Forbes Ukraine first reported on June 8 that Schmidt and his wife, Wendy Schmidt, had acquired a combined 36% stake in seven companies under the Dragon Capital group, a major Kyiv-based investment firm.
"To support and accelerate this new momentum, we agree to increase the delivery of air defence capacities, additional systems and interceptors, and long-range capabilities," the statement read.
According to Zaporizhzhia Oblast Governor Ivan Fedorov, Russia carried out five strikes on the city, sparking fires and damaging civilian infrastructure.
U.S. President Donald Trump said on June 16 that he would continue efforts to help end Russia's war against Ukraine, while saying the war has "no impact" on the United States.
The cause and circumstances of the crash are currently under investigation, Ukraine's Air Force said. Rescue crews and law enforcement are currently working at the site, and no civilian casualties have been reported.
Key developments on June 16: * 'Just response to Russian strikes' – Ukraine strikes major oil refinery in Moscow, Zelensky confirms * Zelensky, Trump, Macron meet at G7 summit as Ukraine pushes peace talks * Ukraine to create new drone units to bolster defenses along northern border with Russia, Belarus, Syrskyi says * Lukashenko says Belarus poses no military threat to Ukraine, apologizes to Zelensky for past remarks * Ukrainian Armor, AviaNera launch partnership on missile, drone engines
A Russian frigate reportedly fired warning shots at a British-flagged yacht in the English Channel. The U.K. Defense Ministry is investigating the incident.
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.
"We ask for prayers for the salvation of the shrine from destruction. Another Russian crime against humanity, against history, against Christianity," Metropolitan Epiphanius, head of the Orthodox Church of Ukraine, said amid Russia's attack.
