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Veon to list Ukraine's Kyivstar on Nasdaq
Telecoms group Veon said on Monday it has signed a letter of intent with special purpose acquisition company (SPAC) Cohen Circle to combine their businesses, with the aim of indirectly listing Ukraine's leading digital operator Kyivstar on the Nasdaq stock exchange in New York. Veon will retain a
Ukraine suspends production at Pokrovsk, its sole supplier of coking coal, as Russian forces advance, sources say
Ukraine has halted production at Pokrovsk coal mine, its sole supplier of coking coal for the country's steel industry, due to the advancing Russian forces, Reuters reported , citing two unnamed industry sources. "They have all stopped working now," one source said. "There's no
EU announces €148 million of new humanitarian aid for Ukraine
The European Union (EU) on Monday announced it will provide €140 million in fresh humanitarian aid to Ukraine and a further €8 million to Moldova to support Ukrainian refugees who have fled there. The funding earmarked for Ukraine will be used to provide emergency assistance, including food, shelter, clean water,
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Ukraine eyes Finnish companies for waste-to-energy plants
The head of Ukraine's State Agency for Restoration and Infrastructure Development, Serhiy Sukhomlyn, has held talks with Finnish companies about their willingness to participate in the construction of waste-to-energy combined heat and power (CHP) plants in the war-torn country.
DTEK commissions Fluence to deliver 200 MW energy storage system for Ukraine
Ukraine's largest private power producer DTEK said on Monday it has awarded a €140 million contract to a unit of US-based Fluence Energy to deliver Ukraine's first large-scale battery-based energy storage portfolio with a total capacity of 200 MW. The project involves six energy storage sites
Trump-Putin call in coming days or weeks; US to urge Ukraine to lower draft age, says incoming US national security adviser
The incoming US President Donald Trump and his Russian counterpart Vladimir Putin are expected to "at least" have a call in the coming days or weeks to discuss the situation in Ukraine, Trump's future national security advisor Mike Waltz said on Sunday. Waltz also said that
Taiwan makes pledge to Ukraine's Bucha to repair roads near mental health center
Taiwan has pledged a donation of $560,000 to the Ukrainian city of Bucha to support the reconstruction of roads linking the Kyiv Regional Center for Mental Health to nearby areas, Focus Taiwan reported. The donation agreement was signed during a webinar on Friday by Jeff Liu, Taiwan's
South Korea contributes $21 million to UNDP for Ukraine recovery
South Korea has contributed $20.79 million to the United Nations Development Programme (UNDP) for early recovery and area-based development projects in Ukraine, the UN agency said. The funding marks a pivot from emergency humanitarian aid to early recovery initiatives in the war-affected regions of Zaporizhzhia, Sumy, and Kherson.
Trump extends vow to end Ukraine war from '24 hours' to several months, European sources tell FT
US President-elect Donald Trump has extended his vow to end the war in Ukraine in "24 hours" to several months, and will likely continue supporting Ukraine after inauguration on Jan 20, two unnamed European officials said. "The whole [Trump] team is obsessed with strength and looking strong,
Energy crisis raises operating costs, disrupts production of Ukraine's farmers, Mercy Corp study finds
Ukraine's small- and medium-sized farmers have been heavily impacted by the energy crisis exacerbated by the war with Russia, according to a study by the US-based non-governmental humanitarian organization Mercy Corps. For instance, farmers relying on generators to irrigate land reported a stark yield disparity: 15 tons per
EIB provides €4.7 million for reclamation of landfill in Lviv, Ukraine
The European Investment Bank (EIB) said it has provided a second loan tranche, of €4.7 million, backed by European Union guarantees, to ease the reclamation of the Hrybovychi solid waste landfill in Ukraine's western city of Lviv. The funding will facilitate Phase II rehabilitation efforts at the
