Business
Business
PrivatBank Moves to Enforce $3 Billion UK Ruling After Former Owners Fail to Pay
PrivatBank is complying with a UK High Court that found the oligarchs guilty of fraud against the bank, and ended an eight-year legal battle in one of the largest banking cases in Ukraine’s history.
Dec. 1, 2025
Trump
Putin’s Billionaire Inner Circle Held Secret Talks With US Business on Mining Deals
The talks touched on rare-earth minerals, gas extraction, and even reviving the Nord Stream pipeline, according to WSJ sources and European intelligence officials.
Dec. 1, 2025
Ukraine
Kyiv to Sell Major Bottled Water Company, Owned by Russian Oligarch
Ukraine has launched the auction of IDS Ukraine, producer of Morshynska and Myrhorodska, frozen since 2022 due to state sanctions on its owner, Russian oligarch Mikhail Fridman.
Nov. 28, 2025
Black Sea Grain Deal
New $2.8 Million Salt Plant to Launch in Odesa Region in Early 2026
Ukraineʼs new salt plant will produce 15,000 tons monthly, covering 50% of the county’s domestic salt demand, while helping to restore proper salinity to a Black Sea estuary’s ecosystem.
Nov. 28, 2025
Ukraine
Russia Slams Kyiv, Chornomorsk Port in Overnight Strikes, Damaging Key Facilities and Killing Workers
Ukraine’s Novus, Textile-Contact and the Chornomorsk port sustained significant damage in Russia’s overnight strikes, leaving dead and injured workers, amid ongoing peace talks.
Updated: Nov. 26, 2025
Ukraine
Ukrainian Carrier Kyivstar Launches Europe’s First Starlink Direct to Cell Service
The service’s testing, launched Monday, lets subscribers of Kyivstar send and receive SMS through SpaceX’s Starlink network amid blackouts caused by Russian attacks.
Nov. 25, 2025
War in Ukraine
Russia Destroys State-Owned Ukrposhta Postal Branch in Lviv – 900 Parcels Lost
Russia destroyed a modern Ukrposhta branch in Lviv, with about 900 parcels lost. No employees were harmed and the branch will be restored.
Nov. 19, 2025
Russia
Russian Arms Exports Dip by Half, Arms Exec Admits
The CEO of Russia’s arms conglomerate Rostec said the country’s arms exports have been halved since 2022, claiming most production was sent to the war in Ukraine.
Nov. 19, 2025
US
Citigroup Shares Rise After Putin Approves Sale of Citibank Russia
Citigroup’s stock climbed after Vladimir Putin authorized Renaissance Capital to acquire 100% of Citibank’s Russian subsidiary, a deal requiring special approval under Moscow’s restrictions.
Nov. 14, 2025
Ukraine
Ukraineʼs Kyivstar Revenue Climbs 20%, Digital Business Expands to 12%
Kyivstar Group reports $73 million adjusted profit despite $162 million Nasdaq-related accounting charge.
Nov. 11, 2025
Business
London Court Orders Kolomoisky and Boholiubov to Pay PrivatBank Over $3B in Damages
The High Court in London has ordered former owners of Ukraine’s largest state-owned bank, PrivatBank, to pay over $3 billion in a major fraud case.
Nov. 10, 2025
Business
Deloitte Ukraine to Host 10th Anniversary Conductors of Changes Forum in Kyiv
Deloitte Ukraine will host the 10th Conductors of Changes Forum in Kyiv on November 19, bringing together leaders to discuss how Ukraine has evolved over the past decade and what’s next.
Nov. 7, 2025
Business
Yuriy Katsion Appointed as New CEO of Oschadbank
Katsion, with 27 years in banking, has spent 24 years advancing through Oschadbank’s ranks, with his latest appointment pending approval from the National Bank of Ukraine (NBU).
Nov. 5, 2025
Russia
Mazda Becomes First Foreign Carmaker to Lose Control of Its Russian Joint Venture
Mazda has lost the right to buy back its 50% stake in a Russian joint venture after missing the option deadline, according to the company that acquired the shares.
Nov. 4, 2025
War in Ukraine
Russia Targets Ukrainian Snack Giant in Overnight Drone Strike
A Russian “Shahed” drone hit a Star Brands warehouse in Pavlohrad, destroying food supplies worth millions. It’s the second strike this year on one of Ukraine’s largest snack producers.
Nov. 4, 2025
Ukraine
Russian Attack Destroyed Production of Idealist, Ukraine’s Drip Coffee Manufacturing Pioneer
Russia’s attack on Kyiv damaged Idealist’s coffee production, causing casualties and fires; recovery timeline remains unknown.
Updated: Oct. 27, 2025
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