Ukraine

London court orders former Ukrainian tycoons Kolomoisky and Bogolyubov to pay over $3bn in PrivatBank fraud case

bne IntelliNews November 12, 2025

Judgment is a major victory for Ukraine’s largest lender, which has spent years pursuing legal claims across multiple jurisdictions to recover losses linked to its former owners.

Ukraine suspends justice minister amid $100mn energy corruption probe

bne IntelliNews November 12, 2025

German Galushchenko has been suspended as part of a sweeping anti-corruption investigation into alleged large-scale money laundering in the country’s energy sector.

The EU’s new supply web

Clare Nuttall in Glasgow November 11, 2025

Global turbulence has stalled FDI for now, but the potential for future investment around the EU’s periphery — from the Western Balkans to Ukraine to north Africa — remains strong.

Ukraine’s anti-graft bureau targets ex-Zelenskiy business partner in sweeping energy corruption probe

bne IntelliNews November 11, 2025

Ukraine’s National Anti-Corruption Bureau (NABU) has carried out a series of high-profile searches in Kyiv, including premises linked to Timur Mindich, a former business partner of President Volodymyr Zelenskiy.

Zelenskiy calls for 27 Patriot systems as Russia steps up missile and drone strikes on Ukraine’s energy grid

bne IntelliNews November 11, 2025

Ukrainian president urged Western allies to accelerate the delivery of air defence systems to shield the country from intensifying Russian strikes.

Norway reportedly considers sovereign fund collateral for EU’s €140bn Ukraine loan

bne IntelliNews November 11, 2025

Proposal offers a way to overcome Belgian objections to using frozen Russian sovereign assets to back the EU loan facility for Kyiv.

Russia unleashes massive overnight assault on Ukraine’s energy grid, crippling thermal plants and gas sites

bne IntelliNews November 10, 2025

Russia launched one of its heaviest air assaults in months overnight, striking Ukraine’s energy infrastructure with missiles and drones and causing widespread blackouts across major cities, including Kyiv and Kharkiv.

Ukraine faces deepening humanitarian crisis as 37% live in poverty, 65% of children affected

bne IntelliNews November 10, 2025

Sustained fighting and large-scale displacement have pushed millions into hardship.

Russian forces surround Ukrainian army in Pokrovsk

bne IntelliNews November 7, 2025

Ukrainian forces are struggling to hold their positions in the eastern city of Pokrovsk and nearby Myrnohrad, where Russian troops are intensifying their offensive.

Poland plans to become US gas hub to supply Slovakia and Ukraine

Wojciech Kosc in Warsaw November 6, 2025

Poland will seek to become a regional distribution centre for American gas to supply neighbouring Slovakia and Ukraine, President Andrzej Nawrocki said while on a visit to Bratislava.

Defence firms replace IT companies as key driver of Ukraine’s office real estate market

bne IntelliNews November 6, 2025

Ukraine has become an increasingly important hub for international defence firms seeking to co-develop and test weapons systems, finds consultancy UTG.

Pokrovsk update: Russia controls half the city in a chaotic battle

Ben Aris in Berlin November 5, 2025

The battle for Pokrovsk is raging and the Armed Forces of Russia (AFR) have captured half the city, but the situation is very confused. Reports from the city say there is no frontline as the Russians are using a “Brownian motion” tactic.

Ukraine gets a B grade from EU: good, but more work needed

Ben Aris in Berlin November 5, 2025

President Volodymyr Zelenskiy rejected a two-tier solution proposed by Brussels to accelerate Ukraine’s EU accession bid, after the European Commission (EC) released a progress report on November 4.

Foreign companies pay Russia $60bn in taxes since Ukraine invasion

bne IntelliNews November 4, 2025

Foreign companies in Russia paid at least $20bn in taxes in 2024 alone, and cumulative tax payments since early 2022 exceed $60bn.

Russia closing the trap as its forces expand control of Pokrovsk

Ben Aris in Berlin November 4, 2025

The stronghold city of Pokrovsk in the heart of the Donbas now risks “becoming a graveyard for Ukraine’s finest,” Euromaidan Press reports as Russian forces expand their control and threaten to encircle hundreds of Ukraine’s best troops.

Russia automotive output slumps to levels of first months of Ukraine war as demand slumps

Ben Aris in Berlin November 4, 2025

Russia’s automotive industry — once a symbol of the country’s industrial ambitions — has entered another sharp downturn, reversing the fragile recovery seen in 2023 and early 2024.

MOSCOW BLOG: Western coverage of the Ukraine war turns negative

Ben Aris in Berlin November 4, 2025

After more than three years of throwing their support behind Kyiv’s defence of Ukraine following Russia’s invasion and pushing a narrative of “stand with Ukraine for as long as it takes,” the Western press has turned starkly negative in recent weeks.

Russia launches Khabarovsk nuclear submarine designed to deploy nuclear-capable Poseidon drones

Ben Aris in Berlin November 2, 2025

Russia has launched a new strategic nuclear submarine, the Khabarovsk, which is capable of carrying a dozen of the Kremlin’s recently unveiled nuclear-powered Poseidon torpedo—a next-generation weapons system that Putin called "unstoppable."

Ukraine’s elite HUR forces turn the tide in the battle for Pokrovsk, as Russia’s effort to capture key logistics hub fails

Ben Aris in Berlin November 1, 2025

The battle for Pokrovsk became intense early on November 1and it looked like the fall of the key logistics hub to Russia was imminent. But a bold counterattack by Ukraine’s elite HUR forces seems to have turned the tide.

Russia faces $50bn annual losses from oil sanctions as Lukoil exits international assets

Ben Aris in Berlin October 31, 2025

Russia is expected to lose at least $50bn annually due to oil-related sanctions, as Moscow’s largest private oil producer Lukoil agrees to sell its international assets and Germany considers nationalising operations owned by state-run Rosneft.

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