Business

Belgian PM raises stakes on Kyiv lifeline, renewing opposition to Russian frozen-assets reparations loan
In a letter, sent on Nov. 27 and seen by the Kyiv Independent, Belgian Prime Minister Bart de Wever labelled the EU's "reparations loan" scheme as "fundamentally wrong," and argued that moving forward on the initiative could complicate an eventual peace deal.
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Drone attack forces oil terminal in Russia's Novorossiysk to halt all loading operations
The attack seriously damaged the mooring point two (SMP-2), prompting port authorities to halt all loading operations and order tankers out of the water area.

'Successful' Ukrainian naval drone strike disables 2 Russian shadow fleet tankers, source says
The operation targeted ships that, according to the source, could have transported nearly $70 million worth of oil and helped Moscow bypass international sanctions.

'Half of Kyiv without electricity' — 2 killed, 37 injured in 'serious' Russian attack
Ukraine's Air Force said Russia launched 596 Shahed-type attack and decoy drones and 36 missiles of various types overnight.

Ukraine attacks one of southern Russia's largest oil refineries, sparks fire
Ukraine's military reportedly struck one of southern Russia's largest oil refineries overnight on Nov. 29, Russian Telegram media channels reported.

Zelensky's ex-chief of staff Yermak says 'going to the front' after resigning amid corruption probe
"I'm going to the front and am prepared for any reprisals... I am an honest and decent person," Former Presidential Office head Andriy Yermak said.

Russian victory would cost Europe twice as much as supporting Ukraine, study finds
A Russian military victory in Ukraine would cost Europe twice as much as a Ukrainian victory, according to a new study by Corisk and the Norwegian Institute of International Affairs published on Nov. 25.

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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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Given two weeks to voluntarily pay the sum in a landmark ruling on Nov. 10, notorious Ukrainian oligarchs Ihor Kolomoisky and Hennadiy Boholyubov failed to make any payments before a Nov. 24 deadline, PrivatBank said in a statement.




















