KIEV, Jan. 17 – The Economic Development and Trade Ministry has proposed abandoning the idea of switching to summer and winter daylight saving time.

"There's the following order for time calculation in Ukraine: the second time zone (Kiev time) with the annual advancement of the clocks on the last Sunday in March at 0300 by one hour, and putting them back by one hour on the last Sunday in October at 0400.

KIEV, Jan. 17 – Ukraine International Airlines has issued an indignant statement on rumors about changes in the airline's ownership structure by mass media and other events that allegedly happen in the company.

KIEV, Jan. 17 – Bill Gates, New York Times foreign affairs columnist Thomas Friedman MIT President Rafael Reif, and Harvard University president and former U.S. Treasury Secretary Larry Summers, will highlight the list of participants Jan. 24 at the Victor Pinchuk Foundation’s Sixth Davos Philanthropic Roundtable on the occasion of the Annual Meeting of the World Economic Forum on January 24 will hold its entitled "RevolutiOnline.edu - Online Education Changing the World".

KIEV, Jan. 18 – The Individuals' Deposit Guarantee Fund has decided to extend the search for potential investors in Bank Tavrika (Kiev).

"The fund announces that the terms for searching for potential investors in the insolvent Bank Tavrika have been prolonged until January 30… Only banks can participate in the purchase of assets and the transfer of the bank's liabilities," reads the report of the fund.

KIEV, Jan. 19 – The Ukrainian cabinet plans to make fuel and crude imports without paying VAT and excise duties impossible, according to Prime Minister Mykola Azarov.

KYOTO, Jan. 19 – Kyoto, the Japanese twin city of Kiev, wants to cooperate with the Ukrainian capital in the sphere of environmental protection, Japanese officials say.

KIEV, Jan. 19 - Gazprom increased daily natural gas deliveries to Ukraine by 15-20% in January compared with December 2010, the Fuel and Energy Central Dispatch Service said.

KIEV, Jan. 19 – The World Bank is considering an additional financing of $150 million under the Second Export Development Project (EDP2) for Ukraine.

KIEV, Jan. 20 - The Ukrainian government approved creation of a joint venture between ChornomorNaftoGaz and Russian oil company Lukoil to develop offshore oil fields in the Black Sea, the government reported Wednesday.

ALMATY, Jan. 20 - Standard & Poor's believe that debt repayment to the creditors of the defaulted banks in Russia, Kazakhstan and Ukraine will be a long process.