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Kyivstar acquires Ukrainian cloud provider GigaCloud for nearly $50 million
The acquisition reflects Kyivstar's ambition to build a broader digital ecosystem beyond its core telecommunications business.
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Thursday, October 29
Moscow faces mass drone strike overnight, flights grounded at major airports
According to the mayor, over 100 drones have been shot down en route to Moscow during the night thus far.
Canadian volunteer killed by Russian drone while rescuing animals in Donetsk Oblast
Jesse Adams, founder of the Canadian organization RainCoast Dog Rescue Society, was killed by a Russian FPV drone while evacuating animals from front-line Kramatorsk.
Wednesday, October 28
Ukraine's military reveals what Russia's war has cost Moscow — in dollars, arms, and lives
With the money spent on the war, Russia could have built 1,000 new schools and 200 hospitals, and granted 1 million rubles to every child born since the start of the full-scale invasion.
Ukraine war latest: Oleshky ceasefire holds as Zelensky secures new aid pledges
Key developments on Oct. 28: * Putin 'wanted very much' for Melania Trump to broker Oleshky ceasefire, first lady adviser says * Ukraine reportedly strikes chemical, metallurgical plants in Russia * Russia building new drone launch site near Millerovo airfield in Rostov Oblast, HUR says * Netherlands announces 500 million euro military aid package for Ukraine * 80% of Ukrainians back strikes on Russian refineries even if US cuts support, poll shows * UK announces 'biggest ever' Ukraine su
'There cannot be business as usual with Russia' — Dutch minister urges Europe to step up for Ukraine
Ukraine is about to enter another harsh winter as Russian attacks continue crippling critical infrastructure, even before the coldest days set in. In an attempt to relieve Kyiv, the Dutch government on Oct. 28 outlined a package of non-military aid worth 1.2 billion euros ($1.3 billion), to be disbursed over the next three years and directed toward the country's economic recovery. The Netherlands will also provide 40 million euros ($45 million) to the Ukraine Energy Support Fund, as well as 55
'Reverse course while there's still time' — US senator tells ships carrying Russian diesel to turn around
"I'm sending a sledgehammer message to shipping companies whose tankers are transporting illegal Russian diesel to our ports," Sen. Richard Blumenthal said. "Reverse course while there's still time."
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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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The Kremlin is repackaging these demands as "security guarantees" for itself amid ongoing negotiations to end the war in Ukraine, Zelensky told journalists at a press briefing.
