Xavier Niel, the French billionaire and owner of Ukraine’s third-largest telecom operator, has become the largest shareholder of the Vodafone Group after buying a 16.2% stake in the company, Niel’s investment vehicle Vega announced on July 10.
The news follows a major controversy at Ukroboronprom, centered around a deadly explosion at one of its ammunition depots during a Russian attack on the Kyiv suburb of Vyshneve on July 6.
The European Commission is preparing a combined defense support package for Ukraine worth up to 18 billion euros ($21 billion), with announcements on this expected during von der Leyen's visit, TVP World reported.
The call was backed by Denmark, Estonia, Finland, Latvia, Lithuania, the Netherlands, Poland, Romania, and Sweden.
While President Volodymyr Zelensky portrayed the reshuffle as a "change in political strategy," the actual reasons behind the move, which triggers the resignation of the entire cabinet, remain unclear.
As the Ukrainian government was engulfed in a major corruption scandal last November, the biggest one in years, a number of lawmakers from President Volodymyr Zelensky's party saw it as a do-or-die moment. The attention was fixed on one man: Andriy Yermak, the president's powerful chief of staff. For years, Yermak had accumulated influence to a degree that frustrated ministers, lawmakers, and even some members of the president's inner circle. Now, as investigators closed in and the political pr
Explosions rocked the capital shortly after air raid sirens sounded at 12:15 a.m. local time. Sixteen sites were damaged, including a school and a civilian enterprise, but no casualties were reported in Kyiv, according to President Volodymyr Zelensky.
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.
Robert "Madyar" Brovdi, commander of Ukraine's Unmanned Systems Forces said that his team had destroyed 10 tankers and four ferries, bringing the total number of destroyed Russian shadow fleet vessels to 90 units this week alone.
