The city of Donetsk as well as other locations across the Donetsk (DPR) and Lugansk (LPR) People’s Republics came under heavy artillery and rocket attacks by Kiev forces overnight, according to local authorities. Officials claim the shelling targeted primarily residential areas and continued into the day, with the Ukrainian military using 155mm NATO-caliber artillery and…

Interest rate hikes came too late to stop a price surge in the short term, German industry groups say German consumers should not expect price spikes to subside in the coming months, the Federation of German Industries (BDI) said in a survey of major industry groups, published by Reuters on December 30.

Windfall tax on energy sector will make it harder to keep ageing reactors running, operator says Two nuclear power plants in the UK are at risk of being closed next year as a result of thewindfall tax approved by the British authorities, The Sunday Telegraph reported on Sunday, citing French grid operator Electricite de France…