Son of Motor Sich's former president Vyacheslav Bohuslayev was detained in Monaco on fraud charges linked to a $650 million asset scheme, Ukraine's Security Service (SBU) announced on May 2.
"This export decrease follows typical seasonal patterns. The majority of harvested produce has already been exported, with only minor volumes remaining for export," the Ukrainian Agribusiness Club said.
Ukraine's largest state-owned defense company Ukroboronprom reported a consolidated net profit of Hr 1.31 billion ($31.5 million) for the previous year, according to a press release at the company's website.
Luxury watches, a collection of 20th century military uniforms, and a very expensive piano — these are just a few of the intriguing things revealed in the mandatory annual declaration of financial assets submitted by Ukrainian MPs last month. The transparency system was established after the 2014 EuroMaidan Revolution in light
Naftogaz Group, Ukraine's state-owned oil and gas giant, reported a net profit of Hr 38 billion ($913 million) for 2024, marking a 64% increase from the previous year, the company announced on May 1.
The U.S. and Ukraine signed the long-awaited minerals agreement on April 30, paving the way for further American support of Kyiv through a joint investment fund that will contribute to Ukraine’s reconstruction. The deal comes after months of sometimes fraught negotiations, including an Oval Office shouting match between
The decline in crude prices started in early April when U.S. President Donald Trump announced new tariffs on imports. China responded with its own tariffs, sparking a trade war between the world's biggest oil consumers.
Revolut, the London-based digital bank, has suspended registration of new customers in Ukraine, a company press office told The Kyiv Independent on April 9.
Kremlin spokesperson Dmitry Peskov attributed the price decline to "the US decision to introduce tariffs for most countries in the world."
Ferrexpo, the London-listed iron ore producer with significant operations in Ukraine, reported a 26% year-on-year decline in pellet production during the first quarter, attributing the drop to the suspension of value-added tax (VAT) refunds by Ukrainian authorities.
The Moscow metro website became unavailable on March 31, displaying only a banner with a message on the technical failure from the recently hacked Ukrainian Railways (Ukrzaliznytsia).
The sharp decline is primarily attributed to Ukraine halting Russian gas transit through its territory on Jan. 1 after the expiration of a 2019 transit agreement.
When an "unprecedented" cyberattack hit the computer networks of Ukrainian Railways (Ukrzaliznytsia) on March 23, the company's staff gave up any idea of getting a good night's sleep for the foreseeable future. "Everyone is working around the clock. This is no joke," Anastasia Zolotaryova, Ukrzaliznytsia spokesperson told the Kyiv Independent
A new state agency, PlayCity, will aim to digitize gambling business licensing and strengthen oversight of the industry.
Russia’s war in Ukraine continues to significantly influence global oil markets, with international negotiations in Saudi Arabia potentially restructuring energy supply chains and market strategies.
A coffee shop in Kyiv called "Trump" is rebranding to "Nolan" as Ukrainians grow increasingly frustrated with U.S. President Donald Trump's stance on Ukraine. Located in the capital's central Pechersk district, the establishment was opened in 2019 and in January of this year celebrated Trump's inauguration with a special
Russian businesses have significantly scaled back their recruitment efforts in early 2025, with job openings falling 15% compared to the same period last year, pro-state Russian outlet Izvestia reported on March 24, citing data from employment service hh.ru.
The European Commission is contemplating significant cuts to Ukrainian sugar imports after complaints from EU producers about plummeting sugar prices, Reuters reported on March 20, citing information from three sources.
Russia has overtaken the United Arab Emirates as India's top naphtha supplier in the past year, as Indian refiners capitalize on discounted Russian shipments, Reuters reported on March 20, citing preliminary ship-tracking data.
Ukraine’s largest telecom operator, Kyivstar, has signed an agreement to acquire Uklon, a leading ride-hailing and delivery platform in the country, for $155.2 million, Kyistar’s parent company, Veon, announced in a press release on March 19.
The Trump administration dealt a blow to Russia's energy sector last week after it let lapse an exemption allowing Russian banks to use U.S. payment systems for energy transactions. The move closed an important financial channel for Russian oil and gas exports and comes as Washington looks for ways
Ukraine and the EU took steps to deepen cooperation in cybersecurity as Russian hybrid attacks aiming to undermine support for Kyiv and flame tensions across the continent continue to rise. Ukraine and Europe’s cybersecurity agencies signed a memorandum of understanding at the Kyiv International Cyber Resilience Forum this week
The announcement from McDonald's Ukraine comes as more Western companies expand offerings to Ukrainian customers amid the full-scale war, with some companies choosing to reopen storefronts across the country.
Ukraine's main gas production facilities are in front-line regions like Kharkiv and Poltava, making them vulnerable to Russian attacks. Strikes on gas infrastructure have repeatedly reduced production, at times by 40%.
U.S. President Donald Trump's decision to pause sharing intelligence with Kyiv has raised fears in major Ukrainian cities that Russian missile attacks could now occur without any warning. "It will be a catastrophe," Oleh Yeremenov, a fourth-year film directing student, told the Kyiv Independent on the streets of Kyiv
The company sees this partnership as an opportunity to strengthen Ukraine’s economy and expand its presence in global markets.
Ukraine plans to import about 3.5 billion cubic meters of gas for the upcoming heating season due to ongoing Russian attacks on its energy infrastructure, Bloomberg reported on March 4.
In the wake of the Feb. 28 clash between U.S. President Donald Trump, Vice President JD Vance, and President Volodymyr Zelensky in the Oval Office, the Kyiv Independent went to the streets of Kyiv to ask Ukrainians what they think of the now infamous meeting.
Ukraine's international bonds fell to their lowest point in over a month on March 3 after a heated exchange between Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump last week, Reuters reported.
The European Bank for Reconstruction and Development (EBRD) has lowered its 2025 growth forecast for Ukraine’s economy, now expecting 3.5% growth instead of the previously projected 4.7%.
According to Ukrainian banking law, a foreign bank can only operate in Ukraine if it opens a local branch or obtains a banking license. This process must first be approved by the NBU, the bank said in the press release.
The company expects to finalize and announce the deal within the next two months, with most potential partners based in the U.S.
