Shares in Unipetrol have soared on newspaper speculation that Agrofert, which is buying the Czech oil holding company from the government, may drop the purchase, analysts and traders said. The stock advanced 1.7 koruna, or 5.4 percent, to 33.50 koruna, 37 hellers from last Friday's three month high. It rose as much as 7.6 percent in early trading. Agrofert may consider pulling out of an agreement to buy Unipetrol for 361 million euros ($330 million), Mlada Fronta Dnes reported, without citing anyone. The speculation came after Agrofert last month said it would buy SKW Piesteritz, a German ammoniac maker. In addition, the units' performance has been deteriorating, which may have damped Agrofert's appetite for the company, Mlada Fronta Dnes said. Investors have said that they have little information on Agrofert's plans and its financial strength.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year