow fell 5 percent to USD 5.386 billion in 2014, and the net debt ratio increased slightly to 2.3x EBITDA. The company reiterated its plan to sharply reduce dividends until the debt ratio drops to 2.0. Vimpelcom also maintained its outlook issued in January for stable revenues and EBITDA this year and net debt around 2.3x EBITDA at year-end. 

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