KI short logo

Business news

Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
Learn more
Ukraine Business Roundup — On corruption in Ukraine
Business

Ukraine Business Roundup — On corruption in Ukraine

by Liliane Bivings

Editor's note: The following is the May 6, 2026 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. You wouldn't know it from Western media outlets — but the corruption scandal that prompted Ukraine's first wartime protests last summer continues to unfold. Last week, Ukraine’s leading outlet Ukrainska Pravda (meaning "Ukrainian Truth") published two videos presenting leaked transcripts of w

More from Business

NewsLetters

News Feed

Friday, May 8

Could Europe take over Ukraine peace talks from US? Here's what officials say

The EU is not about to hold its own peace talks with Russia and has no concrete plans to do so, several bloc's leaders and diplomats have confirmed on May 8, following news reports that suggested otherwise. The discussions come as U.S.-mediated peace talks between Moscow and Kyiv have remained stalled for more than two months, as Washington is focused on its war with Iran. Frustration among European capitals at the lack of progress has led EU leaders to prepare for their own talks with Russia'

Why Russia’s air defenses can’t protect its oil refineries from Ukrainian strikes

Since mid-April, Ukraine has struck the Tuapse oil terminal on Russia's Black Sea coast four times, triggering major fires at one of the country's key oil export hubs despite active air defenses and repeated Russian claims of intercepted drones. The attacks have caused days-long fires, halted refinery operations, polluted parts of the coastline, and forced authorities into prolonged emergency response efforts. This raises a question: If Russia maintains one of the largest air defense networks

About Business

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.

Read more

Most Popular

Editors' Picks

News Feed