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Poland's PZU acquires Ukraine's top insurance company
MetLife Ukraine makes up 50% of the Ukrainian market, earning nearly Hr 1 billion ($22.6 million) in profits last year from its 900,000 clients.
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Tuesday, May 5
US State Department approves $373.6 million weapons sale to Ukraine
The U.S. State Department approved a potential sale of extended-range Joint Direct Attack Munition (JDAM) systems and related equipment to Ukraine, the agency announced May 5.
Ukraine's point man with Trump tested as corruption probe intensifies
Newly released recordings linked to Ukraine's biggest corruption scandal have put Rustem Umerov, secretary of the National Security and Defense Council, back into the spotlight, prompting renewed scrutiny over his role in U.S.-brokered peace negotiations. The developments come at a particularly sensitive moment. Umerov, a former defense minister, has not been formally charged but is allegedly under investigation. He is reportedly mentioned in the most recent set of leaked recordings, tying him
Ukraine war latest: Russia's Kirishi oil refinery stops production after drone strikes
Key developments on May 5: * Russia's Kirishi oil refinery stops production after drone strikes * European Commission opens call for proposals to join EU-Ukraine Drone Alliance * Russian fiber-optic FPV drones reach Kramatorsk, Ukraine's Donbas stronghold * EU votes in support of Nuremberg-style tribunal for Russia. Ukrainian Flamingo missiles struck a Russian military production facility in Cheboksary overnight on May 5, President Volodymyr Zelensky said, as part of a large-scale missile
17 dead after Russia carries out deadly evening strikes on Kramatorsk, Zaporizhzhia in Ukraine's east
Russia launched attacks on Kramatorsk in Donetsk Oblast and Zaporizhzhia in Zaporizhzhia Oblast on May 5, killing at least 17 people and injuring 52 others, local authorities said.
Ukrainian 'Flamingo' missiles, drones strike Russian military factory, shut down Kirishi oil refinery
Ukrainian forces launched a missile and drone attack on multiple Russian regions overnight on May 5, reportedly striking a critical Russian military-industrial site in Cheboksary, Chuvash Republic, Russian Telegram media channels reported.
Ukrainians confront notorious pro-Russian network at 'Immortal Regiment' rally in Amsterdam
Partway through the procession, Ukrainian activists from the Free Defenders movement pushed to the front and unfurled a large banner reading "Mortal Regiment."
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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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General Cherry’s Khmarynka enters a growing class of low-cost, mid-range strike drones modeled on Russia’s Molniya and designed for mass production.
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