Business

Global consulting firm joins Ukraine minerals deal fund as investment advisor
Alvarez & Marsal has been tapped as the investment advisor for the U.S.-Ukraine minerals deal, officials announced on Nov. 14, the latest step in a widely-watched agreement to invest in Ukraine's critical resource sectors.
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North Korea halves shell shipments to Russia as its own stockpiles run low, Ukraine's intelligence says
North Korean artillery supplies enabled Russia to maintain its firing rate in 2024, but this year, that support has declined markedly.

Rage, panic, and a glimmer of hope in Ukraine as corruption scandal unfolds
Ukraine is being rocked by the biggest corruption scandal of President Volodymyr Zelensky's term. In the halls of power in Kyiv, the mood is one of dread and uncertainty about what to expect next. "It's a huge blow, but the worst part of it is that I'm not sure that we are at the end of it, it might still be unfolding," a pro-government Ukrainian lawmaker speaking on condition of anonymity told the Kyiv Independent. "What I would recommend the president to do right now is to take serious acti

Ukrainian drone strikes force Saratov oil plant to suspend primary processing, Reuters reports
The Nov. 11 attack triggered explosions and a large fire at the facility, and the plant may remain offline until the end of the month, the sources said.

Russian attacks kill 9, injure 53 across Ukraine over past day
Russian forces launched three Kinzhal ballistic missiles, as well as 135 drones against Ukraine overnight, according to Ukraine's Air Force.

General Staff: Russia has lost 1,157,400 troops in Ukraine since Feb. 24, 2022
The number includes 1,000 casualties that Russian forces suffered over the past day.

Macron to host Zelensky in Paris on Nov. 17 to discuss French support as 'historic agreement' is finalized
The two leaders will discuss bilateral cooperation in the "energy, economic, and defense fields," as well as progress in preparing security guarantees for Ukraine under the "Coalition of the Willing" framework.

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
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At first glance, a YouTube interview with Philippe Marques Pinto looks like one of dozens of others in Ukraine’s long-running campaign to recruit South American soldiers to bolster its ranks in the fight against Russia. “I worked as a private security guard in Brazil, and when I arrived here, I got training, and it was just a question of adaptation,” Pinto says in an April 25, 2025, video for the Foreign Recruitment Center, a channel run by Ukraine’s Defense Ministry. But according to police i










