Business news from Ukraine

Business news from Ukraine

The movie “20 Days in Mariupol” has won in Best Feature Documentary category of Academy Awards

Mstislav Chernov’s “20 Days in Mariupol” won in the Best Feature Documentary category of the Academy Awards, according to the Associated Press.

At the awards ceremony, Mstislav Chernov took the stage to collect his award.

“Movies shape memories, and memories shape history,” Chernov said.

The Associated Press and PBS “Frontline” team that produced the documentary received a standing ovation from the audience. This is the first Oscar for both Ukraine and the Associated Press.

“20 Days in Mariupol” chronicles the first weeks of fighting in Mariupol in the Donetsk region during Russia’s full-scale invasion of Ukraine in 2022. Director and photographer Mstislav Chernov, photographer Eugene Maloletka and producer and journalist Vasilisa Stepanenko worked on the movie. They were the last journalists to cover the beginning of Russia’s destruction of Mariupol, for which all three won the Pulitzer Prize.

The movie became the highest-grossing documentary in Ukraine last year, collecting 500 thousand UAH only for the first weekend of distribution.

As reported, the documentary “20 Days in Mariupol” won the BAFTA award of the British Academy.

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Ukraine increased rolled steel production by 52.5%

Ukrainian steelmakers increased production of total rolled products by 52.5% year-on-year to 900 thousand tons from 590 thousand tons in January-February this year, according to preliminary data.

According to Ukrmetallurgprom on Friday, steel production increased by 52% in January-February 2023 to 1.076 million tons from 708 thousand tons during this period.

Pig iron production increased by 42.5% to 1.050 million tons from 737 thousand tons.

As reported, in January-2024, the company increased production of total rolled products by 75.9% year-on-year to 453 thousand tons from 257 thousand tons, steel by 91.6% to 544 thousand tons from 284 thousand tons, and pig iron by 44.5% to 555 thousand tons from 384 thousand tons.

In 2023, Ukraine increased its production of total rolled products by 0.4% compared to 2022 to 5.372 million tons, but reduced steel production by 0.6% to 6.228 million tons and pig iron by 6.1% to 6.003 million tons.

In 2022, Ukraine reduced production of total rolled products by 72% compared to 2021, to 5.350 million tons, steel by 70.7% to 6.263 million tons, and pig iron by 69.8% to 6.391 million tons.

In 2021, the company produced 21.165 million tons of pig iron (103.6% compared to 2020), 21.366 million tons of steel (103.6%), and 19.079 million tons of rolled products (103.5%).

Movie “Oppenheimer” has won best film Oscar

The movie “Oppenheimer” directed by Christopher Nolan won the Oscar in the category “Best Film”.

The awards ceremony of the 96th American Academy Awards was held in Los Angeles at the Dolby Theater on Monday night, Kiev time.

Among the contenders for the award in this category were “American Fiction”, “Anatomy of a Fall”, “Barbie”, “Unfortunate Creatures”, “Zone of Interest”, “Maestro”, “The Departed”, “Past Lives”, “Killers of the Flower Moon”.

The movie “Oppenheimer” tells the story of the creator of the American atomic bomb, Robert Oppenheimer, focusing on the transformation of his relationship to the weapon created under his leadership.

The film also won awards for Best Director (Christopher Nolan), Best Actor (Cillian Murphy) and Best Supporting Actor (Robert Downey Jr.). In total, the picture was awarded seven Oscar statuettes.

The best actresses according to “Oscar” became Emma Stone for the movie “Unfortunate Creatures”, the best supporting actress played D’Vine Joy Randolph in the movie “The Departed”.

The Oscar winner in the category “Foreign feature film” was the film “Zone of Interest”.

“Oscar” for best original screenplay went to the movie “Anatomy of a Fall”. The award for best adapted screenplay went to “American Fiction”.

The best documentary was “20 Days in Mariupol” by Mstislav Chernov. “The Boy and the Heron” by Hayao Miyazaki won the “Oscar” as the best animated film.

The American Academy of Motion Picture Arts and Sciences award, known as the Oscars since the 1940s, was established in 1929 and honors figures who have made contributions to the motion picture industry.

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Oil prices falling, Brent at $81.5 per barrel

Prices for benchmark crude oil are falling on Monday morning, continuing the decline of the past week.

The price of May futures for Brent on the London ICE Futures exchange as of 7:08 a.m. was $81.52 per barrel, which is $0.56 (0.68%) lower than at the close of the previous session. On Friday, these contracts fell in price by $0.88 (1.1%) to $82.08 per barrel.

Quotes for WTI futures for April in electronic trading on the New York Mercantile Exchange (NYMEX) by this time fell by $0.59 (0.76%) to $77.42 per barrel. At the end of the previous session, the contract fell by $0.92 (1.2%) to $78.01 per barrel.

Over the past week, the international benchmark fell by 1.8%, while the North American benchmark fell by 2.5%.

Investors are being cautious ahead of this week’s release of US inflation data and monthly reports from OPEC and the International Energy Agency (IEA), which could affect the market outlook, Trading Economics writes.

Traders are also following the truce talks between Israel and Hamas, which have not yet yielded significant results, and assessing China’s foreign trade statistics.

According to S&P Global Commodity Insights, oil imports from China in the first two months of the year fell by about 5.7% to 10.9 million barrels per day.

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Internal and external debt of Ukraine in 2010-2023

Internal and external debt of Ukraine in 2010-2023

Source: Open4Business.com.ua and experts.news