The Russian oil giant has been trying to sell its 49.13% stake in India's Nayara refinery, but the EU's latest sanctions package could make such a deal too risky for buyers.

The head of Ukraine's Poltava Mining faces criminal charges for allegedly evading over Hr 1.7 billion ($41 million) in corporate taxes through fraudulent export pricing, the Ukraine Economic Security Bureau announced in a press release on July 18.

The "Test in Ukraine" initiative will allow foreign companies and governments to create solutions for real war challenges while receiving immediate feedback from military personnel and improving products based on combat experience.

German-Ukrainian defense technology company Quantum Systems has acquired a 10% stake in Frontline, a Ukrainian defense robotics firm, Quantum Systems announced in a press release on July 16.

Ukraine's parliament approved a Hr 412.4 billion ($9.8 billion) increase in defense spending in the first reading, Ukraine’s Finance Ministry announced in a press release on July 16.

Ukraine entered the top ten countries by the number of billionaire immigrants, with four Ukrainians securing spots on Forbes' ranking of America's wealthiest immigrants and their combined fortunes totaling $25.3 billion, Forbes Ukraine reported on July 15.

The U.S. government’s development finance agency has started looking for a company to manage a joint U.S.-Ukraine investment fund, Ukraine’s Economy Ministry said in a July 15 press release.

The chief executive of Euroclear told the FT that the EU's proposal would amount to "expropriation" — forced seizure — because if Russia demands the assets back in the future, they would not be available.

Ukraine's economic crimes agency is still without a head following a controversial selection process, raising fresh concerns about the government's commitment to anti-corruption and international obligations.

The World Bank will provide $200 million over the next five years to prepare Ukrainian projects for large-scale reconstruction, the Economy Ministry announced on July 11.

Ukraine and the EU will allocate 100 million euro ($117 million) to boost battlefield-driven solutions under the newly-launched BraveTech EU initiative, announced at the Ukraine Recovery Conference (URC) in Rome on July 11.

The deal is one of the largest publicly disclosed investments in Ukrainian defense technology since Russia's full-scale invasion began in 2022.

According to the Energy Ministry, the initiative will restore heating and water services to millions of Ukrainians, particularly in front-line communities.

DTEK, Ukraine's biggest private energy company, has begun final commissioning of the country's largest battery energy storage project, , developed in partnership with Fluence Energy Inc., DTEK announced on July 10 at the Ukraine Recovery Conference (URC) in Rome.

The package focuses on restoring energy systems damaged by Russian attacks, repairing transport networks and border crossings, and supporting small enterprises.