"School and business"
Translation:Школа і бізнес
и is the equivalent of the Ukrainian і in Russian. It means "and" and it sounds like "i" (they used to have the letter i like a hundred years ago but erased it from the alphabet and use "и" now). So, школа и бизнес --> in Russian, but the pronunciation is basically the same.
In Ukrainian и has a different sound. And it is does NOT mean "and". You cannot put it instead of і in this sentence.