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Alibaba's profits plunged by 75% due to record spending on artificial intelligence
Alibaba Group suffered a sharp loss in profitability, although its revenue continued to grow. The company is actively investing in AI, cloud technologies and data centers, expecting to receive significantly higher revenues in the future.
Due to blocked ports, Ukraine risks losing $500 million in export revenue
Blocking the ports of Greater Odessa creates serious problems for the Ukrainian mining and metallurgical complex. Businesses are losing access to key sea routes, and shipping across Europe is becoming uneconomical in many cases. According to Dragon Capital's estimate, in the second half of the year alone, Ukraine may not receive about $500 million in export revenue. "Economic Truth" writes about it.
Google may invest $12.2 billion in Marvell: a bet on its own AI chips
Google was granted the right to acquire nearly 59 million shares of Marvell for about $12.2 billion. The deal could provide the chip maker with up to $120 billion in revenue by fiscal year 2033 and reinforces Google's strategy to build its own infrastructure for artificial intelligence. This is reported by Reuters.
Bitcoin is again sharply rising in price: the rate has exceeded $68,000
Bitcoin for the day added about 6% and rose above $68,000. The sharp movement triggered a large-scale closing of short positions: approximately $1.4 billion worth of transactions were liquidated in four hours, CoinDesk reports.
Belgium invests $6 million in a fund for the development of Ukrainian business
The Belgian development financial institution BIO has become a new investor in the Rebuild Ukraine Fund.
Ukrainian bonds have brought investors about 150% since the beginning of 2023
Ukrainian sovereign debt has become one of the most profitable assets on the debt market of developing countries.
The state still controls half of Ukraine's banking sector: the share of state-owned banks is decreasing
In the second quarter of 2026, state banks accounted for 50.3% of the banking system's net assets. At the same time, private institutions continue to grow faster, gradually reducing the share of the state.
FOP may oblige to change fiscal checks from 2027: what the Ministry of Finance proposes
In fiscal checks, the list of mandatory details can be changed. The Ministry of Finance of Ukraine has prepared a draft of changes to the form and content of settlement documents. If approved, the new requirements could take effect on January 1, 2027. The changes will apply in particular to FOP and companies that use PRO or PRRO.
Owners of luxury cars paid more than UAH 214 million in transport tax
Local budgets received almost 60% more tax on expensive cars than last year. About 11,500 car owners became payers. This was reported by the State Tax Service of Ukraine.
Cashless payments in Ukraine have reached 96%: where do Ukrainians spend money from cards
Ukrainians increasingly pay for purchases with cards and smartphones In the first half of 2026, Ukrainians made 4.9 billion transactions with payment cards for a total amount of UAH 3.86 trillion. Non-cash payments continued to displace cash: their share reached 96% of all transactions by volume. This was reported by the National Bank of Ukraine.
Importers received UAH 36.5 billion in customs benefits for the month: which accounted for the largest amount
Customs benefits in July increased by almost a quarter over the year In July 2026, importers received UAH 36.5 billion in benefits for paying customs payments. Almost 60% of this amount fell on defense goods. At the same time, the customs transferred a record 78.3 billion UAH to the state budget. This was reported by the State Customs Service of Ukraine.
Business lacks people: which industries suffer the most
Personnel shortage remains the main problem of Ukrainian business. The lack of workers remains the main obstacle to the work of Ukrainian business. In July 2026, 66% of industrial enterprises complained about a shortage of personnel, although the figure decreased by 5 percentage points compared to June. At the same time, finding both qualified and unqualified workers has become more difficult. This is evidenced by the results of a monthly survey of the Institute of Economic Research and Political Consultations (IED) conducted in July among 472 industrial enterprises.