business

Russian gas flows to Europe via TurkStream decline despite near-maximum pipeline utilization

Russian gas flows through the European leg of the TurkStream pipeline declined in October, even as the route's capacity utilization increased, Interfax reported on Nov. 2.

2 November, 01:37 PM

Ukraine has no confirmation that Russia resumed grain shipments through the Sea of Azov

Ukraine has not confirmed reports that Russia has resumed grain exports via the Sea of Azov and Kerch Strait, and the Agriculture Ministry is verifying the claims, Agriculture Minister Taras Vysotskyi said, Interfax-Ukraine reported on Oct. 29.

29 October, 12:11 PM

Brent oil prices jump over 1% after Houthi attack on Saudi Arabian refinery raises supply fears

Oil prices rose more than 1% after an attack on a Saudi Arabian refinery renewed supply concerns, with Brent crude futures climbing $1.59, or 1.4%, to $115.47 a barrel as of 4:35 a.m. GMT, Reuters reported on Oct. 28.

28 October, 12:36 PM

Putin touts climate for Western firms after nationalizing Nestlé and Auchan

Russian dictator Vladimir Putin called conditions favorable for Western firms after seizing their assets, The Moscow Times wrote on Oct. 26.

26 October, 11:37 AM

'It's no longer just a discussion': Russian oligarch Mikhelson in talks to sell LNG to Turkey

Russian gas producer Novatek is in talks to supply liquefied natural gas to Turkey, company chairman and major shareholder Leonid Mikhelson said at the Verona Eurasian Economic Forum in Istanbul, Interfax reported on Oct. 23.

23 October, 12:41 PM

Russian attack destroys JYSK store in Kyiv

A JYSK store in Kyiv's Pochaina area was destroyed in a Russian attack on the Ukrainian capital on Oct. 22.

22 October, 03:19 PM

Will NBU Governor Pyshnyi survive the searches as speculation grows over his possible resignation?

NABU detectives arrived at Ukraine's central bank amid growing U.S. pressure on Kyiv to reach a peace deal with Russia, prompting NV Business to examine whether the searches relate to a Sense Bank probe or upcoming political decisions.

21 October, 06:24 PM

Oil prices jump more than $1 per barrel as escalating Middle East tensions fuel supply fears

Oil prices rose more than $1 per barrel on Oct. 21 as escalating tensions in the Middle East fueled supply disruption fears, while declining U.S. crude oil and fuel inventories provided further support, Reuters reported.

21 October, 03:37 PM

Major crypto exchange Bitget begins blocking Russian and Belarusian accounts, with VPNs unable to bypass ban

Cryptocurrency exchange Bitget has added Russia, Belarus and Kazakhstan to its list of restricted countries, barring their residents from using its services, The Insider reported on Oct. 19.

20 October, 09:15 AM

Ukraine to compensate shipowners for up to 80% of losses caused by Russian attacks

Ukraine's Cabinet of Ministers has approved measures to support maritime exports amid wartime risks, adopting a mechanism developed by the Ministry of Restoration, Infrastructure and Transport.

20 October, 07:55 AM

Russia has attacked Ukraine's energy infrastructure every day since July 16, causing massive damage — Koretskyi

Russia has launched more than 2,000 strikes on Ukraine's energy infrastructure since July 16, but preparations and a resilience plan are helping the country withstand the attacks, Prime Minister Serhiy Koretskyi told BBC News Ukraine on Oct. 19.

19 October, 04:39 PM

One in three Russian companies posts losses as 11 economic sectors struggle – Ukrainian intelligence

One in three large and medium-sized Russian companies posted losses in the first seven months of 2026, with the share of unprofitable firms rising to 33.4%, Ukraine's Foreign Intelligence Service reported on Oct. 19.

19 October, 11:38 AM

Three possible reasons Trump is pressuring Ukraine to stop striking Russian oil refineries – expert

U.S. President Donald Trump's efforts to stop Ukrainian strikes on Russian oil refineries may be driven more by political calculations and possible business interests among his associates than fuel prices, former Ukrenergo chief Volodymyr Kudrytskyi told Radio NV on Oct. 16.

16 October, 03:19 PM

EU paid Russia $209B for fossil fuels since 2022

EU countries paid Russia about 197 billion euros ($209 billion) for fossil fuels from March 2022 through July 2026, European Pravda reported, citing an EU source referencing official European Union statistics on Oct. 13..

13 October, 05:49 PM

Shmyhal announces major changes to Ukroboronprom as Ukraine plans new defense industry holding company

Ukraine plans to establish a holding company based on Ukrainian Defense Industry, First Deputy Prime Minister and Energy Minister Denys Shmyhal announced on Telegram on Oct. 13.

13 October, 11:07 AM

Ukraine expected three times more financial aid from partners in 2026 – Finance Minister Marchenko

Ukraine received an average of $1.5 billion a month in budget support from international partners in 2026, far below the $4.5 billion expected, Finance Minister Serhiy Marchenko said, according to Ukrinform on Oct. 12.

12 October, 06:12 PM

Slovakia vows to use all available means to continue Russian gas imports despite EU ban

Slovakia plans to negotiate with the European Commission to continue importing Russian gas despite an EU-wide ban, Slovak parliament Deputy Speaker Tibor Gašpar said, according to Interfax on Oct. 12.

12 October, 02:16 PM

Don’t wait for the war to end: How veteran Mykola Klympush expanded his business with Ukrgasbank

Vorokhta welcomes visitors with crisp Carpathian air and the rhythmic hum of construction, a place where building is a generations-old craft and where Mykola Klympush was born, raised and built his own business.

5 October, 06:11 PM

Russian strikes on Black Sea ports could cost Ukraine at least $8 billion

Russian strikes on Black Sea ports have effectively paralyzed Ukraine’s main grain export route, potentially costing the country at least $8 billion in revenue by summer 2027, the Financial Times reported on Oct. 5.

5 October, 02:49 PM

Former German Chancellor Gerhard Schröder to help develop Globus hypermarket chain in Russia

Former German Chancellor Gerhard Schröder has joined the supervisory board of Hyperglobus, which operates the Globus hypermarket chain in Russia, and will help oversee its management and strategic development, RBC reported on Oct. 2.

2 October, 03:07 PM

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