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Japanese drone maker doubles down on Ukraine as Tokyo eases arms rules

by Dominic CulverwellApril 29, 2026

Japanese drone firm Terra Drone has announced a second major investment in a Ukrainian defense tech company, as Japan increases support for its defense sector. During a presentation in Japan on April 28, CEO Toru Tokushige announced a partnership with Ukrainian firm WinnyLab to scale the Terra A2, a long-range fixed-wing interceptor drone. The investment comes a week after Japan lifted a ban on weapons exports put in place following the Second World War. Following the historic move, Japanese p

First Ukrainian stocks added to London-listed fund for reconstruction

by Luca Léry MoffatApril 29, 2026

Kyiv probe into oligarch Zhevago adds pressure as Ferrexpo nears London listing suspension

by Dominic CulverwellApril 28, 2026

EU carbon rules could deal heavy blow to Ukraine’s struggling steel sector, report warns

by Dominic CulverwellApril 28, 2026

The Verkhovna Rada building in Kyiv, Ukraine, on April 17, 2026.

Ukraine parliament inches through reforms as funding deadlines loom

by Luca Léry MoffatApril 29, 2026

Ukraine’s postal giant reports booming profits despite war risks

by Dominic CulverwellApril 27, 2026

Ukraine busts crime ring that laundered $13 million in defense sector, authorities say

by Martin FornusekApril 27, 2026

Reporter’s notebook: Inside Ukraine’s nuclear plants at war

by Dominic CulverwellApril 25, 2026

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Thursday, April 30

12:40 PM

Israel turns away ship with stolen Ukrainian grain in win for Kyiv

"The Russian supplier of the cargo will have to find an alternative destination to unload it," Israel's Grain Importers Association said.

12:02 PM

Ukraine proposes long-term ceasefire after Putin floats 'Victory Day' truce with Trump

"Our proposal is a long-term ceasefire, reliable and guaranteed security for people, and a lasting peace," President Volodymyr Zelensky said.

11:10 AM

Syrskyi orders soldiers' mandatory rotation from front-line positions after 2 months

"The rotation of our warriors should be planned in a timely manner, taking into account the situation, the nature of the fight, and the available forces and resources," the general said.

07:53 AM

Russian overnight attack on Odesa damages kindergarten and residential buildings, injures at least 20

The victims included a 17-year-old boy, said Serhii Lysak, head of the local military administration.

10:00 AM

Pussy Riot’s Nadya Tolokonnikova on Navalny, Russian culture, and supporting Ukraine’s military

“We don't just oppose Putin anymore, we're at war with him,” Nadya Tolokonnikova told the Kyiv Independent during a meeting in Kyiv. “To me, (saying) anything less bold is insufficient to meet the moment.” Tolokonnikova has never shied away from speaking truth to power. As a founding member of Pussy Riot, the Russian feminist and performance art collective, she quickly became a global symbol of creative resistance and unwavering defiance against authoritarianism in Russia. She’s been using her

09:47 AM

General Staff: Russia has lost 1,330,290 troops in Ukraine since Feb. 24, 2022

The number includes 1,470 casualties that Russian forces suffered over the past day.

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.

March 2, 2026War has drained Ukraine’s workforce, but women and veterans are stepping in to fill the void

February 11, 2026What Ukraine's ballooning debt means for its economy, and future

February 10, 2026Ukraine moves its power grid underground to shield it from Russian attacks

Editors' Picks

A screengrab from a video shows dense black smoke rising from the Tuapse oil refinery in Tuapse, Russia, on April 28, 2026.

Business news

Japanese drone maker doubles down on Ukraine as Tokyo eases arms rules

First Ukrainian stocks added to London-listed fund for reconstruction

Kyiv probe into oligarch Zhevago adds pressure as Ferrexpo nears London listing suspension

EU carbon rules could deal heavy blow to Ukraine’s struggling steel sector, report warns

Ukraine parliament inches through reforms as funding deadlines loom

Ukraine’s postal giant reports booming profits despite war risks

Ukraine busts crime ring that laundered $13 million in defense sector, authorities say

Reporter’s notebook: Inside Ukraine’s nuclear plants at war

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'Now is a good time to invest in Ukraine' — Brussels and Kyiv sign over $1 billion in deals

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NewsLetters

News Feed

Israel turns away ship with stolen Ukrainian grain in win for Kyiv

Ukraine proposes long-term ceasefire after Putin floats 'Victory Day' truce with Trump

Syrskyi orders soldiers' mandatory rotation from front-line positions after 2 months

Russian overnight attack on Odesa damages kindergarten and residential buildings, injures at least 20

Pussy Riot’s Nadya Tolokonnikova on Navalny, Russian culture, and supporting Ukraine’s military

General Staff: Russia has lost 1,330,290 troops in Ukraine since Feb. 24, 2022

About Business

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Ukraine confirms 3rd devastating drone strike on Russia's Tuapse oil refinery

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