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Ukrainian-founded drone maker UForce raises $700 million at $6 billion valuation
The investment will help UForce expand production for Ukraine and supply allied countries with systems suited to modern warfare, the company said.
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Saturday, November 14
FAA orders nationwide ground stop for all US flight departures
The Nov. 13 incident marks only the second nationwide ground stop of U.S. departures since Sept. 11, 2001.
Friday, November 13
European leaders agree on joint team for Ukraine peace negotiations, Costa says
"Today the leaders agreed that our European Team for the negotiations on peace in Ukraine is the European Union institutions and the E5 (countries) of the Coalition of the Willing," European Council President Antonio Costa said on Nov. 13.
France seizes Ukrainian oligarch Zhevago's $40 million Paris mansion in embezzlement investigation
The property was seized on Nov. 9 as part of an investigation into the alleged embezzlement of $113 million from Ukraine's now-defunct Finance and Credit Bank, which Zhevago previously controlled.
Ukraine war latest: Ex-PM press secretary reportedly injured in Moscow car explosion
Key developments on Nov. 13: * Ex-PM press secretary reportedly injured in Moscow car explosion * Russia's advance in Ukraine has slowed significantly, Air Assault Forces commander says * Russia strikes Zaporizhzhia, injures 50, including 8 children * Ukraine, Russia launch 'new format' for evacuating civilians from occupied territories, ombudsman says * Ukraine seeks explanation on Starshield speed restrictions from US A car exploded on Kirovogradskaya Street in Moscow's southern Chertan
The foreign influencers helping Russia sell its occupation
On the social media accounts of a group of young foreign visitors touring the Russian-occupied part of Donetsk Oblast, the war-ravaged region is presented as an appealing travel destination. In Instagram videos, the visitors release white doves — symbols of peace — into the sky and stroll through the Mariupol Drama Theater, rebuilt after Russian forces destroyed it during the 2022 siege. But their next stop is a shooting range, puncturing the fragile illusion of peace they have carefully constr
Russia strikes Zaporizhzhia, injures 50, including 8 children
Local authorities later on Nov. 13 reported that a rescue worker from the Cobra emergency service was killed when a concrete slab fell on him while he was clearing debris from a building damaged in the Russian attack.
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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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Kyiv has urged its partners to speed up aircraft deliveries, which are expected to strengthen Ukraine's air defense capabilities, including its ability to intercept Russian attack drones, Volodymyr Zelensky said on Nov. 11.
